Publications

We undertake an assessment of our two decades of research on financial literacy, building on our empirical research and theoretical work casting financial knowledge as a form of investment in human capital. We also draw on recent data to…

We identify and analyze an enigma of U.S. Senate procedure. Why does its pivotal voter under simple-majority voting prefer that the body makes law using super-majority cloture (e.g., the filibuster, or threat thereof, within the strictures of…

How do people establish and maintain cultural fit with an organization? Prior research has offered two perspectives that have heretofore been conceptually disconnected. One focuses on personal values, whereas another emphasizes perceptions of the…

In this Closer Look, we consider current trends in shareholder activism and their potential impact. We examine the introduction of universal proxies, the increase in “activism experience” among directors, and the changing strategies of activists…

Widespread adoption of hydrogen as an energy carrier is widely believed to require continued advances in Power-to-Gas (PtG) technologies. Here we provide a comprehensive assessment of the dynamics of system prices and conversion efficiency for…

Models of agenda setting are central to the analysis of political institutions. Elaborations of the classical agenda‐setting model of Romer–Rosenthal have long been used to make predictions about policy outcomes and the distribution of influence…

A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide will take an in-depth look at Board of Directors.

A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-depth look at CEO compensation.

A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide takes an in-depth look at CEO succession planning.

Cognitive decline may lead older Americans to make poor financial decisions. Preventing poor decisions may require timely transfer of financial control to a reliable agent. Cognitive decline, however, can develop unnoticed, creating the…

A roadmap to understanding the fundamental concepts of corporate governance based on theory, empirical research, and data. This guide will take an in-depth look at shareholders and activism.

The previous expansion of EdTech as a substitute for traditional learning around the world, the recent full-scale substitution due to COVID-19, and potential future shifts to blended approaches suggest that it is imperative to understand input…

I investigate the incentives for investing and operating grid-scale energy storage in electricity markets and the need for policies to complement investments with renewables. I develop a new dynamic equilibrium framework that allows for storage’s…

Like most literatures as they mature, the creativity literature has become — ironically — less creative. We spearheaded this special issue to encourage the bold new ideas we need to revitalize research on creativity in organizations and expand…

Sound logistics services are critical for supporting business-to-consumer cross-border e-commerce (CBEC), given consumers’ expectations for a fast, affordable, and reliable order delivery. Yet fulfilling orders placed by customers located in a…

We explore the evolution of financial innovation, using 24,000 U.S. finance patents applied for and granted over last two decades. Patented financial innovations are substantial and economically important, with annual grants expanding from a few…

Generalized trust is essential for supporting the functioning of modern societies, yet many countries experience limited trust. Given the social, economic, and political benefits of trust, it is crucial to understand how to increase generalized…

We empirically investigate key dynamic features of advertising competition in elections using a new data set of very high-frequency, household-level television viewing matched to campaign advertising exposures. First, we show that exposure to…

We examine the ability of the government to impact mortgage refinancing activity and spur consumption by focusing on the Home Affordable Refinance Program (HARP) that relaxed housing equity constraints by extending government credit guarantee on…

Negotiation is a consequential activity that can exacerbate power differentials, especially for women. While traditional contexts can prime stereotypical gender roles and promote conditions that lead to performance differences, these can be…