Human behavior can be an odd thing, and it's something that can drastically affect important parts of our lives, including our economy. "Even markets with some rational participants can behave irrationally. Speculation can move prices around for irrational reasons, and rational traders often either can’t or won’t bother to correct them," according to a Bloomberg article that cites the research of Matthew Ringgenberg, associate [...]
We've all been in a meeting with that loud person who somehow manages to overshadow everyone else — even if they don't really know what they are talking about. These "proxies of expertise" often end up taking the lion's share of attention in a given meeting, and can lead to poor decision making and negative side effects, says Bryan Bonner, Management professor at the [...]
Focusing on individual liberty and purity may be the way to change the minds of those who choose not to vaccinate their children, new research shows. A paper by Jesse Graham — George S. Eccles Professor of Business Ethics here at the David Eccles School of Business — and co-authors suggests that reframing the conversation around the anti-vaxxer movement might change more minds than [...]
The arguments behind abolishing decentralized markets as envisaged by the European Securities and Markets Authority, or ESMA, in the new Markets in Financial Instruments Directive, MIFID II, rules may not be valid. Contrary to intuition, decentralized trading of financial instruments may not stand in the way of effective aggregation of information and price formation. That is the conclusion of research by professors Elena Asparouhova of [...]
Business leaders or politicians who make decisions based on moral grounds rather than pragmatic ones may face fiercer repercussions if they later change their minds. New research by Tamar Kreps, an assistant professor of Management at the David Eccles School of Business, shows that moralizers who later change their minds are seen as more hypocritical than those who make decisions based purely on economics. [...]
Utah Business magazine has come out with their 2017 edition of 30 Women to Watch, and Jennifer Robinson is on the list! Robinson, associate director of the Kem C. Gardner Policy Institute, was honored for launching the LeadNOW program and her passion for public service. Watch her video and see why she's one to keep your eye on at Utah Business.
President Trump's proposed tax plan could have wide-reaching implications for the U.S. economy. But it can be tough for the average person to understand the ramifications. Turns out most Utahns won't benefit from the tax cuts, according to David Eccles School of Business Assistant Professor of Finance Nathan Seegert. He spoke with KTVX to explain what the cuts will mean for average Americans. See [...]
Professor Don Wardell, the chair of the Operations and Information Systems department the David Eccles School of Business, was quoted in the Chattanooga Times Free Press in this story about how corporations and firms are using scripts in customer service interactions and how customers respond. Read the full story here.
The University of Utah is set to announce The Policy Institute, an institution created to provide independent economic, demographic, and public policy decision support across Utah. Housed within the David Eccles School of Business, the new institute will bring together the Bureau of Economic and Business Research (BEBR), and the Center for Public Policy & Administration (CPPA). The institute’s mission will be to support [...]