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.
Shoppers take condoms and pregnancy tests to self-checkout, and will pay for the privacy
Supermarket scanner data from the Washington, D.C. area show embarrassing items are far more likely to be bought at self-checkout than at a cashier, especially condoms and pregnancy tests, and shoppers accept about 8.5 cents of extra time cost for that privacy.
In the ancient world, witnesses often decided cases instead of judges, study argues
Comparing Babylonian court records, the Gortyn Code from Crete, biblical law and ancient oaths, legal historian Orit Malka argues that witnesses in many early societies held the power to decide cases, not merely supply facts.
Renters treat a company’s cabin more like their own, and move the furniture
Across nine experiments, people felt more ownership of rentals from companies than from individuals and were more willing to modify them. In a lab test, 25.8% marked a book rented from a company versus 13.4% from a person.
Wanting to be as happy as possible is mostly a Western ideal, 66-country data suggest
Using data from about 20,000 people in 66 countries, researchers found that the more individualistic, educated, industrialized, rich and democratic a country, the higher the happiness its people consider ideal. Only around 15% of people in one survey wanted maximum happiness.
Being funny on demand showed no clear genetic link in a study of 644 twin pairs
Among 448 identical and 196 fraternal twin pairs, how funny people rated themselves was heritable, but their judged skill at writing funny cartoon captions showed no significant genetic effect and was shaped mainly by environment.
Fast fiber internet cut depression symptoms 5.7% among Americans over 50
As fiber broadband reached US neighbourhoods between 2010 and 2018, depression symptoms among adults aged 50 and over fell by 5.7%, driven mainly by stronger social connections and less isolation, with women and rural residents gaining most.
Americans would pay $130 a year for simpler taxes as the tax code keeps growing
In a survey of 796 US taxpayers, most said filing has grown more complex and would pay for simplification, $130 a year on average, while the US tax code grew from 3.1 million to 4.3 million words over 30 years.
Fewer babies around means fewer babies wanted, adding 13% to fertility decline
Economists model an ’empathy channel’ in which exposure to infants raises the desire for children. Calibrated, it accounts for 3% to 33% of the fertility decline, 13.4% at baseline, and a textbook baby subsidy would overshoot the optimum by 23% to 32%.
