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What is the best way to encourage innovation? Competitive pay may be the answer
Economists and business leaders agree that innovation is a major force behind economic growth, but many disagree on what is the best way to encourage workers to produce the ‘think-outside-of-the-box’ ideas that create newer and better products and services. New research indicates that competitive ‘winner-takes-all’ pay structures are most effective in getting the creative juices…
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Online product displays can shape your buying behavior
One of the biggest marketing trends in the online shopping industry is personalization through curated product recommendations; however, it can change whether people buy a product they had been considering, according to new research. The study by Uma R. Karmarkar, assistant professor at the UC San Diego Rady School of Management and School of Global…
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Food labeling is lacking in online grocery retailers
Online food retailers do not consistently display nutrition information on their websites — and U.S. laws are lagging behind in mandating the same labeling required for foods sold in brick-and-mortar stores, according to a new analysis. «Information required to be provided to consumers in conventional grocery stores is not being uniformly provided online — in…
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Employers should nurture friendship and support amongst co-workers to unlock creativity, shows new research
The new study from the University of Bath’s School of Management reveals care from a co-worker inspires people to be supportive to their partner at home, showing that co-workers have a significant role to play in enabling couples to cope with balancing the demands of work and family life. This spiral of support has knock…
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Objection: No one can understand what youre saying
A new study from cognitive scientists offers an answer to why legal documents such as contracts or deeds are often so impenetrable. After analyzing thousands of legal contracts and comparing them to other types of texts, the researchers found that lawyers have a habit of frequently inserting long definitions in the middle of sentences. Linguists…
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Heat stress for cattle may cost billions by century’s end, study finds
Climate change poses a potentially devastating economic threat to low-income cattle farmers in poor countries due to increasing heat stress on the animals. Globally, by the end of this century those producers may face financial loss between $15 and $40 billion annually. Farmers in tropical regions — including large parts of South America, Asia and…
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Surveys with repetitive questions yield bad data, study finds
Surveys that ask too many of the same type of question tire respondents and return unreliable data, according to a new study. The study found that people tire from questions that vary only slightly and tend to give similar answers to all questions as the survey progresses. Marketers, policymakers, and researchers who rely on long…
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Myth-busting study reveals that gamblers can’t detect slot machine payout percentages
It’s a common sight on casino floors: patrons jumping from slot machine to slot machine before eventually hunkering down at a game that’s due for the next big payout. But can players — even the regulars who frequent a particular property — really tell the difference between the house edge on one game from that…
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Office buildings with infrequent water use may have poor water quality
Low-consumption office buildings with infrequent water use could have chemical and microbiological safety issues, according to a new study. The research could have implications for office buildings used less frequently during pandemic lockdowns, and suggests that regular water testing in commercial buildings may be needed. Many office buildings have decreased occupancy during weekends and holidays…
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Heat stress for cattle may cost billions by century’s end, study finds
Climate change poses a potentially devastating economic threat to low-income cattle farmers in poor countries due to increasing heat stress on the animals. Globally, by the end of this century those producers may face financial loss between $15 and $40 billion annually. Farmers in tropical regions — including large parts of South America, Asia and…