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  • 2015
  • Working Paper

Risk Preferences and Misconduct: Evidence from Politicians

By: Dylan Minor
When seeking new leaders, business and government organizations alike often need individuals that are less risk averse, or even risk-seeking, in order to improve performance. However, individuals amenable to increased risk-taking may be more likely to engage in... View Details
Keywords: Risk Management; Behavior; Ethics; Government and Politics; United States
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  • 20 Feb 2008
  • First Look

First Look: February 20, 2008

predicted by theory and international experience, interest in prize-linked savings is greatest among people who do not have regular saving habits, who have little actual savings, who play lotteries extensively, and who are optimistic... View Details
Keywords: Martha Lagace
  • March 24, 2020
  • Article

Delayed Negative Effects of Prosocial Spending on Happiness

By: Armin Falk and Thomas Graeber
Does prosocial behavior promote happiness? We test this longstanding hypothesis in a behavioral experiment that extends the scope of previous research. In our Saving a Life paradigm, every participant either saved one human life in expectation by triggering a targeted... View Details
Keywords: Prosocial Behavior; Altruism; Happiness; Well-being; Spending; Behavior
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  • 2011
  • Chapter

Prospective Codes Fufilled: A Potential Neural Mechanism of Will

By: Thalia Wheatley and Christine E. Looser
One of my few shortcomings is that I can’t predict the future.
Lars Ulrich, Metallica.

Lars Ulrich was right and wrong. He was right in the way we most often think about the future—as a long stretch of time during which multiply... View Details
Keywords: Free Will; Neuroscience; Responsibility; Prospection; Forecasting and Prediction; Science; Cognition and Thinking
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  • 2014
  • Article

Models of Caring, or Acting as if One Cared, About the Welfare of Others

By: Julio J. Rotemberg
This paper surveys the theoretical literature in which people are modeled as taking other people's payoffs into account either because this affects their utility directly or because they wish to impress others with their social-mindedness. Key experimental results that... View Details
Keywords: Motivation and Incentives; Behavior; Philanthropy and Charitable Giving
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  • 30 May 2013
  • Working Paper Summaries

Non-Standard Matches and Charitable Giving

Keywords: by Michael Sanders, Sarah Smith & Michael I. Norton
  • Web

Students on the Job Market - Doctoral

was New Zealand's main work visa between 2008 and 2022. Essential Skills migrants could only work for firms which could not find New Zealanders. Loosening restrictions for a single individual has no impact on their wages: migrants who win an unrestricted resident visa... View Details
  • 16 May 2023
  • HBS Case

How KKR Got More by Giving Ownership to the Factory Floor: ‘My Kids Are Going to College!’

employees a riskier lottery ticket,” says Rouen. When KKR bought CHI Overhead Doors in 2015, the company saw potential to test a new employee engagement idea because the company’s made-to-order approach could become much more productive,... View Details
Keywords: by Avery Forman
  • 21 Jun 2018
  • Blog Post

Living in a Dorm at HBS

partner/spouse who will be living with you? If yes – consider an apartment, if no consider a dorm. ·   Do you want to work in Boston over the summer/full time? If yes – consider an apartment, if no consider a dorm. ·   If you are able to live in a dorm or apartment,... View Details
  • 11 Apr 2024
  • In Practice

Why Progress on Immigration Might Soften Labor Pains

a job identified for the migrant, and they are approaching the immigration system in a strategic manner. Often, the main constraint is gaining access to the scarce visa supply—there are so many applications for H-1B visas that a lottery... View Details
Keywords: by Rachel Layne
  • 21 Apr 2023
  • Research & Ideas

The $15 Billion Question: Have Loot Boxes Turned Video Gaming into Gambling?

Players have long been able to buy virtual items with real money in video games, such as special weapons and features. But Nintendo raised the ire of parents and regulators in 2018 when it added so-called loot boxes—a virtual lottery for... View Details
Keywords: by Scott Van Voorhis; Video Game; Media & Broadcasting
  • 02 Nov 2016
  • Blog Post

The Benefits of a Residential Campus

next time I was in class. You get to store five boxes over the summer for free. The second fear I had about living on campus is the lottery system. Frankly, I did not pay enough attention to the rules of the View Details
  • Web

Healthy Outcomes - Managing the Future of Work

Bloomberg Opinion H-1B lottery change would help Google, Facebook, Apple and hurt outsourcers Ethan Baron 24 Oct 2018 | The Mercury News Why Global Talent Clusters Around Cities Richard Florida 18 Oct 2018 | CityLab What Will Trump Do... View Details
  • 01 Mar 2024
  • News

In Harmony

in the world who have capital, I explained, and there are people who need capital. Investment bankers put them together. And, I mentioned, we get paid handsomely for it. I showed him the offer letter from Phipps & Co., presenting it like a winning View Details
Keywords: Julia Hanna; photographs by Jun Michael Park; private equity; fiction; financial crisis; leadership; Korea
  • 13 Aug 2020
  • Blog Post

The U.S. Job Search for International Students

students to get work visas at larger companies? The most common, and sought after, long-term skilled visa category in the U.S. is the H-1B Temporary Specialty Worker classification. H-1B visas do require sponsorship from the employer and are granted through an annual... View Details
  • Profile

Ted Obi

necessary to achieve my goals as my interests evolve over my time here. Being part of the HBS community is like Winning the lottery but feeling an immense sense of humility and responsibility. Humility from being surrounded with equally... View Details
  • Research Summary

Experience and description-based decision making.

Prof. Barron and his co-authors study the effect of the economic environment on decision making. One example involves the effect of rare (low probability) events. People behave as if they overweight these events in some settings (e.g., when buying insurance and... View Details
  • 01 Jun 2024
  • News

Alumni Achievement Awards 2024

experiences, from the Illinois Lottery to Peoples Energy to the White House, has been reimagining a mature product or experience and making it fresh for the next generation.” More than mascara: “Our company has two brands: Black Opal and... View Details
  • Research Summary

Self-environment relationship and its effect on decisions under risk and uncertainty

My research seek to better understand the main cognitive and social abilities that guide our judgments, and the ways they interact with aspects of the situation to shape humans' decisions. It is currently comprised of three related... View Details

  • Web

The Gift of Global Talent

Gas Restoration William R. Kerr 29 Oct 2018 | Bloomberg Radio Global talent fosters innovation and collaborative patents Sari Pekkala Kerr & William Kerr 28 Oct 2018 | LSE Business Review America’s Need for Skilled Immigrants Isn’t Going Away Noah Smith 24 Oct 2018 |... View Details