Idea posted: November 2017

Institutions: University of Chicago Booth School of Business    UCLA Anderson School of Management   

Why do employees make retirement savings decisions that go against their best interests? A 2004 paper by Nobel Prize-winning economist Richard Thaler of the University of Chicago, co-authored with fellow…

Idea posted: November 2017

Institutions: Norwegian School of Economics   

Norwegian citizens making money abroad must report this income to two tax authorities: the authorities of Norway and the authorities of the country where they made the money. In order…

Idea posted: October 2017

Institutions: Carnegie Mellon University    Warwick University Business School   

In pure economic theory, policy making involves applying economic levers — taxes, regulations and economic incentives — to problems that have economic roots. These problems can take the form of:…

Idea posted: December 2015

Institutions: ESMT European School of Management and Technology    New York University Stern School of Business   

Shifting the bulk of compensation from mostly incentives (how much employees earn depends on how much they work) to mostly wages (employees earn the same guaranteed amount no matter how…

Idea posted: September 2015

Institutions: Warwick University Business School    UCLA Anderson School of Management    Old Dominion University   

In finance, a capital asset's sensitivity to risk is often represented by the quantity beta (β), and investment opportunities that have a high risk profile are known as ‘high beta’…

Idea posted: March 2014

Institutions: INSEAD    Indian School of Business   

Classical and neo-classical economic theory is predicated largely on an ‘impersonal’ model, in which transactions between parties are governed not by social obligations and kinship ties but by rational and…

Idea posted: October 2013

Institutions: HEC Paris    The Mediterranean Energy Observatory   

Although global investment in renewable energy has grown significantly since the start of this century, it remains below the level needed to meet Kyoto Protocol targets for reducing CO2 emissions,…

Idea posted: August 2013

Institutions: HEC Paris    University of Innsbruck    ESSEC Business School    Adelphi University   

Decision-making on the financial markets is driven by information and by trust. But trust can be flagrantly abused. This was amply demonstrated by the Bernard Madoff scandal, considered to be…

Idea posted: July 2013

Institutions: Rotterdam School of Management, Erasmus University   

A growing number of studies in both the field and the laboratory demonstrate that people are imperfect co-operators — they tend to co-operate only if others do so, and a…