Stock markets tend to rise in the week after a blockbuster movie opens
Blockbuster movie releases were followed by significantly higher US stock market returns the next week, along with lower expected volatility and risk aversion, and the pattern also appeared in international markets.
Children judged more creative at age seven went on to earn more as adults
Following 12,211 Britons born in one week of March 1958, economists found childhood creativity predicted higher career earnings, better jobs and more education. In their working paper, one standard deviation more creativity meant about 2% higher pay.
Lotto tickets with the number 7 win smaller prizes because so many players pick it
Using lotto draws from Belgium and France and Euromillions data, two economists show that tickets containing the lucky number 7 earn significantly lower prizes, because parimutuel payouts are shared among the many players who choose it.
Sensing society is falling apart breeds uncertainty and a wish for strongmen
In a German survey of 1,504 people and three US experiments with 846 participants, perceived social breakdown raised support for authoritarianism (5.22 vs 3.51 on a 7-point scale) by first eroding political control and then creating political uncertainty.
How much a baby prefers faces over objects is about 46% down to genes, twin study finds
In 536 five-month-old twins, eye tracking showed that sustained preference for faces over objects had a heritability of 0.46, with no detectable effect of shared family environment. Babies who looked longer at faces understood slightly more words at 14 months.
Staying neutral on hot-button issues earns as little moral credit as taking the other side
Across 11 studies with North American samples, observers judged people who stayed neutral on contested sociopolitical issues as no more moral than people who openly opposed them, because they read neutrality as apathy or strategy rather than genuine indecision.
Lawyer ads about blood-thinner risks cut prescriptions and raised hospital visits
Television ads recruiting plaintiffs against makers of blood thinners reduced prescription fills for the targeted drugs and increased hospitalizations for conditions the drugs treat, such as stroke, according to a study of US Medicare data from 2015 to 2019.
Bake Off judges favor the first dish they taste in blind tests
Analyzing the technical challenge of The Great British Bake Off, economists found that expert judges rank the first bake they taste more favorably, in the British show and other English-speaking versions, with no recency effect.
Complaints written with ChatGPT were 6.9 points more likely to win relief from banks
Analysing 1,134,512 complaints to the US Consumer Financial Protection Bureau, researchers estimate that using an LLM raised the chance of relief by 6.9 percentage points. Experiments showed AI edits helped through clearer presentation, with the facts unchanged.
