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  • 16 Aug 2004
  • Research & Ideas

Luxury Isn’t What It Used to Be

we're doing," says McEvoy. Today, Queen Elizabeth II wears her Burberry trench coat. But so does supermodel Kate Moss. At Waterford Crystal, CEO John G. Foley (HBS ISMP '89) has brought on contemporary designers like Versace and Vera... View Details
Keywords: by Julia Hanna; Consumer Products
  • 16 Sep 2015
  • Research & Ideas

Can Applied Economics Save Homeless Puppies?

In 2012, two seasoned scholars shared the Nobel Memorial Prize in Economic Sciences for their research on designing markets. Lloyd Shapley had developed theoretical methods to create stable matches in unstable markets. Alvin Roth had... View Details
Keywords: by Carmen Nobel; Retail
  • 07 Apr 2020
  • Research & Ideas

What Customers Need to Hear from You During the COVID Crisis

to connect their products and services to the alleviation of crisis-related suffering and challenges. 54 percent of surveyed consumers claimed they were ignoring all new product communications during the crisis, unless the product in question was specifically View Details
Keywords: by Jill Avery and Richard Edelman
  • 29 Aug 2023
  • News

Helping Consumers Decarbonize their Purchases

Subscribe on iTunes Subscribe on Spotify More Skydeck episodes Hi, this is Dan Morrell, host of Skydeck. In this episode, we’re going to be highlighting an episode of another HBS podcast: Climate Rising, which focuses on what businesses are doing, can do, and should do... View Details
  • 20 Jan 2023
  • News

Free Spirits

find an alternative that he loved as much as the real deal. In Walker, he found an award-winning brewer who recognized the opportunity in the marketplace and was up for the challenge—against the advice of everyone in the industry, as the... View Details
Keywords: Jen McFarland Flint; Food Services and Drinking Places; Hospitality
  • 03 May 2010
  • Research & Ideas

What Is the Future of MBA Education?

new book, Rethinking the MBA: Business Education at a Crossroads. Employing a wealth of interviews and quantitative data, their book takes the first comprehensive approach in decades to examine the evolving MBA marketplace and its threats... View Details
Keywords: by Martha Lagace; Education
  • 29 Oct 2018
  • Research & Ideas

Hunting for a Hot Job in High Tech? Try 'Digitization Economist'

and TripAdvisor contain hundreds of millions of consumer reviews; online marketplaces also rely on reputation systems to facilitate trust between strangers. Economists help companies design reputation... View Details
Keywords: by Roberta Holland; Technology; Education
  • November 2017
  • Case

Poppy: A Modern Village for Childcare

By: Thomas Eisenmann and Jeff Huizinga
In 2017, management at Poppy, which matched families that required occasional childcare with thoroughly vetted caregivers, was formulating plans for the Seattle-based seed-stage startup’s next phase of expansion. One option was to grow using the same business model... View Details
Keywords: Entrepreneurship; Market Design; Multi-Sided Platforms; Marketplace Matching; Expansion; United States
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  • 16 Nov 1999
  • Lessons from the Classroom

Leading Change and Organizational Renewal

organizations for long-term viability and success. What does "organizational renewal" mean as used in the program? Tushman: A successful company could be said to have a kind of franchise, that is, a niche in the marketplace... View Details
Keywords: by Staff
  • 2015
  • Working Paper

Stability, Strategy-Proofness, and Cumulative Offer Mechanisms

By: John William Hatfield, Scott Duke Kominers and Alexander Westkamp
We consider the setting of many-to-one matching with contracts, where firms may demand multiple contracts but each worker desires at most one contract. We introduce three novel conditions—observable substitutability, observable size monotonicity,... View Details
Keywords: Matching With Contracts; Stability; Strategy-proofness; Substitutability; Size Monotonicity; Cumulative Offer Mechanism; Contracts; Market Design; Marketplace Matching; Balance and Stability
Related
  • Article

Matching in Networks with Bilateral Contracts

By: John William Hatfield and Scott Duke Kominers
We introduce a model in which firms trade goods via bilateral contracts which specify a buyer, a seller, and the terms of the exchange. This setting subsumes (many-to-many) matching with contracts, as well as supply chain matching. When firms' relationships do not... View Details
Keywords: Contracts; Market Design; Marketplace Matching; Supply Chain
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  • May 2016
  • Article

Matching with Slot-Specific Priorities: Theory

By: Scott Duke Kominers and Tayfun Sönmez
We introduce a two-sided, many-to-one matching with contracts model in which agents with unit demand match to branches that may have multiple slots available to accept contracts. Each slot has its own linear priority order over contracts; a branch chooses contracts by... View Details
Keywords: Matching With Contracts; Stability; Strategy-proofness; School Choice; Affirmative Action; Airline Seat Upgrades; Contracts; Market Design; Marketplace Matching; Balance and Stability
Related
  • Article

Preference Signaling in Matching Markets

Many labor markets share three stylized facts: employers cannot give full attention to all candidates, candidates are ready to provide information about their preferences for particular employers, and employers value and are prepared to act on this information. In this... View Details
Keywords: Signaling; Matching; Cheap Talk; Congestion; Market Design; Marketplace Matching; Communication; Job Search
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  • December 2024
  • Article

Respect for Improvements and Comparative Statics in Matching Markets

By: Scott Duke Kominers
One of the oldest results in the theory of two-sided matching is the entry comparative static, which shows that under the Gale–Shapley deferred acceptance algorithm, adding a new agent to one side of the market makes all the agents on the other side weakly... View Details
Keywords: Market Entry and Exit; Marketplace Matching; Mathematical Methods; Market Design
Related

    Fred DeLuca

    Hoping to earn enough money to go to college, DeLuca borrowed $1,000 from a family friend and opened his first sub shop in 1965. Though he struggled for a few years, he did pay his way through college. After graduation, DeLuca jumped on the franchising boon in the fast... View Details
    Keywords: Food & Tobacco
    • 30 Oct 2005
    • Research & Ideas

    Tuning Jobs to Fit Your Company

    In a recent Harvard Business Review article, professor Robert Simons wrote about how organizations can design jobs for maximum performance. In this excerpt, Simons discusses what he terms the four basic "spans" of a job—control,... View Details
    Keywords: by Robert Simons
    • 05 Dec 2016
    • News

    How to Start a Tech Company Without Tech Experience

    (photo via Twitter) (photo via Twitter) Rob Biederman (MBA 2014) and his fellow HBS cofounders didn’t have any tech experience when they launched the online freelance marketplace HourlyNerd. Three years later the company, now known as... View Details
    • Web

    Eligibility | New Venture Competition

    (Business Plan Workshop) (HKS) Entrepreneurship and Innovation in the Private and Social Sectors (HKS) Entrepreneurship in Life Sciences (HBS) Entrepreneurship in the Education Marketplace (HGSE) Field Course: Business of the Arts (HBS)... View Details
    • 7 PM – 11 PM EDT, 10 Oct 2018

    HBX Strategy Execution

    Identify and solve your company's strategic challenges with an exclusive group of like-minded senior leaders via HBX Live, a real-time, interactive online classroom. Program Dates: October 10, 2018 - November 7, 2018 View Details
    • 28 Mar 2018
    • Research & Ideas

    Sophisticated Investors May Be Harming Fintech Lending Platforms

    iPhoto Marketplace lending platforms such as LendingClub and Prosper have made significant competitive inroads against traditional banks in recent years by bringing together people who want to borrow with investors ready to bankroll them.... View Details
    Keywords: by Dina Gerdeman; Banking; Financial Services