Default Effect - Publications - Faculty & Research

03 Oct 2011
Research & Ideas

Transforming Manufacturing Waste into Profit

It's been said that "one man's trash is another man's treasure." HBS Assistant Professor Deishin Lee, however, has taken that old adage a step further in her recent working paper Turning Waste into By-Product by showing how it's possible for companies to turn... View Details

Keywords: by Michael Blanding; Manufacturing

28 May 2020
Research & Ideas

Coronavirus Could Create a 'Bankruptcy Pandemic'

as quite possibly record numbers of businesses (and individuals) default on their debt, restructure, or go bankrupt. The number of US business bankruptcy filings in the first quarter of this year is already up substantially over prior... View Details

Keywords: by Dina Gerdeman; Financial Services; Banking

14 Jun 2010
Research & Ideas

The Hard Work of Measuring Social Impact

everyone needs to measure impact.” "There are two big conversations among nonprofit leaders," says HBS associate professor Alnoor Ebrahim. "One is around accountability. The second focuses on performance, particularly impact." Ebrahim is teaching in Performance... View Details

Keywords: by Julia Hanna

11 Feb 2020
Sharpening Your Skills

10 Rules Entrepreneurs Need to Know Before Adopting AI

However, that’s not the reality of the enterprise world. Big enterprises by default are averse to change unless they are convinced the alternative is worth their business development effort and the time involved of the legal-finance team... View Details

Keywords: by Rocio Wu

23 Jun 2008
Research & Ideas

Innovative Ways to Encourage Personal Savings

the things I write about in these papers are applicable to a large range of Americans. Programs such as automatic defaults and 401(k) defaults, as embodied in proposals like the auto-IRA and AutoSave, are View Details

Keywords: by Martha Lagace; Financial Services

Web

News - Research Computing Services

sessions, will be terminated . What work is being performed and why? We will release a new default software environment for Grid 3.0. Please see our documentation for more information how you can use older software environments should you... View Details

20 Jan 2023
News

Free Spirits

Pepper invested $50 million in the company, part of a $75 million round announced in 2022, and the company has racked up industry awards in competition against beers with and without alcohol—the larger effect of which has been to carve... View Details

Keywords: Jen McFarland Flint; Food Services and Drinking Places; Hospitality

20 Nov 2018
First Look

New Research and Ideas, November 20, 2018

PE-backed companies increased investments relative to their peers, while also experiencing greater equity and debt inflows. The effects are stronger among financially constrained companies and those whose private equity investors had more... View Details

Keywords: Dina Gerdeman

30 Aug 2016
First Look

August 30, 2016

variation generated by the experimental treatments, we model sales force performance to identify the effectiveness of various forms of conditional and unconditional compensation. We account for salesperson heterogeneity by using a... View Details

Keywords: Carmen Nobel

02 Feb 2012
Op-Ed

Once a Castle, Home is Now a Debtors’ Prison

era before unemployment soared, the Dow plummeted, and credit default swaps surfaced. In today's jargon, these owners are underwater—they owe more than the value of their homes. But underwater is a misnomer. People underwater either swim... View Details

Keywords: by Nicolas P. Retsinas; Financial Services; Construction; Real Estate

24 Jul 2019
Lessons from the Classroom

Can These Business Students Motivate Londoners to Do the Right Thing?

course? Michael Luca: A deeper appreciation of the ways in which small—and sometimes subtle—changes in the way a process or product is structured can make a difference. Our intuition about these effects can also be off, which is why... View Details

Keywords: by Dina Gerdeman

06 Aug 2018
Blog Post

Parks Management is People Management

opportunities versus, say, a user-friendly software service) the mechanism to achieve it is quite similar. Particularly, the effectiveness of managers in setting a vision, establishing norms for communication and teamwork, and aligning... View Details

Keywords: Nonprofit / Government

Web

Rewiring the Workplace: Behavioral Economics and the Future of Inclusive Organizations - Blog: RGE Report

practice, however, alleviating the effects of inequities requires a shift in organizational culture, including fundamentally reworking value systems and decision-making frameworks to cultivate the best environment for the employees of all... View Details

11 Oct 2022
Research & Ideas

Shrinking the Racial Wealth Gap, One Mortgage at a Time

borrowers are defaulting less.” Before recent interest rate hikes, American homeowners had been reaping the benefits of record home prices, cashing out amid a buying frenzy. However, data from the National Association of Realtors showed... View Details

Keywords: by Rachel Layne; Financial Services

19 Jul 2016
First Look

July 19, 2016

Abstract—We estimate the causal effect of sovereign default on the equity returns of Argentine firms. We identify this effect by exploiting changes in the probability of... View Details

Keywords: Sean Silverthorne

14 Oct 2013
Research & Ideas

Time that Government Reopens for Business

doesn't increase its debt limit on October 17, it will start defaulting on its bills—an unprecedented event in the nation's history. Senior Lecturer Joseph B. Fuller, a member of the School's Entrepreneurial Management Unit and an expert... View Details

Keywords: by Jim Aisner

28 Nov 2016
Research & Ideas

Challenging the Belief that Liability Laws Kill Medical Device Innovation

in passing tort reform laws to limit the amount of damages patients can receive. Less attention has been paid to the effect such reforms can have on medical device innovation. Under the chilling effect of... View Details

Keywords: by Michael Blanding; Medical Devices & Supplies

30 Jan 2006
Research & Ideas

Looking Behind Bad Decisions

African government take a stand against an effective AIDS treatment drug? The inability of government to make wise tradeoffs—give up small losses for much larger gain—has been investigated by HBS professor Max Bazerman and his research... View Details

Keywords: by Manda Salls

19 Feb 2019
First Look

New Research and Ideas, February 19, 2019

default for those who don’t make an active choice: pharmacy pick-up without insurance subsidies. Under this program, 42% of eligible employees actively choose home delivery, 39% actively choose pharmacy pickup, and 19% make no active... View Details