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A look at some other recent faculty research
- Dean Emeritus Michael Spence tells the Daily Telegraph: "We've turned a corner, but there are still roadblocks.
- Bulow and Klemperer: Reorganizing the Banks: Focus on Liabilities, Not the Assets
- Burgelman and Grove:
U.S. Dependence on Oil in 2008:
Facts, Figures and Context - Nagel: Depression Babies: How Our Economic Experiences
Affect Investment Behavior - Larcker: How Good Are Commercial Corporate Governance Ratings?
- Krehbiel: Demystifying the Implications of U.S. Supreme Court Appointments
Faculty News and Research
Michael Harrison Named 2009 Davis Award Recipient 
J. Michael Harrison, an operations researcher who admits "I live in a pretty abstract world," is the 2009 recipient of the Robert T. Davis Award, presented by the Stanford Business School deans to recognize a colleague for a lifetime of service and achievement.
A Central Clearing House Doesn’t Reduce Derivative Risk
A plan by global financial regulators to fix the mess created by the misuse of credit default swaps is flawed, says Darrell Duffie, professor of finance at the Stanford Graduate School of Business.
Faculty Research
Are Wall Street Careers Just the Luck of the Draw?
The proportion of graduating MBAs hired into lucrative investment banking positions shrinks or expands depending on how well the stock market is performing, yet this bit of happenstance can have a dramatic effect on lifetime earnings, says Business School professor Paul Oyer.
Marketing Obama's Stimulus Package: It Depends
Obama's political strategists might have gotten an even bigger stimulus package if they had relied less on Democratic Party lawmakers to sell it. Or, taking another tack, they could have gotten more Republican support by not blaming that party for the financial crisis and by being more alarmist about the consequences, say researchers Neil Malhotra and Yotam Margalit.
It Really IS The Thought That C
ounts
When it comes to putting out money for gifts, less may well be more. Researchers say that although most gift givers assume that a more expensive present will be more appreciated, receivers don't appreciate expensive gifts that much more.
Honors and Awards
Six Faculty Named to Endowed Chairs
Six Business School professors have been honored with new endowed chair titles. Honored with new academic titles are Professors Anat Admati, Jonathan Berk, Charles Jones, Dale Miller, Jesper Sørensen, and Sarah Soule.
Wein Honored for Engineering Contributions
Five Stanford University faculty, including Lawrence Wein of the Business School, have been elected to the National Academy of Engineering.
UK's Lancaster University Honors Barth for Accounting Contributions
Business School accounting professor Mary Barth is described as an "international standard setter" by the Lancaster University Management School which has presented her with an honorary degree recognizing her service to the profession.
Other News
Transportation Scholar
Gayton Germa
ne Remembered
Emeritus professor Gayton Germane —who in the 1950s founded one of the School's first executive education programs and 30 years later pioneered an MBA course, The Commercial Development of Space — died January 17 of pneumonia. He was 88.
Reflections on a Meaningful Life
George Shultz recounted his experiences as a college football player, an economist, a Marine during World War II, a secretary of labor and the treasury in the Nixon administration and President Reagan's secretary of state during Harry’s Last Lecture, reflecting on leading a meaningful life. The endowed lecture honors legendary Business School Professor Harry Rathbun whose last lecture each year drew student crowds. [Includes Video]