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    Forest L. Reinhardt

    Forest L. Reinhardt is the John D. Black Professor of Business Administration at Harvard Business School, and HBS’s Senior Associate Dean for Faculty Promotions and Tenure.

    Professor Reinhardt is interested in the relationships between market and nonmarket... View Details

    Keywords: agribusiness; agriculture; beverage; biotechnology; chemical; energy; federal government; food; food processing; forest products; nonprofit industry; oil & gas; paper; petroleum; tourism; transportation
    • Article

    Reaching for Yield in the Bond Market

    By: Bo Becker and Victoria Ivashina
    Reaching for yield—the propensity to buy riskier assets in order to achieve higher yields—is believed to be an important factor contributing to the credit cycle. This paper analyzes this phenomenon in the corporate bond market. Specifically, we show evidence for... View Details
    Keywords: Fixed Income; Reaching For Yield; Financial Intermediation; Insurance Companies; Insurance; Assets; Bonds; Investment Return; Investment Portfolio; Risk Management; Insurance Industry
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    Becker, Bo, and Victoria Ivashina. "Reaching for Yield in the Bond Market." Journal of Finance 70, no. 5 (October 2015): 1863–1902.
    • 19 Sep 2013
    • News

    Q & A with Professor John Deighton

    • 08 Jul 2013
    • News

    The Wisdom Of The Cronut: Why Long Lines Are Worth the Wait

    • 15 Oct 2012
    • News

    Pay-as-You-Drive Insurance: Big Brother Needs a Makeover

    • 12 Oct 2018
    • News

    The ‘Amazon Effect’ Can Drive Prices Up, Too

    • 05 Jan 2018
    • News

    3 Ways to Think Outside the Box More Often

    • 2009
    • Working Paper

    Virtual Team Learning: Reflecting and Acting, Alone or With Others

    By: Deborah L. Soule and Lynda M. Applegate
    This paper examines virtual team learning in new product development situations. New product development activities manifest novelty, uncertainty and complexity, presenting an extreme need for learning in the course of the work. We present data from an exploratory... View Details
    Keywords: Competency and Skills; Learning; Knowledge Acquisition; Knowledge Use and Leverage; Product Development; Groups and Teams; Behavior
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    Soule, Deborah L., and Lynda M. Applegate. "Virtual Team Learning: Reflecting and Acting, Alone or With Others." Harvard Business School Working Paper, No. 09-084, January 2009.
    • 01 Jun 2020
    • News

    Why a Good Resume and Cover Letter Matter

    Keywords: resume
    • July–August 2013
    • Article

    The Costs of Racial 'Color Blindness'

    By: Michael I. Norton and Evan P. Apfelbaum
    The article looks at research on people's attitudes and behaviors with respect to noticing and referring to a person's race. It explains the 2013 study, in which participants played a "Guess Who?" style game of asking yes-or-no questions about a group of faces... View Details
    Keywords: Prejudice and Bias; Behavior; Race; Attitudes
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    Norton, Michael I., and Evan P. Apfelbaum. "The Costs of Racial 'Color Blindness'." Harvard Business Review 91, nos. 7/8 (July–August 2013): 22.
    • 19 Feb 2019
    • News

    Bank Boards: What Has Changed Since the Financial Crisis?

    • Research Summary

    Ownership Qutotient: Putting the Service Profit Chain for Unbeatable Competitive Advantage

    By: W. Earl Sasser

    Professors Jim Heskett and Earl Sasser, in collaboration with Joe Wheeler have been examining cuatomer and employee ownership behaviors which have a profound impact on long term profit and growth. Their findings are published in Ownership Quotient:... View Details

    • 2019
    • Book

    Love Your Enemies: How Decent People Can Save America from the Culture of Contempt

    By: Arthur C. Brooks
    To get ahead today, you have to be a jerk, right?

    Divisive politicians. Screaming heads on television. Angry campus activists. Twitter trolls. Today in America, there is an “outrage industrial complex” that prospers by setting American against... View Details
    Keywords: Political Participation; Political Culture; Moral Sensibility; Government and Politics; Society; United States
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    Brooks, Arthur C. Love Your Enemies: How Decent People Can Save America from the Culture of Contempt. New York: Broadside Books, 2019. (National bestseller.)
    • 14 Apr 2022
    • News

    Developing a Digital Mindset

    • March 2023
    • Article

    Learning to Successfully Hire in Online Labor Markets

    By: Marios Kokkodis and Sam Ransbotham
    Hiring in online labor markets involves considerable uncertainty: which hiring choices are more likely to yield successful outcomes and how do employers adjust their hiring behaviors to make such choices? We argue that employers will initially explore the value of... View Details
    Keywords: Selection and Staffing; Analysis; Decision Choices and Conditions
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    Kokkodis, Marios, and Sam Ransbotham. "Learning to Successfully Hire in Online Labor Markets." Management Science 69, no. 3 (March 2023): 1597–1614.
    • October 1989
    • Background Note

    Managing Major Accounts

    By: Frank V. Cespedes
    Written as an introduction to a module in the second-year MBA course, Marketing Implementation. Discusses issues encountered in the selling and management of major accounts. The topics covered include: 1) reasons for the increasing importance of major account... View Details
    Keywords: Accounting Audits; Marketing; Marketing Strategy; Consumer Behavior; Market Participation; Relationships; Salesforce Management
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    Cespedes, Frank V. "Managing Major Accounts." Harvard Business School Background Note 590-046, October 1989.
    • July 1993 (Revised September 1994)
    • Case

    Goodyear: The Aquatred Launch

    By: John A. Quelch
    After many years of R&D, Goodyear has developed the Aquatred, an innovative new tire. However, the tire industry has matured and evolved, raising questions concerning the Aquatred's ability to gain support from Goodyear's independent tire dealers. Students must use... View Details
    Keywords: Change Management; Consumer Behavior; Distribution Channels; Brands and Branding; Innovation and Invention; Auto Industry; Rubber Industry; United States
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    Quelch, John A. "Goodyear: The Aquatred Launch." Harvard Business School Case 594-106, July 1993. (Revised September 1994.)
    • Research Summary

    Financial Regulation and the Japanese Banking Crisis of the 1990s

    As part of a long-term research interest in financial regulation and the role of the Ministry of Finance, Ulrike Schaede has studied various segments of Japan's financial markets to understand better the interaction between regulators and regulatees. This includes... View Details
    • December 1983 (Revised March 1999)
    • Case

    The United States Financial Crisis of 1931

    The behavior of the Federal Reserve System during the early years of the Great Depression has been a topic of considerable controversy. The Fed, it has been argued, pursued a contracting policy, thereby helping to turn what might have been only a brief recession into... View Details
    Keywords: Government and Politics; Financial Crisis; United States
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    Rukstad, Michael G. "The United States Financial Crisis of 1931." Harvard Business School Case 384-115, December 1983. (Revised March 1999.)
    • 2023
    • Working Paper

    The Complexity of Economic Decisions

    By: Xavier Gabaix and Thomas Graeber
    We propose a theory of the complexity of economic decisions. Leveraging a macroeconomic framework of production functions, we conceptualize the mind as a cognitive economy, where a task’s complexity is determined by its composition of cognitive operations. Complexity... View Details
    Keywords: Decisions; Complexity; Perception; Consumer Behavior; Production
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    Gabaix, Xavier, and Thomas Graeber. "The Complexity of Economic Decisions." Harvard Business School Working Paper, No. 24-049, February 2024.
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