A mathematical framework that builds on the economic theory of hidden-action models provides insight into how the unobservable nature of effort and risk shapes investigators' research strategies and the incentive structures within which they work, according to a new study.
Read more …Why do researchers often prefer safe over risky projects? Explaining risk aversion in science

A new study finds that the effects of long COVID have caused many Americans to miss extensive work time, and that 14% of study participants reported not returning to work in the months after their infection. The findings suggest that long COVID may have affected millions of Americans and generated steep economic costs, highlighting the need for policies to support those with the condition, researchers said.
Read more …Sick days: Assessing the economic costs of long COVID

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