Linear Decision Rule - Publications - Faculty & Research

15 Jun 2012
Working Paper Summaries

Reaching for Yield in the Bond Market

Keywords: by Bo Becker & Victoria Ivashina

09 May 2012
Research & Ideas

Clayton Christensen’s “How Will You Measure Your Life?”

is taught in every fundamental course in finance and economics. That is, in evaluating alternative investments, we should ignore sunk and fixed costs, and instead base decisions on the marginal costs and revenues that each alternative... View Details

02 Jan 2024
Research & Ideas

10 Trends to Watch in 2024

The lightning-fast ascent of generative AI isn’t the only sea change on the horizon for businesses in the new year. The global economy is in flux as war, climate change, trade issues, and infrastructure problems demand attention. Many companies continue to struggle to... View Details

Keywords: by Rachel Layne

20 Nov 2012
Working Paper Summaries

Pay Harmony: Peer Comparison and Executive Compensation

Keywords: by Claudine Gartenberg & Julie Wulf

11 Mar 2008
First Look

First Look: March 11, 2008

are crucial to understanding Mexico's current economic and political challenges. Why did the opening up of the economy to foreign trade and investment not result in sustained economic growth? Why has electoral democracy not produced rule... View Details

Keywords: Martha Lagace

2002
Other Unpublished Work

Market Liquidity as a Sentiment Indicator

By: Malcolm Baker and Jeremy Stein

We build a model that helps to explain why increases in liquidity—such as lower bid–ask spreads, a lower price impact of trade, or higher turnover—predict lower subsequent returns in both firm-level and aggregate data. The model features a class of irrational... View Details

Keywords: Price; Financial Liquidity; Trade; Valuation; Markets; Forecasting and Prediction; Equity; Stock Shares; Investment Return

Citation

Read Now

23 Sep 2008
First Look

First Look: September 23, 2008

or more intermediaries, that encompasses infrastructure and rules required by users to transact with each other. A fundamental design decision for firms that aspire to develop platform-mediated networks is... View Details

Keywords: Martha Lagace

16 Jun 2015
First Look

First Look: June 16, 2015

Abstract—Under fairly general assumptions, expected stock returns are a linear combination of two firm fundamentals-book-to-market ratio and return on equity. This parsimonious relation is pervasive, producing expected return proxies... View Details

Keywords: Sean Silverthorne

25 Aug 2015
First Look

First Look Tuesday

decades about how and why people make the moral decisions they do. In this review, we explain how intuition, affect, physiology, and identity support and inform more deliberative reasoning process in the construction and enactment of... View Details

20 Jun 2023
Research & Ideas

Looking to Leave a Mark? Memorable Leaders Don't Just Spout Statistics, They Tell Stories

they should keep in mind: Stories are resilient. A well-told story or anecdote leaves a lasting impression. A rule of thumb is that if you want your audience to remember a particular fact or piece of information for more than a day, then... View Details

Keywords: by Scott Van Voorhis

17 Aug 2020
Research & Ideas

What the Stockdale Paradox Tells Us About Crisis Leadership

describes a world economy increasingly integrated under a common set of rules and principles.” wrote Ian Bremmer, president and founder of Eurasia Group, in a personal correspondence. “We’re now experiencing the beginnings of an unwind,... View Details

Keywords: by Boris Groysberg and Robin Abrahams

29 Aug 2011
Research & Ideas

Decoding Insider Information and Other Secrets of Old School Chums

spent several years unlocking the power of school ties, studying how these social connections affect important decisions and, ultimately, help shape the economy. Their research shows that it's possible to make better stock picks simply by... View Details

Keywords: by Carmen Nobel; Financial Services

02 Aug 2006
Research & Ideas

Investor Protection: The Czech Experience

think hard about partner selection, deal structuring, and operational decisions when expropriation is a key risk. Second, it's an instructive example for economics and legal scholars who have begun to emphasize the role of institutions in... View Details

Keywords: by Martha Lagace; Media & Broadcasting; Entertainment & Recreation

26 Apr 2024
HBS Case

Deion Sanders' Prime Lessons for Leading a Team to Victory

taking confident, decisive action can make the difference between winning and losing. Despite getting criticism, Sanders believed in his plan and was able to create a winning team by creatively taking advantage of the View Details

Keywords: by Avery Forman; Sports

Web

Curriculum - Case Method Project

theories; majority rule vs. tyranny of the majority; dangers of small republics; “expanding the sphere”; the Constitutional Convention; origins of American federalism, Articles I-III of the U.S. Constitution In Detail: Debt and Paper... View Details

Web

Finance - Faculty & Research

improves self-reported fertilizer management practices, though not enough to measurably affect yields. Satellite measurements calibrated using OLS produce more precise point estimates than farmer-reported data, suggesting power gains. However, View Details

Web

South Asia - Global

groundbreaking $1 billion restructuring deal, highlighting the team's numerous critical strategic decisions to accomplish this remarkable feat. Alisha Moopen, managing director of Aster DM Healthcare, also joined to share firsthand... View Details

14 Feb 2012
First Look

First Look: February 14

Publication:Social Choice and Welfare (forthcoming) Abstract We take a decision theoretic approach to the classic social choice problem, using data on the frequency of choice problems to compute social choice functions. We define a family... View Details

Keywords: Carmen Nobel

Web

Research Areas - Doctoral

origins of today’s business environment as well as some of the alternatives that have emerged from time to time; and study other countries’ business environments and their historical development. This group of scholars is deeply interested in the impact of... View Details

26 Apr 2023
In Practice

Is AI Coming for Your Job?

that they understand how to use cognitive AI to transform their operations, the impact on workers promises to be dramatic. White-collar workers whose job security was founded on their knowledge of complex processes and ability to integrate information from various... View Details

Keywords: by Kristen Senz; Technology

Publications