Publications

We empower faculty to design and discover original research that challenges conventions and creates breakthroughs that push boundaries of knowledge.

Publication Types

Journal Articles

View peer-reviewed research by Stanford GSB faculty, published in leading journals across the business disciplines.

Books

View books written or edited by Stanford GSB faculty, from textbooks to books for a wider audience.

Working Papers

View scholarly works-in-progress by Stanford GSB faculty, which often appear in final form in academic journals.

Case Studies

View abstract and ordering information for case studies written and published by faculty at Stanford GSB.

Browse Publications

Publication Search
Publication Type
Academic Area
Results for
Journal Article

Election-Denying Republican Candidates Underperformed in the 2022 Midterms

Janet Malzahn, Andrew B. Hall
American Political Science Review October2024

We combine newly collected election data with records of public denials of the results of the 2020 election to estimate the degree to which election-denying Republican candidates for senator, governor, secretary of state, and attorney general…

Journal Article

Evaluating Large Language Models in Theory of Mind Tasks

Michal Kosinski
Proceedings of the National Academy of Sciences October2024 Vol. 121 Issue 45

Eleven large language models (LLMs) were assessed using 40 bespoke false-belief tasks, considered a gold standard in testing theory of mind (ToM) in humans. Each task included a false-belief scenario, three closely matched true-belief control…

Journal Article

Evaluating Treatment Prioritization Rules via Rank-Weighted Average Treatment Effects

Steve Yadlowsky, Scott Fleming, Nigam Shah, Emma Brunskill, Stefan Wager
Journal of the American Statistical Association October2024

There are a number of available methods for selecting whom to prioritize for treatment, including ones based on treatment effect estimation, risk scoring, and hand-crafted rules. We propose rank-weighted average treatment effect (RATE) metrics as…

Journal Article

Exposure to the Views of Opposing Others with Latent Cognitive Differences Results in Social Influence — But Only When Those Differences Remain Obscured

Douglas R. Guilbeault, Austin van Loon, Katharina Lix, Amir Goldberg, Sameer B. Srivastava
Management Science October2024 Vol. 70 Issue 10 Pages 6483–7343.

Cognitive differences can catalyze social learning through the process of one-to-one social influence. Yet the learning benefits of exposure to the ideas of cognitively dissimilar others often fail to materialize. Why do cognitive differences…

Journal Article

Facial Recognition Technology and Human Raters Can Predict Political Orientation From Images of Expressionless Faces Even When Controlling for Demographics and Self-Presentation

Michal Kosinski, Poruz Khambatta, Yilun Wang
American Psychologist October2024 Vol. 79 Issue 7 Pages 942–955.

Carefully standardized facial images of 591 participants were taken in the laboratory while controlling for self-presentation, facial expression, head orientation, and image properties. They were presented to human raters and a facial recognition…

Working Paper

Federated Offline Policy Learning

Aldo Gael Carranza, Susan Athey
October2024

We consider the problem of learning personalized decision policies from observational bandit feedback data across multiple heterogeneous data sources. In our approach, we introduce a novel regret analysis that establishes finite-sample upper…

Journal Article

Fixed Effects and the Generalized Mundlak Estimator

Dmitry Arkhangelsky, Guido W. Imbens
The Review of Economic Studies October2024 Vol. 91 Issue 5 Pages 2545–2571.

We develop a new approach for estimating average treatment effects in observational studies with unobserved group-level heterogeneity. We consider a general model with group-level unconfoundedness and provide conditions under which aggregate…

Journal Article

How Working from Home Reshapes Cities

Arjun Ramani, Joel Alcedo, Nicholas A. Bloom
Proceedings of the National Academy of Sciences October2024 Vol. 121 Issue 45

In recent decades, economic activity has become increasingly concentrated in major global metropolises. Yet, the rise of working from home threatens this dominance of cities. Using multiple high-frequency datasets on spending, commuting,…

Working Paper

Human Capital Disclosure and Labor Market Outcomes: Evidence from Regulation S-K

Jung Ho Choi, Dan Li, Daniele Macciocchi
October2024

We examine the labor market consequences of the 2020 Regulation S-K requiring human capital disclosure in 10K filings. Using large-sample job-level data, we observe that public firms subject to the regulation increase their disclosure of…

Journal Article

Large Language Models and Humans Converge in Judging Public Figures’ Personalities

Xubo Cao, Michal Kosinski
PNAS Nexus October2024 Vol. 3 Issue 10 Pages 418.

ChatGPT-4 and 600 human raters evaluated 226 public figures’ personalities using the Ten-Item Personality Inventory. The correlation between ChatGPT-4 and aggregate human ratings ranged from r = 0.76 to 0.87, outperforming the models…

Journal Article

Long-Term Causal Inference Under Persistent Confounding via Data Combination

Guido W. Imbens, Nathan Kallus, Xiaojie Mao, Yuhao Wang
Journal of the Royal Statistical Society Series B: Statistical Methodology October2024

We study the identification and estimation of long-term treatment effects by combining short-term experimental data and long-term observational data subject to unobserved confounding. This problem arises often when concerned with long-term…

Journal Article

Qini Curves for Multi-Armed Treatment Rules

Erik Sverdrup, Han Wu, Susan Athey, Stefan Wager
Journal of Computational and Graphical Statistics October2024

Qini curves have emerged as an attractive and popular approach for evaluating the benefit of data-driven targeting rules for treatment allocation. We propose a generalization of the Qini curve to multiple costly treatment arms that quantifies the…

Working Paper

Qini Curves for Multi-Armed Treatment Rules

Erik Sverdrup, Han Wu, Susan Athey, Stefan Wager
October2024

Qini curves have emerged as an attractive and popular approach for evaluating the benefit of data-driven targeting rules for treatment allocation. We propose a generalization of the Qini curve to multiple costly treatment arms that quantifies the…

Working Paper

Robust Offline Policy Learning with Observational Data from Multiple Sources

Aldo Gael Carranza, Susan Athey
October2024

We consider the problem of using observational bandit feedback data from multiple heterogeneous data sources to learn a personalized decision policy that robustly generalizes across diverse target settings. To achieve this, we propose a minimax…

Working Paper

Service Quality on Online Platforms: Empirical Evidence about Driving Quality at Uber

Susan Athey, Juan Camilo Castillo
October2024

Online marketplaces have adopted new quality control mechanisms that can accommodate a flexible pool of providers. In the context of ride-hailing, we measure the effectiveness of these mechanisms, which include ratings, incentives, and behavioral…

Journal Article

Strategy Theory Using Analogy: Rationale, Tools and Examples

Glenn R. Carroll, Jesper B. Sørensen
Strategy Science October2024 Vol. 9 Issue 4 Pages 297–514.

We discuss why analogical reasoning is widely used in strategy formulation, implementation and evaluation despite its assessment by many logicians as a weak form of logical argumentation. Given this popularity, we consider how analogies might be…

Journal Article

Textual Dimensions of Sustainability Information, Stock Price Informativeness, and Proprietary Costs: Evidence from Integrated Reports

Mary E. Barth, Steven F. Cahan, Li Chen, Elmar R. Venter, Ruili Wang
The British Accounting Review October2024 Vol. 57 Issue 3

We examine whether integrated report quality, IRQ, is negatively associated with stock price synchronicity, an inverse measure of firm-specific information, and the extent to which the relation between IRQ and synchronicity is attenuated by…

Working Paper

Transitional Market Dynamics in Complex Environments

C.L. Benkard, P. Jeziorski, Gabriel Weintraub
October2024

This paper presents a new approach to modeling transitional dynamics in dynamic models of imperfect competition, a crucial yet often neglected aspect of empirical models in industrial organization that seek to understand market responses to…

Book Chapter

Using Big Data

Michal Kosinski
Handbook of Social Psychology, 6th Ed Situational Press October2024

Big Data is everywhere. Globally, billions of people use online platforms and digital devices to communicate, socialize, study, shop, and work. In the process, they generate a vast trove of digital footprints, documenting their thoughts, feelings…

Working Paper

What Happens When Anyone Can Be Your Representative? Studying the Use of Liquid Democracy for High-Stakes Decisions in Online Platforms

Andrew B. Hall, Sho Miyazaki
October2024

Since the 19th century, political reformers have proposed broadening civic and corporate governance by allowing voters to delegate to any other voter — sometimes known as liquid democracy. Today, systems like liquid democracy have become an…