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  • Web

Challenges and Opportunities in the Restaurant Industry - Course Catalog

first job experience in a restaurant. Restaurants have provided significant management and ownership opportunities for women and minorities. Restaurants are also big business. In 2023, US restaurant industry sales exceeded $1 trillion representing a $3 trillion View Details
  • 04 Aug 2009
  • First Look

First Look: August 4

http://www.hbs.edu/research/pdf/10-004.pdf What Should GAAP Look Like? A Survey and Economic Analysis (revised) Authors:S.P. Kothari, Karthik Ramanna, and Douglas J. Skinner Abstract Based on extant literature, we articulate a positive... View Details
Keywords: Martha Lagace
  • 01 Dec 2003
  • News

Can Manufacturing Keep Its Edge?

base. As a result, they get cost savings, and we get sales.” Welcome to the new reality in U.S. manufacturing, where, more than ever, intense foreign competition is driving product and strategy innovations. Even those firms without direct... View Details
Keywords: Julia Hanna; Manufacturing
  • 21 Mar 2004
  • Research & Ideas

Loyalty: Don’t Give Away the Store

written by Lal with HBS colleague David Bell, was published in Quantitative Marketing and Economics last June. Lal discusses his findings with Manda Salls. Salls: Frequent shopper programs have become part of the shopper's landscape. What... View Details
Keywords: by Manda Salls; Consumer Products; Retail
  • 11 Dec 2012
  • First Look

First Look: Dec. 11

conditions. During normal or expansion periods in the economy, the dynamics of cost of capital generate an upward sloping term structure; however, in times of high economic uncertainty, the term structure... View Details
Keywords: Sean Silverthorne
  • 14 Aug 2018
  • First Look

First Look at New Research and Ideas, August 14, 2018

would reduce Shift’s labor per transaction and thereby improve the venture’s unit economics and its scalability, Shift might risk undermining users’ trust by handing off responsibility for critical tasks.... View Details
Keywords: by Sean Silverthorne
  • 17 Apr 2007
  • First Look

First Look: April 17, 2007

that, although misaligned economic incentives can play a role in explaining misalignment of planning behaviors, there is another important issue to consider: in our setting, the key factor that determines whether two functions or firms... View Details
Keywords: Martha Lagace
  • 20 Dec 2006
  • Op-Ed

Investors Hurt by Dual-Track Tax Reporting

developments. Imagine if you were allowed to represent your income on your tax forms and on your mortgage application differently. In a moment of weakness, you might portray your economic situation in two distinct ways. Unlike... View Details
Keywords: by Mihir Desai
  • 19 Mar 2007
  • Research & Ideas

Handicapping the Best Countries for Business

deficit that drives up interest rates. She cares if we have a huge current account deficit and import everything from elsewhere. Her own business might erode to the point of failure. Finally, the American cares because our economic... View Details
Keywords: by Sean Silverthorne
  • 26 Apr 2016
  • First Look

April 26

April 2016 Review of Economic Studies Landing the First Job: The Value of Intermediaries in Online Hiring By: Stanton, Christopher, and Catherine Thomas Abstract—Online markets for remote labor services allow workers and firms to contract... View Details
Keywords: Sean Silverthorne
  • 10 Aug 2010
  • First Look

First Look: August 10

more than twice as likely to be untrustworthy as uncertified sites. This difference remains statistically and economically significant when restricted to "complex" commercial sites. Meanwhile, search engines create an implied... View Details
Keywords: Martha Lagace
  • 31 Jul 2018
  • First Look

New Research and Ideas, July 31, 2018

classical economic model and discussing extensions of the classical model and explanations grounded in behavioral economics that can account for the observed patterns. This part covers five topics:... View Details
Keywords: Dina Gerdeman
  • 10 Mar 2009
  • First Look

First Look: March 10, 2009

boost earnings to meet earnings benchmarks. We estimate that marketing actions can be used to boost quarterly net income by up to 5% depending on the depth and duration of promotion. However, there is a price to pay, with the cost in the... View Details
Keywords: Martha Lagace
  • 01 Jun 2006
  • News

The Baby Business

Spar In her new book, The Baby Business: How Money, Science, and Politics Drive the Commerce of Conception, HBS professor Debora Spar takes an unflinching look at a taboo topic: the myriad kinds of interpersonal arrangements and financial View Details
Keywords: Garry Emmons; Government; Health, Social Assistance
  • 22 Apr 2008
  • First Look

First Look: April 22, 2008

market looked behind "the thin film of gold." Our results point to a dichotomy: whereas country-risk premia fell after gold adoption in developed countries, there were no credibility gains in the volatile economic and political... View Details
Keywords: Martha Lagace
  • 19 Apr 2017
  • News

Chicago Becomes a Hub of Startup Action

position as “capital of the heartland” (making it a magnet for graduates of the Midwest’s top universities), its relatively low cost of living (number 10 in the nation), and its position as a central aviation hub as just a few of the... View Details
Keywords: Julia Hanna; Emmanuel
  • 03 Dec 2008
  • What Do You Think?

Can Housing and Credit be “Nudged” Back to Health?

regulation should be there.... Keeping 'excess' in check is an appropriate response by a civilized society." As Edware Hare put it, "Forget 'nudging.' We need to replace self-indulgence with self-restraint ... better education about View Details
Keywords: by Jim Heskett
  • 23 Aug 2011
  • First Look

First Look: August 23

http://www.amacad.org/publications/Challenges.aspx Advertising, the Matchmaker Authors:Bharat N. Anand and Ron Shachar Publication:RAND Journal of Economics 42, no. 2 (summer 2011) Abstract We empirically study the informational role of... View Details
Keywords: Sean Silverthorne
  • 12 Jan 2004
  • What Do You Think?

How Should We Think About the Exportation of Jobs?

apart" with increased training times and more rapid changes in international job markets, according to Michael Lindsey. "We're headed for a two-tier economic society..." says Mike Dorkoski. While Brad Leach opines,... View Details
Keywords: by James Heskett
  • 01 Dec 2016
  • News

Ask the Expert: Energy’s Next Era

toward renewables, it also moves from variable cost to fixed cost—from an Opex world to a Capex one. How should pricing evolve to reflect a Capex world and induce consumption when energy is abundant and prevent it when it isn’t? —Catarina... View Details