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  • 01 Oct 2001
  • News

New Economy Notables: Scott D. Cook

also working on ways to help nonprofits. Currently reading Shakespeare's Romeo and Juliet and Nonzero, a book about applying game theory to the advancement of society. Hope for your kids That they grow up to... View Details
Keywords: Young, Susan; Computer Systems Design and Related Services; Professional Services
  • 18 Oct 2016
  • First Look

October 18, 2016

innovation from a game of chance to one in which they develop products and services that customers want to buy and are willing to purchase at a premium price. How do companies know how to grow? How can they create products that they are... View Details
Keywords: Sean Silverthorne
  • 25 Jul 2019
  • Blog Post

Advancing a More Sustainable World with an MBA/MPA-ID

commons where the equilibrium is not a stable one, and incentives to deviate are high for individual actors (profitability strikes again!). Consequently, a lot of the game theory we studied actually comes... View Details
  • 08 May 2012
  • First Look

First Look: May 8

product design important, or is manufacturing the key locus of learning? How does a supplier's initial resource endowment play into the dynamic? Our empirical analysis yields interesting findings that have implications for theory and... View Details
Keywords: Carmen Nobel
  • June–July 2013
  • Article

Firm Rivalry, Knowledge Accumulation, and MNE Location Choices

By: Juan Alcacer, Cristian Deszo and Minyuan Zhao
The international business (IB) literature has mostly emphasized the impact of location and firm characteristics on location choices. However, industries with a significant presence of multinational enterprises (MNEs) are oligopolistic in nature, which suggests that... View Details
Keywords: Geographic Location; Competition; Multinational Firms and Management; Knowledge Acquisition; Game Theory; Global Strategy
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  • Article

Reputation When Threats and Transfers Are Available

By: Ernesto Dal Bo, Pedro Dal Bo and Rafael Di Tella
We present a model where a long-run player is allowed to use both money transfers and threats to influence the decisions of a sequence of short-run players. We show that threats might be used credibly (even in arbitrarily short repeated games) by a long-lived player... View Details
Keywords: Crime and Corruption; Decision Choices and Conditions; Game Theory; Mathematical Methods; Interests; Power and Influence; Reputation
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  • 22 Mar 2010
  • Research & Ideas

One Strategy: Aligning Planning and Execution

general goes on the attack, only to find that none of his troops actually follow him. “It seems quite possible that Toyota's model may have ossified a bit.” The book provides a very pragmatic (and detailed) look at how to achieve strategic integrity. This is not a... View Details
Keywords: by Sean Silverthorne; Video Game; Video Game
  • 10 Dec 2012
  • Research & Ideas

Why We Blab Our Intimate Secrets on Facebook

arbitrary contextual factors." The research should prove useful to marketing firms, which often use online quizzes and games to garner detailed demographic information. But the findings also highlight a catch-22 situation for... View Details
Keywords: by Carmen Nobel
  • 10 Mar 2009
  • First Look

First Look: March 10, 2009

consistent with the theory that a lower cost of recruiting rebels is an important factor in starting conflict. On the other hand, geographic factors are not significantly associated with such onset, suggesting that they instead contribute... View Details
Keywords: Martha Lagace
  • 03 Oct 2017
  • First Look

First Look at Research and Ideas, October 3, 2017

study seeks to understand the effect of access to sex selection technologies such as ultrasound, and consequently skewed sex ratios, on the marriage market and intrahousehold outcomes of females in India. Existing economic theory and... View Details
Keywords: by Sean Silverthorne
  • November 2019
  • Supplement

Hapag-Lloyd AG: Complying with IMO 2020

By: Benjamin C. Esty, Mette Fuglsang Hjortshoej and Emer Moloney
A new environmental regulation known as IMO 2020 was creating what one industry analyst called “the biggest shakeup for the oil and shipping industries in decades.” According to the new regulation, all ocean-going ships would have to limit their sulfur emissions by... View Details
Keywords: Valuation; Ship Transportation; Strategic Planning; Game Theory; Pollutants; Supply Chain; Corporate Accountability; Capital Budgeting; Environmental Sustainability; Shipping Industry; Transportation Industry; Germany
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  • June 2011
  • Article

Truth in Giving: Experimental Evidence on the Welfare Effects of Informed Giving to the Poor

By: Christina Fong and Felix Oberholzer-Gee
It is often difficult for donors to predict the value of charitable giving because they know little about the persons who receive their help. This concern is particularly acute when making contributions to organizations that serve heterogeneous populations. While we... View Details
Keywords: Philanthropy and Charitable Giving; Policy; Information; Knowledge Acquisition; Game Theory; Prejudice and Bias; Poverty; Welfare
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  • 13 Jul 2015
  • Research & Ideas

‘Humblebragging’ is a Bad Strategy, Especially in a Job Interview

common tool in experimental economics, the dictator game has one player determining how to split an endowment between himself and another player.) The prediction bore out. In a series of experiments involving 154 participants, those... View Details
Keywords: by Carmen Nobel
  • Profile

Evan Rachlin

targets—companies, drugs, and licenses—while applying game theory to improve the way Pfizer makes decisions. Satisfying as it was, the job whetted Evan's appetite for a larger role. "I believe I can... View Details
  • 01 Mar 2023
  • News

The Latest Model

Unlike some consultancies, Prysm is industry-agnostic. Rather than working in siloed practice areas like transportation or financial services, Barrera and Hurder use their understanding of fundamental economic principles—and their technical expertise in disciplines... View Details
Keywords: Alexander Gelfand; blockchain; cryptocurrency; economic models; innovation; consulting; Management, Scientific, and Technical Consulting Services; Professional Services
  • 30 Apr 2019
  • First Look

New Research and Ideas, April 30, 2019

of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people—and... View Details
Keywords: Dina Gerdeman
  • 05 Aug 2014
  • First Look

First Look: August 5

demonstrate, through a reexamination of Cachon and Lariviere (2001), how the application of the Undefeated refinement can substantively extend the implications of extant signaling game theory in the... View Details
Keywords: Sean Silverthorne
  • 28 May 2019
  • News

Ask the Expert: In Security

that use approaches like game theory will be able to better predict an attack and determine what we can do to avoid them in the first place. But A.I. will only be as good as the people who develop it. Is... View Details
Keywords: Jen McFarland Flint; cybersecurity
  • 09 Aug 2011
  • First Look

First Look: August 9

Competition for Social Preferences in Simple Extensive Form Games: An Introduction Authors:Eyal Ert, Ido Erev, and Alvin E. Roth Publication:Special Issue on Predicting Behavior in Games. Games 2 (2011) Abstract Two independent, but... View Details
Keywords: Sean Silverthorne
  • 10 Oct 2007
  • First Look

First Look: First Look: October 10

Solutions to these challenges are the province of market design—a blend of game theory and experimental economics. Roth, a professor of both business and economics at Harvard, is a leading market designer.... View Details
Keywords: Martha Lagace