July 29, 2015

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Prof. Ross Levine
How Stock Market’s “Spare Tire” Keeps Economy Churning During Banking Crises

Stories about corrupt CEOs raiding the corporate piggy bank would appear to be the best argument for shareholder protection laws known as “anti-self-dealing laws.” But there’s another bonus. A new study by Ross Levine finds in countries with strong legislation to prevent fraudulent corporate behavior, banking crises have a less severe impact on firms and the economy in general. (07/27/2015)

Associate Prof. Dana Carney
If You Demonstrate that “Black Lives Matter,” Others Will Too

The “Black Lives Matter” hashtag evolved as a call for social change aimed at increasing the conversation about racial inequality. But what if social change was less dependent on talking and more dependent on nonverbal communication? New research by Dana Carney finds observing a white American engage in small nonverbal acts such as smiling more often, making eye contact for longer periods of time, and standing in closer proximity to a black American makes the observer less prone to racial biases. (07/07/2015)

Asst. Prof. Sameer Srivastava
Female Managers Do Not Reduce the Gender Wage Gap, Study Finds

Working women are “leaning in” and supporting more females in leadership roles, but a new study finds that having a female manager doesn’t necessarily equate to higher salaries for female employees. In fact, women can sometimes take an earnings hit relative to their male colleagues when they go to work for a female manager. (06/11/2015)

Chesbrough Book Explores New Frontiers in Open Innovation

In his new book, Haas Adjunct Professor Henry Chesbrough and his co-authors extend their analysis of open innovation to include socially focused non-profits, high-tech “platform” companies like Symbian, and the difficulties businesses have in capitalizing on the fruits of internal research and development that fall outside their core competencies. (06/05/2015)

Prof. Cameron Anderson
We All Want High Social Status

Not everyone may care about having an impressive job title or a big, fancy house but all human beings desire a high level of social status, according to a newly published study from Cameron Anderson. “The desire for status can drive all kinds of actions, ranging from aggression and violence, to altruism and generosity, to conservation behavior that benefits the environment. says Anderson. The more we understand this basic driver, the more we can harness it to guide people’s decisions and actions to more productive paths.” (05/18/2015)

The Cost of Staying Cool When Incomes Heat Up

The continual increase in global incomes means people are living more comfortably, including having the ability to afford air conditioning. Staying cool is good but there’s a wealth of fallout. The demand for more “AC” will also cause consumers to use more electricity causing stress on energy prices, infrastructure, and environmental policy, according to a new study by Lucas Davis and Paul Gertler. (04/27/2015)

Asst. Prof. Adair Morse
UC Berkeley Takes Lead in Understanding Crowdfunding Revolution

Crowdfunding is changing the future of finance by fostering the exchange of capital through new technology channels and by providing a more equal playing field for funding investors and recipients. In April 2015, researchers at UC Berkeley’s Haas School of Business and the Fung Institute for Engineering Leadership established CrowdBerkeley for the purpose of better understanding crowdfunding. (04/15/2015)

Assoc. Prof. Terry Taylor
Saving Lives by Making Malaria Drugs More Affordable

Research by Prof. Terry Taylor, forthcoming in Management Science, determines that the “shelf life” of malaria-fighting drugs plays a significant role in how donors should subsidize the medicine in order to ensure better affordability for patients. (04/06/2015)

Incentives that Lead to a Better-Trained Workforce

A one-time outcome-based financial incentive, if based on proven psychological techniques, could help workers embrace a long-term and sustained interest in training,says Teck Ho, the William Halford Jr. Family professor of marketing at Berkeley-Haas. (03/16/2015)

Assoc. Prof. Zsolt Katona
Content Creators Leave Social Networks When Messaging Gets Too Easy

It’s not much harder or more expensive to send a tweet or a Facebook post to hundreds or even thousands of people than to just a handful. So you’d think that the ease of communicating with lots of people via social networks would result in more and more people sharing their thoughts, political views, and cat videos.But that’s not the case, say Associate Prof. Zsolt Katona and Prof. Ganesh Iyer at UC Berkeley’s Haas School of Business. (02/27/2015)

Asst. Prof. Clayton Critcher
Marketing Prof. Clayton Critcher Honored with SAGE Young Scholars Award

At Berkeley-Haas since 2010, Marketing Prof. Clayton Critcher continues to build his career by studying how people navigate life as economic, political, and moral beings and by shedding light on consumer behavior.In recognition of his body of research, Prof. Critcher has received a 2015 SAGE Young Scholars Award from the Foundation for Personality and Social Psychology (FPSP). (02/09/2015)

Asst. Prof. Sameer Srivastava
Keep Your Enemies Close? Study Finds Greater Proximity to Opponents Leads to More Polarization

Encouraging adversaries to have more interpersonal contact to find common ground may work on occasion, but not necessarily in the U.S. Senate, according to research co-authored by Sameer B. Srivastava, assistant professor, Haas Management of Organizations Group. (02/01/2015)

The Other “F” Word: Capitalizing on Failure

Most would agree with the old adage to learn from your mistakes—but how? In their new book, The Other “F” Word: How Smart Leaders, Teams, and Entrepreneurs Put Failure to Work (Wiley, March 23, 2015), Berkeley-Haas lecturers John Danner and Mark Coopersmith, MBA 86, offer a seven-step framework for transforming failure into increased innovation, improved employee engagement, and accelerated company growth.  (01/20/2015)

Prof. John Quigley
Quigley Medal Honors Late Real Estate Professor

The American Real Estate and Urban Economics Association has established the John M. Quigley Medal in memory of the late Berkeley-Haas housing expert and his extensive body of scholarly work in the fields of urban economics and housing policy. Prof. Quigley passed away in May 2012. He was a faculty member of the Haas School of Business’ Fisher Center for Real Estate and Urban Economics since 1998, the Department of Economics since 1981, and the Goldman School of Public Policy since 1979. Quigley’s work focused on housing markets, energy efficient buildings, homelessness, and racial discrimination. (12/19/2014)

Prof. Henry Chesbrough
Open Innovation Found to Be Basic Ingredient of Chez Panisse’s Success

In its 43-year history, Chez Panisse restaurant in Berkeley, Calif. has evolved as the purveyor of organic, local, and exquisitely prepared food known as California cuisine. Its menu recently featured "grilled Wolfe Ranch quail with chestnuts" and "Comté cheese soufflé with DeeAnn’s garden salad.” Chez Panisse’s strategic use of branding its suppliers’ names on the menu is a prime example of the "open innovation” business model at work, according to a case study published in California Management Review. (12/17/2014)

Prof. Jennifer Chatman
Political Correctness in Diverse Workplace Fosters Creativity

People may associate political correctness with conformity but new research by Jennifer Chatman finds it also correlates with creativity in work settings. Imposing a norm that sets clear expectations of how women and men should interact with each other into a work environment unexpectedly encourages creativity among mixed-sex work groups by reducing uncertainty in relationships. The study highlights a paradoxical consequence of the political correctness (PC) norm.  (11/25/2014)

Prof. Ben Hermalin
Limiting Internet Congestion A Key Factor in Net Neutrality Debate

Too many vehicles on the highway inevitably slow down traffic. On the Internet information highway, consumers value high-speed Internet service, but there is little reason to think broadband traffic congestion will improve if the Federal Communications Commission abandons net neutrality, according to research by Ben Hermalin and Nicholas Economides. Their paper, “The Economics of Network Neutrality” finds that if Internet Service Providers known as ISPs initiate price discrimination in their pricing, a “recongestion effect” will occur.  (11/03/2014)

Asst. Prof. Amir Kermani
Did Low Interest Rates Boost Household Spending?

Real estate Asst. Prof. Amir Kermani writes about his new study that suggests that lower interest rates and reduced mortgage payments prompt consumer spending (especially in low-income households) but they also encourage consumers to voluntarily deleverage or attempt to pay off existing debt which dampens the effectiveness of monetary policy.  (10/13/2014)

John Morgan
Entrepreneurs Aren’t Overconfident Gamblers, Study Finds

Leaving one’s job to become an entrepreneur is inarguably risky. But it may not be the fear of risk that makes entrepreneurs more determined to succeed. A new study finds entrepreneurs are also concerned about what they might lose in the transition from steady employment to startup.  (09/09/2014)

Asst. Prof. Ming Hsu
Study links honesty to prefrontal region of the brain

Are humans programmed to tell the truth? Not when lying is advantageous, says a new study led by Assistant Professor Ming Hsu at UC Berkeley’s Haas School of Business. The report ties honesty to a region of the brain that exerts control over automatic impulses. (09/08/2014)

Prof. David I. Levine
Prof. David Levine Wins Research Competition to Study Federal OSHA Effectiveness

Economist Levine and his research team are one of three winners of a competition sponsored by the Coalition for Evidence-Based Policy. They will receive a $96K grant to help conduct a new study on the effects of OSHA inspections. (07/21/2014)

Assoc. Prof. Steven Tadelis
Tapping real-time financial data can improve economic policymaking

Measuring the nation’s economic health has long been a slow, costly and imprecise exercise, but Assoc. Prof. Steven Tadelis helped develop a new way to measure real-time consumer behavior that could vastly improve economic policymaking. “The data generated by online and mobile financial applications such as Check, as well as data from social media, online marketplaces and e-commerce sites can be analyzed to address questions that policymakers, firms and individuals must answer to make better decisions,” said Tadelis. (07/17/2014)

Assoc. Prof. Terrence Hendershott
Fast Forward: High-speed trading debunked

High-frequency trading (HFT) drew national attention earlier this year from author Michael Lewis’ latest book, Flash Boys. But Finance Professor Terrence Hendershott has been studying its effects since 2005, when investor-specific data on algorithmic trading transactions started to become available. Hendershott weighs in on whether high-frequency trading is good, bad, or simply inevitable. Watch video. (07/09/2014)

Asst. Prof. Ming Hsu
Your Genes Affect Your Betting Behavior

Asst. Prof. Ming Hsu, Haas Marketing Group, studies neuroeconomics. His recent research shows that betting decisions in a simple competitive game are influenced by the specific variants of dopamine-regulating genes in a person’s brain. “This study shows that genes influence complex social behavior, in this case strategic behavior,” said Hsu, study leader Ming Hsu, “We now have some clues about the neural mechanisms through which our genes affect behavior. (06/16/2014)

Prof. Paul Gertler
Study Shows Early Childhood Stimulation Intervention in Jamaica Yields Better Pay in Adulthood

In the May 30, 2014 edition of the journal, Science, researchers find that early childhood development programs are particularly important for disadvantaged children in Jamaica and can greatly impact an individual’s ability to earn more money as an adult. The 20-year study, “Labor Market Returns to an Early Childhood Stimulation Intervention in Jamaica” by Professor Paul Gertler tracks the employment status of adults who once lived in the poor Kingston neighborhood as toddlers in the 1980’s. (05/29/2014)

Asst, Prof. Clayton Critcher
Study Discovers the Downside of African-American Success Stories

African-Americans such as Brown University President Ruth Simmons, Nobel Laureate Toni Morrison, and of course President Barack Obama have reached the pinnacle of success in historically white domains. But a new study by marketing Asst. Prof. Clayton Critcher finds there is a downside to African-American success stories: these positive examples prompt white Americans to think less successful African-Americans simply need to apply more effort to achieve their own success.  (05/01/2014)

Leanne ten Brinke, Ph.D.
The unconscious mind can detect a liar--even when the conscious mind fails

When detecting deceit, your unconscious instincts may be more accurate than conscious thought while making judgments about others, according to research co-authored by Leanne ten Brinke, a postdoctoral fellow at the University of California, Berkeley’s Haas School of Business. (03/27/2014)

Ming D. Leung
Tricks of the Trade: Study Suggests How Freelancers Can Land More Jobs

As an increasing number of freelancers depend on the virtual workplace, how can they make themselves more attractive to potential employers? New research by Ming D. Leung suggests freelancers who demonstrate work commitment through an incremental career path, by moving between similar — but not identical — types of jobs, are the most likely to be hired.  (02/03/2014)

Assoc. Prof. Steven Tadelis
Study Finds Paid Search Ads Don't Always Pay Off

Businesses spend billions to reach customers through online advertising but just how effective are paid search ads? Using data from eBay, economist Steven Tadelis at UC Berkeley’s Haas School of Business compared whether consumers are more likely to click on paid ads than on free, generic search results and found that advertisers may not be getting their money’s worth.  (01/16/2014)

The Politics of Precaution by David Vogel
Prof. David Vogel receives second book award for The Politics of Precaution

The journal Governance has awarded Professor David Vogel the 2013 Charles H. Levine Memorial Book Prize for his book The Politics of Precaution: Regulating Health, Safety, and Environmental Risks in Europe and the United States (Princeton University Press, 2012). (09/17/2013)

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