#Hoarding and herding during the COVID-19 pandemic

“#Hoarding and herding during the COVID-19 pandemic” Credit: Pixabay Rushing to stock up on toilet paper before it vanished from the supermarket isle, stashing cash under the mattress, purchasing a puppy or perhaps planting a vegetable patch—the COVID-19 pandemic has triggered some interesting and unusual changes in our behavior. Understanding the psychology behind economic decision-making,…

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#A government program that reduces mortgage defaults

“#A government program that reduces mortgage defaults” If one of these houses has an HFA mortgage, the owners may be less likely to default than their neighbors. Credit: The Ohio State University Lower-income households that received mortgages through state affordable mortgage programs were less likely to default or foreclose than similar households that received conventional…

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#Airing commercials after political ads actually helps sell nonpolitical products

“#Airing commercials after political ads actually helps sell nonpolitical products” Credit: Petr Kratochvil/public domain About $7 billion reportedly will be spent this fall on television and digital commercials from political campaigns and political action committees, filling the airwaves with political ads many viewers dislike. Companies running ads immediately afterward have been concerned about the potential…

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#Study shows devastating cost of failure to coordinate economic reopenings

“#Study shows devastating cost of failure to coordinate economic reopenings” Credit: Pixabay/CC0 Public Domain New, peer-reviewed research published today by the Social Analytics Lab at the MIT Initiative on the Digital Economy in the prestigious Proceedings of the National Academy of Sciences shows the devastating cost of the current chaotic and uncoordinated reopening of states…

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#Subsidies, weather, and financial education promote agricultural insurance adoption

“#Subsidies, weather, and financial education promote agricultural insurance adoption” A University of Maryland-led study shows that subsidies can help people continually purchase insurance, but only if they have the financial literacy to understand the benefits and have the experience of seeing the policy in action. In a new paper published in American Economic Review, researchers…

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