Behavioral Economics - Publications - Faculty & Research

21 Sep 2009
Research & Ideas

Excessive Executive Pay: What’s the Solution?

In the search for culprits in the global financial meltdown, bloated executive pay and the excessive risk-taking behavior it fueled stand out as prime suspects. Of the two, pay dominates the headlines and provokes the most public and... View Details

Keywords: by Roger Thompson

28 Jan 2008
Research & Ideas

Billions of Entrepreneurs in China and India

was a big piece of that. Because India did not follow a similar extreme path it didn't need to embrace FDI quite as much. So that's a reasonable reason to expect low FDI levels. On the negative side, however, India, with its indigenous entrepreneurs, still engages in... View Details

Keywords: by Martha Lagace

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Impact Stories - Impact Stories

Impact Stories Impact Stories Play Recognizing Market Failure and Options to Address It Professor Leemore Dafny Play The Economics of Science: Turning Ideas into Applications Professor Kyle Myers Play Implementing Innovation: How to... View Details

08 Mar 2016
First Look

March 8, 2016

Consumer Neuroscience: Advances in Understanding Consumer Psychology By: Karmarkar, Uma R., and Carolyn Yoon Abstract—While the study of consumer behavior has been enriched by improved abilities to generate new insights, many of the... View Details

Keywords: Sean Silverthorne

12 Sep 2017
First Look

First Look at New Research and Ideas, September 12, 2017

for work, entertainment, and shopping. As hubs proliferate and expand their reach, the danger is that they will exacerbate economic inequality and threaten social stability. It is thus incumbent on all stakeholders—traditional companies,... View Details

Keywords: Carmen Nobel

28 Sep 2023
News

Screen Time

life after HBS, the burden of a Harvard MBA, the biggest mistakes they’ve made with their careers, and the lessons they’ve applied to their lives and work. “We’ve also had several guest speakers, including professor emeritus André Perold, who taught Managerial View Details

Keywords: Margie Kelley

25 Oct 2020
Research & Ideas

The Dark Side of Fintech Borrowing

debt.) That’s a far more extensive sample of consumer credit behavior than previous studies, which tend to focus on data from a single fintech lender like LendingClub and provide no bank comparison. The authors then tracked performance of... View Details

Keywords: by Rachel Layne; Financial Services; Banking

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Curriculum - Business & Environment

polycrisis) are often addressed as technical, political and economic problems. It seems unlikely that we will avert disaster unless or until the world is swept by a massive cultural shift and a social movement that insists on urgent... View Details

07 Jan 2019
Research & Ideas

The Better Way to Forecast the Future

different fields,” says Grushka-Cockayne, whose research is on data science, forecasting, project management, and behavioral decision-making. “Our work is focused on using crowds for prediction and for forecasting something that is... View Details

Keywords: by Roberta Holland; Air Transportation; Transportation

2020
Working Paper

Consumers Punish Firms That Cut Employee Pay in Response to COVID-19

By: Bhavya Mohan, Serena Hagerty and Michael Norton

Two experiments, including one incentive compatible study, examine the impact of cutting pay for executives versus employees in response to COVID-19 on consumer behavior. Study 1 explores the effect of announcing cuts or no cuts to CEO and employee pay, and shows that... View Details

Keywords: Employee Furloughs; CEO Pay Cuts; Pay Ratios; Purchase Intention; Health Pandemics; Employees; Wages; Executive Compensation; Consumer Behavior

Citation

SSRN

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24 Oct 2011
Research & Ideas

The Yelp Factor: Are Consumer Reviews Good for Business?

reviews. “Restaurants are a classic example in economics where the consumer has to make a decision based on very little information” Most would agree these sites do influence consumers' decisions. In the paper Reviews, Reputation, and... View Details

Keywords: by Michael Blanding; Food & Beverage

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Our Curriculum - Business History

Managerial Capitalism Taught by Tom Nicholas This second-year elective course explores the historical development of the most important economic actors and institutions—entrepreneurs, corporations, labor unions, and financial markets, as... View Details

02 Mar 2009
Research & Ideas

When Goal Setting Goes Bad

Maurice Schweitzer. Q: Are goals by themselves a problem, or is it the way we use them? A: When we can so easily predict the dysfunctional behavior that will ensue, I would argue that it is the goals themselves. Far too often, people want... View Details

Keywords: by Sean Silverthorne

29 Aug 2022
Op-Ed

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

understand and address inequality around the world. Jon M. Jachimowicz is an assistant professor in the Organizational Behavior Unit at Harvard Business School. Kristin Blesch is a doctoral student at the University of Bremen. Oliver P.... View Details

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

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Gender & Race in Organizations Research Group - Race, Gender & Equity

Johnson is a doctoral student in the Organizational Behavior program at Harvard Business School. She is broadly interested in studying identity, inequality, and well-being, particularly how intersectional identities shape workplace... View Details

30 Mar 2003
Research & Ideas

The Future of IT Consulting

not economical to maintain in a particular company. For example, computer security consulting requires a high level of expertise, which few firms can economically maintain in-house. By providing these kinds... View Details

Keywords: by Sarah Jane Johnston; Consulting

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Negotiation, Organizations & Markets Curriculum - Faculty & Research

Strategy, Negotiation & Humanity Deepak Malhotra , Kevin Mohan Fall 2025 Q1Q2 3.0 Doctoral Programs Faculty from the NOM unit work with students across several doctoral programs. Detailed curriculum information for each doctoral program associated with this unit can be... View Details

01 Sep 2023
News

Hands-on Learning About Global Markets

students, Gerardo Lietz notes that they didn’t fully comprehend how it has affected the economy and consumer behaviors until they were in country. “They were surprised by the extent to which the cultural and View Details

Keywords: Jennifer Gillespie

21 Jul 2010
Research & Ideas

HBS Faculty Debate Financial Reform Legislation

stubbornly high. To fight these forces, we need appropriate risk-taking and credit extension to fuel economic growth. This regulation creates safeguards, but it may in fact discourage and impede these activities. Regulators need to think... View Details

Keywords: by Staff

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Entrepreneurial Management Curriculum - Faculty & Research

unit can be found on the doctoral programs website: PhD in Business Economics PhD in Organizational Behavior PhD in Business Administration, Strategy PhD in Business Administration, Technology & Operations... View Details

Publications