Heuristics And Biases - Publications - Faculty & Research

March 2021
Teaching Plan

The Black New Venture Competition

By: Karen G. Mills, Jeffrey J. Bussgang, Martin A. Sinozich and Gabriella Elanbeck

Black entrepreneurs encounter many unique obstacles when raising capital to start and grow a business, some stemming from deep systemic discrimination. During their second year at Harvard Business School (HBS), MBA students Kimberly Foster and Tyler Simpson decided to... View Details

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06 Nov 2018
First Look

New Research and Ideas, November 6, 2018

effects were amplified by 100% and the daily schedule effects were fully mitigated (that is, reduced by 100%), the increase in inspectors’ detection rates would result in their citing an average of 9.9% more violations. Understanding... View Details

Keywords: Dina Gerdeman

27 Jun 2017
First Look

First Look at New Research and Ideas, June 27

heuristic that are used to determine optimal stocking levels for cash and electronic value given an agent's historical demand. When tested with a large sample of transaction-level data provided by an East... View Details

Keywords: Sean Silverthorne

1999
Article

Effects of Instructional Style on Problem-Solving Creativity

By: A. M. Ruscio and T. M. Amabile

This study sought to determine the impact of 2 differing instructional approaches on creative problem-solving performance. Eighty-two college students completed a novel structure-building task after receiving algorithmic instruction (providing a rote, step-by-step... View Details

Keywords: Training; Creativity; Cognition and Thinking; Performance; Learning

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17 Jun 2002
Research & Ideas

Entrepreneurship in Asia and Foreign Direct Investment

that in the 1980s as the political and ethnic tensions eased in Singapore and Malaysia, governments there also began to remove some of the biases against local firms. What... View Details

Keywords: by Martha Lagace

24 May 2022
Research & Ideas

Career Advice for Minorities and Women: Sharing Your Identity Can Open Doors

Should people share their identities? The researchers believe the current research shows that women and minorities can benefit by putting their identities front and center, rather than waiting for... View Details

Keywords: by Pamela Reynolds

21 Feb 2013
Research & Ideas

HBS Research Focuses on Gender Issues and Fixes

the hiring process lies in evaluating job candidates as a group, rather than one at a time. So says new research by Iris Bohnet, Alexandra van Geen, and Max H. Bazerman. Leadership Program for Women Targets Subtle Promotion View Details

30 Nov 2016
Op-Ed

Where Could More Regulation Help Small Businesses? Online Lending.

federal level, small business loan brokers should act in borrowers' best interest, respecting fiduciary duties of disclosure, loyalty and prudence. Most importantly, brokers should endeavor to reduce or eliminate View Details

Keywords: by Karen Mills and Brayden McCarthy; Financial Services

03 May 2023
Research & Ideas

Why Confronting Racism in AI 'Creates a Better Future for All of Us'

During his recent standing-room-only seminar about artificial intelligence (AI) and race at Harvard Business School recently, marketing professor Broderick Turner displayed a slide showing several white blob-like characters that resembled... View Details

Keywords: by Barbara DeLollis

2009
Working Paper

Assess, Don't Assume, Part II: Negotiating Implications of Cross-Border Differences in Decision Making, Governance, and Political Economy

By: James K. Sebenius

When facing a cross-border negotiation, the standard preparatory assessments—of the parties, their interests, their no-deal options, opportunities for and barriers to creating and claiming value, the most promising sequence and process design, etc.—should be... View Details

Keywords: Decision Making; Cross-Cultural and Cross-Border Issues; Corporate Governance; Negotiation Process; Organizational Culture; Business and Government Relations

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February 2007
Case

Behavioral Finance at JP Morgan

By: Malcolm P. Baker and Aldo Sesia

Following a successful model in Europe, JP Morgan has introduced a set of five U.S. retail mutual funds with an investment philosophy and marketing strategy grounded in behavioral finance. The asset management group believes that understanding investor biases like... View Details

Keywords: Banks and Banking; Investment Funds; Behavioral Finance; Competitive Advantage; Asset Management; Marketing Strategy; Product Marketing; Customer Focus and Relationships; Banking Industry; Financial Services Industry; United States; Europe

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06 Mar 2018
First Look

First Look at Research and Ideas, March 6, 2018

had considered the potential downsides of agencies relying too heavily on NYC311 data or on its predictive power. In the sheer volume of the data and its potential to enable a new approach to city services, were View Details

Keywords: Sean Silverthorne

05 Dec 2017
First Look

First Look at New Research and Ideas, December 5, 2017

corporate finance research. But due to the complexities of patent data collection and the changing spatial and industry composition of innovative firms, biases may be... View Details

Keywords: Sean Silverthorne

2013
Book

Judgment in Managerial Decision Making

By: Max Bazerman and Don A. Moore

Is your judgment influenced by personal biases? In situations requiring careful judgment, we're all influenced by our own biases to some extent. But, with Judgment in Managerial Decision Making, you can learn how to overcome those biases to make better... View Details

Keywords: Decision Choices and Conditions; Judgments; Management Practices and Processes; Management Skills; Managerial Roles; Performance Improvement; Prejudice and Bias

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31 Jul 2014
Research & Ideas

A Scholarly Crowd Explores Crowdsourcing

spectrum, self-correcting to neutral bias only after hundreds if not thousands of revisions over long periods of time. Their paper, still in development, is titled Does Collective Intelligence Create More Biases Than Experts? Evidence... View Details

Keywords: by Sean Silverthorne

Web

Guiding Principles for Conscious and Inclusive Description | Baker Library

descriptions when we become aware of issues or omissions.For materials housed in folders or other items such as photographs and audiovisual materials, staff retain the creators’ own descriptive language, even if it reflects inherent View Details

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Leadership, Ethics, and Corporate Accountability Course | HBS Online

Exercises Analyze your biases and reflect on past decisions to help identify problem areas Consider how employee rights factor into firing decisions Identify three types of fairness in employee-employer... View Details

24 Aug 2015
News

What Facebook’s Anti-Bias Training Program Gets Right

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

2017
Working Paper

Inventory Management for Mobile Money Agents in the Developing World

By: Karthik Balasubramanian, David F. Drake and Douglas Fearing

Mobile money systems, platforms built and managed by mobile network operators to allow money to be stored as digital currency, have burgeoned in the developing world as a mechanism to transfer money electronically. Mobile money agents exchange cash for electronic value... View Details

Keywords: Currency; Mobile Technology; Market Platforms; Developing Countries and Economies

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