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Understanding Impacts of Superstitions on Decision Making Behavior

Scientists have been successful up to great extent in understanding the impacts of superstitious beliefs on the decision making process of a person. This important aspect has long been understood to affect the market behaviors in addition to the individual’s behavior but almost no attention has been given to it so far. For the first time [...]

World News

Columnist Paul Krugman wins Nobel economics prize (AP)

In a March 6, 2005, file photo provided by 'Meet the Press', Paul Krugman of Princeton Univsersity and The New York Times, speaks during the taping of 'Meet the Press.' The Royal Swedish Academy of Sciences said Monday, Oct. 13, 2008, that Krugman has won the Nobel economics prize 'for his analysis of trade patterns and location of economic activity.' (AP Photo/Meet The Press, Alex Wong/file)

AP - Paul Krugman, the Princeton University scholar and New York Times columnist, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect trade patterns and the location of economic activity.

South Korea may expand projects with North Korea (AP)

A South Korean woman reads a newspaper reporting the United States removed North Korea from its terrorism blacklist in Seoul, South Korea, Oct. 12, 2008. North Korea said Sunday it will resume disabling its main nuclear facilities, hours after the United States removed the communist country from a list of states that sponsor terrorism. (AP Photo/Ahn Young-joon)

AP - South Korea is considering expanding cross-border projects with North Korea following major progress in an international standoff over the communist country's nuclear program, an official said Monday.