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Category Archives: Economy
How bike sharing in Seattle rose from the ashes of Pronto’s failure
In October 2014, Seattle launched Pronto, a docked bike-share program. But Pronto had problems shifting into a higher gear, and the city ended the program in 2017, making Seattle one of the few cities in the world to shut down a modern public bike sharing system. (more…)
Words to borrow
How the words we use can predict whether we’ll pay back loans
Imagine you consider lending $2,000 to one of two borrowers on a crowdfunding website. The borrowers are identical in terms of their demographic and financial characteristics, the amount of money they wish to borrow, and their reason for borrowing the money. However, the text they provided when applying for a loan differs. (more…)
‘Growth Mindset’ Intervention Boosts Confidence and Persistence in Entrepreneurship Students
A low-cost intervention aimed at fostering a growth mindset in students gave the students more confidence in their entrepreneurship abilities and helped them persist when challenges arose. (more…)
The power of counteroffers
How potential alternative offers can affect negotiations
Whether you are interviewing for a job or closing on a home, power is a central tool in negotiations. Research from professors of management John Sawyer and Dustin Sleesman at the University of Delaware’s Alfred Lerner College of Business and Economics shows that an alternative offer can shift the power dynamic in a negotiation, even if that alternative hasn’t actually been offered. (more…)
Tips that Every Crypto Investor Must Know
Since the debut of Bitcoin in 2009, the cryptocurrency market has taken the world by storm. Today, cryptocurrencies are becoming an essential part of our everyday lives most especially when it comes to our financial transactions. Thus, more and more people are getting interested in it. (more…)
Toward zero hunger: More food or a smarter food system?
ANN ARBOR — When thinking about ways to end global hunger, many scholars focus too narrowly on increasing crop yields while overlooking other critical aspects of the food system. (more…)
Best Cryptocurrency Wallet
A cryptocurrency wallet is a secured digital wallet where you can store, send, or receive digital assets. It is a software program that stores your private and public keys without which you can’t use any cryptocurrency. Public keys are used when receiving funds while private keys are used when signing in. (more…)