Among financial advisers, women are less likely than men to have a record of misconduct, but those who do are punished more severely than their male counterparts. Female advisers who commit misconduct are more likely to lose their jobs and to remain unemployed, even though misconduct by females is generally less costly than that by males, and females are less likely to be repeat offenders. Where does this gender gap not exist? In firms with significant female management.
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A.I. identifies a high amount of relatively uninformative content in companies’ annual reports and earnings calls.
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A Q&A with Chicago Booth’s Robert W. Vishny on the legacy of the common-law tradition.
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Such default options make cardholders less likely to miss a payment, but can also result in more interest paid over time.
Why Automatic Minimum Payments Lead to Mounting Credit-Card DebtsYour Privacy
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