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- January 2021
- Article
A Model of Relative Thinking
By: Benjamin Bushong, Matthew Rabin and Joshua Schwartzstein
Fixed differences loom smaller when compared to large differences. We propose a model of relative thinking where a person weighs a given change along a consumption dimension by less when it is compared to bigger changes along that dimension. In deterministic settings,... View Details
Bushong, Benjamin, Matthew Rabin, and Joshua Schwartzstein. "A Model of Relative Thinking." Review of Economic Studies 88, no. 1 (January 2021): 162–191.
- Research Summary
Relative Thinking and Consumer Choice
Fixed differences appear smaller when compared to large differences. Professor Schwartzstein has proposed a model of relative thinking, in which a person weighs a given change by less when he compares it to a larger range. Relative thinking implies that a person is... View Details
- 01 Dec 2023
- News
Thinking Ahead
As we wind down 2023, there’s talk everywhere of generative AI and how it will fundamentally alter the world as we know it; but how does that translate for your corner of the business world? Is TikTok something you need to take seriously? (Is it time to dance?) We... View Details
- 01 Jun 2022
- News
Blissful Thinking
National Happiness: Why Happiness Matters for America—and How We Can Get More of It. And while his next move was to run the American Enterprise Institute (AEI) think tank, he couldn’t shake the topic. It wasn’t just a professional... View Details
Keywords: Dan Morrell; illustration by Dan Winters
- 06 Jun 2008
- What Do You Think?
Why Don’t Managers Think Deeply?
of the responses to this month's question about why managers don't think deeply. The list of causes was much longer than the list of proposed responses. But in the process, some other questions were posed. Ben Kirk kicked off the list of... View Details
Keywords: by Jim Heskett
- Article
Deep Down My Enemy Is Good: Thinking about the True Self Reduces Intergroup Bias
By: Julian De Freitas and Mina Cikara
Intergroup bias—preference for one's in-group relative to out-groups—is one of the most robust phenomena in all of psychology. Here we investigate whether a positive bias that operates at the individual-level, belief in a good true self, may be leveraged to reduce... View Details
De Freitas, Julian, and Mina Cikara. "Deep Down My Enemy Is Good: Thinking about the True Self Reduces Intergroup Bias." Journal of Experimental Social Psychology 74 (January 2018): 307–316.
- 06 Nov 2006
- Research & Ideas
How South Africa Challenges Our Thinking on FDI
views of how foreign direct investment works. "I think a glimpse into private sector flows has shown that our conventional wisdom might not always align with the reality on the ground," he says. He chose to write on foreign... View Details
Keywords: by Martha Lagace
- Article
From Wealth to Well-Being? Money Matters, but Less than People Think
By: Lara B. Aknin, Michael I. Norton and Elizabeth W. Dunn
While numerous studies have documented the modest (though reliable) link between household income and well-being, we examined the accuracy of laypeople's intuitions about this relationship by asking people from across the income spectrum to report their own... View Details
Aknin, Lara B., Michael I. Norton, and Elizabeth W. Dunn. "From Wealth to Well-Being? Money Matters, but Less than People Think." Journal of Positive Psychology 4, no. 6 (2009): 523–527.
- 27 Apr 2020
- Research & Ideas
How Remote Work Changes What We Think About Onboarding
to address ever-changing challenges. "Companies struggle to onboard employees even when times are good and relatively predictable." The only way to fast track onboarding and enable those workers to reach peak performance as soon... View Details
Keywords: by Boris Groysberg
- 12 Jan 2004
- What Do You Think?
How Should We Think About the Exportation of Jobs?
U.S. and other highly-developed economies before them. And not all of them are relatively boring and low-paying. How should we think and feel about these trends? Much of the current commentary would lead us... View Details
Keywords: by James Heskett
- 08 Sep 2009
- Research & Ideas
The Height Tax, and Other New Ways to Think about Taxation
Harvard economist N. Gregory Mankiw, Weinzierl coauthored the HBS working paper "The Optimal Taxation of Height: A Case Study of Utilitarian Income Redistribution" [PDF]. The main framework economists use to think through tax... View Details
Keywords: by Martha Lagace
- 05 Jul 2006
- What Do You Think?
How Important Is “Executive Intelligence” for Leaders?
however, must precede executive instinct. That is to say, analytics should tell the story; experience should guide the results." John Pullen posited that "The most effective executives have a unique balance of good leadership skills (adaptable personality and... View Details
Keywords: by James Heskett
- 09 Feb 2017
- News
Corporations Clash With Donald Trump on LGBT, Immigration Issues
- 04 Oct 2010
- Research & Ideas
Introverts: The Best Leaders for Proactive Employees
relatively passive but the managers were extraverted. On the other hand, when employees were proactive, the stores led by introverted managers earned high profits. Meanwhile, profits were lower in stores where extraverted managers led... View Details
Keywords: by Carmen Nobel
- 08 Jul 2012
- News
Don't Indulge. Be Happy.
- 28 Jul 2010
- News
Sleazy Marketers Game Google's Sponsored Ads
- 23 Feb 2009
- Research & Ideas
Creative Entrepreneurship in a Downturn
Obama administration. Q: Elsewhere you have described three fundamental decisions facing any business: where to play, how to deliver, and how to win. Taking the first fundamental, how can an entrepreneur think creatively about making the... View Details
Keywords: by Martha Lagace
- 29 Jul 2002
- Research & Ideas
Time Pressure and Creativity: Why Time is Not on Your Side
need to keep creative thinking in their organizations even as time pressures increase. Silverthorne: What was the genesis of the project? What fascinated you about the question of time pressure and creativity? Amabile: Over the course of... View Details
- 04 May 2011
- Research & Ideas
Is Web Surfing Distracting Your Workers?
matter how much willpower we adults think we have, we are still susceptible to tempting distractions. Deliver Us From Temptation For Piovesan, the findings have clear implications for how employers should design their office environments.... View Details
Keywords: by Michael Blanding
- January 2024 (Revised February 2024)
- Case
TPG Rise Climate: Deploying 'Climate Capital'
By: Vikram S. Gandhi, David Allen, Sarah Mehta and Shannon Roche
This case is about TPG Rise Climate, a $7.3 billion climate impact fund launched in 2021 by alternative asset manager TPG. Climate investing is a complex, capital-intensive endeavor; entering it has forced TPG to think and act differently. Relative to other funds, Rise... View Details
Keywords: Energy; Environmental Management; Ownership; Science; Value; Asset Management; Investment Funds; Investment Portfolio; Financial Markets; Financial Services Industry; California; San Francisco; New York (city, NY)
Gandhi, Vikram S., David Allen, Sarah Mehta, and Shannon Roche. "TPG Rise Climate: Deploying 'Climate Capital'." Harvard Business School Case 824-077, January 2024. (Revised February 2024.)