Publications

We derive a new cost of information in rational inattention problems, the neighborhood-based cost functions, starting from the observation that many settings involve exogenous states with a topological structure. These cost functions are…

I study the first modern global banking crisis that began in London in 1866 and provide causal evidence that financial sector disruptions can reshape international trade patterns for decades. Using newly collected archival loan records that link…

The growth of the “gig” economy generates worker flexibility that, some have speculated, will favor women. We explore this by examining labour supply choices and earnings among more than a million rideshare drivers on Uber in the U.S. We document…

Memory is a crucial component of everyday decision making, yet little is known about how memory and choice processes interact and whether or not established memory regularities persist during memory-based decision making. In this paper, we…

Little is known about how integrating peers into frontline staff might improve the quality of inpatient psychiatric care. In the current study, we interviewed 18 former adult patients of inpatient psychiatric facilities using semi-structured…

Research has shown that a leader’s personality can affect organizational culture. We focus on leader narcissism and examine how it affects two specific organizational culture dimensions — collaboration and integrity. In two field studies and…

We find that financial reporting spurs consumer behavior. Using granular GPS data, we find that foot-traffic to firms’ commerce locations significantly increases in the days following their earnings announcements. Foot-traffic increases more for…

Across the millennia, human groups have evolved specific cultural and psychological adaptations to cope with collective threats, from terrorism to natural disasters to pathogens. In particular, research has identified cultural tightness,…

Anecdotes abound suggesting that the use of predictive analytics boosts firm performance. However, large-scale representative data on this phenomenon have been lacking. Working with the Census Bureau, we surveyed over 30,000 American…

In The Impact of IP Box Regimes on the M&A Market, Bradley, Robinson, and Ruf (2021) study whether and to what extent tax incentives for intellectual property affect corporate M&A investment activity. The paper finds that a…

In this Closer Look, we examine the General Counsel perspective of Environmental, Social, and Governance matters. General Counsel offer an interesting perspective because they are charged with advising boards and companies on operating between…

The pace of the global decarbonization process is widely believed to hinge on the rate of cost improvements for clean energy technologies, in particular renewable power and energy storage. This paper adopts the classical learning-by-doing…

Health care organizations are integrating a variety of machine learning (ML)-based clinical decision support (CDS) tools into their operations, but practitioners lack clear guidance regarding how to implement these tools so that they assist end…

Kidney failure is a worldwide scourge, made more lethal by the shortage of transplants. We propose a way to organize kidney exchange chains internationally between middle-income countries with financial barriers to transplantation and high-income…

We develop new semiparametric methods for estimating treatment effects. We focus on a setting where the outcome distributions may be thick tailed, where treatment effects are small, where sample sizes are large and where assignment is completely…

The global scale and unpredictable nature of the current COVID-19 pandemic have put a significant burden on health care and public health leaders, for whom preparedness plans and evidence-based guidelines have proven insufficient to guide actions…

Federal investment in emergency preparedness has increased notably since the 9/11 attacks, yet it is unclear if and how US hospital readiness has changed in the 20 years since then. In particular, understanding effective aspects of hospital…

This paper evaluates the role of accrual accounting in improving firms’ production decisions and resource allocation across firms. I introduce two imperfect firm‐performance measures, cash flows and accounting earnings, into a general equilibrium…

Civilian casualties occur during military attacks. Such ‘collateral damage’ is prohibited by international laws but increases with substantial consequences when intergroup conflict escalates. Here, we investigate cognitive and neural bases of…