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Show Results For

  • All HBS Web  (997)
    • News  (408)
    • Research  (440)
    • Events  (6)
    • Multimedia  (41)
  • Faculty Publications  (161)
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  • 02 Jul 2010
  • What Do You Think?

Is Profit as a “Direct Goal” Overrated?

new book, Obliquity, by British economist John Kay. You might guess that Kay thinks profit as a "direct goal" is overrated, otherwise he wouldn't have much substance for a book on the subject. Kay argues that business problems... View Details
Keywords: by Jim Heskett
  • 07 Sep 2011
  • First Look

First Look: Sept. 7

Pérez Villaneuva, Mayra Espina Prieto, and Lorena Barberia. Cambridge: Harvard University Press, forthcoming. Abstract The Cuban economy has been transformed over the course of the last decade, and these changes are now likely to accelerate. In this edited volume,... View Details
Keywords: Sean Silverthorne
  • 23 Mar 2015
  • Research & Ideas

It’s Called ‘Price Coherence,’ and It’s Surprisingly Bad for Consumers

restaurant versus on Grubhub.com, or paying cash versus using a credit card. In many cases, consumers pay the same price for a given product or service, whether buying it directly from its source or through an intermediary. Economists... View Details
Keywords: by Carmen Nobel; Retail; Air Transportation; Food & Beverage; Entertainment & Recreation
  • 31 Aug 2009
  • Research & Ideas

Why Competition May Not Improve Credit Rating Agencies

how recent increases in competition among raters led to "friendlier," poorer-quality ratings. As Becker explains, "The related theory goes back to the early 1980s (especially to an influential paper by economists Benjamin... View Details
Keywords: by Martha Lagace; Financial Services
  • 01 Nov 2024
  • In Practice

Layoffs Surging in a Strong Economy? Advice for Navigating Uncertain Times

strikes dampened hiring, employers still created fewer jobs than economists expected, according to reports. Losing one's job can be a shock, raising questions like: “Should I start my own business?” and “What about my benefits?” For... View Details
Keywords: by Rachel Layne; Technology; Information Technology
  • 19 May 2015
  • First Look

First Look: May 19

server or set of servers to store transactions and also avoiding any single party that can ban certain participants or certain types of transactions. Bitcoin is of interest to economists in part for its potential to disrupt existing... View Details
Keywords: Sean Silverthorne
  • 21 Jan 2013
  • Research & Ideas

Altruistic Capital: Harnessing Your Employees’ Intrinsic Goodwill

Measuring Social Impact Historically, economists and firms alike have banked on the theory that workers are motivated by earning financial incentives and boosting revenues. And in designing development projects for developing countries,... View Details
Keywords: by Carmen Nobel
  • 08 Mar 2016
  • First Look

March 8, 2016

Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=50690 2016 Handbook of Media Economics User-Generated Content and Social Media By: Luca, Michael Abstract—This paper documents what economists have learned about... View Details
Keywords: Sean Silverthorne
  • 28 Jul 2014
  • Research & Ideas

Eyes Shut: The Consequences of Not Noticing

Editor's note: Behavioral economist Max H. Bazerman decided to pursue the subject of noticing after realizing that he wasn't very good at it himself. "The truth is that I was truly terrible at noticing," says Bazerman, the Jesse... View Details
Keywords: by Max H. Bazerman; Retail
  • 07 Feb 2012
  • First Look

First Look: February 7

year. Using Internet Data for Economic Research Author:Benjamin G. Edelman Publication:Journal of Economic Perspectives (forthcoming) Abstract The data used by economists can be broadly divided into two categories. First, structured... View Details
Keywords: Sean Silverthorne
  • 04 May 2020
  • Research & Ideas

Predictions, Prophets, and Restarting Your Business

cycles The crisis demonstrates, painfully, the importance of cash. In his famous essay "The Yield from Money Held,” the economist William Hutt described cash in your pocket or on the balance sheet as “a fire engine when there are no... View Details
Keywords: by Frank V. Cespedes
  • 31 Aug 2016
  • Research & Ideas

One Quarter of Entrepreneurs in the United States Are Immigrants

Entrepreneurship,” written with his wife Sari Pekkala Kerr, a labor economist at Wellesley College. The paper uses a unique new database to track immigrants’ entrepreneurial activity over the past few decades, revealing, for example, what... View Details
Keywords: by Michael Blanding
  • 30 Apr 2019
  • First Look

New Research and Ideas, April 30, 2019

prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today’s most insightful economists reveal... View Details
Keywords: Dina Gerdeman
  • 04 Oct 2016
  • First Look

October 4, 2016

Abstract—I propose and formalize an argument for why economists working in the welfarist normative tradition should include nonwelfarist principles in how they judge economic policy. The key idea behind this argument is that the world is... View Details
  • 16 Dec 2011
  • Research & Ideas

Reintroducing Intellectual Ambition to the Study of Business History

important and contentious subjects where intellectual breakthroughs are possible. 1. Entrepreneurship. Entrepreneurship is an area in which business historians have made important contributions, but in which most of the recent conceptual work has been done by View Details
Keywords: by Geoffrey Jones & Walter Friedman
  • 06 Feb 2006
  • Research & Ideas

The Trouble Behind Livedoor

into market manipulation, especially in Japan? Robin Greenwood: Generally speaking, market manipulation comes in two forms: manipulating investor expectations, or manipulating investors' ability to trade. Financial economists know a lot... View Details
Keywords: by Sean Silverthorne; Financial Services; Technology
  • 12 Aug 2002
  • Op-Ed

Using Big Business to Fight Poverty

of Soviet times were abandoned—and with them the schools, hospitals, and infrastructure that had been built and sustained by large Soviet subsidies. Western economists urged the Kazakh government to break up the collectives into privately... View Details
Keywords: by George C. Lodge
  • 05 May 2015
  • First Look

First Look: May 5

rendered in two recent articles authored by Google Chief Economist Hal Varian. Varian asserts four uses that follow from computer-mediated transactions: "data extraction and analysis," "new contractual forms due to better... View Details
Keywords: Carmen Nobel
  • 12 Mar 2014
  • Research & Ideas

Entrepreneurship and Multinationals Drive Globalization

firms in the United States to sell equipment enabling the Chinese government to censor the Web and identify political opponents. As the economist William Baumol has argued, entrepreneurship can be productive, unproductive, or destructive,... View Details
Keywords: by Sean Silverthorne; Beauty & Cosmetics; Manufacturing; Consumer Products; Pharmaceutical
  • 21 Nov 2006
  • First Look

First Look: November 21, 2006

equilibrium, belief in the "American dream" is commonplace, workers exert effort, there are high powered contracts (and income is unequally distributed) and punishments are harsh. Economists who believe that deterrence (rather... View Details
Keywords: Sean Silverthorne
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