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810 articles found

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Economics

Only the Bad Cars Remain: The Market for Lemons

Why can good products disappear from a market where buyers cannot judge quality? This article covers Akerlof's 1970 paper, how adverse selection drives good goods out, examples bey

Translated article

Economics

Winning but Losing: The Winner’s Curse

The winner’s curse is when the person who most overestimates an item’s uncertain value wins the auction and overpays. This piece covers its origin in Capen, Clapp and Campbell’s 19

Translated article

Earth science

The Ocean's Giant Conveyor Belt: Thermohaline Circulation

How does the ocean carry heat around the planet? This article covers how temperature and salt drive deep-ocean currents, the route of the global conveyor belt, its effects on clima

Translation update pending

Tourism studies

The Economic Potential and Social Change of Adventure Tourism

Adventure tourism is a rapidly growing field that occupies an important place in modern tourism studies. This article first examines the definition and historical background of adv

Translation update pending

Business administration

Lead Change and Innovation through Business Management

Efficient business management is essential for a company to grow continuously and succeed. Responding quickly to changes in the internal and external environment, allocating resour