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Missing the Forest for the Trees: Modular Search and Systemic Inertia as a Response to Environmental Change
I develop and test a theory that explains why organizations may struggle to adapt in the face of change even when their members are aware of change, are motivated to adapt, and have the resources to do so. I build on complex-systems theory, which…
New York City Metropolitan Area: 2022 Regional Insights on Latino Entrepreneurship
The Stanford Latino Entrepreneurship Initiative surveyed 10,000 employer businesses in 2022 as part of its annual national survey to assess the current state of U.S. Latino entrepreneurship. We have compiled some of the most pressing insights…
Overlap in Meaning Is a Stronger Predictor of Semantic Activation in GPT-3 Than in Humans
Modern large language models generate texts that are virtually indistinguishable from those written by humans and achieve near-human performance in comprehension and reasoning tests. Yet, their complexity makes it difficult to explain and predict…
Reducing Explicit Blatant Dehumanization by Correcting Exaggerated Meta-Perceptions
If explicitly, blatantly dehumanizing a group of people — overtly characterizing them as less than human — facilitates harming them, then reversing this process is paramount. Addressing dehumanization among American political…
San Francisco Bay Area Metropolitan Area: 2022 Regional Insights on Latino Entrepreneurship
The Stanford Latino Entrepreneurship Initiative surveyed 10,000 employer businesses in 2022 as part of its annual national survey to assess the current state of U.S. Latino entrepreneurship. We have compiled some of the most pressing insights…
Self-Essentialist Reasoning Underlies the Similarity-Attraction Effect
We propose that self-essentialist reasoning is a foundational mechanism of the similarity-attraction effect. Our argument is that similarity breeds attraction in two steps: (a) people categorize someone with a shared attribute as a person like me…
Sporting Club Stakeholder Alignment: Key Stakeholder Relationships and their Association with On-The-Field and Off-The-Field Performance
This article probes the relative importance of alignment amongst key stakeholders as one factor in explaining differences in On-The-Field and Off-The-Field performance of professional sporting clubs. Informed by a survey of 130 professional team…
Strategic Behavior with Tight, Loose and Polarized Norms
Descriptive norms — the behavior of other individuals in one’s reference group — play a key role in shaping individual decisions. When characterizing the behavior of others, a standard approach in the literature is to focus on average behavior.…
Strategic Mindsets and Support for Social Change: Impact Mindset Explains Support for Black Lives Matter Across Racial Groups
How does the self-relevance of a social movement shape individuals’ engagement with it? We examined the decision-making processes that underlie support for Black Lives Matter (BLM) among Black, Hispanic, Asian, and White Americans. We find…
Strategically Managing the Business Model Portfolio Trajectory
This article presents a strategic decision-making tool to assist corporate management in analyzing the trajectory of their business model portfolio. The tool provides a robust means of assessing the trajectory of a business model portfolio…
The Effect of Auditory and Visual Recommendations on Choice
We explore the effect of recommendation modality on recommendation adherence. Results from five experiments run on various online platforms (N = 6,103 adults from TurkPrime and Prolific) show that people are more likely to adhere to…
The Effect of Innovation Box Regimes on Investment and Employment Activity
We study whether innovation box tax incentives, which reduce tax rates on innovation-related income, are associated with tax-motivated income shifting, investment, and employment in the countries that implement these regimes. Using a matched…
Using machine learning to uncover the semantics of concepts
We Built This Culture (so We Can Change It): Seven Principles for Intentional Culture Change
Calls for culture change abound. Headlines regularly feature calls to change the “broken” or “toxic” cultures of institutions and organizations, and people debate which norms and practices across society are now defunct. As people blame current…
Who Made This? Algorithms and Authorship Credit
Producers and creators often receive assistance with work from other people. Increasingly, algorithms can provide similar assistance. When algorithms assist or augment producers, does this change individuals’ willingness to…
Computer-aided Detection of Polyps Does Not Improve Colonoscopist Performance in a Pragmatic Implementation Trial
Artificial intelligence (AI), including computer-aided detection (CADe), could revolutionize endoscopy. The adenoma detection rate (ADR) is inversely associated with the risk of postcolonoscopy colorectal cancer. The first CADe device approved in…
Heterogeneous-agent asset pricing: Timing and pricing idiosyncratic risks
This paper studies the importance of idiosyncratic endowment shocks for aggregate asset prices in a generalized continuous-time framework that accommodates both jumps and recursive preferences. I show that, regardless of the presence of jumps,…
Use of Home Pulse Oximetry with Daily Short Message Service Messages for Monitoring Outpatients with COVID-19: The Patient’s Experience
Studies have shown COVID-19 patients may have a low oxygen saturation (SpO2) independent of visible respiratory distress, a phenomenon termed “silent hypoxia.” Silent hypoxia creates uncertainty in the outpatient setting for clinicians and…
Lessons Learned in Implementing a Chronic Opioid Therapy Management System
Opioid misuse has resulted in significant morbidity and mortality in the United States, and safer opioid use represents an important challenge in the primary care setting. This article describes a research collaborative of health service…
Bank Funding Risk, Reference Rates, and Credit Supply
Corporate credit lines are drawn more heavily when funding markets are more stressed. This covariance elevates expected bank funding costs. We show that credit supply is inefficiently dampened by the associated debt-overhang cost to bank…