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Peer pressure likely fuelled GameStop saga: study

Peer pressure likely fuelled GameStop saga: study Save Share An Australian academic study has concluded that young adults take more risks when being observed by peers, helping to explain the “social trading” phenomenon taking global financial markets by storm. Behavioural economists at the University of Sydney published evidence that people aged 18 to 24 make more “welfare-decreasing decisions” when in the presence of people their own age. The study asked 62 Generation Z individuals, mostly Sydney University students and equally split by gender, 120 questions involving a choice between a fixed amount of money and a lottery that offered either a smaller or larger amount, with a 50 per cent probability of each.

Examining COVID-19 travel restrictions in developing countries

At the outset of the Covid-19 pandemic, the developing world took many of the same policy steps as developed nations to contain the spread, including lockdowns. This column uses evidence from India, where the government implemented one of the most stringent lockdowns, to show that domestic travel bans may actually have increased Covid-19 cases in developing countries with

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