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201205Which Plane Lands Last?SchummerJames

May 2012

Which Plane Lands Last?201205SchummerJames

Which Plane Lands Last?
Ever wonder how the FAA decides which planes can land when during a weather delay? James Schummer and Rakesh Vohra explored the algorithm behind landing slot reassignments and have some suggestions on how to improve it.

SchummerJames 201205Which Plane Lands Last?

James Schummer

Rakesh Vohra

201205The Impending Pension ProblemRauhJoshua

May 2012

The Impending Pension Problem201205RauhJoshua

The Impending Pension Problem
Pension funds were underfunded before the recession hit. Joshua Rauh sifted through the numbers and determined that the situation has only gotten worse since then.

RauhJoshua201205The Impending Pension Problem

Joshua Rauh

Robert Novy-Marx

201205What Constitutes Torture?NordgrenLoran

May 2012

What Constitutes Torture?201205NordgrenLoran

What Constitutes Torture?
When do interrogation techniques cross the line to torture? That question has plagued lawmakers and the public for years. Unfortunately, the answer isn’t clear-cut. Research by Loran Nordgren says everyone’s views are different and that personal experience plays a big role.

NordgrenLoran201205What Constitutes Torture?

Loran Nordgren

Mary-Hunter Morris

George Loewenstein

201205Goes Together Like Guilt and PleasureGoldsmithKelly

May 2012

Goes Together Like Guilt and Pleasure201205GoldsmithKelly

Goes Together Like Guilt and Pleasure
We are all familiar with guilty pleasures, but research by Kelly Goldsmith shows that guilt may actually enhance the pleasure we experience from them.

GoldsmithKelly 201205Goes Together Like Guilt and Pleasure

Kelly Goldsmith

Eunice Kim Cho

Ravi Dhar

201205A Strategy for PeaceBaligaSandeep

May 2012

A Strategy for Peace201205BaligaSandeep

A Strategy for Peace
Provocateurs often incite violence with a goal in mind—manipulating conflict. Research by Sandeep Baliga shows how leaders should react to extremists of both types—hawks and doves—to settle conflicts peacefully.

BaligaSandeep201205A Strategy for Peace

Sandeep Baliga

Tomas Sjöström

201204Networking to the TopKetsWillemien

April 2012

Networking to the Top201204KetsWillemien

Networking to the Top
There are many reasons for yawning gaps in wealth inequality throughout the world, but research by Willemien Kets suggests social networks and communication—or lack thereof—could play an important role.

KetsWillemien 201204Networking to the Top

Willemien Kets

Garud Iyengar

Rajiv Sethi

Sam Bowles

201204Buy Bigger, Feel More PowerfulDuboisDavid

April 2012

Buy Bigger, Feel More Powerful201204DuboisDavid

Buy Bigger, Feel More Powerful
Feeling down and out? Research by Derek Rucker and Adam Galinsky says you can make yourself feel more powerful by buying something big.

DuboisDavid201204Buy Bigger, Feel More Powerful

David Dubois

Derek D. Rucker

Adam D. Galinsky

201204The Oprah EffectGarthwaiteCraig

April 2012

The Oprah Effect201204GarthwaiteCraig

The Oprah Effect
Politicians love to seek endorsements, but there has been a lot of doubt as to whether celebrity endorsements actually deliver votes. Craig Garthwaite studied how Oprah Winfrey’s endorsement of Barack Obama helped the candidate win the presidency.

GarthwaiteCraig201204The Oprah Effect

Craig Garthwaite

Timothy Moore

201204The Trouble with VPINAndersenTorben

April 2012

The Trouble with VPIN201204AndersenTorben

The Trouble with VPIN
VPIN has been proposed as an economic indicator that could help regulators identify when another flash crash—like that which occurred on May 6, 2010—is imminent. But research by Torben Andersen suggests VPIN as it is currently constructed does not live up to the hype.

AndersenTorben201204The Trouble with VPIN

Torben Andersen

Oleg Bondarenko

201204Answering Unasked QuestionsGalDavid

April 2012

Answering Unasked Questions201204GalDavid

Answering Unasked Questions
Designing consumer surveys is harder than it seems. One common problem is response substitution, where participants write what they are really feeling rather than answering the question. David Gal and Derek Rucker offer a simple and cost-effective way to counter this.

GalDavid 201204Answering Unasked Questions

David Gal

Derek D. Rucker

201203Shipping's Bottom LineBrownJennifer

March 2012

Shipping's Bottom Line201203BrownJennifer

Shipping's Bottom Line
Shipping changes are a big part of selling goods online. But what amount to charge is difficult to discern, and when in the selling process to disclose those charges is even trickier. Research by Jennifer Brown gives merchants guidance on when to disclose and how much to charge for shipping.

BrownJennifer 201203Shipping's Bottom Line

Jennifer Brown

Tanjim Hossain

John Morgan

201203Patients, Pricing, and Prescription DrugsKlibanoffPeter

March 2012

Patients, Pricing, and Prescription Drugs201203KlibanoffPeter

Patients, Pricing, and Prescription Drugs
Medicaid receives a discount on drugs from pharmaceutical companies, thanks to a 1990 law, but the way that discount is calculated allows firms to adjust prices in their own best interests. How does that affect the social benefit of the program? Peter Klibanoff investigates.

KlibanoffPeter 201203Patients, Pricing, and Prescription Drugs

Peter Klibanoff

Tapas Kundu

201203Steady As She GoesAndersonEric

March 2012

Steady As She Goes201203AndersonEric

Steady As She Goes
Managers often say they keep prices stable to keep their customers happy—or rather so their customers do not get upset. But their decisions were often based on instinct rather than data. Fortunately, research by Eric T. Anderson confirms managers’ suspicions.

AndersonEric201203Steady As She Goes

Eric T. Anderson

Duncan I. Simester

201203Making Up Our MindsWaytzAdam

March 2012

Making Up Our Minds201203WaytzAdam

Making Up Our Minds
When is a person an individual? And how many people does it take for them to be considered a group? These questions are trickier to answer than you might suspect. Research by Adam Waytz offers insights into when the individual stops and the group begins.

WaytzAdam 201203Making Up Our Minds

Adam Waytz

Liane Young

201203The Trick to Turn-and-EarnLuLauren Xiaoyuan

March 2012

The Trick to Turn-and-Earn201203LuLauren Xiaoyuan

The Trick to Turn-and-Earn
When demand for a new car outstrips an automaker’s production capacity, allocation is often instituted on a turn-and-earn basis—selling three cars in one period earns the right to sell three more in the next. There are other allocation schemes, but why do manufacturers continue to use turn-and-earn? Martin Lariviere may know the answer.

LuLauren Xiaoyuan201203The Trick to Turn-and-Earn

Lauren Xiaoyuan Lu

Martin Lariviere

201202Why Markets Tip to One Platform (or Not)MinorDylan

February 2012

Why Markets Tip to One Platform (or Not)201202MinorDylan

Why Markets Tip to One Platform (or Not)
It seems that some markets are predestined to tip to one platform or another. Windows won the desktop operating system wars of the 1990s. Google is currently dominating the market for search engines. But what makes those markets tip—and others not—had been a mystery until Dylan Minor pulled back the curtain.

MinorDylan 201202Why Markets Tip to One Platform (or Not)

Dylan Minor

Tanjim Hossain

John Morgan

201202How Public Outrage Affects CEO PayKuhnenCamelia

February 2012

How Public Outrage Affects CEO Pay201202KuhnenCamelia

How Public Outrage Affects CEO Pay
The Occupy movement has brought lots of attention to bear on the issue of CEO compensation. But does public scrutiny actually affect executive compensation levels? Camelia M. Kuhnen sifted through thousands of news articles to find out.

KuhnenCamelia201202How Public Outrage Affects CEO Pay

Camelia Kuhnen

Alexandra Niessen

201202Predicting Investment Shock WavesPapanikolaouDimitris

February 2012

Predicting Investment Shock Waves201202PapanikolaouDimitris

Predicting Investment Shock Waves
Technological innovations can not only upend entire industries but also wreak havoc with risk premiums. Dimitris Papanikolaou developed a model to determine how such changes affect investment shocks.

PapanikolaouDimitris 201202Predicting Investment Shock Waves

Dimitris Papanikolaou

201202The Biggest Regret of AllMorrisonMike

February 2012

The Biggest Regret of All201202MorrisonMike

The Biggest Regret of All
Regret features heavily when people reflect on their lives, but there is one thing we regret more than anything else. In previous studies, education was at the top, but those only surveyed a limited sample of the population. Neal Roese asked a representative sample of Americans what they most regretted. Read on to find out what it is.

MorrisonMike 201202The Biggest Regret of All

Mike Morrison

Neal J. Roese

201202The Theory of Planning a Successful Economic RecoverySákovicsJózsef

February 2012

The Theory of Planning a Successful Economic Recovery201202SákovicsJózsef

The Theory of Planning a Successful Economic Recovery
Allocating funds appropriately is important when planning a stimulus bill, but ensuring that the right people get the money is fraught with difficulty. Jakub Steiner’s models of coordination games provide a theoretical framework that policymakers or managers can use to guide their decisions.

SákovicsJózsef 201202The Theory of Planning a Successful Economic Recovery

József Sákovics

Jakub Steiner

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