News articles tagged with "economics"

07/07/2014 12:00:03
Kimm Fesenmaier
Investment magnate Warren Buffett has famously suggested that investors should try to "be fearful when others are greedy and be greedy only when others are fearful." That turns out to be excellent advice, according to the results of a new study by researchers at Caltech and Virginia Tech that looked at the brain activity and behavior of people trading in experimental markets where price bubbles formed. In such markets, where price far outpaces actual value, it appears that wise traders receive an early warning signal from their brains—a warning that makes them feel uncomfortable and urges them to sell, sell, sell.
05/19/2008 07:00:00
Kathy Svitil
In a strategic game, the success of any player depends not just on his or her own actions, but on the behavior of every other player in the game. To be successful, players must not only pay attention to what other players do, but also how they are thinking.
 
01/14/2008 08:00:00
Kathy Svitil
A rose by any other name might smell as sweet, but slap on a hefty price tag, and our opinion of it might go through the roof. At least that's the case with the taste of wine, say scientists from the California Institute of Technology and Stanford University.
 
01/10/2008 08:00:00
elisabeth nadin
It's been called beachfront property. Wireless companies are clamoring for pieces of it. The auction that will parcel it out will be the biggest of the next decade, with reserve prices set at $10 billion.
 
12/04/2006 08:00:00
John Avery
How did the West conquer the world? The secret, says California Institute of Technology economic historian Philip T. Hoffman: technological innovation.
 
10/20/2006 07:00:00
Robert Tindol
The Gordon and Betty Moore Foundation has awarded three grants totaling $24 million to the California Institute of Technology for projects in cosmology, experimental economics, and neurobiology.
 
12/08/2005 08:00:00
Robert Tindol
Do you have second thoughts when ordering a strange-sounding dish at an exotic restaurant? Afraid you'll get fricasseed eye of newt, or something even worse? If you do, it's because certain neurons in the brain are saying that the potential reward for the risk is unknown. These regions of the brain have now been pinpointed by experimental economists at the California Institute of Technology and the University of Iowa College of Medicine.
 
05/25/2005 07:00:00
Robert Tindol
A new study, on the organization of the wholesale electricity market conducted by California Institute of Technology and Purdue University economists, suggests that a plan being considered by the California Energy Commission (CEC) to require electric utility companies to make public their procurement strategies would result in higher costs for utility customers.
 
08/21/2002 07:00:00
Robert Tindol
Steven Quartz, an associate professor of philosophy and member of the Computation and Neural Systems program at the California Institute of Technology, will lead a new program to examine the neural basis of economic and moral decision-making. The program is made possible by a $1 million grant from the David and Lucile Packard Foundation.
 
06/22/2000 07:00:00
Deborah Williams-Hedges
Dr. Camerer Elected as Econometric Society Fellow
 
02/16/1998 08:00:00
Robert Tindol
Caltech anthropologist, Thayer Scudder, has been appointed to the World Commission on Dams, created by the World Conservation Union and the World Bank to review the costs and benefits of large dams throughout the world.
 
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