Leaders use shortcut to assess who trusts them
A new study that included a pair of researchers from Washington University in St. Louis’ Olin Business School, Kurt Dirks and Andrew Knight, explored what underlies an accurate sense of trust in a business organization.
Research finds slave trade’s effect on firm ownership persists today
While closely held ownership isn’t necessarily bad, research co-authored by a faculty member at Washington University in St. Louis’ Olin Business School suggests some African firms may miss 21st century growth opportunities without the ability to raise capital through shared ownership.
Border walls obstruct legal trade by one-third, ‘divert’ illegal trade
Political scientist David Carter co-authored a study of more than 50 barriers erected around the world, most of which have emerged since 2001. He and his co-author at the University of Chicago found that legal trade plummets up to 31% as a result of constructing a wall between two neighboring countries.
Recessions, like earthquakes, are impossible to predict confidently
Some economic observers continue to warn about signs of a potential U.S. recession. Glenn MacDonald, the John M. Olin Distinguished Professor of Economics and Strategy at Olin Business School at Washington University in St. Louis, says many signs aren’t particularly reliable — but keep an eye on housing starts.
How to win the holidays: Four rules for giving better gifts
As a social psychologist who studies marketing in general and gift-giving in particular, I’ve seen both the joys and the distresses of gift giving firsthand. The pressures involved can be so intense that I’ve even found that about 70% of American adults have at least one relationship in which they’ve intentionally stopped exchanging gifts at all.
Survey: Electorate wants candidates, parties to act on climate change
In a November wave of The American Social Survey conducted by the Weidenbaum Center on the Economy, Government, and Public Policy, political scientists polled likely primary voters to find that — despite consensus among Democratic candidates and the Trump administration’s actions to repeal environmental regulations — the two parties’ electorates don’t match their candidates’ stances on climate change.
Philadelphia soda tax lacks fizz, study finds
Song Yao, associate professor of marketing in Olin Business School, and researchers from UCLA and Northwestern studied the effects of Philadelphia’s soda tax, which took effect in January 2017.
Four gift-giving tips — for Black Friday and beyond
‘Tis the season to shop, and who better to offer advice than a scientist who has studied gift-giving? With the holiday shopping season in full swing, Olin Business School marketing expert Elanor Williams offers four suggestions to keep in mind when buying gifts.
HIV treatment innovation leads to better lifetime choices, study finds
Domestic violence and illicit drug use plummeted among women who realized they could live decades longer than they’d expected because of a new HIV treatment, according to a new study involving a Washington University in St. Louis health care-innovation researcher.
Obituary: Norman Schofield, professor in Arts & Sciences, 75
Norman Schofield, the William Taussig Professor of Political Economy in Arts & Sciences at Washington University in St. Louis, died Saturday, Oct. 12, 2019, in St. Louis, surrounded by family. He was 75.
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