Spring 2014

The biggest blunders in sports

Using the best tactics from both worlds—the subjective and the objective, the emotional and the rational—teams will reach heights of achievement and competition that neither the old guard nor the new could reach on their own.
Trying to understand the science behind strategy

Where do brilliant decisions come from?
In private equity, does the past predict the future?

For decades, conventional wisdom has dictated that smart investors should put money with private-equity managers who have previously run successful funds. Is the conventional wisdom still good?

How central bankers can better control inflation

When trying to significantly reduce the rate of inflation, banks must make announcements that gradually lower the expected inflation rate. But the reverse is true when combating deflation: in that case, banks must take an aggressive approach.
What a 1920s farm bust reveals about financial crises

Bank failures can be virulently contagious.
The downside of winning a big award

Next time an award-winning book catches your eye in the bookstore, think twice before picking it up.

Marketing

Don't knock 'innovation,' create a framework for it

It is critical to establish the right culture, environment, and rewards system within an organization to help it deliver the innovations needed for success.

Economics

What is the key to gentrification?

By Vanessa Sumo, Emily Lambert| Jul 17, 2014

As gentrification transforms neighborhoods and cities across the globe, Guerrieri, Hurst, and Hartley’s research suggests a model for how and where this change occurs.

With price transparency, hospitals charge less

Could making price information readily available contribute to a reduction in certain health-care costs? Research suggests so.

Finance

Home field advantage: The facts and the fiction

Home-field advantage is one of the most well-known ideas in sports, and one of the most misunderstood.