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- 2019
- Working Paper
Judgment Aggregation in Creative Production: Evidence from the Movie Industry
By: Hong Luo, Jeffrey T. Macher and Michael Wahlen
This paper studies a novel, light-touch approach to aggregate judgment from a large number of industry experts on ideas that they encounter in their normal course of business. Our context is the movie industry, in which customer appeal is difficult to predict and...
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Keywords:
Judgment Aggregation;
Creativity;
Film Entertainment;
Judgments;
Motion Pictures and Video Industry
Luo, Hong, Jeffrey T. Macher, and Michael Wahlen. "Judgment Aggregation in Creative Production: Evidence from the Movie Industry." Harvard Business School Working Paper, No. 19-082, January 2019. (Revised September 2019.)
- October 2021
- Article
Judgment Aggregation in Creative Production: Evidence from the Movie Industry
By: Hong Luo, Jeffrey T. Macher and Michael Wahlen
We study a novel, low-cost approach to aggregating judgment from a large number of industry experts on ideas that they encounter in their normal course of business. Our context is the movie industry, in which customer appeal is difficult to predict and investment costs...
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Keywords:
Judgment Aggregation;
Quality Uncertainty;
Creative Industry;
Project Evaluation And Selection;
Creativity;
Film Entertainment;
Judgments;
Motion Pictures and Video Industry
Luo, Hong, Jeffrey T. Macher, and Michael Wahlen. "Judgment Aggregation in Creative Production: Evidence from the Movie Industry." Management Science 67, no. 10 (October 2021): 6358–6377.
- 27 Feb 2019
- Working Paper Summaries
Judgment Aggregation in Creative Production: Evidence from the Movie Industry
- 12 Feb 2019
- First Look
New Research and Ideas, February 12, 2019
immigrants. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=54963 Judgment Aggregation in Creative Production: Evidence from the Movie Industry By: Luo, Hong, Jeffrey T. Macher, and...
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Dina Gerdeman
- 16 Nov 2010
- First Look
First Look: November 16, 2010
Francesca Gino, Lisa L. Shu, and Chia-Jung Tsay Publication:Emotion Review (forthcoming) Abstract Moral problems often prompt emotional responses that invoke intuitive judgments of right and wrong. While emotions inform View Details
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Sean Silverthorne
- 01 Mar 2024
- News
In Harmony
consumer-facing businesses in China, Japan, and Korea. With nearly $30 billion in capital under management, the firm is raising its sixth flagship fund, targeting $8 billion; the firm’s average aggregate internal rate of return is 22...
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- 01 Sep 2023
- News
Research Brief: Making Way for Moonshots
Josh Krieger (Courtesy subject) Josh Krieger (Courtesy subject) Many innovations in modern medicine have come about due to cutting-edge drugs—advances that required both a scientific leap and a willingness to take risks. And while most pharmaceutical companies would...
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Jen McFarland Flint
- 21 Feb 2005
- Op-Ed
Is Business Management a Profession?
reason that the issue of trust arises is that these individuals are expected to exercise judgment—based on specialized knowledge and methods of analysis that they alone are thought to possess—in areas in which their decisions affect the well-being of others. When the...
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- 31 Oct 2004
- What Do You Think?
Should the Wisdom of Crowds Influence Our Thinking About Leadership?
effective, have to have three characteristics: diversity of points of view, independence from each other's opinions, and decentralization (with access to and the ability to draw on "local knowledge"). And they have to have some kind of mechanism for View Details
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by James Heskett
- 08 Nov 2011
- First Look
First Look: Nov. 8
Dynamics of Warmth and Competence Judgments, and Their Outcomes in Organizations Authors:Amy J.C. Cuddy, Peter Glick, and Anna Beninger Publication:Research in Organizational Behavior (forthcoming) Abstract Two traits-warmth and competence-govern social View Details
Keywords:
Sean Silverthorne
- 11 Mar 2008
- First Look
First Look: March 11, 2008
firm's balanced scorecard to provide useful information for detecting problems in its strategy. Download the paper: http://www.hbs.edu/research/pdf/08-081.pdf No Harm, No Foul: The Outcome Bias in Ethical Judgments Authors:Francesca Gino,...
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Martha Lagace
- 28 Jul 2016
- Op-Ed
Where is TripAdvisor for Doctors?
85 percent of consumers make a purchase after reading such online reviews. But in the world of doctors, nothing compares in assisting consumers to make decisions that are arguably more involved emotionally and with higher financial risk. Beyond checking public records...
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- 01 Nov 2010
- Research & Ideas
How IT Shapes Top-Down and Bottom-Up Decision Making
category," Sadun says. "The reality is that IT is a huge, heterogeneous set of technologies." Similarly, when examining issues such as organization and productivity, industry and academic studies historically tend to treat information and communication...
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by Carmen Nobel
- 12 Oct 1999
- Research & Ideas
Media Metamorphosis: Advertising in the Technology Age
rivals — including radio and television stations, magazine and newspaper publishers, billboard and direct marketing firms — that compete for bigger pieces of the advertising pie. That pie, however, which represents national advertisers' View Details
- 20 Dec 2011
- First Look
First Look: December 20
Nordgren, 2006), both modes of thinking have particular advantages: conscious thought can follow strict rules, whereas unconscious thought is better suited for integrating numerous decision attributes. Because most complex decisions require both adherence to precise...
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Carmen Nobel
- 01 Mar 2011
- News
The Rankings Game
surveys used by Bloomberg Businessweek and U.S. News are subject to bias by relying so heavily on judgments from recent graduates, deans, and administrators. Students understand the value of graduating from a top-ranked institution and...
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- 08 Jan 2008
- First Look
First Look: January 8, 2008
aggregate demand, the national accounts, and the balance of payments. We find that much aid is consumed, primarily in the form of imported non-capital goods. Some aid is invested and aid has a positive, though statistically imprecise,...
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Martha Lagace
- 19 Oct 2010
- First Look
First Look: October 19, 2010
http://hbr.org/product/handbook-of-leadership-theory-and-practice/an/12326-HBK-ENG Big Five Personality Factors, Hardiness, and Social Judgment as Predictors of Leader Performance Authors:Scott Snook, Paul T. Bartone, Jarie Eid, Bjorn...
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Sean Silverthorne
- 15 Jul 2008
- First Look
First Look: July 15, 2008
Theory of Corporate Debt Maturity Choice Authors:Robin Greenwood, Jeremy C. Stein, and Samuel Hanson Abstract We argue that time-series variation in the maturity of aggregate corporate debt issues arises because firms behave as macro...
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Martha Lagace
- 10 Apr 2012
- First Look
First Look: April 10
worthy and also less unethical, and these judgments led them to act more unethically themselves. These vicarious effects were moderated by whether the miscreant was identified with a photograph and by the type of behavior. Psychological...
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Keywords:
Carmen Nobel