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- Faculty Publications (6)
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- 1992
- Chapter
Cheap Talk about Monetary Policy
- 2018
- Working Paper
Cheap Talk vs. Costly Signals: Corporate Purpose and Employee Sorting
By: Hyunjin Kim and Daniel A. Brown
- March 1989
- Article
Cheap Talk and the Fed: A Theory of Imprecise Policy Announcements
Stein, Jeremy. "Cheap Talk and the Fed: A Theory of Imprecise Policy Announcements." American Economic Review 79, no. 1 (March 1989): 32–42.
- Article
Preference Signaling in Matching Markets
Many labor markets share three stylized facts: employers cannot give full attention to all candidates, candidates are ready to provide information about their preferences for particular employers, and employers value and are prepared to act on this information. In this... View Details
Keywords: Signaling; Matching; Cheap Talk; Congestion; Market Design; Marketplace Matching; Communication; Job Search
Coles, Peter A., Alexey Kushnir, and Muriel Niederle. "Preference Signaling in Matching Markets." American Economic Journal: Microeconomics 5, no. 2 (May 2013): 99–134.
- July 2007
- Article
A Two-Person Game of Information Transmission
By: Jerry R. Green and Nancy L. Stokey
We consider a statistical decision problem faced by a two player organization whose members may not
agree on outcome evaluations and prior probabilities. One player is specialized in gathering information
and transmitting it to the other, who takes the decision. This... View Details
Green, Jerry R., and Nancy L. Stokey. "A Two-Person Game of Information Transmission." Journal of Economic Theory 135, no. 1 (July 2007): 90–104.
- 30 Jun 2015
- First Look
First Look: June 30, 2015
underlying the ratings. Our tests examine whether these forms of disclosure reflect firms' real efforts to combat corruption or are cheap talk. We find that the ratings are related to enforcement and monitoring, country and industry... View Details
Keywords: Carmen Nobel
- 17 Aug 2020
- Research & Ideas
What the Stockdale Paradox Tells Us About Crisis Leadership
don't work out.” How does it apply? (or, Why there is no “normal” to come back to) Your state, industry, organization—or unconscious mind—may be pinning hopes on some other event or date after which some version of “rescue” will come: a vaccine, a cure, a reliable and... View Details
Keywords: by Boris Groysberg and Robin Abrahams
- 27 Jan 2020
- Research & Ideas
Hard Work Isn't Enough: How to Find Your Edge
the “basic goods” you have to offer that will enrich others It’s what cofounders Arch “Beaver” Aplin III and Don Wasek did when they opened their first Buc-ee’s gas station in Lake Worth, Texas, in 1982. They focused on the things they figured travelers needed most:... View Details
Keywords: by Dina Gerdeman
- 16 Jul 2020
- Research & Ideas
Restaurant Revolution: How the Industry Is Fighting to Stay Alive
things like fires, but no one could have planned for an entire industry being shut down for months at a time.” Paul Brown agreed. “It’s one thing to talk about a pandemic. It’s quite another to talk about... View Details
- 04 Jun 2020
- Book
It’s Not About You: Why Leaders Need to Look Outward
many more dimensions of difference now. It's health status, it's family status. When we talk about inclusion, it's not OK if I make you feel more included at the expense of someone else feeling excluded. That's a View Details
Keywords: by Kristen Senz
- 26 Mar 2024
- Blog Post
IFC India: Financing the Climate Transition in India
world's development on cheap fossil fuel, GEAPP highlights the challenges a need for innovative approaches in the absence of a playbook for developing without relying on inexpensive fuel sources. BEST Field Visit: Overview: BEST is a... View Details
- Web
the Art of American Advertising - Advertising Products
Chromolithographs—lithographs printed in multiple colors by means of a complex process of color separation that used one stone for each color—produced stunning, eye-catching advertisements in bold tones. “Even a cheap label has a depth... View Details
- 13 Apr 2009
- Research & Ideas
Kind of Blue: Pushing Boundaries with Miles Davis
something new; Davis pushed his musicians "to the edge," but he did it in a way that effectively managed the risks. This might be something we can learn from in business as well. This year is the 50th anniversary of the release of Kind of Blue. And it still... View Details
- 19 Oct 2021
- Research & Ideas
Fed Up Workers and Supply Woes: What's Next for Dollar Stores?
data. But higher costs for materials, manufacturing, shipping and trucking, and COVID safety measures, coupled with unprecedented competition for workers, are testing the endurance of retailers, especially those who rely heavily on cheap... View Details
- 22 Nov 2022
- News
Merlin Entertainments Taps Scott O’Neil as CEO
our opportunity there, more than anything else, is that we, the leaders—we have to be what we say we want to be. Talk is cheap and talk is easy, but from our perspective it's... View Details
- 29 Sep 2003
- Research & Ideas
Why Managing Innovation is Like Theater
doing is greater than the value of thinking about how to do. Cheap and rapid iteration allows us to substitute experience for planning. Rather than "Get it right the first time," our battle cry becomes "Make it great before... View Details
Keywords: by Rob Austin & Lee Devin
- 20 Jan 2017
- News
Bringing Power to the People
Xavier Barbaro (MBA 2006) is CEO of Neoen, a French firm that generates electricity from renewable sources, operating in multiple countries. In this interview, he talks about how the electricity the company produces is bringing power to... View Details
- 01 Dec 2002
- News
Alumni Honorees Urge Students to Emphasize Ethics
told me, ‘You have a community of people who work with you — it's your job to take care of them.' “When a company competes by using cheap labor, essentially they are saying, ‘I have an advantage because my people are poorer than yours,'”... View Details
- 07 Aug 2015
- Research & Ideas
Obama’s Clean Power Plan: Can Nuclear Power Beat the Global Threat of Coal?
evolution, he analogizes them to mainframes, minicomputers, and microprocessor-based systems, respectively. Lassiter talks about the promise of next-generation nuclear power, and introduces some of the key players in the field. "If you... View Details
- 01 Sep 2004
- News
Duncan M. ("Greg") Murray (MBA 1964)
widely accepted and utilized in much of the rest of the world, remain virtually unknown in North America. “I suspect it boils down to the following: Too cheap + too simple = minimal profit. Not my idea of responsible capitalism,” he says.... View Details