Publications

15 Nov 2020
News

Podcasts Engage New Audiences with HBS

among US millennials. Climate Change Challenges Facing the Real Estate Industry Arthur Segal and a Boston Properties EVP talk about the difficulty of financing development in coastal cities and the need to retrofit buildings to reduce... View Details

03 Dec 2008
What Do You Think?

Can Housing and Credit be “Nudged” Back to Health?

books, by Richard Thaler and Cass Sunstein, maintains that too much economic theory, formed by "Econs," is based on the behavior of homo economicus (economic man, someone with the knowledge and inclination to optimize solutions... View Details

Keywords: by Jim Heskett

17 Apr 2017
News

Jeff Immelt Wants a Radical Transformation of GE

plastics, appliances, NBC, much of its finance operation, and soon, it’s rumored, even the lighting division. The reason for this, according to Immelt, is what’s drawn him to Boston—the city’s leadership position in technology, medicine,... View Details

Keywords: Miscellaneous Manufacturing; Manufacturing

06 Dec 2011
First Look

First Look: Dec. 6

that escalate anxiety in high achievers and the unproductive behaviors you turn to for relief. Then adopt practices that give you the courage to "do the right things poorly" before "doing the right things well."... View Details

Keywords: Sean Silverthorne

Article

Institutional Portfolio Flows and International Investments

By: K. A. Froot and T. Ramadorai

Keywords: Loss Aversion; International Investment; Portfolio Investment; Asset Allocation; Decision Choices and Conditions; Currency; Investment; Risk Management; Behavioral Finance; Asset Pricing

2019
Working Paper

The Impact of Increasing Search Frictions on Online Shopping Behavior: Evidence from a Field Experiment

By: Donald Ngwe, Kris J. Ferreira and Thales Teixeira

Many online stores are designed such that shoppers can easily access any available discounted products. We propose that deliberately increasing search frictions by placing small obstacles to locating discounted items can improve online retailers’ margins and even... View Details

Keywords: E-commerce; Online Retailing; Friction; Effor; Search Costs; Price Discrimination; Consumer Behavior; Price; Search Technology

Fast Answer

Social Entrepreneurship & Systems Change

about the missions, programs, and finances of more than 1.7 million nonprofit organizations. Foundation Directory Online - information and funding history for 140,000+ foundations, corporations, and federal agencies. Yearbook of... View Details

01 Jun 2001
News

Platforms and Collaborations

point in the video, thereby creating a presentation to which students can log on and interact with together outside of class. Technological innovations offer the potential for online coursework — even now, new entrants in the MBA Program take online courses in... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

03 Apr 2012
News

Just Compensation

longer has a title is clearly a bad deal for shareholders.” Looking back to her HBS experience, Ferracone says, “I remember HBS professors as being second to none. I arrived at HBS with a marketing background and knew that I had to learn View Details

Keywords: executives; executive compensation; Management, Scientific, and Technical Consulting Services; Professional Services

Profile

Jeremy Lipstein

A high-school economics class sparked Jeremy Lipstein's growing interest in all things business-related. "I liked the way it explained the behaviors of individuals, firms, and governments," Jeremy says. At Colgate, he continued... View Details

01 Dec 2011
News

Reimagining the MBA

in, say, TOM or Finance 1. “FIELD can be considered successful only if it intensifies student engagement with the other required courses and thus enhances the impact of those courses in a tangible way,” says Moon. To provide space for... View Details

Keywords: Roger Thompson; FIELD program; Colleges, Universities, and Professional Schools; Educational Services

1990
Working Paper

Short Rates and Expected Asset Returns

By: K. A. Froot

Keywords: Risk Aversion; Risk; International Investing; Risk and Uncertainty; International Finance; Asset Pricing; Behavioral Finance

1987
Working Paper

Tests of Excess Forecast Volatility in the Foreign Exchange and Stock Markets

By: K. A. Froot

Simple regression tests that have power against the alternatives that asset prices and expected future asset returns are excessively volatile are developed and performed for the foreign exchange and stock markets. These tests have a number of advantages over... View Details

Keywords: Risk Aversion; Risk; International Investing; International Finance; Risk and Uncertainty; Asset Pricing; Financial Markets; Investment; Behavioral Finance; Volatility

November 23, 2022
Article

The Sinister Logic of Hidden Online Fees

By: Michael Luca

Keywords: Consumer Behavior; E-commerce; Price

Register to Read

May 2023
Article

Political Ideology and International Capital Allocation

By: Elisabeth Kempf, Mancy Luo, Larissa Schäfer and Margarita Tsoutsoura

Does investors' political ideology shape international capital allocation? We provide evidence from two settings—syndicated corporate loans and equity mutual funds—to show ideological alignment with foreign governments affects the cross-border capital allocation by... View Details

Keywords: Capital Flows; Syndicated Loans; Mutual Funds; Partisanship; Polarization; Elections; Political Ideology; Banks and Banking; Institutional Investing; Behavioral Finance; Decision Choices and Conditions

2023
Working Paper

How People Use Statistics

By: Pedro Bordalo, John J. Conlon, Nicola Gennaioli, Spencer Yongwook Kwon and Andrei Shleifer

We document two new facts about the distributions of answers in famous statistical problems: they are i) multi-modal and ii) unstable with respect to irrelevant changes in the problem. We offer a model in which, when solving a problem, people represent each hypothesis... View Details

Keywords: Decision Choices and Conditions; Microeconomics; Mathematical Methods; Behavioral Finance

Purchase

February 2022
Article

Borrowing to Save? The Impact of Automatic Enrollment on Debt

By: John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian and William L. Skimmyhorn

Does automatic enrollment into a retirement plan increase financial distress due to increased borrowing outside the plan? We study a natural experiment created when the U.S. Army began automatically enrolling newly hired civilian employees into the Thrift Savings Plan.... View Details

Keywords: Retirement Savings; Automatic Enrollment; Choice Architecture; Nudge; Financial Distress; Retirement; Saving; Borrowing and Debt; Behavior