How This Psychological Effect Skews Home Prices
Lu LiuFebruary 13, 2023
Everyone considers their home as an investment that gains value over time, and that explains why homeownership makes up most of household wealth both in the U.S. and globally. So it’s natural for homeowners who want to sell their house to expect more than what they paid for it — even if its current market value is […]
Does a Woman’s Biological Clock Have a Price?
Corinne LowFebruary 6, 2023
By Corinne Low For every year a woman ages, she must earn $7,000 more annually to remain equally attractive to potential romantic partners, according to new research from Wharton professor Corinne Low that calculates the economic trade-off for women between career and family investments. In two forthcoming papers, Low, a professor of business economics and public […]
A Key to Better Leadership: Confident Humility
Adam GrantJanuary 31, 2023
Nano Tools for Leaders® — a collaboration between Wharton Executive Education and Wharton’s Center for Leadership and Change Management — are fast, effective tools that you can learn and start using in less than 15 minutes, with the potential to significantly impact your success. Contributors: Wharton management professor Adam Grant, host of the WorkLife podcast and author of four best-selling books including Think Again: The […]
How Analytics Is Changing Finance
Daniel Taylor & Michael RobertsJanuary 31, 2023
The next big financial fraud may eclipse the recent collapse of cryptocurrency exchange FTX, which at last count had liabilities estimated at $8 billion. “You’re going to have larger frauds, and there might be more frauds,” Wharton accounting professor Daniel Taylor said during a panel discussion titled “The Analytics of Finance” held earlier this month. Stricter regulatory checks and audits […]
Hero Worship: What Happens When Jobs are Suddenly Moralized
Lindsey CameronJanuary 23, 2023
Instacart, Shipt, and other grocery-shopping services had been around for years without anyone giving much thought to the poorly paid gig worker zipping around the store to fill carts and deliver orders. That changed when the COVID-19 pandemic hit in early 2020. Suddenly reliant on these surrogate shoppers to take on the risk of virus […]
How Offering Choices Helps Boost Charitable Donations
Alice MoonJanuary 23, 2023
Charities and nonprofit organizations can prompt potential donors to give more simply by offering them multiple-choice options of how much to donate, according to new research from Wharton operations, information and decisions professor Alice Moon. Her co-authored paper puts some science behind the season of giving, with seven different experiments that all yield the same results: […]
How Data Analytics Can Help Deliver Social Good
Dean KnoxJanuary 17, 2023
Innovations in data science are finding uses beyond business settings to bring effective solutions to pressing social problems. In one novel exercise, analysis of data on sex trafficking provided insights on directing preventive and remedial resources to poorer areas from where victims are trapped, instead of an earlier focus on richer, urban areas where they […]
Why Online Shoppers Aren’t Falling for Exploding Deals
Cait LambertonJanuary 10, 2023
The Kmart blue light special was marketing gold. With the signature announcement, “Attention, Kmart shoppers!” a sales associate would turn on a strobing blue light to direct customers to an item offered at an extra-deep discount for a very short time, usually an hour or less. Kmart launched this gimmick in the mid-1960s, and it […]
Recognizing an Investing Signal That Defied Wisdom, and Endured
Christopher GeczyJanuary 10, 2023
Stock market investing gurus have dispensed maxims like “buy low, sell high“ and “what goes up must come down, and vice versa,” or Eugene Fama’s “efficient markets hypothesis,” which assumes that the price of a security reflects all relevant and known information about that asset. But those guideposts have never convincingly explained why some stocks […]
Do You Want That Backscratcher? Making Holiday Gift Swapping More Efficient
Kartik HosanagarJanuary 2, 2023
Tis the season — to wrangle through the annual White Elephant holiday gift-swapping game and go home with something you don’t want. But with a few tweaks, there is a way to make gift-giving more efficient and make everyone happier, according to Daniel Fleder, a Wharton alumnus, and Kartik Hosanagar, a professor at Wharton, in this […]