Publications

The number of people enrolled in consumer-directed health plans (CDHPs) has increased dramatically over the last decade. We reviewed the empirical literature on the effects of CDHPs, which is based on the experience of these plans in the employer…

For more than fifty years, research in political psychology has illuminated the psychological processes underlying important political action, both by ordinary citizens and by political leaders.

And as America has become increasingly…

This handbook provides a comprehensive overview of state-of-the-art, innovative approaches to qualitative research for organizational scholars. Individual chapters in each area are written by experts in a variety of fields, who have contributed…

What determines risk-bearing capacity and the amount of leverage in financial markets? Using unique archival data on collateralized lending, we show that personal experience can affect individual risk-taking and aggregate leverage. When an…

No abstract available.

For policymakers, economics is a useful tool in the development and evaluation of public policy. And like many sciences, economics is evolving to become more interdisciplinary in its approach. Today, economic theory is often used in conjunction…

We extend the Clark-Scarf serial multi-echelon inventory model to include procuring production inputs under short-term take-or-pay contracts at one or more stages. In each period, each such stage has the option to order/process at two different…

Motivated by the recent opening of a public stool bank that enables fecal microbiota transplantation for the treatment of Clostridium difficile infection, we develop and optimize a mathematical model that tracks the flow of stools from donation…

A new class of online services allows Internet media sites to direct users from articles they are currently reading to other content they may be interested in. This process creates a “browsing path” along which there is potential for repeated…

This paper explores firms’ strategic options when their investments are subject to the threat of government expropriation. I develop a simple hold-up model of political risk. In the model, a firm decides whether to invest and then the government…

Social psychologists have long demonstrated that people are stereotyped on the basis of race. Researchers have conducted extensive experimental studies on the negative stereotypes associated with Black Americans in particular. Across 4 studies,…

Implicit theories have great potential relevance to shape theory and research in consumer psychology. Beliefs about the stability or malleability of human characteristics can affect the behaviors of companies and customers alike, including the…

We present the task of predicting individual well-being, as measured by a life satisfaction scale, through the language people use on social media. Well-being, which encompasses much more than emotion and mood, is linked with good mental and…

We present the results of a large field experiment on setting reserve prices in auctions for online advertisements, guided by the theory of optimal auction design suitably adapted to the sponsored search setting. Consistent with the theory,…

The failure of financial regulation can, and did, cause significant harm to the economy. I argue that confusion about the nature of the problems in the financial system and about the trade-offs associated with key regulations has prevented…

This Research Spotlight provides a summary of the academic literature on how shareholder voting on executive compensation plans influences executive pay. It reviews the evidence of:

• The impact of “vote no” campaigns
• The…

This paper presents a theory of the market for activism where citizens fund activists, campaigning activists pressure firms to change their practices, and firms self-regulate to forestall or mitigate campaigns. Activists have leverage because…

Early identification of individuals at risk for chronic diseases is of significant clinical value. Early detection provides the opportunity to slow the pace of a condition, and thus help individuals to improve or maintain their quality of…