The Latest

Illustration of two men with one crossing his fingers behind his back Research Brief / Behavioral Decision Making

Being Biased against Friends to Appear Unbiased

If the boss is your friend, and compensation decisions are public, a bonus you’d get on merit might not be forthcoming

Illustration of a man weighing two balances Research Brief / Retirement Planning

Behind the Annuity Conundrum: The Belief They’re Unfair

Researchers find little commonality among haters of the difficult-to-sell retirement products, except when discussing fairness

Illustration of a house, cap, rings, car keys, baby crib Feature / Nudges

Behavioral Nudges Timed to Certain Days are Effective Motivator

Dates of milestones — major and minor — can spur us to action

Illustration of a man looking at a carrot while a magnet opens his head Research Brief / Nudges

Behavioral Economics: Are Nudges Cost-Effective?

A team of experts makes the financial case that governments should spend more on nudging

Illustration of a man in front of a computer covering his face while stressed Research Brief / Health Care

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

Illustration of a bridge made out of gears with a red connecting section in the middle Research Brief / Banking

Banks, Freed to Operate Across State Lines, Helped Stabilize the Economy

Lenders financed expansion in some markets, offsetting problems in others

A cityscape at sunset overlaid with a grid of lighted network Research Brief / Banking

Banks Transmit Financial Shocks, Including from Natural Disasters

How a localized flood may result in fewer loans to a far-off community

Composite image of stock charts overlaid on an image of a laptop Research Brief / Investing

Banks Rent Out Their Balance Sheets — So Derivatives Cost More

Even before Dodd-Frank rules, the costs were significant

Bored teens at a movie theater Research Brief / Education

Awards as Incentives: Sometimes They Backfire

Seeking to improve school attendance, researchers learn how some students think

Illustration of two hot dog carts Research Brief / Pricing

Avoiding Direct Price Competition: Bundling and Unbundling

If one company bundles products, its competitors are always better off not bundling; the thing to avoid is a head-to-head competition wherein the only way to get an edge is by cutting prices

A man using a virtual headset Research Brief / Marketing

Attracting Early Adopters: Best Way to Overcome Consumer Resistance to Innovative Products

Chris Tang’s research suggests a two-step pricing strategy can maximize sales and profits

High speed view in a tunnel Feature / Investing

At Last, the Momentum Investing Puzzle Solved?

The simplest explanation — “I can’t believe you know something I don’t” — may trump all the rest

Aerial view of Los Angeles at sunset. Research Brief / Global Warming

Assessing Climate Disclosure as U.S. Drops Scope 3 Requirement

What emerges is a fragmented view of corporate contribution to global warming

Graphic of investor leisurely sitting in front of an investment terminal reading a book Research Brief / Investing

As Passive Investing Spreads, Overall Market Becomes Less Competitive

Active investors take up some — but not all — of the slack created by index funds

Research Question / Happiness

As Income Rises, Link Between Meaning and Happiness Weakens

Globally, lower-income people feel a stronger connection

California Housing Market Forecast / Housing

As Home Prices Soar Elsewhere, California Starts to Seem Almost Reasonable

Will the narrowing price gap bring an end to the state’s out-migration?