Publications

The article discusses how to capture the productivity potential of the COVID-19 pandemic which has triggered technological and organizational innovation. Topics covered include what businesses and governments can do to capitalize on the positive…

Understanding the real reasons why diversity initiatives provoke opposition can help you lead employees through cultural transformation.

On June 3, 2021, the Value Chain Innovation Initiative hosted the executive workshop “Value Chains in a Post-COVID World,” to explore the long-term impacts of the pandemic on companies’ value chains. Examples of topics covered include changes in…

Tractable contextual bandit algorithms often rely on the realizability assumption — i.e., that the true expected reward model belongs to a known class, such as linear functions. In this work, we present a tractable bandit algorithm that is not…

For decades now, venture capitalists have played a crucial role in the economy by financing high-growth start-ups. While the companies they’ve backed—Amazon, Apple, Facebook, Google, and more—are constantly in the headlines, very little is…

Adaptive experiments present a unique opportunity to more rapidly learn which of many treatments work best, evaluate multiple hypotheses, and optimize for several objectives. For example, they can be used to pilot a large number of potential…

In recent decades, global flows of assets and goods have grown rapidly relative to GDP and have shifted aggressively during crises such as the global financial crisis and the current pandemic. Corporations and governments increasingly borrow from…

Computationally efficient contextual bandits are often based on estimating a predictive model of rewards given contexts and arms using past data. However, when the reward model is not well-specified, the bandit algorithm may incur unexpected…

The disproportionate burden of COVID-19 among communities of color and a necessary renewed attention to racial inequalities have lent new urgency to concerns that algorithmic decision-making can lead to unintentional discrimination against…

Conference Paper — 17th International Conference on Web and Internet Economics (WINE)

Online marketplaces allow consumers to evaluate, compare, and purchase products while providing a channel for third-party sellers to reach a broad…

Extensive research on gender and politics indicates that women legislators are more likely to serve on committees and sponsor bills related to so-called “women’s issues.” However, it remains unclear whether this empirical regularity is driven by…

We use nationwide deed-level records on home foreclosures to examine the effects of economic distress on electoral outcomes and individual voter turnout. County-level difference-in-differences estimates show that counties that suffered larger…

Vaccinating the world’s population quickly in a pandemic has enormous health and economic benefits. We analyze the problem faced by governments in determining the scale and structure of procurement for vaccines. We analyze alternative approaches…

Employees’ rising demands for attention to mental health Today’s workforce expects employers to take mental health issues seriously and provide appropriate support and assistance. Current mental health benefits fall short. According to the 2008…

The novel disease caused by the SARS-CoV-2 virus (COVID-19) has been a shock to both our health and wealth, with more than 276,000 dead in the U.S. and economic disruption that some have estimated as high as more than $16 trillion. These…

An internal survey of faculty, staff, and program alumni at Stanford University’s Byers Center for Biodesign revealed some of the same patterns as their industry-wide research on gender bias. While well-intentioned male leaders reported a…

Trade tensions, natural disasters, and the current global pandemic bring with them many challenges. Yet a variety of strategies, technologies, and digital innovations can help companies reduce risk and enhance supply chain resilience and agility…

Safe assets are integral to the functioning of banks, financial markets, and the international financial system. Financial market participants use safe assets to meet liquidity and transaction needs, as high-quality collateral for loans and…

The COVID-19 pandemic has greatly lengthened the list of developing and emerging market economies in debt distress. For some, a crisis is imminent. For many more, only exceptionally low global interest rates may be delaying a reckoning.…

For example, while Microsoft’s shift to virtually 100 percent remote work has resulted in impressive productivity gains, Nadella is wary of “overcelebrating” these new ways of working, and worries about “what is lost” by doing all or most work…