Skip to main content
Official Logo of Columbia Business School
Academics
  • Visit Academics
  • Degree Programs
  • Admissions
  • Tuition & Financial Aid
  • Campus Life
  • Career Management
Faculty & Research
  • Visit Faculty & Research
  • Academic Divisions
  • Search the Directory
  • Research
  • Faculty Resources
  • Teaching Excellence
Executive Education
  • Visit Executive Education
  • For Organizations
  • For Individuals
  • Program Finder
  • Online Programs
  • Certificates
About Us
  • Visit About Us
  • CBS Directory
  • Events Calendar
  • Leadership
  • Our History
  • The CBS Experience
  • Newsroom
Alumni
  • Visit Alumni
  • Update Your Information
  • Lifetime Network
  • Alumni Benefits
  • Alumni Career Management
  • Women's Circle
  • Alumni Clubs
Insights
  • Visit Insights
  • Digital Future
  • Climate
  • Business & Society
  • Entrepreneurship
  • 21st Century Finance
  • Magazine
Leading Insights Landing Image
Faculty & Research
  • Academic Divisions
  • Search the Directory
  • Research
  • Faculty Resources
  • Teaching Excellence
  • More 

Columbia Business School Research

Jump to main content
At the Forefront of Their Fields
The Columbia Advantage

At Columbia Business School, our faculty members are at the forefront of research in their respective fields, offering innovative ideas that directly impact business practice today. A glance at our publication on faculty research, CBS Insights, will give you a sense of the breadth and immediacy of the insight our professors provide.

Columbia Business School in conjunction with the Office of the Dean provides its faculty, PhD students, and other research staff with resources and cutting edge tools and technology to help push the boundaries of business research.

Specifically, our goal is to seamlessly help faculty set up and execute their research programs. This includes, but is not limited to:

  • Highly skilled staff of full-time predoctoral fellows, summer research interns, and part-time research assistants
  • Access to centralized funding from the Dean's office and external grants to support research activities
  • Providing a state-of-the-art high-performance grid computing environment
  • Acquisition of proprietary data sets and access to various databases
  • Leading library which provides faculty with latest tools and techniques to enable digital scholarship

All these activities help to facilitate and streamline faculty research, and that of the doctoral students working with them.

Search the repository

Type
Journal Article
Date
2025

New Tools, New Rules: A Practical Guide to Effective and Responsible GenAI Use for Surveys and Experiments Research

Author
Blanchard, Simon, Nofar Duani, Aaron Garvey, Oded Netzer , and Travis Oh

Generative Artificial Intelligence (GenAI) tools based on Large Language Models (LLMs) are quickly reshaping how researchers conduct surveys and experiments. From reviewing the literature and designing instruments, to administering studies, coding data, and interpreting results, these tools offer substantial opportunities to improve research productivity and advance methodology. Yet with this potential comes a critical challenge: researchers often use these systems without fully understanding how they work.

Read More
Download PDF
Type
Journal Article
Date
2025

Taking A Stand While Abroad? Towards A Theory of MNCs' Sociopolitical Activism in Host Countries

Author
Minefee, Ishva and Lori Yue

With multinational corporations (MNCs) increasingly taking public stances on sociopolitical issues such as immigration, LGBTQ+ rights, and racism, it is imperative that International Business (IB) research keeps pace with normative societal debates. In this paper, we introduce the concept of corporate sociopolitical activism (SPA) to the IB literature and develop theory on why MNCs consistently or inconsistently engage in SPA in response to the same issue in their home country and a host country.

Read More
Download PDF
Type
Journal Article
Date
2025

Should the Government Be Paying Investment Fees on $3 Trillion of Tax-Deferred Retirement Assets?

Author
Landoni, Mattia and Stephen Zeldes

Under standard assumptions, individuals and the government are indifferent between traditional tax-deferred retirement accounts and “front-loaded” (Roth) accounts. Adding investment fees to this benchmark, individuals are still indifferent but the government is not. We show that under weak conditions firms charge equal percent fees under both systems, yielding higher dollar fees under Traditional. We estimate that tax deferral increases demand for asset management services by $3.8 trillion, costing the government $23.4 billion in annual fees.

Read More
Type
Journal Article
Date
2025

What Makes Consumption Experiences Feel “Special”? A Multimethod Integrative Analysis

Author
Sun, Jennifer J and Michel Tuan Pham

This paper addresses a simple theoretical question of high substantive relevance: What makes a consumption experience special in a consumer’s mind?

Read More
Type
Journal Article
Date
2025

Wikipedia Contributions in the Wake of ChatGPT

Author
Lyu, Liang, James Siderius, Hannah Li , Daron Acemoglu, Daniel Huttenlocher, and Asuman Ozdaglar

How has Wikipedia activity changed for articles with content similar to ChatGPT following its introduction? We estimate the impact using differences-in-differences models, with dissimilar Wikipedia articles as a baseline for comparison, to examine how changes in voluntary knowledge contributions and information-seeking behavior differ by article content. Our analysis reveals that newly created, popular articles whose content overlaps with ChatGPT 3.5 saw a greater decline in editing and viewership after the November 2022 launch of ChatGPT than dissimilar articles did.

Read More
Type
Journal Article
Date
2025

The welfare impact of recommendation algorithms

Author
Doval, Laura and Alex Smolin

In this letter, we summarize our recent work on the welfare impact of recommendation algorithms and propose questions for further study. We model recommendation algorithms as an information structure, which shapes how a third party takes actions that affect the welfare of different individuals in a population. Each recommendation algorithm thus induces a welfare profile, describing the expected payoffs of different individuals when the third party takes actions following the algorithm.

Read More
Type
Journal Article
Date
2025

Measuring population heterogeneity requires heterogeneous populations

Author
Krefeld-Schwalb, Antonia , Xuwen (Kevin) Hua , and Eric Johnson

Any judgment about population heterogeneity depends on the definition of the sampling frame (1). In a recent paper, Holzmeister et al. (2) (HJBK hereafter) compare different sources of heterogeneity to population heterogeneity. They find that population heterogeneity is much smaller compared to design and analytic heterogeneity as a source of variation in effect sizes.

Read More
Type
Journal Article
Date
2025

Foreign Direct Investment and Development

Author
Garetto, Stefania, Nina Pavcnik, Natalia Ramondo, Vanessa Alviarez, Jingting Fan, Nitya Pandalai-Nayar, Nicola Limodio, Isabela Manelici, Nicolas Morales, Evangelina Dardati, Ezequiel Garcia-Lembergman, Grace Weishi Gu, Galina Hale, David Hémous, Ralf Martin, Farid Farrokhi, Heitor S. Pellegrina, Pierre-Louis Vézina, Laura Boudreau , and Jose P. Vasquez

Multinational enterprises are at the centre of policy debates in low- and middle-income countries. As some of the most productive and innovative firms in the world, which are at the core of global supply chains, multinational enterprises (MNEs) can accelerate development in the countries hosting them, both directly with their presence, and indirectly through linkages to local economic actors.

Read More
Type
Journal Article
Date
2025

VoxDevLit on Foreign Direct Investment

Author
Boudreau, Laura

Multinational enterprises are at the centre of policy debates in low- and middle-income countries. As some of the most productive and innovative firms in the world, which are at the core of global supply chains, multinational enterprises (MNEs) can accelerate development in the countries hosting them, both directly with their presence, and indirectly through linkages to local economic actors.

Read More
Type
Journal Article
Date
2025

Better Innovation for a Better World

Author
Toubia, Olivier

We aim to stimulate discussion on how innovation research within marketing can use a better world (BW) perspective to help innovation become a driver of positive change in the world. In this "Challenging the Boundaries" series paper, we hope to provide purposeful research opportunities for scholars seeking to bridge innovation research with the BW movement. We frame our discussion with four areas of innovation research in marketing that are particularly relevant to BW objectives.

Read More
Type
Journal Article
Date
2025

The Cost of PAC Funding: Evidence on PAC Funding Refusal Across Candidate Race and Gender

Author
Dudley, Jennifer and Olivia Neff

Research on campaign finance suggests that Americans prefer candidates that are not funded by Political Action Committees (PACs). However, prior research has not examined how perceptions of a candidate who is PAC-funded vs. PAC free might differ for racial minority and female candidates compared to White, male candidates. Using experimental vignettes, we test the causal impact of PAC funding, race, and gender on voter perceptions of the candidate.

Read More
Type
Journal Article
Date
2025

Personalized Game Design for Improved User Retention and Monetization in Freemium Games

Author
Ascarza, Eva, Oded Netzer , and Julian Runge

One of the most crucial aspects and significant levers that gaming companies possess in designing digital games is setting the level of difficulty, which essentially regulates the user’s ability to progress within the game. This aspect is particularly significant in free-to-play (F2P) games, where the paid version often aims to enhance the player’s experience and to facilitate faster progression.

Read More
Download PDF
Type
Journal Article
Date
2025

Using natural language processing to analyse text data in behavioural science

Author
Feuerriegel, Stefan , Abdurahman Maarouf, Dominik Bär, Dominique Geissler, Jonas Schweisthal, Nicolas Pröllochs, Claire E. Robertson, Steve Rathje, Jochen Hartmann, Saif M. Mohammad, Oded Netzer , Alexandra A. Siegel, Barbara Plank, and Jay J. Van Bavel

Language is a uniquely human trait at the core of human interactions. The language people use often reflects their personality, intentions and state of mind. With the integration of the Internet and social media into everyday life, much of human communication is documented as written text. These online forms of communication (for example, blogs, reviews, social media posts and emails) provide a window into human behaviour and therefore present abundant research opportunities for behavioural science.

Read More
Download PDF
Type
Journal Article
Date
2024

Are Inflationary Shocks Regressive? A Feasible Set Approach

Author
Del Canto Monge, Felipe, John Grigsby, Eric Qian, and Conor Walsh

We develop a framework to measure the welfare impact of macroeconomic shocks throughout the distribution. The first-order impact of a shock is summarized by the induced movements in agents’ feasible sets: their budget constraint and borrowing constraints. We combine estimated impulse response functions with micro-data on household consumption bundles, asset holdings, and labor income for different US households. We find that inflationary oil shocks are regressive, but monetary expansions are progressive, and there is substantial heterogeneity throughout the life cycle.

Read More
Download PDF
Type
Journal Article
Date
2024

Synthesis of evidence yields high social cost of carbon due to structural model variation and uncertainties

Author
Moore, Frances C., Moritz A. Drupp, James Rising, Simon Dietz, Ivan Rudik, and Gernot Wagner

Significance: Estimating the social cost of carbon (SCC)—the cost of one additional ton of CO2 emitted—is crucial for the analysis of climate change policies. Despite numerous recent studies investigating how fundamental aspects of model structure affect SCC evaluation, findings are scattered, making the relative importance of different modeling elements hard to establish. This paper synthesizes results from the published literature over the last 20 y, revealing a wide range of SCC estimates.

Read More
Type
Journal Article
Date
2024

Minimum Viable Signal: Venture Funding, Social Movements, and Race

Author
Yimfor, Emmanuel, Matt Marx, and Qian Wang

How do venture capital investors react to social movements, especially those that relate to historical underrepresentation in their funding decisions? We use image and name algorithms combined with clerical review to classify race for 150,000 founders and 30,000 investors. Our new data allow us to assess the impact of George Floyd's murder on VC funding of Black entrepreneurs and identify which VCs were most responsive. Although VCs responded swiftly, investment in Black-owned startups reverted to prior levels within two years.

Read More
Type
Journal Article
Date
2024

Leaders in Social Movements: Evidence from Unions in Myanmar

Author
Boudreau, Laura, Rocco Macchiavello, Virginia Minni, and Mari Tanaka

Social movements are catalysts for crucial institutional changes. To succeed, they must coordinate members’ views (consensus building) and actions (mobilization). We study union leaders within Myanmar’s burgeoning labor movement. Union leaders are positively selected on both ability and personality traits that enable them to influence others, yet they earn lower wages. In group discussions about workers’ views on an upcoming national minimum wage negotiation, randomly embedded leaders build consensus around the union’s preferred policy.

Read More
Download PDF
Type
Journal Article
Date
2024

Elite Conflict and Industry Regulation: How Political Polarization Affects Local Restriction and State Preemption of the U.S. Hydraulic Fracturing Industry

Author
Yue, Lori and Yuni Wen

We leverage Lachmann’s insight on elite conflict to explain the politics surrounding industry regulation in contemporary America and argue that conflicts between political elites create both constraints on industry players and opportunities for them to shape regulation. The widening urban-rural polarization of American society, in particular, has made urban political elites more liberal than those in state politics. The greater the political polarization of a state,  the more local restrictions the nascent U.S.

Read More
Download PDF
Type
Journal Article
Date
2024

CSR as Hedging Against Institutional Transition Risk: Corporate Philanthropy After the Sunflower Movement in Taiwan

Author
Cai, Yishu , Lori Yue , Fangwen Lin, Shipeng Yan, and Haibin Yang

Firms with political connections to a regime with an authoritarian history face a dilemma when the regime undergoes a democratic transition. Such connections provide an essential competitive advantage when the regime is in power but become a liability when an institutional transition brings democratic change. This study theorizes that when mass protests expose a regime’s distorted policies favoring elites over others and signal a high probability of regime turnover, firms may hedge against the risks associated with their political connections by engaging in philanthropy.

Read More
Download PDF
Type
Journal Article
Date
2024

Demographic pricing in the digital age: Assessing fairness perceptions in algorithmic versus human-based price discrimination

Author
Duani, N., A. Barasch, and Vicki Morwitz

Advancements in data analytics and increased access to consumer data have revolutionized companies’ price discrimination capabilities. These technological advancements have not only changed how prices are determined but also who determines them, with companies increasingly relying on algorithms rather than humans to set prices. We examine consumers’ fairness perceptions of demographic price discrimination—a prevalent yet controversial practice that can trigger considerable consumer backlash—and find that it depends on who is responsible for setting prices.

Read More
Type
Journal Article
Date
2024

Climate policy curves highlight key mitigation choices

Author
Hänsel, Martin C., Michael D. Bauer, Moritz A. Drupp, Gernot Wagner , and Glenn D. Rudebusch

The extent of future climate change is largely a policy choice. We illuminate this choice with climate policy curves (CPCs), which link climate policies to subsequent global temperatures. The estimated downward sloping CPCs highlight the key trade-off between initial policy ambition, expressed via an overall effective carbon price, and the subsequent policy burden left for future generations. We also demonstrate how different CPCs can illustrate the range of climate policy paths towards attaining the Paris Agreement temperature goals.

Read More
Type
Journal Article
Date
2024

High-Skilled Immigration Enhances Regional Entrepreneurship

Author
Tareque, Inara, Jorge Guzman , and Dan Wang

Immigrants are highly entrepreneurial. But, what is the broader relationship between high-skilled immigration and regional entrepreneurship activity beyond the ventures that immigrants establish themselves? Using administrative data on newly awarded H-1B visas in the United States, we document a positive relationship between highskilled immigration and regional entrepreneurship. A doubling of immigrants to a metropolitan statistical area is followed by a 6% increase in entrepreneurship within three years.

Read More
Type
Journal Article
Date
2024

This is Why I Leave: Race and Voluntary Departure

Author
Sterling, Adina

Although there have been numerous studies on voluntary departure—i.e., quit behavior—the way race influences voluntary departure is not yet settled. Some studies suggest racial minorities are more apt to voluntarily depart than non-minority employees due to discrimination in the workplace. Other studies suggest racial minorities are more apt to stay due to discrimination in the labor market.

Read More
Download PDF
Type
Journal Article
Date
2024

Personalized Game Design for Improved User Retention and Monetization in Freemium Mobile Games

Author
Ascarza, Eva, Oded Netzer , and Julian Runge

One of the most significant levers available to gaming companies in designing digital games is setting the level of difficulty, which essentially regulates the user’s ability to progress within the game. This aspect is particularly significant in free-to-play (F2P) games, where the paid version often aims to enhance the player’s experience and to facilitate faster progression. In this paper, we leverage a large randomized control trial to assess the effect of dynamically adjusting game difficulty on players’ behavior and game monetization in the context of a popular F2P mobile game.

Read More
Type
Journal Article
Date
2024

EXPRESS: Who Shares Fake News? Uncovering Insights from Social Media Users' Post Histories

Author
Schoenmueller, Verena, Simon J. Blanchard, and Gita Johar

We propose that social-media users’ own post histories are an underused yet valuable resource for studying fake-news sharing. By extracting textual cues from their prior posts, and contrasting their prevalence against random social-media users and others (e.g., those with similar socio-demographics, political news-sharers, and fact-check sharers), researchers can identify cues that distinguish fake-news sharers, predict those most likely to share fake news, and identify promising constructs to build interventions. Our research includes studies along these lines.

Read More
Type
Journal Article
Date
2024

The Customer Journey as a Source of Information

Author
Padilla, Nicolas, Eva Ascarza, and Oded Netzer
We introduce a probabilistic machine learning model that fuses customer click-stream data and purchase data within and across journeys. This approach addresses the critical business need for leveraging first-party data (1PD), particularly in environments with infrequent purchases, which are characterized by minimal or no prior purchase history.
Read More
Download PDF
Type
Journal Article
Date
2024

Serving with a Smile on Airbnb: Analyzing the Economic Returns and Behavioral Underpinnings of the Host’s Smile

Author
Zhang, Shunyuan, Elizabeth Friedman , Kannan Srinivasan, Ravi Dhar, and Xupin Zhang

Non-informational cues, such as facial expressions, can significantly influence judgments and interpersonal impressions. While past research has explored how smiling affects business outcomes in offline or in-store contexts, relatively less is known about how smiling influences consumer choice in e-commerce settings even when there is no face-to-face interaction.

Read More
Type
Journal Article
Date
2024

Unveiling the mind of the machine

Author
Clegg, M., R. Hofstetter, E. DeBellis, and Bernd Schmitt

Previous research has shown that consumers respond differently to decisions made by humans versus algorithms. Many tasks, however, are not performed by humans anymore but entirely by algorithms. In fact, consumers increasingly encounter algorithm-controlled products, such as robotic vacuum cleaners or smart refrigerators, which are steered by different types of algorithms. Building on insights from computer science and consumer research on algorithm perception, this research investigates how consumers respond to different types of algorithms within these products.

Read More
Type
Journal Article
Date
2024

The Entry-Deterring Effects of Synergies in Complementor Acquisitions: Evidence from Apple’s Digital Platform Market, the iOS App Store

Author
Wang, Yongzhi (Alex), Lori Yue , Nandini Rajagoplan, and Xun (Brian) Wu

Acquisitions can shift the market structure of a digital platform in ways that affect subsequent entries and hence the platform’s base of complementors. Synergies that complementor acquirers accrue can be entry-deterring. We develop a two-by-two typology of acquisition synergies in a multisided platform based on the two sides of a platform market (user side or complementary-technology side) and two sources of synergies (scale or scope economies).

Read More
Download PDF
Type
Journal Article
Date
2024

Secrets at Work

Author
Slepian, Michael, Eric M. Anicich, and Nir Halevy

Organizational secrecy is central to national security, politics, business, technology, healthcare, and law, but its effects are largely unknown. Keeping organizational secrets creates social divides between those who are required to keep the secret and those who are not allowed to know it. We demonstrate that keeping organizational secrets simultaneously evokes feelings of social isolation and status, which have opposing effects on employee well-being.

Read More
Download PDF
Type
Journal Article
Date
2024

Widespread misestimates of greenhouse gas emissions suggest low carbon competence

Author
Johnson, Eric, Eli Sugerman , Vicki Morwitz , Gita Johar , and Michael Morris

As concern with climate change increases, people seek to behave and consume sustainably. This requires understanding which behaviours, firms and industries have the greatest impact on emissions. Here we ask if people are knowledgeable enough to make choices that align with growing sustainability intentions.

Read More
Type
Journal Article
Date
2024

Vaccine Progress, Stock Prices, and the Value of Ending the Pandemic

Author
Acharya, Viral, Timothy Johnson, M. Suresh Sundaresan , and Steven Zheng

One measure of the ex ante cost of disasters is the welfare gain from shorten-ing their expected duration. We introduce a stochastic clock into a standard disaster model that summarizes information about progress (positive or negative) toward disaster resolution. We show that the stock market response to duration news is essentially a sufficient statistic to identify the welfare gain to interventions that alter the state.

Read More
Download PDF
Type
Journal Article
Date
2024

Stable Matching on the Job? Theory and Evidence on Internal Talent Markets

Author
Cowgill, Bo, Jonathan Davis, Pablo Montagnes, and Patryk Perkowski

A principal often needs to match agents to perform coordinated tasks, but agents can quit or slack off if they dislike their match. We study two prevalent approaches for matching within organizations: centralized assignment by firm leaders and self-organization through market-like mechanisms. We provide a formal model of the strengths and weaknesses of both methods under different settings, incentives, and production technologies. The model highlights trade-offs between match-specific productivity and job satisfaction.

Read More
Type
Journal Article
Date
2024

Carbon Dioxide as a Risky Asset

Author
Bauer, Adam Michael, Cristian Proistosescu, and Gernot Wagner

We develop a financial-economic model for carbon pricing with an explicit representation of decision making under risk and uncertainty that is consistent with the Intergovernmental Panel on Climate Change’s sixth assessment report. We show that risk associated with high damages in the long term leads to stringent mitigation of carbon dioxide emissions in the near term, and find that this approach provides economic support for stringent warming targets across a variety of specifications.

Read More
Type
Journal Article
Date
2024

The Topography of Thought

Author
Berger, Jonah and Olivier Toubia

Whether speaking, writing, or thinking, almost everything humans do involves language. But can the semantic structure behind how people express their ideas shed light on their future success? Natural language processing of over 40,000 college application essays finds that students whose writing covers more semantic ground, while moving more slowly (i.e. moving between more semantically similar ideas), end up doing better academically (i.e. have a higher college grade point average). These relationships hold controlling for dozens of other factors (e.g.

Read More
Type
Journal Article
Date
2024

Firms’ Rhetorical Nationalism: Theory, Measurement, and Evidence from a Computational Analysis of Chinese Public Firms

Author
Yue, Lori, Jiexin Zheng, and Kaixian Mao

In this paper, we develop a computational measure of the firm-level rhetorical nationalism. We first review the literature and develop a four-dimensional theoretical framework of nationalism relevant to firms: national pride, anti-foreign, dominant agenda, and corporate role. We then use machine-learning-based text analysis of over 41,000 annual reports of Chinese public firms from 2000 to 2020 and identify a dictionary of words for each dimension.

Read More
Download PDF
Type
Journal Article
Date
2024

The Language of (Non)replicable Social Science

Author
Herzenstein, Michal , Sanjana Rosario , Shin Oblander , and Oded Netzer

Using publicly available data from 299 pre-registered replications from the social sciences, we find that the language used to describe a study can predict its replicability above and beyond a large set of controls related to the paper characteristics, study design and results, author information, and replication effort. To understand why, we analyze the textual differences between replicable and nonreplicable studies.

Read More
Download PDF
Type
Journal Article
Date
2024

Valuing Financial Data

Author
Farboodi, Maryam, Dhruv Singal, Laura Veldkamp , and Venky Venkateswaran

How should an investor value financial data? The answer is complicated because it depends on the characteristics of all investors. We develop a sufficient statistics approach that uses equilibrium asset return moments to summarize all relevant information
about others’ characteristics. It can value data that is public or private, about one or many assets, relevant for dividends or for sentiment. While different data types, of course, have different valuations, heterogeneous investors also value the same data

Read More
Download PDF
Type
Journal Article
Date
2024

A Theory of Fiscal Responsibility and Irresponsibility

Author
Halac, Marina and Pierre Yared

We propose a political economy mechanism that explains the presence of fiscal regimes punctuated by crisis periods. Our model focuses on the interaction between successive deficit-biased governments subject to i.i.d. fiscal shocks. We show that the economy transitions between a fiscally responsible regime and a fiscally irresponsible regime, with transitions occurring during crises when fiscal needs are large. Under fiscal responsibility, governments limit their spending to avoid transitioning to fiscal irresponsibility.

Read More
Download PDF
Type
Journal Article
Date
2024

Detecting Routines: Applications to Ridesharing CRM

Author
Dew, Ryan, Eva Ascarza, Oded Netzer , and Nachum Sicherman

Routines shape many aspects of day-to-day consumption. While prior work has established the importance of habits in consumer behavior, little work has been done to understand the implications of routines — which we define as repeated behaviors with recurring, temporal structures — for customer management. One reason for this dearth is the difficulty of measuring routines from transaction data, particularly when routines vary substantially across customers. We propose a new approach for doing so, which we apply in the context of ridesharing.

Read More
Download PDF
Type
Journal Article
Date
2024

Is Journalistic Truth Dead? Measuring How Informed Voters Are about Political News

Author
Angelucci, Charles and Andrea Prat

To investigate general patterns in news information in the United States, we combine a protocol for identifying major political news stories, 11 monthly surveys with 15,000 participants, and a model of news discernment. When confronted with a true and a fake news story, 47 percent of subjects confidently choose the true story, 3 percent confidently choose the fake story, and the remaining half are uncertain. Socioeconomic differences are associated with large variations in the probability of selecting the true news story.

Read More
Download PDF
Type
Journal Article
Date
2024

The New Psychology of Secrecy

Author
Slepian, Michael

Nearly everyone keeps secrets, but only recently have we begun to learn about the secrets people keep in their everyday lives and the experiences people have with their secrets. Early experimental research into secrecy sought to create secrecy situations in the laboratory, but in trying to observe secrecy in real time, these studies conflated secrecy with the act of concealment. In contrast, a new psychology of secrecy recognizes that secrecy is far more than biting our tongues and dodging others’ questions.

Read More
Type
Journal Article
Date
2024

By the People and For the People: The Double-Edged Effects Of Platform User Mobilization On Public Policies

Author
Wen, Yuni, Edward Walker, and Lori Yue

Constituency mobilization is a widely prevalent corporate political strategy, yet we lack systematic evidence on the scope of its effectiveness. One emerging form of constituency mobilization is user mobilization, wherein a company focuses on rallying political support among its users. This approach differs from traditional lobbying, which relies on tightly controlled insider strategies to exert influence over lawmakers. In our study of user mobilization by platform-based companies in the U.S.

Read More
Download PDF
Type
Journal Article
Date
2024

Exposing Omitted Moderators: Why Effects Size Differ in the Social Sciences.

Author
Krefeld-Schwab, Antonia, Eli Sugerman , and Eric Johnson

Policymakers increasingly rely on behavioral science in response to global challenges, such as climate change or global health crises. But applications of behavioral science face an important problem: Interventions often exert substantially different effects across contexts and individuals. We examine this heterogeneity for different paradigms that underlie many behavioral interventions. We study the paradigms in a series of five preregistered studies across one in-person and 10 online panels, with over 11,000 respondents in total.

Read More
Type
Journal Article
Date
2024

Americans misperceive the frequency and format of political debate

Author
Bailey, Erica R., Mike W. White , Sheena Iyengar , and Modupe Akinola

Disagreement over divergent viewpoints seems like an ever-present feature of American life—but how common is debate and with whom do debates most often occur? In the present research, we theorize that the landscape of debate is distorted by social media and the salience of negativity present in high-profile spats. To understand the true landscape of debate, we conducted three studies (N = 2985) across online and lab samples.

Read More
Type
Journal Article
Date
2024

Changing Central Bank Pressures and Inflation

Author
Afrouzi, Hassan, Marina Halac, Kenneth Rogoff, and Pierre Yared

We introduce a simple long-run aggregate demand and supply framework for evaluating long-run inflation. The framework illustrates how exogenous economic and political economy factors generate pressures that, in the presence of central bank discretion, can have an impact on long-run inflation as well as transitions between steady states. We use the analysis to provide a fresh perspective on the forces that drove global inflation downward over the past four decades.

Read More
Download PDF
Type
Journal Article
Date
2024

The Economics of the Public Option: Evidence from Local Pharmaceutical Markets

Author
Atal, Juan Pablo, José Ignacio Cuesta, Felipe González, and Cristobal Otero Ruiz-Tagle

We study the effects of competition by state-owned firms, leveraging the decentralized entry of public pharmacies to local markets in Chile. Public pharmacies sell the same drugs at a third of private pharmacy prices, because of stronger upstream bargaining and market power in the private sector, but are of lower quality. Public pharmacies induced market segmentation and price increases in the private sector, which benefited the switchers to the public option but harmed the stayers.

Read More
Download PDF
Type
Journal Article
Date
2024

Personalized Pricing and the Value of Time: Evidence from Auctioned Cab Rides

Author
Buchholz, Nicholas, Laura Doval , Jakub Kastl, Filip Matejka, and Tobias Salz

We recover valuations of time using detailed data from a large ride-hail platform, where drivers bid on trips and consumers choose between a set of rides with different prices and wait times. Leveraging a consumer panel, we estimate demand as a function of both prices and wait times and use the resulting estimates to recover heterogeneity in the value of time across consumers. We study the welfare implications of personalized pricing and its effect on the platform, drivers, and consumers.

Read More
Type
Journal Article
Date
2024

Using large language models to generate silicon samples in consumer and marketing research: Challenges, opportunities, and guidelines.

Author
Sarstedt, M., S. Adler, L. Rau, and Bernd Schmitt

Should consumer researchers employ silicon samples and artificially generated data based on large language models, such as GPT, to mimic human respondents' behavior? In this paper, we review recent research that has compared result patterns from silicon and human samples, finding that results vary considerably across different domains. Based on these results, we present specific recommendations for silicon sample use in consumer and marketing research.

Read More
Type
Journal Article
Date
2024

Central Bank Credibility and Fiscal Responsibility

Author
Schreger, Jesse, Pierre Yared , and Emilio Emilio Zaratiegui

We consider a New Keynesian model with strategic monetary and fiscal interactions. The fiscal authority maximizes social welfare. Monetary policy is delegated to a central bank with an anti-inflation bias that suffers from a lack of commitment. The impact of central bank hawkishness on debt issuance is non-monotonic because increased

Read More
Download PDF

Pagination

  • Current page 1
  • Page 2
  • Page 3
  • Page 4
  • Page 5
  • Page 6
  • Page 7
  • Page 8
  • Page 9
  • Ellipsis …
  • Last page 84

External CSS

Homepage Breadcrumb Block

Official Logo of Columbia Business School

Columbia University in the City of New York
665 West 130th Street, New York, NY 10027
Tel. 212-854-1100

Maps and Directions
    • Centers & Programs
    • Current Students
    • Corporate
    • Directory
    • Support Us
    • Recruiters & Partners
    • Faculty & Staff
    • Newsroom
    • Careers
    • Contact Us
    • Accessibility
    • Privacy & Policy Statements
Back to Top Upward arrow
TOP

© Columbia University

  • X
  • Instagram
  • Facebook
  • YouTube
  • LinkedIn