Market Efficiency - Publications - Faculty & Research

06 Aug 2013
First Look

First Look: August 6

behavior are reduced (Study 5). Our results have important implications for models of ethical decision making, moral behavior, and self-regulatory theory. Publisher's link: http://www.francescagino.com August 2013 Journal of Finance The Real Product View Details

Keywords: Anna Secino

15 Oct 2008
First Look

First Look: October 15, 2008

Publication:Journal of Finance (forthcoming) Abstract Most previous research tests market efficiency using average abnormal trading profits on dynamic trading strategies and typically rejects the joint... View Details

Keywords: Martha Lagace

05 Aug 2008
First Look

First Look: August 5, 2008

and M. Utku Ünver Abstract Many markets have "unraveled" and experienced inefficient, early, dispersed transactions, and subsequently developed institutions to delay transaction timing. However, it has previously proved... View Details

Keywords: Martha Lagace

19 May 2008
Research & Ideas

Connecting School Ties and Stock Recommendations

Social networks matter for more than just efficient Internet communication. They're also crucial for the strong performance of stock recommendations by analysts, according to researchers at Harvard Business School and the University of... View Details

Keywords: by Martha Lagace; Financial Services

08 Jan 2001
Research & Ideas

Can Japan Compete? [Part Two]

market. Efficient companies should be the ones that maintain their capacity, and the inefficient ones should shrink or be sold. The same principle is involved in new industries. Instead of subsidizing new companies, government should... View Details

Keywords: by Martha Lagace & Hilah Geer

12 Mar 2019
First Look

New Research and Ideas, March 12, 2019

By: Buell, Ryan W. Abstract—Conventional wisdom holds that the more contact an operation has with its customers, the less efficiently it will run. But when customers are partitioned away from the operation, they are less likely to fully... View Details

Keywords: Dina Gerdeman

08 Aug 2011
Research & Ideas

The Death of the Global Manager

efficiency. If you're Ford or Toyota, for example, you have to compete in the world market to capture the minimum efficient scale." The second requirement, often in conflict with the first, is a... View Details

Keywords: by Julia Hanna

02 Oct 2000
Research & Ideas

Networked Incubators: Hothouses of the New Economy

forge a marketing deal with Canal Plus, the leading pay television company in France. These examples highlight two critical characteristics of networked incubators. First, networking is institutionalized, meaning that the incubator has... View Details

Keywords: by Morten T. Hansen, Henry W. Chesbrough, Nitin Nohria & Donald N. Sull

19 Nov 2012
Research & Ideas

LEED-ing by Example

In the debate over whether to increase or decrease the stringency of environmental regulations, the possibility that government agencies might use purchasing to stimulate market demand for "green" products and services is often... View Details

Keywords: by Carmen Nobel; Construction; Real Estate; Energy; Utilities

20 Dec 2018
Research & Ideas

Most Popular Stories and Research Papers of 2018

Over just a few months, the United States stock market plunged almost 20 percent—then in one day rebounded a record 1,000 points. 2018 seemed just that kind of year in business: restless, surging, full of surprises. Big-name retailers... View Details

Keywords: by Sean Silverthorne

17 Dec 2001
Research & Ideas

Enterprising Women

people," said Cynthia Fisher (HBS MBA '90). In 1993, using her own capital, Fisher founded ViaCord, a business that allows customers to bank cord blood stem cells for possible future use in the treatment of cancer and autoimmune diseases. Keeping that support team... View Details

Keywords: by Julia Hanna

08 May 2006
Research & Ideas

The Cost of Cutting in Line

Market for Time: Fairness and Efficiency in Waiting Lines." In the following e-mail Q&A, Oberholzer-Gee discusses the research and what it might mean for companies who might want to, in fact, create... View Details

Keywords: by Sean Silverthorne

20 Sep 2012
Research & Ideas

US Competitiveness at Risk

we still have strengths. For example, we used to have amazingly efficient logistics. Because we've been so committed to open competition, we tended to have efficient producers and distributors throughout the... View Details

Keywords: Re: Michael E. Porter & Jan W. Rivkin

19 May 2011
Research & Ideas

Empathy: The Brand Equity of Retail

Harvard Business School, professor Ananth Raman discussed the importance of empathy in customer-facing business. "As we're talking about things like retail efficiency and profitability, this is a topic that I think needs more attention,"... View Details

Keywords: by Carmen Nobel; Health

22 Jul 2002
Research & Ideas

How Business Strategy Tamed the “Invisible Hand”

outcomes. Instead, in most lines of business—with the exception of a few commodities in which international trade had developed—firms had an incentive to remain small and to employ as little fixed capital as possible. It was in this era that Adam Smith penned his... View Details

Keywords: by Pankaj Ghemawat

07 Aug 2012
First Look

First Look: August 7

Roundtable. These findings are consistent with the view that financial markets placed a positive value on shareholder access, as implemented in the SEC's 2010 Rule. The Size and Composition of Corporate Headquarters in Multinational... View Details

Keywords: Sean Silverthorne

08 Jul 2014
First Look

First Look: July 8

still contrary to merchants' interests), foregoing the efficiencies of specialization in favor of the better incentives of a company's staff. We consider the implications for marketing of online affiliate... View Details

Keywords: Carmen Nobel

17 Mar 2015
Research & Ideas

Where Did My Shopping Mall Go?

You want people to touch your product and actually get the brand experience. You could get to a point where stores like Best Buy become just showrooms and fulfillment is done by Amazon because they are much more efficient at it. I could... View Details

Keywords: by Sean Silverthorne; Retail

06 Mar 2018
First Look

First Look at Research and Ideas, March 6, 2018

versus Posted Prices in Online Markets By: Einav, Liran, Chiara Farronato, Jonathan Levin, and Neel Sundaresan Abstract—Auctions were very popular in the early days of internet commerce, but today online sellers mostly use posted prices.... View Details