Locally, the Extent of British Rule in India Still Holds Back Economic Opportunity
Areas under direct rule lost the components of human capital

The Mechanics of How Social Media Turbocharges Asset Bubbles
Establishment media coalesces around a lone narrative, but online chatter hops between storylines, sometimes shocking traders

As AI Supercharges Finance Research, Will We Believe the Results?
Building benchmarks to guide researchers and validate AI-enabled findings

When Exchange Rates Move, U.S. Companies Feel It — Even More Than Previously Thought
Firm-specific export data enables researchers to potentially solve a puzzle in economics

People Pay for the Right to Bid — and Then Overbid
Bidders sacrifice a better price to avoid ending up with nothing

AI Has Shown Me My Future. Here’s What I’ve Learned.
A new artificial-intelligence tool allowed me to talk to my 80-year-old self. It’s going to be quite a life.

LA Residents Exposed to Wildfire Smoke Face Heightened Health and Financial Risk
Far from burn zones, especially for renters and those with iffy credit, money troubles follow fires

A Quiet Expansion of Deposit Insurance Could Disrupt U.S. Banking
Seen as a backstop to small- and midsized banks, the program, allowing insurance in multiples of $250,000, alters banking’s risk calculus
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News Coverage / Anderson Research
Editor's Choice
Dividing Patients Between Telehealth, In-Office Primary Care and Referral to Specialists
Getting the mix right is the goal of a Medicare pilot, which itself could use substantial improvement
Features

Was Research — on Physicians and Noncompete Agreements — Before Its Time?
Years after a paper goes unpublished, it’s fodder for a major Federal Trade Commission proposal

Unearthing the Negative Consequences of Managing to Quarterly Earnings
A 2017 study on workplace injuries spurs more research on perils of corporate short-termism
Research Briefs

Chinese Citizens, Given Voice in Local Budgeting, Are More Satisfied With Country’s Regime — and Want More From It
Taste of democracy engenders the opposite of cynicism

One Way the Stock Market Sends Signals to Bond Traders
Thin stock trading, amid both price volatility and a period of potential economic change, leads bond investors to seek a higher yield

Why Would a Hedge Fund Manager Reveal Stock Positions?
A model suggests that the data might lead index funds to target those same stocks in oversight of corporate management

As Few as Three Options Can Be Too Many for Online Shoppers
A large field experiment suggests two items is the sweet spot for converting motivated lookers into buyers

The Role of Board-of-Directors Pay in Effective Corporate Investing
A model juggles who should suffer when a project goes awry; job market prospects of the CEO; and the quality of information shared in the boardroom

Think Your Job Is Safe From Robots?
Automation depresses career pay for many workers, notably including those in industries not automating

CD Withdrawal Penalties: Often More Than Worth the Risk
Banks know you won’t do the math: Even after a penalty for early withdrawal, the longer-term CD often nets out to a better deal

Young Adults, With an AI Bot, Chat With Their 60-Year-Old Selves
Research progresses on forging closer bonds with our future selves, encouraging behavior helpful to later lives