Publications

Information distortion and incentive misalignment often undermine supply chain performance. In response, many firms adopt a “control tower” approach, whereby one party assumes responsibility for replenishment decisions across the supply chain.…

We study frictions in dealer intermediation in durable goods markets using iBuyers, technology-driven intermediaries providing liquidity through rapid algorithmic transactions. iBuyers earn positive spreads, bypass slow bilateral search, but…

In his seminal 1923 work, Neyman studied the variance estimation problem for the difference-in-means estimator of the average treatment effect in completely randomized experiments. He proposed a variance estimator that is conservative in general…

We examine how organizational culture influenced firms’ financial resilience during the COVID-19 pandemic. To investigate the relationship between culture, culture change, and financial resilience in the context of a widespread exogeneous crisis…

Criminal prosecutors wield tremendous power in the American legal system. However, their ability to direct prosecution against criminal suspects relies on coordination with the police who investigate crimes and make arrests. That relationship has…

Silicone drug delivery implants are widely used, but their fabrication often relies on non‑standardized, empirically tuned protocols that limit reproducibility and transfer across labs. Here, we present a reproducible and generalizable…

We establish a formal connection between the decades-old surrogate outcome model in biostatistics and economics and the emerging field of prediction-powered inference. The connection treats predictions from pre-trained models, prevalent in the…

Financial literacy has been measured systematically in the USA for more than two decades, beginning with the development of the Big Three financial literacy questions on compound interest, inflation, and risk diversification. This article reviews…

This paper studies alternative empirical strategies for testing for complementarity in organizational design. We study a model where firms choose whether or not to adopt multiple organizational practices, and these choices interact to determine…

Confidence in the conduct and results of American elections has declined and polarized along party lines in recent years. Can a nonpartisan public information campaign featuring election officials enhance trust in elections when delivered to…

The traditional approach to climate policy is to regulate the demand side, for example through an emissions fee. Supply-side regulation has received less attention. The two instruments are perfect substitutes in the first best but we show that…

In the summer of 2026, the Stanford Graduate School of Business, the Rock Center for Corporate Governance at Stanford University, and the Governance of Organizations Working Group at the Hoover Institution at Stanford University jointly conducted…

Accounting research has long centered on executives and directors as drivers of the corporate information environment; recent work considers the rank-and-file employees who also drive it. We survey the growing literature at the intersection of…

Jae Chung, Yu Ding, and Ajay Kalra reveal how personal storytelling, social connections, and emotional expression on social media can dramatically boost audience engagement, increasing viewer’s interactions and their perception of influencers as…

This article surveys recent theoretical and empirical advancements on the impact of interest rates on bank valuations and stability—two crucial concerns for financial researchers, policy makers, and regulators. We begin by highlighting the…

We praise the performance of virtuous acts (e.g., composting) and condemn the failure to perform dutiful ones (e.g., littering). Importantly, however, moral acts may contain elements of both virtue and duty. Composting elicits praise, but not…

Objective

To estimate the extent to which Medicare Advantage (MA) plans underestimate risk, the additional Part A and Part B (A&B) revenue insurers receive as a result, and how this differs across…

One component of a brand’s identity is its slogan, and an important desideratum for the slogan is that it is memorable. The authors develop predictive models of how well a slogan is remembered and to what extent it cues its brand. To do so, they…

Importance: Surgical comanagement (SCM) is an evidence-based care model in which hospitalists jointly manage medically complex perioperative patients alongside surgical teams. Despite its clinical and financial value, effective…

In the United States, spending on political campaigns has surged dramatically. This article introduces and examines “party-defiance ads,” a novel and increasingly common type of political advertisement in which candidates criticize their own…