A new paper in Oxford Open Economics, indicates that, while digital financial services are often proposed as a vehicle to lower inequality, the cost and infrastructure barriers to accessing mobile phones may amplify economic disparities among women in developing countries. Previous research has suggested that digital financial services have the potential to improve access to money...
Commerce
How Mexico’s Lucrative Avocado Industry Found Itself Smack in the Middle of Gangland
To the relief of avocado lovers from coast to coast, the recent drama between the United States and Mexico was fleeting. The U.S. Department of Agriculture banned imports of the fleshy fruit from Mexico on Feb. 11, 2022, after an employee of its Animal and Plant Health Inspection Service, who was working in Mexico, received...
The Future of Work: What Have We Learned During the Pandemic?
The extraordinary pivot to a work-from-home (WFH) mode for a large segment of the world’s working population since March 2020 intensified an existing trend that began with the proliferation of digital technologies. As COVID-19 variants have cycled up and down over the past two years, flexible hybrids of the workplace modality emerged and evolved. The...
New Report Reveals 140K U.S. Workers Involved in 265 Strikes in 2021
The most common demands of the 140,000 striking American workers in 2021 involved health and safety protocols, pay and health care benefits, according to a new report from the Cornell University ILR Labor Action Tracker 2021. Published Feb. 22, the report captures nuances of a surge in labor activism considered by many, at least in...
Who’s Watching? Nearly a Third of TV Ads Play to Empty Rooms
Paying thousands of dollars to advertise on television is a huge proposition – never more so than for the Super Bowl, for which 30-second TV spots this year will cost advertisers as much as $6.5 million. Contrary to Super Bowl advertisements, which are some of the most high-profile commercials, new Cornell University research shows nearly...
People Prefer Interacting with Female Robots in Hotels
People are more comfortable talking to female rather than male robots working in service roles in hotels, according to a study by Washington State University researcher Soobin Seo. The study, which surveyed about 170 people on hypothetical service robot scenarios, also found that the preference was stronger when the robots were described as having more...
Don’t Care About Reputation? the Surprising Association Between High-Reputation Underwriting Firms and Low-Quality IPO Companies in a Nascent Stock Market
In both mature and burgeoning markets, underwriters who boast a high reputation will prevail, as they get to choose their clients. The question becomes: Who might they choose? According to the new study “Who do you take to tango? Examining pairing mechanisms between underwriters and initial public offering firms in a nascent stock market”—authored by...
Banning Unhealthy Products in Plea for Public Health Has Financial Downfalls for Retailers
Banning tobacco in pharmacies leads to a 4% decline in sales of non-tobacco products. Sales losses occur regardless of whether the ban is voluntary or enforced by regulation. This consequence can be applied to the banning of other unhealthy categories at other stores or retailers. New research in the INFORMS journal Marketing Science shows that doing something positive...
California Marijuana Growers Can’t Take Much to the Bank
Legalization of marijuana in California has helped some financial institutions in the state increase their assets at the same time many banks, feeling stifled by federal regulations, deny services to licensed growers, manufacturers and retailers, a new study shows. Combining data on bank holdings and interviews with growers and bankers, the research paints an initial...
New Framework Accounts for How Moral Character Promotes Ethical Decision Making
In recent years, interest in moral character has grown, as has its role in promoting ethical behavior within organizations. Yet we know little about the ways moral character manifests in observable ethical behavior. A new set of studies developed the character lens perspective to account for patterns in how individuals make sense of and comprehend ethical choices...