New research recently published in Psychological Science demonstrates that two hormones can exert a strong influence over a bargainer’s success in a negotiation: testosterone and the stress hormone cortisol. Testosterone is often associated with aggressive behavior, so we might assume that the more testosterone the better when it comes to More
Facebook claims more than 1 billion users, and Apple is widely cited as the world’s most valuable company. Constant technological innovation over the past few decades influences almost every aspect of our daily lives. However, new research suggests that you may want to think twice before betting on the next More
The New York Times: The idea began percolating, said Dan Price, the founder of Gravity Payments, after he read an article on happiness. It showed that, for people who earn less than about $70,000, extra money makes a big difference in their lives. His idea bubbled into reality on Monday More
The Washington Post: Dan Price, like a growing number of CEOs in recent months, is raising the minimum wage for his employees. But while the chief executives of companies ranging from Aetna to Gap, Inc. to Wal-Mart are upping their wage floors by a few dollars an hour to help them compete for better talent, this More
New technology is allowing auto insurers to offer insurance models that can use an individual’s real-time driving behavior rather than actuarial tables to help determine their insurance costs. Several major insurance companies now offer Pay-As-You-Drive insurance (PAYD), where insurance fees are directly linked to an individual driver’s real world behavior. More
The Huffington Post: Enticements to consumerism define our society like never before. From our tablets, to our email, to our smartphones, the next advertisement and the next purchase are only a click away. The result? The impulse buy — the cash cow of many a business strategy — is more More
