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Why limited-time offers make shoppers say 'bye now', not 'buy now'
Money & Business

Why limited-time offers make shoppers say 'bye now', not 'buy now'

...psychological factors, particularly when consumers are not subject to high time pressure. This article was originally published by LSE Business Review, and is based on the authors’ paper ‘Take it or leave it: experimental evidence on the effect of time-limited offers on consumer behaviour’, presented in this year’s Annual Conference of the Royal Economic Society....
Even the homeless can have a 'home'
Society, Politics & Law

Even the homeless can have a 'home'

...business and tourism. This has led, in some quarters, to the vilification of “visible” homeless people – particularly where their homelessness is seen as a “lifestyle choice” – on the basis that they wilfully stand in the way of social, economic and cultural progress. They are a social element to be scorned, rather than supported: a view which may have led...
Why has English taken over academia?
Languages

Why has English taken over academia?

...business, politics and academia. In universities in countries where English is not the official language, English is increasingly used as a medium of instruction and is often the preferred language for academics in which to publish their research. In Europe alone, the number of undergraduate and masters programmes fully taught in English grew from 2,389 in 2007 to 8,089...
Literature and the Environment
Nature & Environment

Literature and the Environment

...so that businesses and governments have to adapt. We are more likely to do something if we feel it is important. Reading books might just make us more sensitive to humanity’s place in a fragile world, to the interconnectedness of nature and humankind, and accordingly, inspire us to change. [Screenshot of animation for COP26] Click on the banner to explore the COP26 hub...
Systems in action: Pea canning case study
Money & Business

Systems in action: Pea canning case study

...business required some quick changes...[Peas in pods] Systems Thinking is based on fundamental principles which are applicable across a very wide range of experience and circumstances, no matter when or where they occur. This case study dates from 1965, and is an example of a situation that still occurs frequently. The company concerned was the leader in its market in the...
The secrets of the brain
Science, Maths & Technology

The secrets of the brain

...busy. Determining which areas are in charge of each task is quite difficult, and it gets worse with complex tasks such as storing memories or making up our personalities. Scientists in the past, however, had a very convenient approach to this problem: if they found a person with a lesion in a specific part of the brain, they could study them and figure out which function...
Golden Globe Ocean Race: The next 50 years?
Nature & Environment

Golden Globe Ocean Race: The next 50 years?

...busy shipping industry impacting marine animals’ ability to communicate or hear the signs of danger and thereby impacting their ecosystem. Transcript It is true that our oceans are vast. In fact, they cover 70% of the Earth’s surface. However, it is not right to think that we can consider it being a dumping ground. What we are doing to it has direct and profound...
Design from the inside
Science, Maths & Technology

Design from the inside

...Business, Energy and Industrial Strategy. As an example of the transformative impact of additive manufacturing, they provide an account of the redesign of the partitions in the cabin of the Airbus A320 using a cellular structure, which increases the strength-to-weight ratio significantly, allowing the partitions to be manufactured from less material. This resulted in a...