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Journal Articles

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

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

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Journal Article

High-Performing Primary Care Clinics Across High-Need, High-Cost Medicare Populations

Adam L. Beckman, Maike Tietschert, Andrew Old, E. John Orav, Sara Singer, Jose F. Figueroa
BMJ Open Quality July252023 Vol. 12 Issue 3

To reduce spending and improve quality, some primary care clinics in the USA have focused on high-need, high-cost (HNHC) Medicare beneficiaries, which include clinically distinct subpopulations: older adults with frailty, adults under 65 years…

Journal Article

Rethinking Health and Health Care: How Clinicians and Practice Groups Can Better Promote Whole Health and Well-Being for People and Communities

Alex H. Krist, Jeannette E. South Paul , Shawna V. Hudson, Marc Meisnere, Sara Singer, Harold Kudler
Medical Clinics of North America July232023 Vol. 107 Issue 6 Pages 1121–1144.

A new National Academies of Sciences, Engineering, and Medicine report, “Achieving Whole Health: A New Approach for Veterans and the Nation,” redefines what it means to be healthy and creates a roadmap for health systems, including the Veterans…

Journal Article

Corporate Carbon Reporting: Improving Transparency and Accountability

Stephen Comello, Julia Reichelstein, Stefan J. Reichelstein
One Earth July212023 Vol. 6 Issue 7 Pages 803–810.

Numerous multinational firms have recently pledged to reduce their greenhouse gas emissions to a net-zero position by the year 2050. These pledges currently lack a unified measurement and reporting structure, leaving the public unsure about the…

Journal Article

Advertising as Information for Ranking E-Commerce Search Listings

Joonhyuk Yang, Navdeep S. Sahni, Harikesh S. Nair, Xi Xiong
Marketing Science July2023

Search engines and e-commerce platforms have substantial difficulty exposing new products to their users on account of an information problem: new products typically do not have enough sales or other user engagement that enables platforms to…

Journal Article

An Option-Based Approach to Measuring Disclosure Asymmetry

Kevin Smith
The Accounting Review July2023 Vol. 98 Issue 4 Pages 373–403.

In this paper, I develop a measure of the difference in the amount of information that investors expect a forthcoming disclosure to contain should it reveal good news versus bad news (the disclosure’s “asymmetry”). To do so, I first show that…

Journal Article

Applications of the Levelized Cost Concept

Gunther Friedl, Stefan J. Reichelstein, Amadeus Bach, Maximilian Blaschke, Lukas Kemmer
Journal of Business Economics July2023 Vol. 93 Pages 1125–1148.

Levelized cost is a life-cycle cost measure that aggregates investment expenditures and operating costs into a unit cost figure. So far, most applications of this concept have originated in relation to energy technologies. This paper describes…

Journal Article

Asymmetric Ideological Segregation in Exposure to Political News on Facebook

Sandra González-Bailón, David Lazer, Pablo Barberá, Meiqing Zhang, Hunt Allcott, Taylor Brown, Adriana Crespo-Tenorio, Deen Freelon, Andrew M. Guess, Shanto Iyengar, Young Mie Kim, Neil Malhotra, Devra Moehler, Brendan Nyhan, Jennifer Pan, Carlos Velasco Rivera, Jaime Settle, Emily Thorson, Rebekah Tromble, Arjun Wilkins, Magdalena Wojcieszak, Chad Kiewiet de Jonge, Annie Franco, Winter Mason, Natalie Jomini Stroud, Joshua A. Tucker
Science July2023 Vol. 381 Issue 6656 Pages 392–398.

Does Facebook enable ideological segregation in political news consumption? We analyzed exposure to news during the US 2020 election using aggregated data for 208 million US Facebook users. We compared the inventory of all political news that…

Journal Article

Bankruptcy in Groups

William H. Beaver (1940–2024), Stefano Cascino, Maria Correia, Maureen McNichols
Review of Accounting Studies July2023

We examine bankruptcy within business groups. Groups have incentives to support financially distressed subsidiaries, as the bankruptcy of a subsidiary may impose severe costs on the group as a whole. This is in part because, in several…

Working Paper

Decomposing Changes in the Gender Wage Gap over Worker Careers

Keyon Vafa, Susan Athey, David M. Blei
July2023

A large literature in labor economics seeks to decompose observed gender wage gaps (GWGs) into different sources, including portions explained by cross-gender differences in education, occupation, and experience. This paper provides new methods…

Working Paper

Digital Traffic, Financial Performance, and Stock Valuation

Christopher S. Armstrong, Yaniv Konchitchki, Biwen Zhang
July2023

[Preparing for third round review at The Accounting Review.]

We examine the economic implications of digital traffic. 

 

Journal Article

Enabling System Functionalities of Primary Care Practices for Team Dynamics in Transformation to Team-Based Care: A Qualitative Comparative Analysis (QCA)

Lingrui Liu, Alyna T. Chien , Sara Singer
Healthcare July2023 Vol. 11 Issue 14

Team-based primary care has been shown to be an important initiative for transforming primary care to achieve whole-person care, enhance health equity, and reduce provider burnout. Organizational approaches have been explored to better implement…

Journal Article

Experimental Evidence for Structured Information-Sharing Networks Reducing Medical Errors

Damon Centola, Joshua Becker, Jingwen Zhang, Jaya Aysola, Douglas R. Guilbeault, Elaine Khoong
Proceedings of the National Academy of Sciences July2023 Vol. 120 Issue 31

Errors in clinical decision-making are disturbingly common. Recent studies have found that 10 to 15% of all clinical decisions regarding diagnoses and treatment are inaccurate. Here, we experimentally study the ability of structured information–…

Journal Article

Heroes and Villains: The Effects of Heroism on Autocratic Values and Nazi Collaboration in France

Julia Cagé, Pauline Grosjean, Saumitra Jha
American Economic Review July2023 Vol. 113 Issue 7 Pages 1888–1932.

We measure how a network of heroes can legitimize and diffuse extreme political behaviors. We exploit newly-declassified intelligence files, novel voting data and regimental histories to show that home municipalities of French line regiments…

Journal Article

How Do Social Media Feed Algorithms Affect Attitudes and Behavior in an Election Campaign?

Andrew M. Guess, Neil Malhotra, Jennifer Pan, Pablo Barberá, Hunt Allcott, Taylor Brown, Adriana Crespo-Tenorio, Drew Dimmery, Deen Freelon, Sandra González-Bailón, Edward Kennedy, Young Mie Kim, David Lazer, Devra Moehler, Brendan Nyhan, Carlos Velasco Rivera, Jaime Settle, Daniel Robert Thomas, Emily Thorson, Rebekah Tromble, Arjun Wilkins, Magdalena Wojcieszak, Beixian Xiong, Chad Kiewiet de Jonge, Annie Franco, Winter Mason, Natalie Jomini Stroud, Joshua A. Tucker
Science July2023 Vol. 381 Issue 6656 Pages 398–404.

We investigated the effects of Facebook’s and Instagram’s feed algorithms during the 2020 US election. We assigned a sample of consenting users to reverse-chronologically-ordered feeds instead of the default algorithms. Moving users out of…

Journal Article

Ideas from the Frontline: Improvement Opportunities in Federally Qualified Health Centers

Olivia S. Jung, Fahima Begum, Andrea Dorbu, Sara Singer, Patricia Satterstrom
Journal of General Internal Medicine July2023 Vol. 38 Pages 2888–2897.

Background

Engaging frontline clinicians and staff in quality improvement is a promising bottom-up approach to transforming primary care practices. This may be especially true in federally qualified health centers (FQHCs) and similar…

Journal Article

Ideological Competition

Federica Izzo, Gregory J. Martin, Steven Callander
American Journal of Political Science July2023 Vol. 67 Issue 3 Pages 687–700.

We propose a model of political competition not over policy programs, but over ideologies: models of the world that organize voters’ experiences and guide the inferences they draw from observed outcomes. Policy-motivated political parties develop…

Journal Article

Improving Match Rates in Dating Markets Through Assortment Optimization

Ignacio Rios, Daniela Saban, Fanyin Zhen
Manufacturing & Service Operations Management July2023 Vol. 25 Issue 4 Pages 1304–1323.

Problem definition: We study how online platforms can leverage the behavioral considerations of their users to improve their assortment decisions. Motivated by our collaboration with a dating company, we study how a platform…

Journal Article

Like-Minded Sources on Facebook Are Prevalent but Not Polarizing

Brendan Nyhan, Jaime Settle, Emily Thorson, Magdalena Wojcieszak, Pablo Barberá, Annie Y. Chen, Hunt Allcott, Taylor Brown, Adriana Crespo-Tenorio, Drew Dimmery, Deen Freelon, Sandra González-Bailón, Andrew M. Guess, Edward Kennedy, Young Mie Kim, David Lazer, Neil Malhotra, Devra Moehler, Jennifer Pan, Daniel Robert Thomas, Rebekah Tromble, Carlos Velasco Rivera, Arjun Wilkins, Beixian Xiong, Chad Kiewiet de Jonge, Annie Franco, Winter Mason, Natalie Jomini Stroud, Joshua A. Tucker
Nature July2023 Vol. 620 Pages 137–144.

Many critics raise concerns about the prevalence of ‘echo chambers’ on social media and their potential role in increasing political polarization. However, the lack of available data and the challenges of conducting large-scale field experiments…

Journal Article

On the Disclosure of Half-Truths and the Duty to Update

Anne Beyer, Ronald A. Dye
Management Science July2023 Vol. 69 Issue 7 Pages 3759–4361.

We develop a model of a manager’s equilibrium voluntary disclosure policy to study how that policy changes depending on whether the manager is prohibited from disclosing, or allowed to disclose, a half-truth; we also examine how the disclosure…

Journal Article

Optimal Corporate Taxation Under Financial Frictions

Eduardo Davila, Benjamin Hébert
The Review of Economic Studies July2023 Vol. 90 Issue 4 Pages 1893–1933.

This paper studies the optimal design of corporate taxes when firms have private information about future investment opportunities and face financial constraints. A government whose goal is to efficiently raise a given amount of revenue from its…