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How Numbers Drive Behavioral Decision-making
Numbers may influence behavioral decision-making more than we think, according to new Wharton research.
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WorkWorkCould midwives be the solution to the America's maternal health crisis? - Health (No paywall) Its 5 a.m. at Mother Health International (MHI), a birth center in Northern Uganda affiliated with Yale University, when the call comes in from a local midwife about 12 miles away. A woman in her village has gone into labor. The alert sets a series of gears into motion: a motorcycle driver is immediately dispatched to zip down the mostly unpaved roads to her location, while the nurse midwives at MHI prepare a room for labor and delivery. Within an hour, the laboring mother and her local midwife arrive at MHI where shes greeted by nurse midwives who work together to ensure a safe delivery. An ambulance stands ready in case the birth becomes difficult, but it isnt needed. Soon, the room celebrates: a new baby is welcomed into the world and placed onto her mothers chest. WorkWork WorkWorkWhen ICE Agents Are Waiting Outside the Courtroom - The New Yorker (No paywall) Earlier this month in downtown Manhattan, on the second floor of a deli near Federal Plaza, a twenty-eight-year-old named Mercedes waited anxiously as she prepared for the possibility of her arrest. She was with her eleven-year-old daughter, Jhuliana, who had just finished sixth grade in the Bronx, and her toddler, who was born in New York shortly after Mercedes and Jhuliana crossed the U.S.-Mexico border, in the summer of 2023. The young family sat at a table near a waist-high glass railing that overlooked the cash registers on the first floor, and watched as uniformed men from the Department of Homeland Security filed in and out for coffee and breakfast. I saw on TikTok the other day that some guys from ICE came into a restaurant and sent everyone running, but they were just getting something to eat, Mercedes said, laughing nervously. Her toddler, who was almost two, leaned over the railing and called out to the agents in baby gibberish, but the agents did not acknowledge her. Come, come here! Mercedes said, and the child ran back into her arms. WorkWork
WorkWorkThe hottest business strategy this summer is buying crypto - WSJ (No paywall) Companies are raising tens of billions of dollars, not to invest in their businesses or hire employees, but to purchase bitcoin and more obscure cryptocurrencies. A Japanese hotel operator, a French semiconductor manufacturer, a Florida toy maker, a nail-salon chain, an electric-bike makertheyre all plowing cash into tokens, helping to send all kinds of digital currencies to record levels. News that a new company plans to buy crypto is enough to send its shares flyingspurring others to consider joining the frenzy. WorkWork
WorkScience Is Winning the Tour de France - The Atlantic (No paywall) For fans of the Tour de France, the word extraterrestrial has a special resonanceand not a fun, Spielbergian one. In 1999 the French sports newspaper Lquipe ran a photo of Lance Armstrong on its front page, accompanied by the headline On Another Planet. This was not, in fact, complimenting the American athlete for an out-of-this-world performance in cyclings premier race, but was code for hes cheating. WorkWorkWhat if AI made the world's economic growth explode? - The Economist (No paywall) UNTIL 1700 the world economy did not really growit just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium for production to double. Then spinning jennies started whirring and steam engines began to puff. Global growth quintupled to 0.5% a year between 1700 and 1820. By the end of the 19th century it had reached 1.9%. In the 20th century it averaged 2.8%, a rate at which production doubles every 25 years. Growth has not just become the norm; it has accelerated. Work
WorkWorkWorkWorkFemale Founders' Newest Networking Strategy? This Centuries-Old Game - Inc (No paywall) Last year, Angie Lin quit her marketing job at a startup building electric boats to focus on building her own business: hosting mahjong events around Los Angeles.Lin, who is Taiwanese American, started teaching her friends how to play the tile game in 2022, and the hobby she picked up while living in Taiwan years earlier quickly became a side hustle. When she hosted her first mahjong party, about 40 people showed up to her house. The second event, held in a warehouse downtown, attracted more than 200 players. She started charging $10 to $15 a ticket for pop-ups that included lessons about rules, strategy, and the cultural history of the game, which dates back to mid-19th-century China. Soon enough, these one-off events turned into a club called Mahjong Mistress, which held events every few months. When celebrities, including Ali Wong, Rashida Jones, and Steven Yeun, started calling Lin asking her to curate private mahjong events, she realized she had a real business and formed an LLC.
WorkWashington struggles to rein in an emboldened Israel - WSJ (No paywall) The Trump administration in recent days has expressed frustration with Israeli actions in Syria and Gaza. President Trumps MAGA supporters, in particular, are growing more critical of his support for Israeli Prime Minister Benjamin Netanyahu, who they fear will drag the U.S. deeper into a morass of regional wars. WorkWorkWork
WorkIs anyone going to stop a looming death spiral in Gaza? The Palestinian population of the Gaza Strip has faced various levels of food insecurity throughout the war that Israel has waged on the territory since Hamass October 7, 2023, attack, fluctuating with the amount of aid Israel has allowed to enter the enclave via checkpoints it controls. WorkCompanies Are Starting To Get The Big Picture On Climate If, like me, youve been closely following the evolution of how the private sector is thinking about and reacting to the climate challenge, its easy to get lost in the details and lose sight of the bigger picture. This week at Aspen Ideas Climate, held for the first time in Chicago, was a good opportunity to zoom out. There, I led a discussion focused on the macro business case for continuing to work on climate. WorkIsrael-Gaza war live: Europe debates recognition of Palestine as starvation spreads in Gaza Israeli Prime Minister Benjamin Netanyahu said Friday his government was considering “alternative options” to ceasefire talks with Hamas after Israel and the US recalled their negotiating teams, throwing the future of the negotiations into further uncertainty. Netanyahu’s statement came as a Hamas official said negotiations were expected to resume next week and portrayed the recall of the Israeli and American delegations as a pressure tactic. Work
WorkWorkWorkWorkWhat MBA Students Reveal About Inequality in America - ProMarket In new research, Marcel Preuss, German Reyes, Jason Somerville, and Joy Wu find that MBA students' attitudes toward inequality and fairness vary from those of the average American. As these students will one day form the business and political elite of the United States, the findings have implications for the future of inequality in the U.S.
WorkWorkWorkWhat Critics Are Saying About Columbia's Cave to the Trump Administration - Intelligencer (No paywall) On Wednesday, Columbia University and the Trump administration announced that they had agreed to a deal to restore federal hundreds of millions of dollars in federal research funding to the school in exchange for a number of concessions by Columbia, including $200 million to settle discrimination allegations. The Trump administrations targeting of Columbia and 60 other universities has been framed by the White House and its allies as an effort to combat campus antisemitism, though in reality its part of a larger culture war against higher education. Work WorkWorkWorkWork WorkWorkWorkWork WorkWorkWorkWorkWork TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is 3110 Thomas Ave, Dallas, TX 75204, USA |
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