Publications

Problem definition: We consider the mechanism design problem of finding an optimal pay-as-bid mechanism in which the platform chooses an assortment of suppliers in order to balance the trade-off between two objectives: providing enough variety to…

The present research compares the influence of diversity ideologies on race and gender relations. In contrast to research suggesting that an identity-aware ideology (i.e.,…

Policy outcomes are determined not by the words in a statute but by the actions induced in response. Whether a policy succeeds or fails depends on how policy shapes behavior and how that behavior, in turn, shapes the future course of policy. To…

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 the …

Theory of mind (ToM), or the ability to impute unobservable mental states to others, is central to human social interactions, communication, empathy, self-consciousness, and morality. We tested several language models using 40 classic false-…

Firms have ever-increasing access to consumer data, which they use to personalize their advertising and to price discriminate. This raises privacy concerns. Policymakers have argued in response that consumers should be given control over their…

Predicted stock issuers (PSIs) are firms with expected high-investment and low-profit profiles that earn extremely low returns. We evaluate alternative explanations for this empirical phenomenon. Our results show top-PSI firms are cash-…

The debate about the best way to lead has been raging for years: Should you empower your people and get out of their way, or take charge and push them to do great work? The answer, say the authors, is to do both. Their research shows…

To what extent can the values of nations be reshaped by heroes? We measure how an exogenous network of heroic individuals helped undermine democratic values and diffused support for…

How do artists respond to status-shifting awards? In examining this question, we focus on the consequences of winning a major Grammy, a high-profile honor in the music recording industry. Using a neural learning approach,…

This is the eighth annual State of Latino Entrepreneurship report collecting data from Latino-owned businesses, the fastest growing segment of the U.S. business population. This year, we administered a national survey to more than 10,000 U.S.…

In this paper, we develop an inferential method based on conformal prediction, which can wrap around any survival prediction algorithm to produce calibrated, covariate-dependent lower predictive bounds on survival times. In the Type I right-…

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…

Contextual bandit algorithms often estimate reward models to inform decision-making. However, true rewards can contain action-independent redundancies that are not relevant for decision-making. We show it is more data-efficient to estimate any…

This research explores the concept of gender relativism, whereby “gender”-or what is seen as “male” and “female”-changes as a function of context. Seven studies find that people attach gender to seemingly “gender-neutral” stimuli-bifurcating…

For individuals who take on the responsibility of caring for another person due to illness, disability, or declining abilities, it can often be challenging, lonely, costly, and exhausting. As the United States continues to address the…

The problem of how to genetically modify cells in order to maximize a certain cellular phenotype has taken center stage in drug development over the last few years (with, for example, genetically edited CAR-T, CAR-NK, and CAR-NKT cells entering…

Open banking facilitates data sharing consented to by customers who generate the data, with the regulatory goal of promoting competition between traditional banks and challenger fintech entrants. We study lending market competition when sharing…