If you end up needing to go to the hospital, often times you're hoping to get a bed without having to wait hours, but a new study shows you may want to wait a little longer, so that you are placed in the best ward for your needs. New research in the upcoming INFORMS journal Management Science shows that among patients admitted to the hospital, 19.6% are placed in beds in a ward outside the area of care they require.
Budget cuts at the Internal Revenue Service threaten the agency's effectiveness and have led to billions of dollars in lost tax revenue, new research from the Indiana University Kelley School of Business shows.
A low-cost intervention aimed at fostering a growth mindset in students gave the students more confidence in their entrepreneurship abilities and helped them persist when challenges arose.
According to new research released today in the Proceedings of the National Academy of Sciences, race influences the investment judgments of asset allocators. Experts believe this may contribute to the stark racial disparities in the world of institutional investing.
Generally speaking, most people find the idea of workers being replaced by robots or software worse than if the jobs are taken over by other workers. But when their own jobs are at stake, people would rather prefer to be replaced by robots than by another employee. That is the conclusion of a study by the Technical University of Munich (TUM) and Erasmus University in Rotterdam.
More than a trillion dollars was spent on healthcare in the United States in 2018, with Medicare and Medicaid accounting for some 37% of those expenditures. With healthcare costs expected to continue to rise by roughly 5% per year, a continued debate in healthcare policy is how to reduce costs without compromising quality.
People who cheat on their spouses are significantly more likely to engage in misconduct in the workplace, according to a study from the McCombs School of Business at The University of Texas at Austin published today in the Proceedings of the National Academy of Sciences of the United States of America.
We've all been there...you're out to eat and in need of a refill or the check and the wait staff is nowhere to be found. It slows down business, reduces customer satisfaction and hurts the bottom line. New research in the upcoming INFORMS journal Management Science shows to counter this, restaurants should introduce tabletop technology as a demonstrated way to improve service and satisfaction.
Banks face financial risks and uncertainty when deciding when to chase consumers who default on their credit card payments and when to let them go. A new study from the McCombs School of Business at The University of Texas at Austin analyzes delinquent credit card user behaviors and develops a predictive model for sorting them into categories based on whether they are more or less likely to pay back their overdue debt.
The recent wave of recreational cannabis legalization across the US could generate $22 billion in sales per year, but not everyone is happy about it. New research in the INFORMS journal Marketing Science shows the alcohol industry could be impacted when the substance is legalized.