The Dread Factor

The Dread Factor

A psychological mechanism referred to as the “dread factor” helps explain the enhanced effectiveness of high-engagement training relative to low-engagement training when workers are being prepared to deal with particularly ominous hazards.

Perspective: The True Cost of the Moratorium

Perspective: The True Cost of the Moratorium

The Macondo Blowout, the world’s worst accidental marine oil spill, has been essentially under control since mid-July, when BP installed a mini BOP and transition spool on the well, but the disaster continues thanks to our federal government.

The failure of credit rating agencies in emerging debt markets

By David Lesmond, associate professor of business In the recent economic downturn, a downturn precipitated by an explosion of so-called toxic debt, one of the most striking discoveries was the inability of credit-rating agencies to properly assess credit risk, the...