UChicago professor argues for lowering key statistical benchmark A single change to a century-old statistical standard would dramatically improve the quality of research in many scientific fields, shrinking the number of so-called false positives, according to a commentary published Sept. … Continue reading →
Market experience leaves people less susceptible to economic bias, study finds Experience in trading changes how the human brain evaluates the sale of goods, muting a well-established economic bias known as the endowment effect, according to researchers at the University … Continue reading →
Experiment involved more than 14 million app players Discounts tied to buying large quantities of virtual goods have little impact on profitability and do not increase the number of customers making purchases, according to economists at the University of Chicago.
Given the chance, women are more likely than men to opt out of a request to give a charitable donation, a group of economists have found. The issue of which gender is more generous has been debated for years. A … Continue reading →
A bonus payment to teachers can improve student academic performance — but only when it is given upfront, on the condition that part of the money must be returned if student performance fails to improve, research at the University of … Continue reading →