Consumers differ in the way that they shop: some “showroom” by figuring out what they want at one kind of retail outlet and buying elsewhere; others conduct deep research and buy where they first find what they like; and other kinds of consumers are less particular and conduct only fairly limited research. Consumers who are...
The global art market totaled $67.8 billion in 2022, growing by 3% year-over-year and reaching its second-highest level to date, according to The Art Market 2023, authored by Dr. Clare McAndrew, Founder of Arts Economics and published by Art Basel in partnership with UBS. The report can be downloaded for free here. This put the market slightly...
In 2005, Siebel Systems, Inc., a California software company, challenged an enforcement action taken by the Security and Exchange Commission (SEC) that found the business had violated the Regulation Fair Disclosure (Reg FD) — a regulation implemented to prevent businesses from giving key analysts and investors insider information. The Siebel case went to the federal...
The artist is the label’s latest co-creator, imagining garments that merge street style with the city’s characteristic elegance “Moncler and me go way back to when I was a little kid during those New York winters,” says Alicia Keys. “A Moncler was something you could see, but not quite reach yet. That high vision of...
The name of the game is customer satisfaction, especially in the airline industry where companies are constantly jockeying for business by promising better service than their competitors. Now a professor at the University of Missouri has used artificial intelligence to sort through thousands of customer reviews and identify where airlines are falling short. Sharan Srinivas,...
Company loyalty is a double-edged sword, according to a new study. Managers target loyal workers over less committed colleagues when dolling out unpaid work and additional job tasks. “Companies want loyal workers, and there is a ton of research showing that loyal workers provide all sorts of positive benefits to companies,” said Matthew Stanley, Ph.D.,...
In recent years, teleworking – spurred by the implementation of information and communication technologies and the recent pandemic, particularly – has become a feature of many jobs. Many companies have now made this form of working available to their employees, but it is still far from common practice in today’s labour market. Universitat Oberta de Catalunya (UOC)...
In everyday life, people have to make decisions in uncertain situations in which they have incomplete information, but how individuals behave in such instances is influenced by their gender. Men are more likely to interpret any information about an investment opportunity “optimistically” and can more easily be persuaded into making risky financial decisions, suggests new...
Salary transparency can reduce the gender pay gap, but it’s key that the cost of publicly monitoring salaries is reduced, according to new research published in Strategic Management Journal. The researchers found the more visible or highly ranked the institution, the more aggressive their response. Elizabeth Lyons of the University of California, San Diego, and Laurina...
Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate. New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday. The rise to the top for spirit-makers was fueled in part by the resurgent cocktail culture — including the...
