Gift Cards: When Versatility Is a Drawback
Cards redeemable only at a favorite store beat adding a second, less-loved retailer
Your Remote Job May Help AI Replace You
Firms that embraced remote work early are adopting AI faster and relying on new remote hires less than peers that didn’t
Behavioral Economics Could Increase Obamacare Enrollment and Stabilize Markets
Greater subsidies aren’t enough: Lowering the complexity of enrollment is needed to bring more and healthier people into the market
Municipal Pension Crisis Made Worse by Democrats in Close Elections
Sixty years of data suggest retirement obligations rise after Democrats scrape into office
Surge Pricing’s Benefits Go to a Subset of Ride-Hailing Drivers
Full-timers gain the least, part-time drivers the most
Don’t Worry — It’s Multiple-Choice
Using smartphones to track lockdown compliance, paying employers to keep workers on the payroll and gauging nursing home availability
How Very Small Stocks Skew Investing Wisdom
Well-known market anomalies are largely absent among the biggest stocks
When Individuals Concentrate in a Stock, Earnings Surprises Play Out Differently
Price movements can be more extreme
Financial Constraints on Intermediaries Cause Asset Mispricing
Real-world bond data reveals how the capital positions and liquidity of middlemen affect prices of securities they broker
Borrowings Suggest Small Company Owners Face Higher Risk
Analysis uses business credit card loans to gauge market perception
Beyond Uber: When Surge Pricing Makes Business Sense
Research seeks to predict how time-based price discrimination might spread
As Tipping Booms Online, How Can Platforms Maximize Their Take?
A conundrum: When others’ tips are visible, users make larger tips to keep up. But they tip more often when tips aren’t displayed online
Inventory Scarcity Messages in Online Retailing Can Backfire
If there are only six left, I guess I won’t be buying a dozen
How Publicly Funded Research Leads to Cancer Drug Trials
Pharmaceutical companies are better able to identify promising new applications for existing drugs
A Salaryman and a Wage Earner, Paid Equally, Walk Into a Bar (to Volunteer)
Which one walks out happier?
What Makes a True Financial Crisis?
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown