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Shifting balances of economic power
Free trade agreements and economic globalization have gone out of fashion: Sanctions, protectionism, and fears cloud the outlook for a prosperous development of international trade relations.
New emissions model reveals problems with carbon forecasts
Researchers at WU (Vienna University of Economics and Business) have developed a new model for forecasting greenhouse gas emissions. It shows that the global climate targets can no longer be achieved unless drastic measures are taken – and it reveals that some countries vastly overstate their carbon reduction efforts.
REMASS: Understanding our society's metabolism
The visionary REMASS project investigates the effects of crises on society's metabolism - and has been awarded funding of 7.1 million Euros by the Austrian Science Fund (FWF) for the next five years.
Setting limits for artificial intelligence
If AI systems make decisions solely on the basis of data and algorithms, it leads to ethically problematic outcomes
Headquarters in Austria: “A great way to enter the European market”
Chiara Fabrizi from WU’s Institute for International Business is the co-author of the first comprehensive study on headquarters in Austria. We asked her what she had learned from analyzing 1,500 Austrian headquarters – and what she would recommend to policymakers who want to attract international businesses.
Crowd wisdom: A win for women musicians
Are experts really better at judging the quality of art than the general public? According to a study by WU (Vienna University of Economics and Business), this seems doubtful – at least in the field of classical music. The study shows that audiences outperform expert juries when it comes to predicting performers’ future success. Audience members are also less biased regarding musicians’ origin and gender.
Can education compensate for population decline?
Birth rates in industrialized countries are falling steadily. But the fewer children they have, the more parents invest in the education and health of their offspring – making them more valuable to the economy. Can increasing human capital compensate for falling birth rates? At least partially, as a study by WU shows.
A Community Effort Towards Reproducible Management Science
Whether we can really trust scientific studies depends on one important factor: reproducibility. Data can only be reproduced by other researchers if it is documented transparently. A team including Ben Greiner, Miloš Fišar and Christoph Huber from the WU Institute for Markets and Strategy has investigated the extent to which this applies to management science. They have summarized their most important findings here.
In Search for the Missing Mining Impacts: A Call for Transparency and Open Data
The effects of mining on humans and the environment are poorly documented. In a commentary in the journal Nature, WU researcher Victor Maus has called for thee data gaps to be closed. This is a prerequisite for implementing the green energy transition in a way that minimizes environmental damage.
Less is more: CEOs cutting their own pay increases employee motivation
When managers give up part of their salary, this can boost the motivation of the entire workforce – especially when they do so of their own free will and the money benefits the employees or a good cause. This is the finding of a study by WU (Vienna University of Economics and Business).
19 Jan
Ceremonial Hall 1 and YouTube livestream
Communicating leadership
Rethinking management communication