Berkeley Haas Professors Catherine Wolfram and Severin Borenstein are available to share insights on the economic impact of the California power shutoffs. B oth are economists with the Energy Institute at Haas. Is it possible to gauge the economic impact of this week’s power shutoffs? Cather…
Covering a politically incorrect leader? Berkeley Haas Asst. Prof. Juliana Schroeder and PhD candidate Michael Rosenblum are available to offer insights on the psychology of political incorrectness. Politically incorrect speech can be controversial and divisive—so why are so many politicians wil…
It’s a staple of every sports movie: The team is down at the half, and the coach gives an inspirational locker room speech—think Gene Hackman in Hoosiers, Billy Bob Thornton in Friday Night Lights—leading the team to come roaring back to victory. But do pep talks really work?
In a new pa…
Berkeley, July 29, 2019 — Six researchers from the University of California, Berkeley examined the quality of electrical services in Unguja, Tanzania, and found that voltage quality varied significantly for households connected to the grid, according to a study published today in the Proceedings o…
In decades past, a rising stock market was a reflection of economic growth. But no longer.
New research by finance Prof. Martin Lettau has found that economic growth accounted for less than a quarter of the stock market’s rise over the past 30 years—compared with 92% of the increase in the p…
A new study by researchers at UC Berkeley’s Haas School of Business has found that information acts on the brain’s dopamine-producing reward system in the same way as money or food. “To the brain, information is its own reward, above and beyond whether it’s useful,” says Assoc. Prof. Mi…
While Assoc. Prof. Panos Patatoukas was discussing Walmart in his Financial Information Analysis course last year, a student brought up the story of how company founder Sam Walton used to count cars in store parking lots to gauge how sales were going. Patatoukas knew that sophisticated investors …
A machine-learning analysis of 500,000 Glassdoor.com reviews of S&P 500 firms has shown that companies which embrace a diverse range of cultural values are more innovative an highly valued than companies with more uniform cultures.
Meanwhile, companies whose employees disagree on core values …
Women are often told that to close the gender pay gap, they need to negotiate their salaries just as men do. But not only does that advice put the onus on women to solve the problem, it perpetuate stereotypes that may not be true, says Berkeley Haas Prof. Laura Kray, an expert on gender and negotiat…
Silicon Valley has long sought out narcissists to disrupt old industries—and Elon Musk shows some classic narcissistic traits. But Prof. Jennifer Chatman says narcissism is not the key to corporate success and innovation. “We have a hard time distinguishing the features that make for a good lea…