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Economy – Articles, Analysis, Opinion

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Game theory needs to evolve to make sense of the complexity of what drives us to cooperate. from www.shutterstock.com

New take on game theory offers clues on why we cooperate

Recent research suggests a new way to look at the famous prisoner’s dilemma and how the results could help us better understand human behavior and encourage cooperation.
Extreme weather events, such as droughts, will impact businesses in many industries, particularly those that rely on natural resources. Jeff Tuttle/Reuters

How well prepared are businesses for climate change?

Industry is on the front lines of responding to the effects of climate change and forward-looking businesses are trying to shape policy – before more stringent measures are imposed.
What’s the proper tip for a cup of joe? Shutterstock

Why we should get rid of tipping

The custom is confusing to customers, creates instability for workers and ironically doesn’t necessarily result in better service as intended.
A little employee love goes a long way. Southwest Airlines shows how a company can be rewarded for valuing its workers. Reuters

US must invest in its workers and roads to sustain job gains

The economy is creating the most jobs in 15 years, but only a substantial investment in our crumbling infrastructure and underpaid workforce will ensure they last.