Publications

Policy feedbacks take place when public policies change mass participation and mobilize key constituencies. This can influence future rounds of policymaking and solidify government programs. We explore policy feedback in the context of a…

Understanding how differences in management ‘best practices’ affect organizational outcomes has been a focus of both theoretical and empirical work in the fields of management, sociology, economics, and public policy. The World Management Survey…

One of the hallmarks of the SEC’s investigative process is that it is shrouded in secrecy––only the SEC staff, high-level managers of the company being investigated, and outside counsel are typically aware of active investigations. We obtain…

On June 3, 2021, the Value Chain Innovation Initiative hosted the executive workshop “Value Chains in a Post-COVID World,” to explore the long-term impacts of the pandemic on companies’ value chains. Examples of topics covered include changes in…

In e-commerce platforms, sponsored and non-sponsored content are jointly displayed to users and both may interactively influence their engagement behavior. The former content helps advertisers achieve their marketing goals and provides a stream…

In the 1990s, interest in biomedical technologies blossomed among students across disciplines. In parallel, there was a push in academia to develop courses enabling interdisciplinary problem solving and more holistic, practice-oriented education…

Conditionally accepted at Journal of Marketing Research.

This paper studies the impact of business modernization on the sales performance of traditional retailers. We define modernization as adopting tangible structures and…

Purpose: Small farmers, being the primary producers of crops, are the key players in the food supply chain. Yet, they remain the most marginalized in the value chain. The marginalization of small farmers can affect food sustainability. The…

We show that lenders face more uncertainty when assessing default risk of historically under-served groups in US credit markets and that this information disparity is a quantitatively important driver of inefficient and unequal credit market…

We characterize optimal asset management contracts in a classic portfolio-investment setting. When the agent has access to hidden savings, his incentives to misbehave depend on his precautionary saving motive. The contract dynamically distorts…

In this paper we study methods for estimating causal effects in settings with panel data, where some units are exposed to a treatment during some periods and the goal is estimating counterfactual (untreated) outcomes for the treated unit/period…

This research brief leverages multiple datasets from the U.S. Census Bureau to provide a summary of the state of Black-owned businesses in the United States. It is important to understand and measure these pre-pandemic trends in order to pinpoint…

In 2020, the Securities and Exchange Commission revised human capital disclosure rules to improve shareholder understanding of how human capital management contributes to corporate value and strategy. In this Closer Look, we examine early…

Cancer pain is highly prevalent and often managed in primary care or by oncology providers in combination with primary care providers. To understand interdisciplinary provider experiences coordinating opioid pain management for patients with…

Are ordinary citizens or political party leaders better positioned to select candidates? While the American primary system lets citizens choose, most democracies rely instead on party officials to appoint or nominate candidates. The…

Game-theoretic modeling of auctions began in the 1960s with a pair of seminal papers by William Vickrey (1961, 1962) and the brilliant but unpublished doctoral dissertation of Armando Ortega-Reichert (1968). Robert Wilson (1977, 1979) became the…

We consider the best-arm identification problem in generalized linear bandits: each arm has a vector of covariates, there is an unknown vector of parameters that is common across the arms, and a generalized linear model captures the dependence of…

Combining qualitative survey and in-depth field research, we present a new typology of corporate venture capital (CVC) designs that highlights a hybrid CVC structural orientation to advance understanding of the process of integrating externally…

We propose a dynamic model of moral decision making whereby people revise their morally relevant preferences as their options evolve. We employ this model to reinterpret prior findings on moral hypocrisy. In particular, we revisit the finding…