In the aftermath of financial crises, one might assume individuals become wary of risk. But is that because of what they have seen in the news, or do they need personal experience to act? A new study on the 2007-2009 global financ ...

Gift-giving is a big business – in the US annual spending on gift-giving reached $159 billion in 2017. But such expenditure may also be symptomatic of overspending. In the UK in 2015, one in 10 people reported experiencing f ...

Retailers are often faced with a trade-off between setup costs, which arise when placing an order, and the associated inventory holding costs. In operations literature, something that has received a considerable amount of attentio ...

Eurowings, the German low-cost airline, offers leisure travelers a sweet deal. Fly to many of its popular European destinations for as low as 33 euros (about $38). The only catch: Eurowings decides where you end up. It works like ...

Political connections have been associated with various benefits to firms and shareholders around the world – from better access to banking finance, to lower tax barriers, to lax regulatory enforcement, to receipt of governm ...

The simple assumption about feedback is that it should let employees know where they stand on job performance, yet researchers have had difficulty proving this happens in practice. One recent study, however, has been able to demon ...

When designing bond contracts, bondholders should be aware that private lenders will likely have different preferences as borrowers enter financial distress, and are likely to design debt contracts differently when there are priva ...

Online hiring is often assumed to reduce biases based on gender, age or race because such information is often not explicitly revealed by job applicants. But a new study shows that biases are alive and kicking thanks to subtle cue ...

A key challenge in supply chain management is to match supply and demand of various products. In dealing with this challenge, substitution is a useful option of recourse for managing product inventories: when the demand for a cert ...

Two organizations are more likely to establish a connection if they have a pre-existing relationship with a common partner or intermediary—this is known as triadic closure and has long been of interest to scholars. However, ...