Renegotiating a contract? Timing is money

In most industries, contract renegotiations are shrouded in secrecy, making data about timing and tactics hard to come by. But Chicago Booth’s Gregor Matvos is extracting lessons from a more transparent data source for contract renegotiations: the US National Football League.

Buying local: Better for banks, too

Locavores argue that shopping in neighborhood stores boosts the local economy, and buying veggies from the farm just out of town reduces your carbon footprint. Now research suggests local is also better when it comes to banking.