Was Policy Failure behind China's Great Famine?
A rigid central planning policy, rather than poor weather and low farm yields, may be the principal cause of wide-scale starvation that hit China in the mid-twentieth century.
Are Watchdogs Corrupt, or Just Biased?
Regulatory agencies favor firms that have good reputations.
The Upside of the Sliding Scale
Rich and poor alike — even those who pay the highest prices — can be better off when pharmaceutical firms serve different markets at different rates.
Shifting Out of Neutral
Game theory shows how flexibility on net neutrality principles could benefit consumers, ISPs, and content providers.
Risky Incentives and Executive Pay
Equity-based pay is standard in many industries, but in banking the practice ratchets up risk taking and increases the likelihood of default.
The Mismeasure of Mispricing: The Case of Customer Satisfaction
New research from Natalie Mizik dismantles the notion that the stock market undervalues firms that earn high marks from consumers.
Forecasting Uncertainty
New research from Maxim Ulrich shows that inflation uncertainty impacts bond prices and yields more dramatically than GDP uncertainty.
How Do Business Groups Form and Evolve?
New metrics provide a way to measure the growth and evolution of complex business groups.
Revenue Management with Costly Price Adjustments
Determine when making price changes will — and won’t — pay off.