Policy & the Economy
![Using the right reward system can incentivize car dealership employees and lead to stronger work performance.](/imager/clientcontent/14925/kellogg_cars_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/14925/kellogg_cars_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/14925/kellogg_cars_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
October 10, 2016
Finding the Right Performance Incentives to Motivate Employees
Some incentive schemes encourage hard work—others reward those who game the system.
Daniel Barron, George Georgiadis and Jeroen Swinkels
![An African entrepreneur delivers products on a bicycle.](/imager/clientcontent/7806/africaQA_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7806/africaQA_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7806/africaQA_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
August 9, 2016
Disposable Income Is Rising in Africa. What Happens Next?
A Q&A about growth trends in African markets.
Ameet Morjaria and Aubrey Hruby
![The free riding problem is demonstrated by a construction worker slacking off.](/imager/clientcontent/7938/freeloaders_new_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7938/freeloaders_new_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7938/freeloaders_new_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
August 1, 2016
A Clever Strategy to Combat Free Riding
In any collaboration, the temptation to slack off is strong.
Jakša Cvitanić and George Georgiadis
![Lower earning workers in a "knowledge hierarchy" reach for opportunity](/imager/clientcontent/7955/hierarchy_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7955/hierarchy_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7955/hierarchy_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
July 5, 2016
Why Income Inequality among White Collar Workers Is Growing
Top earners benefit most from “knowledge hierarchies” in organizations.
Luis Garicano and Thomas N. Hubbard
![Chapter 7 bankruptcy causing business real estate to sit empty.](/imager/clientcontent/7876/chapter7_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7876/chapter7_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7876/chapter7_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
July 5, 2016
Chapter 7 vs. Chapter 11: Which Bankruptcy System Is Better?
In certain markets, forcing companies to liquidate could cause offices and factories to sit empty.
Shai Bernstein, Emanuele Colonnelli and Benjamin Iverson
![The rise of the internet resulted in a global culture shift that changed the world.](/imager/clientcontent/8217/wormhole_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8217/wormhole_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8217/wormhole_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 7, 2016
How the Wormhole Decade (2000–2010) Changed the World
Five implications no one can afford to ignore.
Sally Blount
![Healthcare professionals try to diagnose why healthcare spending has slowed.](/imager/clientcontent/7590/Healthcare_cost_credit_Runeer_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7590/Healthcare_cost_credit_Runeer_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7590/Healthcare_cost_credit_Runeer_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
February 1, 2016
Why Healthcare Spending Has Slowed
Is the Affordable Care Act getting too much credit?
David Dranove, Craig Garthwaite and Christopher Ody
![democracy and economic growth: Kenya's roads](/imager/clientcontent/8002/kenya_roads_illustration_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8002/kenya_roads_illustration_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8002/kenya_roads_illustration_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
February 1, 2016
Does Democracy Curb Corruption?
A clever study investigates the link between where roads are built and who is in power.
Robin Burgess, Remi Jedwab, Edward Miguel, Ameet Morjaria and Gerard Padró i Miquel
![Culture clash in the Middle East](/imager/clientcontent/8043/middle_east_last_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8043/middle_east_last_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8043/middle_east_last_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
August 3, 2015
Two Distinct Motivations Drive Violence against Americans in the Middle East
Lessons about cultural dominance have implications for the business world.
Jim Sidanius, Nour Kteily, Shana Levin, Felicia Pratto and Milan Obaidi
![Researchers asked, can Wikipedia be trusted?](/imager/clientcontent/8212/wiki_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8212/wiki_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8212/wiki_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
June 2, 2015
Can Wikipedia Be Trusted?
Crowdsourced Wikipedia entries are more biased than Encyclopaedia Britannica articles.
Shane Greenstein and Feng Zhu
![Honesty in business can increase sales for even lower quality items.](/imager/clientcontent/7818/auctions_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7818/auctions_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7818/auctions_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
June 2, 2015
It Pays to Be Honest—Even When You’re Selling Junk
Disclosing flaws can drive auction bids up.
Steven Tadelis and Florian Zettelmeyer
![](/imager/clientcontent/7430/AprilNevo_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7430/AprilNevo_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7430/AprilNevo_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 6, 2015
The Superfluousness of Realtors
Homes sold through Realtors do not garner a price premium over ones sold by owners.
Igal Hendel, Aviv Nevo and François Ortalo-Magné
![](/imager/clientcontent/7855/bluffing_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7855/bluffing_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7855/bluffing_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
March 2, 2015
To Bluff or Not to Bluff
Game theory says it’s pure mathematics. But human psychology matters, too.
Ehud Kalai and Kent Grayson
![Cultural biases in economic exchange stem from weak bilateral trust.](/imager/clientcontent/8133/temp_file_09082014_insight_main1_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8133/temp_file_09082014_insight_main1_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8133/temp_file_09082014_insight_main1_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
September 2, 2014
Is Economic Growth a Question of Culture?
A decade of research shows how culture seeps into economic decisions.
Paola Sapienza
![](/imager/clientcontent/8204/warby_parker_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8204/warby_parker_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8204/warby_parker_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
August 4, 2014
Online Brands Show Their Stuff Offline
Building brick-and-mortar showrooms can have big payoffs for online retailers.
David Bell, Santiago Gallino and Antonio Moreno-Garcia
![](/imager/clientcontent/7762/Spenkuch_immigrant_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7762/Spenkuch_immigrant_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7762/Spenkuch_immigrant_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
June 2, 2014
Does Immigration Increase Crime?
Nationwide statistics suggest no impact on violent crime.
Jörg L. Spenkuch
![](/imager/clientcontent/8050/multitasking_final_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/8050/multitasking_final_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/8050/multitasking_final_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
April 7, 2014
The Sluggish Multitasker
Cognitive demands aside, multitasking can be inefficient and demoralizing
Decio Coviello, Andrea Ichino and Nicola Persico
![Businessperson being chased by racial discrimination statistics](/imager/clientcontent/7305/20140101_January_Insight_Hero_ed70ba7fff77c9fd60c2624db9acdf1d.jpg 600w, /imager/clientcontent/7305/20140101_January_Insight_Hero_9c164550f17b68a3a905c55008f1b636.jpg 300w, /imager/clientcontent/7305/20140101_January_Insight_Hero_2ea97daf9584eb0a9356116bfb5b61d0.jpg 25w)
January 8, 2014
Statistics That Hurt
Racial discrimination still affects Black workers’ wages
Roland G. Fryer Jr., Devah Pager and Jörg L. Spenkuch
December 13, 2013
A Year at the FTC
Combinations, conduct, and competition in healthcare
Leemore S. Dafny
August 5, 2013
Freed from Employment Lock
Obamacare may lead people to choose to leave the labor market.
Craig Garthwaite, Tal Gross and Matthew J. Notowidigdo
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