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Business & Economics

Updates every hour. Last Updated: 24-Oct-2026 01:16 ET (24-Oct-2026 05:16 GMT/UTC)

AI content moderation takes a lesson from economics #ASA190

Acoustical Society of America
Reports and Proceedings

Large language models may be able to make moderation of social media and online communities more effective, but they are expensive to run at scale, especially when asked to provide explanations for each piece of content they flag. Yuan Zhao will present research on creating an interpretable and low-cost method for evaluating LLMs’ hate speech classification as part of 190th ASA Meeting. His framework relies on the Rational Inattention model, an economic idea developed to explain human behavior.

Meeting: 190th Meeting of the Acoustical Society of America

Consumers willing to pay more for lobster harvested with ropeless technology, UMaine study finds

University of Maine
Peer-Reviewed Publication

A study led by Qiujie “Angie” Zheng from the University of Maine found that consumers are willing to pay an average of $3.42 more for a lobster roll made with lobster harvested using ropeless fishing technology designed to reduce whale entanglement risks when presented with information on animal welfare. Researchers tested how information about whale conservation, animal welfare and Maine’s lobster industry shaped consumer willingness to pay more for lobster harvested using ropeless technology. Messaging focused on whale welfare and entanglement impacts proved most effective at increasing support for ropeless technology, with consumers willing to pay more.

Journal: Marine Resource Economics

For most US drivers, EVs offer emissions benefits and cost savings

Massachusetts Institute of Technology
Peer-Reviewed Publication

In most U.S. zip codes, electric vehicles are cost-competitive with their gas-powered counterparts, according to a new study. And regarding emissions benefits of EVs, individual driving patterns matter as much as regional factors like the local electricity mix.

Journal: Environmental Research Letters
Funder: MIT Martin Family Society of Fellows for Sustainability

Scientists reconstruct historical climate trends from diaries

Research Organization of Information and Systems
Peer-Reviewed Publication

The Tenpō Famine of the 1830s was one of the worst in Japanese history, with the poor weather causing escalating rice prices as a major cause. To better understand how historical weather anomalies affected crop prices in Japan and ultimately led to the famine, researchers developed a new framework to analyze historical weather data. The results were published in Scientific Reports on February 18.

Journal: Scientific Reports
Funder: Japan Society for the Promotion of Science, Research Organization of Information and Systems

UofL breaks ground on $280-million facility for health education and collaboration

University of Louisville
Business Announcement

The University of Louisville has begun construction of a transformative new building that will serve as a cornerstone for education, engagement and research at the UofL Health Sciences Center and as a resource for the broader university and healthcare communities. The Health Sciences Building is designed to provide a rich environment for innovative and collaborative education that will equip existing and future health professionals to provide superior care and discover solutions to our most pressing health challenges.

Funder: Commonwealth of Kentucky

Can Europe get “energy-connected”? Brookings report examines EU’s efforts to become more self-reliant

Brookings Institution
Reports and Proceedings

In a new report, Brookings experts examine how a more integrated European energy system could strengthen energy security, while also furthering sustainability and affordability.

Telemedicine adoption, US ambulatory visits, and total medical spending, 2019-2023

JAMA Network
Peer-Reviewed Publication

About The Study: Nationwide telemedicine adoption was not significantly associated with changes in visits or spending, either overall or when stratified by urbanicity, payer type, or area-level social vulnerability, thus easing concerns about large utilization and spending increases from telemedicine expansion.

Journal: JAMA Network Open

Faculty of Economics and Law, Piacenza-Cremona campus, Università Cattolica del Sacro Cuore earns AACSB international accreditation

Universita Cattolica del Sacro Cuore
Business Announcement

Faculty of Economics and Law, Piacenza-Cremona Campus, Università Cattolica del Sacro Cuore Earns AACSB International Accreditation

Two new centers launched to enhance quality of life and foster entrepreneurship

Okayama University of Science
Business Announcement

Okayama University of Science has established two new interdisciplinary centers aimed at addressing societal and regional challenges through innovation and collaboration. Launched on April 1, the Center for Quality of All Lives (“IkimonoQOL”) promotes research and development to improve the well-being of animals and the people who care for them by combining expertise in veterinary medicine and engineering. The Entrepreneurship Center supports students and researchers in transforming ideas and technologies into businesses through entrepreneurship education, startup support, and partnerships across academia, industry, government, and local communities. Together, the centers are expected to strengthen the university’s role as a hub for innovation, regional revitalization, and human resource development.

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