Publications

SSRN

14 Mar 2018
Blog Post

The 2+2 Program: Finding the Freedom to Take Risks

brilliant classmates, join clubs, and explore questions around business, capitalism (and how to reimagine it!), life, and everything in between. For anybody who is considering applying to the 2+2 Program, my... View Details

January 2023
Case

Cleave Therapeutics: Taking a Risk on Oncology Drug Discovery

By: Regina Herzlinger and Brian Walker

What should a successful executive (HBS Baker Scholar) assess as her next move as the CEO of a firm with a promising and yet uncertain new drug? Amy Burroughs’ mandate to successfully commercialize Cleave Therapeutics’ drug for a cancer with no current successful... View Details

Keywords: Product Development; Leadership; Health Testing and Trials; Research and Development; Risk and Uncertainty; Financial Condition; Partners and Partnerships; Pharmaceutical Industry

Educators

Purchase

16 Sep 2016
News

The Morning Risk Report: Better Performance Follows ESG Proposals

1999
Working Paper

Managing Money Risk in Antebellum New York: From Chartered Banking to Free Banking and Beyond

By: David A. Moss and Sarah Brennan

Randomized experiments have become the standard method for companies to evaluate the performance of new products or services. In addition to augmenting managers' decision-making, experimentation mitigates risk by limiting the proportion of customers exposed to... View Details

September 22, 2008
Article

How to Minimize the Risks of Hiring Outside Stars

By: Boris Groysberg, Lex Sant and Robin Abrahams

Keywords: Risk and Uncertainty; Selection and Staffing

1996
Working Paper

Government, Markets, and Uncertainty: An Historical Approach to Public Risk Management in the United States

By: David A. Moss

06 Jun 2025
Video

Inside the U.S. AI Safety Institute: What’s Next for AI Risk & Innovation?

October 2012
Article

The Preference for Potential

By: Zakary L. Tormala, Jayson Jia and Michael I. Norton

When people seek to impress others, they often do so by highlighting individual achievements. Despite the intuitive appeal of this strategy, we demonstrate that people often prefer potential rather than achievement when evaluating others. Indeed, compared with... View Details

Keywords: Preferences; Persuasion; Uncertainty; Risk and Uncertainty; Performance Expectations; Attitudes

April 2011 (Revised March 2021)
Case

BANEX and the No Pago Movement (A)

By: Shawn Cole and Baily Blair Kempner

This case examines Grassroots Capital's decision of whether or not to continue investing in a Bolivian microfinance bank that is suffering financial distress. View Details

Keywords: Base Of The Pyramid; Political Risk; Microfinance; Insolvency and Bankruptcy; Government and Politics; Investment; Risk Management; Financial Services Industry; Bolivia

Educators

Purchase

Article

Modeling dependencies between rating categories and their effects on prediction in a credit risk portfolio

February 2010
Other Article

The Chilling Effect of Sarbanes Oxley: A Discussion of Sarbanes-Oxley and Corporate Risk-Taking

By: Aiyesha Dey

Bargeron, Lehn, and Zutter [2009. Sarbanes–Oxley and corporate risk-taking. Journal of Accounting and Economics, forthcoming] document that as compared with non-US firms, risk-taking by publicly traded companies in the US declined after the passage of the... View Details

Keywords: Risk; Corporate Risk-taking; Risky Investments; Risk and Uncertainty

16 Sep 2014
News

Harvard Study Warns Business Community Of Economic Inequality Risks

2023
Working Paper

Design-Based Confidence Sequences: A General Approach to Risk Mitigation in Online Experimentation

By: Dae Woong Ham, Michael Lindon, Martin Tingley and Iavor Bojinov

Randomized experiments have become the standard method for companies to evaluate the performance of new products or services. In addition to augmenting managers’ decision-making, experimentation mitigates risk by limiting the proportion of customers exposed to... View Details

Keywords: Performance Evaluation; Research and Development; Analytics and Data Science; Consumer Behavior

SSRN

October 2022
Article

When Does Moral Engagement Risk Triggering a Hypocrite Penalty?

By: Jillian J. Jordan and Roseanna Sommers

Society suffers when people stay silent on moral issues. Yet people who engage morally may appear hypocritical if they behave imperfectly themselves. Research reveals that hypocrites can—but do not always—trigger a “hypocrisy penalty,” whereby they are evaluated... View Details

Keywords: Hypocrite; Dishonesty; Social Issues; Moral Sensibility; Public Opinion; Perception

1987
Chapter

Pension Plan Integration as Insurance against Social Security Risk

By: Robert C. Merton, Zvi Bodie and Alan J. Marcus

Keywords: Compensation and Benefits; Integration