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Low Profit, Not Low Productivity, Drives Mergers

New research finds that less profitable, rather than less efficient companies were more likely to be acquired. When more profitable companies acquire less profitable companies, the successful sales and management practices of the buying company are spread around, making better use of existing productivity and boosting the profitability of the purchased firm.

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Think Your Organization is Diverse? Think Again

Over the past few decades, many companies have sought to make their workforce more diverse in an effort to attract and keep top talent. But, how successful is their strategy? In a new study, released today by Personality and Social Psychology Bulletin,, researchers explore the complexities of diversity and what causes people to feel that a team or an organization is diverse. Key findings indicate that a particular team or organization can look quite different to people depending upon their backgrounds and racial identity.

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What Could Happen in a Trade War?

In his paper “Trade Wars and Trade Talk with Data,” Ralph Ossa, associate professor of economics, looks at tariffs that would be levied if there were no fear of retaliation; retaliatory tariffs in a worldwide trade war; and tariffs that are negotiated cooperatively.

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Short Sellers Not to Blame for 2008 Financial Crisis, Study Finds

Contrary to widespread media reports, the collapse of several financial firms during the 2008 economic crisis was not triggered by unsettled stock trades, according to new research from the University at Buffalo School of Management.

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Florida’s Consumer Confidence Hits New Post-Recession High

Consumer confidence among Floridians rose two points in July to 84, hitting another post-recession high for a second consecutive month, according to a new University of Florida survey.

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Wait, Wait ─ Don’t Tell Me the Good News Yet

New research from the University of Chicago Booth School of Business finds that the positive reaction one would have when succeeding is lessened if it doesn't follow the expected course.

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Timing Everything with NFL Contracts

When renegotiating a contract in the NFL, timing is of the essence — the player can benefit financially the earlier in the offseason the contract is signed, while the team can benefit by waiting — and can mean a difference of hundreds of thousands of dollars, according to new research from the University of Chicago Booth School of Business.

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Mom Was Wrong: You Should Talk to Strangers

Epley and co-author Juliana Schroder found that participants in the experiments not only underestimated others’ interest in connecting, but also reported positive experiences by both being spoken to and to speaking with a stranger.

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Study Shows How, When Consumers Remember Brands in Celebrity Advertisements

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A marketing researcher at the University of Arkansas found that consumers are more likely to forget information within advertisements in the same magazine that show a celebrity endorsing a neutral product.

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Student Entrepreneur Develops Pet Pita to Handle Pet Dogs & Cats with Ease

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A desire to help pets and pet owners has inspired a Clarkson University student to develop the Pet Pita, a safe and inexpensive way to immobilize a pet cat or dog. Made of canvas and fleece, the Pet Pita allows pet owners to comfortably medicate, treat and handle their pets at home or on the go.

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