Experience Markets: An Application to Outsourcing and Hiring
Online labor platforms are like experience markets. Sellers vary in their fit with individual buyers’ needs while buyers new to the market are uncertain about their own value for what sellers offer....
View ArticleThe Impact of CEOs in the Public Sector: Evidence from the English NHS
To what extent do CEOs impact their organizations? This study by Raffaella Sadun and colleagues finds little consistent evidence of any CEO effect on the large set of production metrics examined in...
View ArticleTo Motivate Employees, Give an Unexpected Bonus (or Penalty)
Susanna Gallani finds that employees can be more motivated by the anticipation of a reward or punishment than the actual payoff.
View ArticleFirst Look at New Research, March 27, 2018
Do CEOs matter? ... The incumbent's advantage in capitalizing on technology opportunity ... How successful are Europe's nonfinancial disclosure requirements?
View ArticleSophisticated Investors May Be Harming Fintech Lending Platforms
A study by Boris Vallee and Yao Zeng says savvy investors on peer-to-peer lending platforms are upsetting a delicate balance that make those systems work for borrowers.
View ArticleGovernment Incentives and Financial Intermediaries: The Case of Chinese...
This study by Charles C.Y. Wang and colleagues is the first to examine analysts’ incentives vis-à-vis the government in a context where government has the ability and motives to influence capital...
View ArticleWhat Should Mark Zuckerberg Do?
Facebook is in crisis. Its business model is based on sharing customer data with partners, but many of those customers are in revolt over privacy concerns. James Heskett asks: What would you do if you...
View ArticleExpected Stock Returns Worldwide: A Log-Linear Present-Value Approach
This study by Charles C. Y. Wang evaluates the main paradigms for deriving firm-level expected return proxies and proposes a new framework for estimating them.
View ArticleIs 'Gut Feel' a Good Reason to Invest in a Startup?
Most investments in startups should never be made, at least when using by-the-numbers reasoning. But funded they are. Laura Huang believes investors use gut instinct to manage risk.
View ArticleNew Research and Ideas, April 3, 2018
Why don’t more people spend on time-saving? ... Fixing compensation at nonprofits ... Surfacing the deep state.
View ArticleSmart Cities are Complicated and Costly: Here's How to Build Them
When governments take on a smary city project, it's often the private sector that's left to execute the vision--sometimes at the expense of good public policy. John Macomber proposes a roadmap that...
View ArticleOp-Ed: Why Private Investors Must Fund 'New Nuclear' Power Right Now
Joseph Lassiter has high hopes for “new nuclear” technology, which he believes can meet the world’s urgent demand for power. But its success requires big, immediate investments from the private sector.
View ArticleThe Dark Side of Performance Bonuses
To motivate workers, employers often turn to incentives such as money or recognition. What's become clear is that these programs can also result in unintended consequences—like a financial crisis.
View ArticleFirst Look at New Research, April 10, 2018
Religious shoppers spend less ... Innovating with corn flakes ... What online and offline stores can learn from each other.
View ArticleSexual Harassment: What Employers Should Do Now
Organizations are realizing they are not doing enough to stop the inappropriate behavior that can lead to an awkward office environment, lawsuits, and reputation damage.
View ArticleOp-Ed: The Trouble with Tariffs
The world's economies are interconnected by globalization, which makes threats of tariff wars doubly dangerous, says Willy Shih.
View ArticleCan Consumers Be Saved From Their Misguided Decisions?
Even with a world of information at our fingertips, consumers routinely make bad decisions on everything from investments to health coverage. Can science help? Research by Joshua Schwartzstein and...
View ArticleDigital Innovation with High Costs of Entry: Evidence from Software-Driven...
Although technology shifts often allow new entrants to edge into a market, established firms seem to be maintaining leadership in the medical devices industry, where software integration is...
View ArticleFirst Look at New Research and Ideas, April 18, 2018
In America, immigrants do get the job done ... Conservative financiers more likely to leave their jobs over political ideology ... Warning! Why these label warnings don't work.
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