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Financial mania: Why bankers and politicians failed to heed warnings of the credit crisis

Western economies displayed the same kind of manic behaviour as psychologically disturbed individuals in the run up to the 2008 credit crisis -- and it could happen again, according to a new study.
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Myopic Misery: The Financial Cost of Sadness

Myopic Misery: The Financial Cost of Sadness | Science News | Scoop.it
Apparently, sadness has the effect of bringing to mind "take the money and run" rationalizations, rapidly and elaborately, which can lead to lousy judgments and real financial losses.
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Greek science on the brink : Nature News & Comment

Greek science on the brink : Nature News & Comment | Science News | Scoop.it

Financial woes spur controversial reforms of the country's research system.

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Heart rules the head when we make financial decisions

Heart rules the head when we make financial decisions | Science News | Scoop.it
Our 'gut feelings' influence our decisions, overriding 'rational' thought, when we are faced with financial offers that we deem to be unfair, according to a new study.
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Using Twitter to predict financial markets

Using Twitter to predict financial markets | Science News | Scoop.it
A University of California, Riverside professor and several other researchers have developed a model that uses data from Twitter to help predict the traded volume and value of a stock the following day.

Articles about ECONOMY http://www.scoop.it/t/science-news?tag=economy

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Economists have more to learn from the natural sciences

Economists have more to learn from the natural sciences | Science News | Scoop.it
You’ve come to a canteen for lunch: at one end of the counter, you see juicy fat burgers sizzling on a grill and, at the other end, healthy-looking salads. After a little hesitation, you choose the burger.

Articles about ECONOMY http://www.scoop.it/t/science-news?tag=economy

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