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  • All HBS Web  (2,361)
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    • News  (611)
    • Research  (1,270)
    • Events  (22)
    • Multimedia  (37)
  • Faculty Publications  (640)
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  • Research Summary

'Optimal Incentive Contracts under Inequity Aversion' (with Achim Wambach) ), 2005

We analyze the Moral Hazard problem, assuming that the agent is inequity averse. Our results differ from conventional contract theory and are more in line with empirical findings than these standard results. Our key findings are: Inequity aversion alters the structure... View Details
  • October 2024
  • Article

Racial Inequality in Organizations: A Systems Psychodynamic Perspective

By: Sanaz Mobasseri, William A. Kahn and Robin J. Ely
This paper uses systems psychodynamic concepts to develop theory about the persistence of racial inequality in U.S. organizations and to inform an approach for disrupting it. We treat White men as the dominant group and Black people as the archetypal subordinate group... View Details
Keywords: Equality and Inequality; Race; Prejudice and Bias; Organizational Culture; Gender; Power and Influence; Employees; Attitudes
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Mobasseri, Sanaz, William A. Kahn, and Robin J. Ely. "Racial Inequality in Organizations: A Systems Psychodynamic Perspective." Academy of Management Review 49, no. 4 (October 2024): 718–745.
  • Article

Popular Acceptance of Inequality Due to Innate Brute Luck and Support for Classical Benefit-based Taxation

By: Matthew C. Weinzierl
U.S. survey respondents' views on distributive justice differ in two specific, related ways from what is conventionally assumed in modern optimal tax research. When expressing their preferences over allocations in stylized, hypothetical scenarios meant to isolate key... View Details
Keywords: Optimal Taxation; Welfarism; Luck; Benefit-based Taxation; Taxation; Equality and Inequality; Attitudes
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Weinzierl, Matthew C. "Popular Acceptance of Inequality Due to Innate Brute Luck and Support for Classical Benefit-based Taxation." Journal of Public Economics 155 (November 2017): 54–63. (Also Harvard Business School Working Paper, No. 16-104, March 2016; revised July 2016, and NBER Working Paper Series, No. 22462, July 2016. See Notes on Fortune article.)
  • May 2020
  • Teaching Note

Income Inequality and the CEO Pay Ratio at TJX Cos

By: Ethan Rouen
Teaching Note for HBS No. 120-063. View Details
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Rouen, Ethan. "Income Inequality and the CEO Pay Ratio at TJX Cos." Harvard Business School Teaching Note 120-116, May 2020.
  • 09 May 2000
  • Research & Ideas

Stock Options Are Not All Created Equal

Most of the companies I've studied don't pay a whole lot of attention to the way they grant options. Their directors and executives assume that the important thing is just to have a plan in place; the details are trivial. As a result,... View Details
Keywords: by Brian Hall
  • April 2019
  • Case

Nicholas Kristof and Sheryl WuDunn: The Power of Writing to Launch and Sustain a Movement (Abridged)

By: Julie Battilana, Lakshmi Ramarajan and Michael Norris
In 2018, New York Times writer Nicholas Kristof and his wife, former Times writer Sheryl WuDunn (HBS ’86) who worked in finance, were planning for their next book. The couple’s earlier books had given rise to social movements around gender equity and poverty issues.... View Details
Keywords: Social Movement; Gender Equality; Writing; Social Issues; Gender; Equality and Inequality; Poverty; Books; Change; Leadership
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Battilana, Julie, Lakshmi Ramarajan, and Michael Norris. "Nicholas Kristof and Sheryl WuDunn: The Power of Writing to Launch and Sustain a Movement (Abridged)." Harvard Business School Case 419-059, April 2019.
  • December 16, 2012
  • Article

Not all Money Market Funds Are Equal

By: Robert C. Pozen and Theresa Hamacher
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Pozen, Robert C., and Theresa Hamacher. "Not all Money Market Funds Are Equal." FT.com (December 16, 2012).
  • June 2018 (Revised November 2018)
  • Case

Nicholas Kristof and Sheryl WuDunn: The Power of Writing to Launch and Sustain a Movement

By: Julie Battilana, Lakshmi Ramarajan and Michael Norris
In 2018, New York Times writer Nicholas Kristof and his wife, former Times writer Sheryl WuDunn (HBS ’86) who worked in finance, were planning for their next book. The couple’s earlier books had given rise to social movements around gender equity and poverty issues.... View Details
Keywords: Social Movement; Gender Equality; Writing; Social Issues; Gender; Equality and Inequality; Poverty; Books; Change; Leadership
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Battilana, Julie, Lakshmi Ramarajan, and Michael Norris. "Nicholas Kristof and Sheryl WuDunn: The Power of Writing to Launch and Sustain a Movement." Harvard Business School Case 418-004, June 2018. (Revised November 2018.)
  • January–March 2020
  • Article

Improving Decisions that Affect Gender Equality in the Workplace

By: Edward H. Chang and Katherine L. Milkman
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Chang, Edward H., and Katherine L. Milkman. "Improving Decisions that Affect Gender Equality in the Workplace." Special Issue on 21st Century Decision Making. Organizational Dynamics 49, no. 1 (January–March 2020).
  • 03 Jan 2023
  • Book

Confront Workplace Inequity in 2023: Dig Deep, Build Bridges, Take Collective Action

aimed specifically at dismantling inequities in the workplace. “Research has shown time and time again that some of the stereotypical feminine attributes, such as empathy, trust, connection—those are the... View Details
Keywords: by Pamela Reynolds
  • Article

Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints

By: Fernando Borraz, Alberto Cavallo, Roberto Rigobon and Leandro Zipitria
The border effects literature finds that political boundaries have a large impact on relative prices across locations. In this paper we show that the standard empirical specification suffers from selection bias, and propose a new methodology based on binned-quantile... View Details
Keywords: Border Effects; Prices
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Borraz, Fernando, Alberto Cavallo, Roberto Rigobon, and Leandro Zipitria. "Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints." International Journal of Finance & Economics 21, no. 1 (January 2016): 3–35.
  • 17 Jul 2012
  • Working Paper Summaries

Why Do We Redistribute So Much but Tag So Little? The Principle of Equal Sacrifice and Optimal Taxation

Keywords: by Matthew Weinzierl
  • 2014
  • Article

Unequality: Who Gets What and Why It Matters

By: Michael I. Norton
Who should get what, and what are the consequences? Economic inequality in the United States has been rising for decades, yet only recently have behavioral scientists explored two central questions surrounding the optimal level of inequality. First, what are the... View Details
Keywords: Inequality; Ethics; Productivity; Gambling; Equality and Inequality; Fairness; Income; Performance Productivity; United States
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Norton, Michael I. "Unequality: Who Gets What and Why It Matters." Policy Insights from the Behavioral and Brain Sciences 1, no. 1 (2014): 151–155.
  • 1976
  • Other Unpublished Work

Barriers to Equal Opportunity in Rural Housing Markets

By: Dutch Leonard
Keywords: Housing; Equality and Inequality; Rural Scope
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Leonard, Dutch. "Barriers to Equal Opportunity in Rural Housing Markets." Urban Systems Research & Engineering, Cambridge, MA, January 1976.
  • 1978
  • Chapter

Changing Organizational Constraints: Toward Promoting Equal Opportunity and Treatment for Women in Public Service Systems

By: R. M. Kanter
Keywords: Organizational Change and Adaptation; Equality and Inequality; Public Sector; Service Operations; Gender
Citation
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Kanter, R. M. "Changing Organizational Constraints: Toward Promoting Equal Opportunity and Treatment for Women in Public Service Systems." In The United Nations and Decision-Making: The Role of Women. Vol. 2, edited by D. Nicol and M. Croke. New York: United Nations Institute for Training and Research (UNITAR), 1978.
  • 2008
  • Working Paper

Structural Closure and Exposure: Formation of Structural Inequality in Managerial Labor Markets

By: Mikolaj Jan Piskorski
Positional advantages arise when actors obtain rewards attached to positions they occupy, but these rewards are not merited by their performance. Existing theory suggests that in competitive markets there should be no positional advantages. This paper proposes a model... View Details
Keywords: Compensation and Benefits; Jobs and Positions; Managerial Roles; Performance Improvement; Alignment; Competitive Advantage; Equality and Inequality
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Piskorski, Mikolaj Jan. "Structural Closure and Exposure: Formation of Structural Inequality in Managerial Labor Markets." Harvard Business School Working Paper, No. 08-086, April 2008.
  • Article

Incorporating Insights about Intergroup Power and Dominance to Help Increase Harmony and Equality between Groups in Conflict

By: Nour Kteily and Kaylene J. McClanahan
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Kteily, Nour, and Kaylene J. McClanahan. "Incorporating Insights about Intergroup Power and Dominance to Help Increase Harmony and Equality between Groups in Conflict." Current Opinion in Psychology 33 (June 2020): 80–85.
  • 2019
  • Chapter

Blacks Leading Whites: How Mutual and Dual (Ingroup and Outgroup) Identification Affect Inequality

By: Lumumba Babushe Seegars and Lakshmi Ramarajan
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Seegars, Lumumba Babushe, and Lakshmi Ramarajan. "Blacks Leading Whites: How Mutual and Dual (Ingroup and Outgroup) Identification Affect Inequality." Chap. 19 in Race, Work, and Leadership: New Perspectives on the Black Experience, edited by Laura Morgan Roberts, Anthony J. Mayo, and David A. Thomas. Boston, MA: Harvard Business Review Press, 2019.
  • 2017
  • Working Paper

Inequality in Knowledge Repository Use in Scaling Service Operations

By: Melissa A. Valentine, Tom Fangyun Tan, Bradley R. Staats and Amy C. Edmondson
To scale service operations requires sharing knowledge across the organization. However, prior work highlights that individuals on the periphery of organizational knowledge sharing networks may struggle to access useful knowledge at work. A knowledge repository (KR)... View Details
Keywords: Knowledge Repository; Scaling Service Operations; Fluid Teams; Groups and Teams; Knowledge Management; Performance
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Valentine, Melissa A., Tom Fangyun Tan, Bradley R. Staats, and Amy C. Edmondson. "Inequality in Knowledge Repository Use in Scaling Service Operations." Harvard Business School Working Paper, No. 13-001, July 2012. (Revised August 2017.)
  • 02 Dec 2015
  • What Do You Think?

What Will It Take to Achieve Gender Equality in Leadership?

inequality is costing the global economy $12 trillion annually, with North America accounting for 25 percent of that total followed by China’s 20-plus percent. If diversity and gender View Details
Keywords: by James Heskett
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