Diversity Boosts Profits in Venture Capital Firms
VC firms that score high in diversity among their partners also tend to be more profitable, according to Paul Gompers.
View ArticleCorruption, Government Subsidies, and Innovation: Evidence from China
Governments subsidize a growing number of innovation efforts, many of which may face the challenge of corruption. Using Chinese data, this study finds corruption-related distortions in government...
View ArticleDeveloping Theory Using Machine Learning Methods
This paper by Prithwiraj Choudhury, Ryan Allen, and Michael G. Endres provides a step-by-step roadmap for using machine learning (ML) techniques to explore novel and robust patterns in data. It...
View ArticleKnowing What Your Boss Earns Can Make You Work Harder
Learning what your co-worker earns can make you less productive, but knowledge of your manager's paycheck can motivate you to work harder. Research by Zoe Cullen.
View ArticleTowards a New Approach for Upgrading Europe’s Competitiveness
Is the EU’s model of European integration a driver or a barrier towards higher European prosperity? This paper analyzes why the integration model that was successful in the past has lost effectiveness,...
View ArticleNew Research and Ideas, October 9, 2018
Is cash the best motivator for employees? ... The quest for personal data vs. consumer privacy ... The reinvention of a chocolate business.
View ArticleThe Legacy of Boaty McBoatface: Beware of Customers Who Vote
Companies that encourage consumers to vote online should be forewarned—they may expect more than you promise, according to research by Michael Norton, Leslie John, and colleagues.
View ArticleShaky Business: How Handshakes Win Negotiations
A handshake before a negotiation can have a surprisingly strong effect on the outcome, according to Michael Norton, Francesca Gino, and colleagues.
View ArticleShipping Fees and Product Assortment in Online Retail
Chaoqun Chen and Donald Ngwe highlight a strong link between an online retailer’s product assortment decisions and shipping policies in determining purchase outcomes and profits.
View ArticleNew Research and Ideas, October 16, 2018
Paddle board firm rides its next wave ... The highs and lows of exchange rates ... Open platforms transform the computer industry.
View ArticleQuantile Forecasts of Product Life Cycles Using Exponential Smoothing
Many important business decisions rely on a manager’s forecast of a product or service’s life cycle. One of the most widely used forecasting techniques is exponential smoothing models. This paper by...
View ArticleHow to Use Free Shipping as a Competitive Weapon
Free shipping is an increasingly important tool in the online retailer's marketing arsenal, but profit is lost when not done right, says Donald Ngwe.
View ArticleMotivate Me, Please
People are often coin-operated when it comes to work, but managers can bring out their best performance using motivators other than money.
View ArticleNew Research and Ideas, October 23, 2018
Who's more overconfident: men or women? ... How CEO activism affects consumer attitudes ... Real-time data can help you make that flight.
View ArticleOpportunistic Returns and Dynamic Pricing: Empirical Evidence from Online...
Dynamic pricing is widely applied in industries like airline ticketing, ride-sharing, and online retailing. This paper identifies two downsides of dynamic pricing: opportunistic returns and strategic...
View ArticleStartup or Established Company? Which Is Best for You?
What are the tradeoffs between going to a startup versus joining a mature company? Julia Austin, who has worked on both sides of the house, has some advice.
View ArticleHunting for a Hot Job in High Tech? Try 'Digitization Economist'
Amazon has more economists on staff than any university economics department, and technology firms are snapping them up the minute they graduate, says Michael Luca. Why? Call it the economics of...
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