Companies should partially hide information on how long the queue is if their products are highly popular and valuable, according to research by ESMT Berlin. By partially hiding this information, the researchers say they are likely to generate more customers in the queue. However, if a product is of low-demand and of low-value, the researchers suggest that companies should avoid partially hiding the queue length information, as it is likely to have the opposite desired effect and deter customers.
One week before the start of the 15th Conference of the Parties to the Convention of Biological Diversity (CBD COP15) in Montreal, an alliance of German science and non-governmental organizations calls for an end to economic activity against nature in its “Frankfurt Declaration,” which was published today. In their position paper, the organizations urge the German government and the European Union to ensure the success of the World Summit on Nature. At the same time, they offer concrete proposals for making a nature-friendly economy the standard. In doing so, they offer their expertise to solve the most urgent challenges facing humanity – the “twin crises” of biodiversity loss and climate change.