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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).
More than just a job: Job guarantee pilot study proves to be a resounding success
Long-term unemployment makes people feel lonely and hopeless. So what can we do to eliminate this problem? A researcher from WU (Vienna University of Economics and Business) has tested an innovative approach: a job guarantee for everyone. The results of an initial pilot project are promising.
Always follow your nose: The influence of active smelling on purchase decisions
Does our sense of smell influence our buying behavior? Yes – at least for people with a high “need for smell.” A study carried out at WU (Vienna University of Economics and Business) has shed more light on the role the nose plays when shopping.
Industry 5.0: A co-worker called AI
Artificial intelligence could help make manufacturing work safer, easier, and more productive. This is the idea behind the EU-funded PERKS research project, in which researchers from WU (Vienna University of Economics and Business) play a pivotal role.
Mapping the business world: Is it possible to make a map of the global supply chain network?
Thanks to digitalization, we now have the tools to analyze the global economy more accurately than ever before – with a map of global supply chain networks. This is exactly what WU’s Anton Pichler is working on together with other scientists from various disciplines.
Shrinking the economy to protect the environment: The search for a Degrowth theory of money
Countries can fund important environmental and social programmes while also reducing overall economic activity if they follow certain steps, new research from WU Vienna has revealed.
Voter overconfidence makes the effects of fake news worse, WU research finds
Overconfidence among voters makes the negative effects of fake news even worse, new research by economist Melis Kartal from WU Vienna has found.
How the retail industry can reduce food waste
Globally, 1.3 billion tons of edible food per year is wasted in retail and consumption. This equals around 35 % of food produced along the entire supply chain, from production to consumers. WU researcher Gerald Reiner (head of the Institute for Production Management) and his team are conducting research on food waste and what the retail industry can do to avoid it. In recognition of his research, Gerald Reiner has been named Researcher of the Month January.
Gender Data Gap: Why women still find themselves disadvantaged
While the Gender Pay Gap describes gender inequality on the job market, the term Gender Data Gap refers to inequalities in social development as a whole: Most socio-organizational decisions are based on data concerning men, i.e. male bodies, male preferences and prototypical male life choices. In a recent study, WU researcher Sonja Sperber (Institute for Strategy, Technology and Organization) and her colleagues look into the negative effects of the Gender Data Gap and how to overcome it.
Group Behavior: How People Make Decisions
Exclusion is omnipresent in social interactions. So is the fact that we prefer to surround ourselves with like-minded people. In her new study, WU researcher Susann Fiedler from the Institute for Cognition and Behavior uncovers cognitive processes underlying our group behavior. For this purpose, she and her team use eye tracking technology, a tool known from newspaper research.