In studies, forecasts and recommendations to governments, markets are seen as capable of processing so-called rational information. Economists claim that firms’ market prices result from rational expectation about their future monetary flows and intangible assets not accounted by bookkeeping, which, however, would enable those future monetary flows to occur.
Economists have misunderstood a key indicator—and it's a big problem, says researcher
Asian American shootings: This is 'not an exception' and other issues need to be discussed, says professorDays after two California massacres involving the Asian American community, many are seeking to understand what drove two men to [...]
Even if you think you are good at analyzing faces, research shows many people cannot reliably distinguish between photos of [...]
You’ve made plans to meet up with a good friend in a few hours, but now all you want to [...]