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Evidence from ADIA Lab’s Causal Discovery Challenge
This article analyzes the results of the 2024 ADIA Lab Causal Discovery Challenge, a large-scale competition designed to evaluate whether machine learning methods can infer causal roles from observational data when ground-truth causal structures…
Evolutionary View of Strategy-making
The evolutionary view posits that the intraorganizational ecology of strategy-making comprises two distinct types of strategic action. Induced strategic action involves initiatives on the part of operational and middle-level managers that fit…
Fifteen reasons you should read this paper: How providing many arguments increases perceptions of both expertise and persuasive intent
People generally believe more is better in persuasion, for good reason. Past research has shown that providing more arguments can enhance a message’s persuasiveness. In contrast, we demonstrate that increasing the number of…
Financial Regulation and AI: A Faustian Bargain?
We study whether AI methods applied to large-scale portfolio holdings data can improve financial regulation. We build a state-of-the-art, graph-based deep learning model tailored to security-level data on the holdings of financial intermediaries…
A Framework for Geoeconomics
Governments use their countries’ economic strength from financial and trade relationships to achieve geopolitical and economic goals. We provide a model of the sources of geoeconomic power and how it is wielded. The source of this power is the…
Gun-Use Regulation and Firearm Mortality: Evidence from Deer Hunting Season
This paper studies gun-use regulation and firearm mortality. I gather historical schedules of deer hunting season in North Carolina and Virginia and pair them with morgue records at county-day frequency. Hunters increase firearm use during deer…
Holistic Evaluation of Large Language Models for Medical Tasks with MedHELM
While large language models (LLMs) achieve near-perfect scores on medical licensing exams, these evaluations inadequately reflect the complexity and diversity of real-world clinical practice. Here we introduce MedHELM, an extensible evaluation…
How Carbon Accounting Rules Shape Incentives for Hydrogen Production
Governments around the world have recently adopted policy support programs for hydrogen, tying the level of support to the assessed carbon intensity of the hydrogen produced. Here we compare alternative carbon accounting rules for determining the…
How to Reduce Lead Emissions from a Lead-Acid Battery Circular Economy with Formal and Informal Processes
Problem Definition: Bangladesh suffers from massive lead emissions from its circular Lead-Acid Battery (LAB)
industry. Informal smelting of scrap lead from Used Lead-Acid Batteries (ULAB) is especially emission-intensive…
Introduction to Corporate Governance
Corporate governance has become a well-discussed and controversial topic among corporations, shareholders, and the general public. However, the debate over what constitutes “good governance” often lacks structure, making it difficult for…
Liquidity, Debt Denomination, and Currency Dominance
Over four centuries, specific currencies have dominated global debt denomination. We present a liquidity-based theory that explains the centrality of the Dutch florin, British pound, and US dollar, and that rationalizes features of the…
Low Rate of Completion of Recommended Tests and Referrals in an Academic Primary Care Practice with Resident Trainees
Background
A frequent, preventable cause of diagnostic errors involves failure to follow up on…
A Mega-replication of the Effect of Cash versus Card Payment on Pain of Paying: Magnitude, Behavioral Outcomes, and Moderators
This study revisits the widely accepted finding that paying with cash is more painful than paying with card by conducting the first systematic mega-replication (including 13 large-scale preregistered replications; a total of 32,371 participants,…
Method, Mind, and Morality: How People Make Sense of Artificial Intelligence
How can humans make sense of the rapid takeoff of artificial intelligence (AI)? We studied the sensemaking dynamics of AI through an open-ended, mixed-methods study with computational text analysis of millions of AI-related newspaper articles and…
Monetary Policy, Bank Fragility, and the Modern Financial Intermediation
This article reviews recent research on monetary policy transmission through banks and the broader financial intermediation sector, and its implications for financial stability. Traditional banks remain fragile due to high leverage and maturity…
Normative Discrimination and the Gender Binary: Negative Evaluations of People with Nonconventional Pronouns
Pronoun sharing has become a common inclusion practice in U.S. schools and workplaces. Drawing on normative discrimination theories, however, we predict that pronoun sharing can lead to negative evaluations of people who share nonconventional…
Optimal Mechanisms for Demand Response: An Indifference Set Approach
The time at which renewable (e.g., solar or wind) energy resources produce electricity cannot generally be controlled. In many settings, however, consumers have some flexibility in their energy consumption needs, and there is growing interest in…
Persuasion via intermediaries: The pull of extremity
Persuasion is a powerful device for shaping people’s attitudes and actions. Recent work has begun to examine who persuaders target with their persuasive efforts. The current work explores how persuaders think about intermediaries—individuals who…
Power Analysis is Essential: High-Powered Tests Suggest Minimal to No Effect of Rounded Shapes on Click-Through Rates
Promoting Equity, Diversity, and Inclusion in Surveys: Insights From a Patient-Engaged Study To Assess Long COVID Healthcare Needs in Brazil
Background and Objective
Long COVID (LC) refers to persistent symptoms after acute COVID-19 infection, which may persist for months or years. LC affects millions of people globally, with substantial impacts on quality of life, employment…