How Behavioral Factors Shape Retirement Wealth
Nikolai Roussanov, Olivia S. Mitchell
July 30, 2024
A recent Wharton conference explored how noncognitive skills, mortality beliefs, aging, and gender disparities impact retirement wealth. Wharton’s Olivia S. Mitchell states the stark truth about saving: “Let’s be honest, saving is no fun. People don’t get ‘utils’ (or utility) out of saving. They get utils out of spending. Therefore we must devise new […]
How Market Power in Repo Financing Leads to Imperfect Competition
Amy Wang HuberJuly 24, 2024
Broker-dealers have monopsony power in repo financing that inflates their profits, and could impact the broader economy, according to a study by Wharton’s Amy Wang Huber. A hidden weakness in a section of the financial market tracked closely by the Federal Reserve could have wide ramifications. The market for repos, or repurchase agreements, provides […]
AI Can’t Replace You at Work. Here’s Why
Valery YakubovichJuly 24, 2024
Valery Yakubovich, executive director of Wharton’s Mack Institute for Innovation Management, says that generative AI has a long way to go before it won’t require intensive human oversight. Workers can stop worrying about being replaced by generative artificial intelligence. Wharton experts Valery Yakubovich, Peter Cappelli, and Prasanna Tambe believe it isn’t going to happen […]
Are Corporate Human Rights Practices Up to Par?
William LauferJuly 17, 2024
The Zicklin Bright Index evaluated 150 corporations and their human rights practices in 2023, revealing key challenges that are hindering progress. In May, a U.S. Senate committee revealed that vehicles made by BMW, Jaguar Land Rover, and Volkswagen contained parts from suppliers banned in the U.S. for employing forced Uyghur labor in China. “Automakers’ […]
For New Ideas, Think Inside (This) Box
David ResnickJuly 17, 2024
In this Nano Tool for Leaders, Penn’s David Resnick offers guidance on using helpful constraints to unlock new solutions to old problems. Nano Tools for Leaders® — a collaboration between Wharton Executive Education and Wharton’s Center for Leadership and Change Management — are fast, effective tools that you can learn and start using in […]
Marketplace Dignity: The Hidden Driver of Customer Engagement
Cait LambertonJuly 9, 2024
An excerpt from a new book co-authored by Wharton’s Cait Lamberton reveals the three levers that marketers can use to keep customers engaged, loyal, and satisfied. Everywhere we turn, brands and organizations are under fire for failing to treat their customers with respect and dignity. In Marketplace Dignity, Wharton professor Cait Lamberton, Neela A. […]
Do We Make Better Group Decisions When Our Hearts Synchronize?
Michael PlattJuly 9, 2024
Wharton’s Michael Platt and collaborators studied how physiologic measures like heart rate synchrony can guide decision-making in groups. The following article was originally published on Penn Today. In recent years, the phenomenon of physiological synchrony has captivated behavioral researchers seeking to understand how human brains and bodies align during social interactions. One compelling example […]
Better Decisions with Data: Asking the Right Question
Stefano PuntoniJuly 5, 2024
In this Nano Tool for Leaders, Stefano Puntoni and Bart De Langhe, authors of “Decision-Driven Analytics,” explain how to get the most out of your data. Nano Tools for Leaders® — a collaboration between Wharton Executive Education and Wharton’s Center for Leadership and Change Management — are fast, effective tools that you can learn and […]
Who Will Survive a Shakeout in the Electric Vehicle Market?
John Pau MacDuffieJuly 1, 2024
The edge goes to vertically integrated EV makers like Tesla and China’s BYD, along with legacy automakers and well-funded startups, according to Wharton’s John Paul MacDuffie. The ongoing deceleration in demand for electric vehicles is an early warning signal of a shakeout in the nascent industry, according to Wharton management professor John Paul MacDuffie, who […]
How Green Hydrogen Is Critical to Electrifying Everything
Sarah LightJune 25, 2024
The green hydrogen molecule has the potential to convert hard-to-decarbonize segments of the economy, but regulations stand in the way, according to a panel of experts who spoke at Wharton. As April 2024 wound up, the Biden administration released rules that aim to expedite infrastructure projects and require federal agencies to get stricter in […]