forget

3Jul

By THEIRL1ADMIN01No Comments

IMPACT, SOCIETY

Millions Of Working Americans Still Can’t Afford Food And Rent – Forget The American Dream

Jeffrey Kucik, University of Arizona and Don Leonard, The Ohio State University The Biden administration is likely celebrating a better-than-expected jobs report, which showed surging employment and wages. However, for millions of working Americans, being employed doesn’t guarantee a living income. As scholars interested in the well-being of workers, we believe that the economy runs better when people aren’t forced to choose between paying rent, buying food or getting medicine. Yet too many are compelled to do just that. Determining just how many workers struggle to make ends meet is a complicated task. A worker’s minimum survival budget can vary considerably based on where the person lives and how many people are in the family. Take Rochester, New York. It has a cost of living that’s ...

Investors Selectively Forget Their Money-Losing Stocks – They Often Have A Biased Memory – Why Are They So Cocky?

Philip Fernbach, University of Colorado Boulder and Daniel Walters, INSEAD The Research Brief is a short take about interesting academic work. The big idea Stock investors mistakenly remember their past investments as better than they actually were, which leads them to be overconfident about how they’ll perform in the future, according to our new study. Past research has shown that investors tend to be very overconfident. But there’s been little explanation as to why. We wondered whether a biased memory might play a role. So we recruited about 900 investors – mostly men, who dominate the finance industry – through online forums and panels and conducted three studies. In the first, we asked 401 investors a series of questions intended to estimate their level of overconfidence, glean the...

Okay Google: Forget me!

The internet never forgets, but privacy concerns have more people pushing for that to change. In today's digitally connected world, racist tweets, drunken Facebook photos or tactless emails can come back to haunt individuals years after the fact. With online search results affecting the outcome of job offers, relationships and even home loans, more people are pushing to have a say in shaping their digital narratives. This is already possible in the European Union, which grants ordinary citizens (not public officials) the "right to be forgotten" on search engines in certain instances, such as if information is outdated or irrelevant. But in response to a recent legal battle, the EU's top court ruled that search results can only be delisted in individual ...