Publications

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2002
Other Unpublished Work

Impact of Costing Systems on Pricing Decisions in a Duopoly

By: V.G. Narayanan and Jytte Grambo Larsen

Keywords: Duopoly and Oligopoly; Decision Making; Cost Accounting; Price

Teaching Interest

Large-Scale Investment (LSI, MBA Elective Curriculum)

By: Benjamin C. Esty

Large-Scale Investment (LSI) is a case-based course about project finance that is designed for second-year MBA students. Project finance involves the creation of a legally independent project company financed with nonrecourse debt for the purpose of investing in a... View Details

Keywords: Project Finance; Corporate Finance; Corporate Governance; Valuation; Capital Budgeting

Article

High School Curriculum and Financial Outcomes: The Impact of Mandated Personal Finance and Mathematics Courses

By: Shawn Cole, Anna Paulson and Gauri Kartini Shastry

Financial literacy and cognitive capabilities are convincingly linked to the quality of financial decision-making. Yet, there is little evidence that education intended to improve financial decision-making is successful. Using plausibly exogenous variation in exposure... View Details

Keywords: Financial Literacy; Cognitive Capability; Secondary Education; Personal Finance; Decision Making

May 2008
Teaching Note

Warburg Pincus and emgs: The IPO Decision (TN) (A) and (B)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for [807092] and [808046]. View Details

Keywords: Initial Public Offering; Decision Making; Investment Banking; Financial Services Industry

Purchase

24 Sep 2024
Blog Post

Climate Finance in Africa: Health, Self-Interest, Avoided Future Cost

and national security issues worsened in part by migration out of newly unlivable situations. How can investors, businesses, and global society face these issues? Governments and development finance institutions (DFIs) clearly don’t have... View Details

01 Apr 2001
News

Big Deals: Project Finance Helps Mitigate Risk in Large-Scale Investments

Forget millions; think billions. That’s what HBS associate professor Benjamin C. Esty does in Large-Scale Investment, a new MBA elective course he has developed that examines how companies structure, value, and finance large,... View Details

Keywords: Julia Hanna; Motorola; Finance; Finance; Finance; Finance; Finance; Finance; Finance; Finance; Finance; Finance

March 1974
Article

Generalized Mean-Variance Tradeoffs for Best Perturbation Corrections to Approximate Portfolio Decisions

By: Paul A. Samuelson and Robert C. Merton

Keywords: Investment; Finance

Article

The Effect of Providing Peer Information on Retirement Savings Decisions

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

Using a field experiment in a 401(k) plan, we measure the effect of disseminating information about peer behavior on savings. Low-saving employees received simplified plan enrollment or contribution increase forms. A randomized subset of forms stated the fraction of... View Details

Keywords: Saving; Decision Choices and Conditions; Retirement

2000
Chapter

Is a Career in Finance (and which one?) Right for You?

By: James Waldroop and Timothy Butler

Keywords: Decision Choices and Conditions; Personal Development and Career; Finance; Financial Services Industry; Banking Industry

25 Jan 2024
Blog Post

Climate Stories Episode #15: Hilton Augustine III on Financing Climate Ventures

stakeholders to make both micro- and macro-level decisions today that will have net positive environmental and economic effects now and into the future” At the May 2023 “Accelerating Climate Solutions” conference at HBS, Hilton found... View Details

June 2020
Article

Frenemies in Platform Markets: Heterogeneous Profit Foci as Drivers of Compatibility Decisions

By: Ron Adner, Jianqing Chen and Feng Zhu

We study compatibility decisions of two competing platform owners that generate profits through both hardware sales and royalties from content sales. We consider a game-theoretic model in which two platforms offer different standalone utilities to users. We find that... View Details

Keywords: Compatibility; Platform Competition; Profit Foci; Digital Platforms; Competition; Profit; Decision Making

01 Jun 2017
News

Ink: Home Cooking, Secure Retirements, and Restoring Humanity to Finance

Wisdom of Finance: Discovering Humanity in the World of Risk and Return, seeks to redeem the oft-maligned finance industry. Desai argues that “viewing finance through the prism of the humanities will help us... View Details

25 Jan 2013
Research & Ideas

Why a Harvard Finance Instructor Went to the Kumbh Mela

electricity, the thoughtful deployment of public-private partnerships, and the land allocation necessary to support up to 200 million pilgrims. There are extensible leadership and finance lessons for me here, and they can become View Details

Keywords: by John D. Macomber; Construction; Real Estate

July/September 2005
Article

Le consensus de Paris: la France et les règles de la finance mondiale

By: Rawi Abdelal

This article is about the institutional foundations of the globalization of finance. These institutional foundations are both informal and formal. Until the 1980s the formal rules of the international financial architecture – most consequentially in the European Union... View Details

Keywords: Policy; International Finance; Globalization; France; European Union

September 2008
Article

Effect of Personal Taxes on Managers' Decisions to Sell Their Stock

Keywords: Taxation; Management; Sales; Stocks

February 2019 (Revised March 2019)
Case

Banorte and the Capital Call Facility: Infrastructure Finance in Mexico

By: John D. Macomber, Carla Larangeira and Fernanda Miguel

As a result of Mexico´s pension industry deregulation, pension funds were able to invest in energy and infrastructure projects through a variety of financial instruments, particularly through Capital Development Certificates (CKDs), an asset class that served as a... View Details

Keywords: Financial Products; Fund Management; Capital Call Facility; Pension Funds; Infrastructure; Energy; Finance; Decision Making; Investment Funds; Financial Instruments; North America; Mexico

Educators

Purchase

April 2011
Teaching Note

The Euro in Crisis: Decision Time at the European Central Bank (TN)

By: J. Gunnar Trumbull, Dante Roscini and Diane Choi

Teaching Note for 711049. View Details

Keywords: Currency; Central Banking; Borrowing and Debt; Decisions; Banking Industry

Purchase

September 2009
Article

Spousal Control and Intra-Household Decision Making: An Experimental Study in the Philippines

By: Nava Ashraf

Using an experimental design I elicit causal effects of spousal observability and communication on financial choices of married individuals in the Philippines. Making choices public moves men from putting money into their own account to consumption; communication with... View Details

Keywords: Intra-household; Bargaining; Experiments; Economic Development; Saving; Governance Controls; Decision Choices and Conditions; Personal Finance; Family and Family Relationships; Household; Gender