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Defining a just economy in a tenuous social-political time. If we can agree that our current social-political moment is tenuous and unsustainable—and indeed, that may be the only thing we can agree on right now—then how do markets, governments, and people interact in this next era of the world?
A Political Economy of Justice considers the strained state of our political economy in terms of where it can go from here. The contributors to this timely and essential volume look squarely at how normative and positive questions about political economy interact with each other—and from that beginning, how to chart a way forward to a just economy.
A Political Economy of Justice considers the strained This article reviews recent work examining pricing strategies of major online retailers and the potential effects of pricing algorithms. We describe how pricing algorithms can lead to higher prices in a number of ways, even if some characteristics of these algorithms may appear, at first glance, to increase competition. Some have argued that this could facilitate collusion.
However, this feature can also soften price competition when rivals do not collude. Even very simple pricing algorithms can raise prices. Finally, we discuss potential policy responses to encourage competition in online retail and other markets with pricing algorithms. A key feature of many During the course of the COVID pandemic, a common strategy for public health organizations around the world has been to launch interventions via advertising campaigns on social media. Despite this ubiquity, little has been known about their average effectiveness.
We conduct a large-scale program evaluation of campaigns from public health organizations on Facebook and Instagram that collectively reached 2. We report the results of randomized experiments that measured the impact of these campaigns across standardized, survey-based outcomes. We conduct a large-scale program evaluation of campaigns from public health At NIO Day , Founder William Li shared plans for the company to expand to 25 different countries and regions by , including the automobile juggernaut nation of Germany.
Would users in other markets and cultures embrace his user enterprise and high-touch model? NIO faced tough competition ahead in the race for EV supremacy. Megan sent an email saying that she accepted your resignation. She scrolled through her personal inbox to find an email stating that the company could not agree to the conditions she had stipulated about a research paper critiquing large language models and also expressing disapproval of a message she had sent to an internal listserv about halting diversity, equity, and inclusion DEI efforts without accountability.
Signs of discontent with global capitalism and national capitalisms abound. Unless we find ways to create better jobs and then improve those jobs further with empathic management and thoughtful mentoring, then we will be unable to create a more stable, purposeful political and economic system.
We cannot resolve any of these challenges only with money. Our crisis is about the distribution of dignity, purpose, and meaning within our societies. Failure to resolve these challenges would likely lead to a generation of ongoing disruption and the destruction of our era of globalization. We cannot resolve any of these challenges only with While there is a vast and mixed literature on gender differences in social preferences, little is known about believed gender differences in social preferences.
This paper documents robust evidence for believed gender differences in social preferences. Across a wide range of contexts that vary in terms of strategic considerations, selfish motives, fairness concepts and applications, we find that individuals robustly expect that women are more generous and more equality-oriented.
Despite the robustness of these beliefs, the believed gender gap in social preferences—in the range of contexts we consider—is largely inaccurate. Across a wide range of contexts that vary in terms of strategic considerations, selfish HBS Book. Health Care Initiative. Featured Case. HBS Working Paper.
By: Rawi Abdelal and Thomas J. Leadership The Leadership Initiative undertakes cutting-edge research and course development projects about leadership and leadership development, both within HBS and through collaborations with other organizations. Sep Recent Publications. Feeling heard is critical to human flourishing—across domains, relationships are strengthened and individual well-being is enhanced when people feel listened to.
High-quality conversational listening not only requires the cognitive processes of attention and processing, but also behavioral expression to communicate one's cognitive engagement to others. This need to behaviorally express listening introduces the possibility of deception. Listening can be expressed using non-verbal, paralinguistic, and verbal behaviors. However, recent work reveals that perceptions of conversational listening are often inaccurate—dishonest portrayals of listening often go undetected, while honest portrayals are sometimes mistaken for deception.
This article will review work on listening, arguing that honest high-quality conversational listening is most effectively conveyed and detected using verbal expressions of listening, in part because these cues cannot be faked. Collins, Hanne. Schweitzer, Emma Levine. Current Opinion in Psychology 47 October Contrary to expectations that economic interdependence might lessen security conflict between China and the U. Together, these trends have blurred the distinction between the state and private capital and resulted in several forms of backlash, including intensified investment reviews, campaigns to exclude Chinese firms from prominent sectors, and novel domestic and international institutions to address perceived threats from Chinese actors.
People are on the move in unprecedented numbers within and between countries. How does demographic change affect local intergroup dynamics? In complement to accounts that emphasize stereotypical features of groups as determinants of their treatment, we propose the group reference dependence hypothesis: violence and negative attitudes toward each minoritized group will depend on the number and size of other minoritized groups in a community.
Specifically, as groups increase or decrease in rank in terms of their size e. We test this hypothesis for hate crimes in U. This framework makes novel predictions about how demographic shifts may affect coalitional structures in the coming years and helps explain previous findings in the literature.
Our results also indicate that attitudes and behaviors toward social categories are not intransigent or driven only by features associated with those groups, such as stereotypes. Roy He, founder and majority shareholder of his family construction material production company, was preparing to pass down the family business through its first generational handover to his children. His decision would establish his familial legacy and set a precedent for both future generational takeovers and the future of family unity and identity.
To assist, He had brought in Hefeng Family Office to develop his succession plan by establishing a family ownership structure, governance system, family trust, and family agreement.
However, he remained dubious: was now the time for him to step back and pass on his legacy to the next generation? He remained reluctant to give up control of the company, and the succession process would require passing on the majority of his shares to his successor.
The structures were now in place, but was the family truly ready for him to pass the baton? Brooks, Arthur C. Breaking new ground for startups, the founders have a difficult set of choices.
They could immediately transform SuperRare into a DAO, pursue a tapered option in which the revenue gradually transitioned to the community treasury, or stay the course as a private company. They considered which option was the best for SuperRare and its community of artists and collectors as well as the SuperRare investors and team. Bussgang, Jeffrey J. In nascent industries—whose new technologies are often poorly understood by regulators—contending with regulatory uncertainty can be crucial to organizational survival and growth.
Prior research on nonmarket strategy has largely focused on established firms in mature industries, but such strategies are apt to differ for new ventures, which generally have limited resources and market power and operate in novel domains in which the rules of the game are underdeveloped.
How do new ventures navigate regulatory uncertainty? To explore this question, we conduct an inductive, multi-case research study of five ventures that pioneered the nascent personal-genomics industry.
Drawing on extensive qualitative data, we develop an emergent theoretical framework that elucidates how ventures navigate evolving regulatory uncertainty.
In doing so, we also introduce a novel logic of interaction—regulatory co-creation—that ventures can employ to shape emerging regulations. Taken together, our theory and findings challenge existing perspectives on strategy in nascent industries, shed light on the dynamic interplay between market and nonmarket strategy, and recast the relationship between ventures and regulators during the emergence of new technology industries.
Gao, Cheng, and Rory McDonald. This paper studies the impact of the Chinese Exclusion Act, which banned Chinese immigration to the United States after , across U. We find that the Act reduced labor supply for both the Chinese and other groups i. The drop in Chinese and non-Chinese labor supply was driven by both skilled and unskilled workers, and occurred across all major economic sectors. The Act lowered income for all workers, and caused a sharp contraction in manufacturing, mining and agriculture.
The results imply that Chinese and other workers were complements in economic production and the exclusion of the Chinese had a negative impact on economic development of the Western United States.
Many negative effects lasted until at least Re: Tsedal Neeley. The Case Method Introduced by HBS faculty to business education in , the case method is a powerful interactive learning process that puts students in the shoes of a leader faced with a real-world management issue and challenges them to propose and justify a resolution. Today, HBS remains an authority on teaching by the case method. Faculty Positions. Harvard Business School seeks candidates in all fields for full time positions.
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