Social Preferences - Publications - Faculty & Research

09 Feb 2015
Research & Ideas

Professional Networking Makes People Feel Dirty

to nurture a friendship via Facebook. Consequently, participants fell into one of four conditions: professional/low-power, professional/high-power, personal/low-power, or personal/high-power. After the online networking activity, everyone completed the aforementioned... View Details

Keywords: by Carmen Nobel

11 Apr 2012
Research & Ideas

The High Risks of Short-Term Management

investor base. For example, adoption of integrated reporting could be a step in this direction. Integrated reporting provides a holistic picture of the business describing the economic, environmental, and social performance of the... View Details

Keywords: by Sean Silverthorne; Financial Services

30 Nov 2015
Research & Ideas

Donors Are Turned Off by Overhead Costs. Here’s What Charities Can Do

Many of us would prefer to see our philanthropic donations go directly to an organization’s core mission, rather than to administrative expenses. If we give money to Save the Children, for instance, we hope the cash goes directly to those... View Details

Keywords: by Carmen Nobel

13 Jan 2009
First Look

First Look: January 13, 2009

most productive sites prefer to pay CPC, while advertisers with lower quality sites prefer to pay CPA—a result that may be viewed as counterintuitive since low quality sites cannot proudly tout their... View Details

Keywords: Martha Lagace

03 Jan 2017
First Look

January 3, 2017

disclosure of fundamentals and trading transparency. This is socially inefficient if a large fraction of market participants are speculators, and hedgers have low processing costs. But in these circumstances, forbidding hedgers’ access to... View Details

Keywords: Carmen Nobel

07 May 2014
What Do You Think?

How Should Wealth Be Redistributed?

halted by external mechanisms, the situation is not self-correcting. His preferred form of intervention is a global tax on real wealth (minus debt). No fan of big government, he suggests that a mechanism be devised to effect a... View Details

Keywords: by James Heskett

18 Oct 2022
Research & Ideas

When Bias Creeps into AI, Managers Can Stop It by Asking the Right Questions

Most companies rely on artificial intelligence-based algorithms to make a wide variety of business decisions—from pinpointing the products customers prefer to determining which resumes should go to hiring managers. The problem for... View Details

Keywords: by Rachel Layne

07 May 2020
Research & Ideas

The One Good Thing Caused by COVID-19: Innovation

The COVID-19 pandemic has profoundly influenced the lives of most people on the planet. It has changed daily activities; something as simple as a walk in the park is perceived very differently now. The same is true for businesses. Many businesses have shut down or... View Details

Keywords: by Hong Luo and Alberto Galasso

27 Jul 2010
First Look

First Look: July 27

generations to come. Publisher's Link: http://press.princeton.edu/titles/9261.html The Impact of Corporate Social Responsibility on Investment Recommendations Authors:Ioannis Ioannou and George Serafeim Publication:Best Paper Proceedings... View Details

Keywords: Martha Lagace

18 Oct 2011
First Look

First Look: October 18

the operating decisions of the waste-to-energy firm. Our analyses suggest that if the social planner's objective is to maximize landfill diversion, offering a subsidy as a per kilowatt-hour for electricity is more cost effective, whereas... View Details

Keywords: Sean Silverthorne

04 Oct 2021
What Do You Think?

How Do We Make Sure the Right People End Up with Power in Organizations?

use of power is the objective, they ask, why is it that the wrong people often possess power? They point to several reasons. Power-seekers self-select. They appear to want the job more. They also impress us—“many of us are disposed to View Details

Keywords: by James Heskett

16 May 2023
In Practice

After Silicon Valley Bank's Flameout, What's Next for Entrepreneurs?

The collapse of Silicon Valley Bank (SVB) in March left the startup world reeling. The biggest lender to fail since the 2008 financial crisis, SVB had become the preferred funder of the startup, tech, and venture capital worlds. Its quick... View Details

Keywords: by Avery Forman; Technology; Financial Services

06 Dec 2022
Research & Ideas

Latest Isn’t Always Greatest: Why Product Updates Capture Consumers

the same thing: A significant percentage of customers preferred the revamped product, even if it was identical or worse than an unchanged counterpart. In one study, the researchers asked participants to sample two gummy candies, and they... View Details

Keywords: by Michael Blanding; Consumer Products; Retail

28 Apr 2015
First Look

First Look: April 28

theorized to be 1) normative or value-laden, 2) progressing in bursts of change over time, 3) socially constructed and culturally embedded, and 4) associated with logics that shape practices. We develop a framework, outlining the... View Details

Keywords: Sean Silverthorne

12 Nov 2001
Research & Ideas

The Three Components of Family Governance

of statement. The rare family in business may have a more elaborate family governance structure, with a separate meeting for family-owner-managers or a separate council for family shareholders or periodic meetings between shareholders, the board, and management. I... View Details

23 Mar 2023
Research & Ideas

As Climate Fears Mount, More Investors Turn to 'ESG' Funds Despite Few Rules

Investor interest in social responsibility has skyrocketed in the past three years, even as US regulations to hold companies accountable remain in flux and the environmental, social, and governance (ESG) label itself draws backlash. Investors are willing to pay a... View Details

Keywords: by Rachel Layne; Financial Services

04 Feb 2002
Research & Ideas

How To Do Business in Islamic Countries

an easier time abroad, they said. According to Hayes, the following principles of comportment are expected among businesspeople: Contracts should be fair to all parties. Partnership is preferred over hierarchical claims. Speculation is... View Details

Keywords: by Martha Lagace

22 Feb 2018
Book

The New History of American Capitalism

questions with the tools generated by the innovation of past decades, including the relationship between money and power, commerce and politics, exchange and social status. Its effort is to find new ways of exploring how institutions,... View Details

Keywords: Manufacturing

29 Aug 2022
Op-Ed

Income Inequality Is Rising. Are We Even Measuring It Correctly?

these two additional measurements, they may end up with trousers that fit them better. For retailers, the goal is to devise measures that capture the variability in people’s preferences well enough, while minimizing the number of... View Details

Keywords: by Jon M. Jachimowicz, Kristin Blesch, and Oliver P. Hauser

31 Jan 2018
Research & Ideas

American Idle: Workers Spend Too Much Time Waiting for Something to Do

much more time than they needed, they intentionally slowed their work to fill it, preferring the tedious task to the prospect of doing nothing. Their performance, however, did not improve, no matter how much time they took. They simply... View Details

Keywords: by Michael Blanding

Publications