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  • 01 Dec 2003
  • Research & Ideas

Sometimes Success Begins at Failure

discovered these negative results, some firms might have thrown in the towel and moved on to other projects. But Pfizer's scientists picked up on—and decided to pursue—what they thought might be an interesting side effect. That side... View Details
Keywords: by Henry Chesbrough; Health; Pharmaceutical
  • 17 Mar 2009
  • First Look

First Look: March 17, 2009

risk-minimizing currency strategy for a global bond investor is close to a full currency hedge, with a modest long position in the U.S. dollar. There is little evidence that risk-minimizing investors should adjust their currency positions in response to movements in... View Details
Keywords: Martha Lagace
  • 03 Mar 2008
  • First Look

First Look: March 4, 2008

grant less credit, screen loans more intensively, and charge lower interest rate spreads. The cause is Mexico's weak contract rights environment. One would normally associate risk aversion with lower... View Details
Keywords: Martha Lagace
  • 30 Jan 2012
  • Research & Ideas

Measuring the Efficacy of the World’s Managers

organizational management practices all over the world. The project was borne of a widely perceived gap in economic research. In business academia, there is an optimistic tendency to assume that managers generally make decisions in the best View Details
Keywords: by Carmen Nobel
  • 12 Dec 2022
  • Research & Ideas

Buy-In from Black Patients Suffers When Drug Trials Don’t Include Them

Alaskan Native communities at the time. A key question that interested Alsan and the researchers at Stanford was whether the representativeness of the study mattered for actual prescribing and use of new medicines. The group consulted... View Details
Keywords: by Scott Van Voorhis; Pharmaceutical; Health
  • 25 May 2010
  • First Look

First Look: May 25

(revised) Authors:Itai Ashlagi, Benjamin G. Edelman, and Hoan Lee Abstract We model competing auctions for online advertising, with attention to the participation costs that limit advertisers' interest in using small ad platforms. When... View Details
Keywords: Martha Lagace
  • 04 Nov 2014
  • First Look

First Look: November 4

Institutional Voids, Globalization, and Microfinance Institutions By: Liang, Hao, Christopher Marquis, and Sunny Li Sun Abstract—We examine the heterogeneous effects of globalization on the interest rate... View Details
Keywords: Sean Silverthorne
  • 06 May 2008
  • First Look

First Look: May 6, 2008

DVDs in one order and return them in the reverse order when should DVDs (e.g., documentaries) are rented before want DVDs (e.g., action films). This effect is sizeable in magnitude, with a 2% increase in the probability of a reversal in preferences (from a baseline... View Details
Keywords: Martha Lagace
  • 03 Apr 2009
  • What Do You Think?

How Much Obsolescence Can Business and Society Absorb?

Chussil said, " the individual takes on a greater burden to think critically and decide wisely . When I feel myself drowning in data (or in fear of the lack of data), [I return to the question], What's the problem?" Will Harwood and Michael Norman posed what... View Details
Keywords: by Jim Heskett; Publishing; Journalism & News
  • 24 Jul 2000
  • Research & Ideas

Something Ventured, Something Gained: A European View of Venture Capital

couldn't get out. "Without access to stock exchanges at that time, we had to hold on to these enterprises for nine or ten years," Cohen recalled. The result was a drag on Apax's rate of return. To compensate for that, he said,... View Details
Keywords: by James E. Aisner; Financial Services
  • 03 Mar 2008
  • Research & Ideas

Marketing Your Way Through a Recession

Must-have features of yesterday are today's can-live-withouts. Trusted brands are especially valued and they can still launch new products successfully, but interest in new brands and new categories fades. Conspicuous consumption becomes... View Details
Keywords: by John Quelch
  • 04 Mar 2002
  • What Do You Think?

Why the Bull Market in Leadership Books?

show us a way of regaining what we have lost." Another reason for such insecurity, Reinhold Gerbsch proposes, is "the increasing rate of change in the marketplace." Citing an old Buddhist saying, "When the pupil is... View Details
Keywords: by James Heskett
  • 19 Nov 2012
  • Research & Ideas

LEED-ing by Example

buildings, a joint program of the Department of Energy and the Environmental Protection Agency; the National Association of Home Builders' NAHBGreen program; and the aforementioned LEED, a rating system that doles out points for each of... View Details
Keywords: by Carmen Nobel; Construction; Real Estate; Energy; Utilities
  • 15 Oct 2008
  • First Look

First Look: October 15, 2008

effectively within the newly merged entities. No PDF is available at this time. Reputation and Competition: Evidence from the Credit Rating Industry Authors:Bo Becker and Todd Milbourn Abstract Fair and accurate credit View Details
Keywords: Martha Lagace
  • 23 Mar 2010
  • First Look

First Look: March 23

evidence that borrowers, and particularly young borrowers, were less credit-constrained in markets where banks enjoyed more market power. Interest rates on consumer borrowing decreased more sharply with age... View Details
Keywords: Martha Lagace
  • 05 Jan 2010
  • First Look

First Look: January 5

(revenue maximizing) auction for sponsored search advertising. We show that a search engine's optimal reserve price is independent of the number of bidders and independent of the rate at which click-through View Details
Keywords: Martha Lagace
  • 10 Jan 2012
  • First Look

First Look: January 10

interest rate risk premium and a changing liquidity risk premium, and that the variability in the nominal bond risk premia reflects a changing inflation risk premium. We estimate significant time series... View Details
Keywords: Sean Silverthorne
  • 28 Oct 2008
  • First Look

First Look: October 28, 2008

(0.74%). Even after controlling for filers' demographic factors and self-revealed savings intent, the likelihood of tax-site savings was 5.5 percentage points higher at treatment sites as compared with control sites. In contrast to the take up of many financial... View Details
Keywords: Martha Lagace
  • 12 Feb 2013
  • First Look

First Look: Feb. 12

study the dynamics of multi-round position auctions, considering both the case of exogenous click-through rates and the case in which click-through rates are determined by an endogenous consumer search... View Details
Keywords: Sean Silverthorne
  • 08 Nov 2017
  • Research & Ideas

Handgun Waiting Periods Prevent Hundreds of Homicides Each Year

mass shootings lead to laws that actually loosen gun restrictions. Frustrated that the US firearm-related death rate hasn’t seen a meaningful reduction in more than a decade, the HBS team is hoping their latest research might point the... View Details
Keywords: by Dina Gerdeman
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