Machine learning reduces language barriers in global trade, research shows
A forthcoming Management Science paper from researchers at Olin Business School draws a direct connection between language translation driven by artificial intelligence and an increase in international trade. Analyzing data from online e-commerce site eBay, the paper is among the earliest tangible signs that AI and machine learning are living up to their promise.
Fail Better with Melanie Berkowitz
Getting a job requires more than hard work, said Mark Smith, dean of career services. It also takes a little luck. Olin Business School alumna Melanie Berkowitz learned that lesson the hard way after applying for 40 jobs.
Study analyzes benefits of tracking devices for auto insurance
A new business study involving Washington University in St. Louis provides analytical theories showing that such driver-monitoring technology can not only prove beneficial to the bottom lines of some consumers, but also to insurance companies by alleviating moral hazards that affect the risks of accidents.
Women’s Society recognizes students with awards, scholarships
The Women’s Society of Washington University presented the Harriet K. Switzer Leadership Award and the Elizabeth Gray Danforth Scholarships to four deserving students at their annual membership meeting in April.
Could 2018 tariff impact been foreseen?
Researchers from Olin Business School explore the complexity of tariffs as a trade tool in a global economy in a new paper. The research also establishes a supply chain model to explain those effects. The model proposes that, in some cases, the effects were foreseeable when accounting for strategic multi-party interactions and competition.
Going global
From the beginning of his tenure, Mark Wrighton set out to put Washington University and its students and faculty on the map.
New theoretical model links loans to bank’s capital on hand
A Washington University in St. Louis finance and regulations scientist has published a paper with a theoretical model that basically proposes bridging the divide between bankers and politicians to link such capital requirements to something of a political football: credit allocation — a bank’s business of financing loans.
It doesn’t pay to play angry when negotiating
A new paper, authored by Washington University in St. Louis faculty and alumni from Olin Business School, reports findings from five different studies of subjects in a negotiation agreement. The takeaway: inorganic anger generally leaves parties of both parts feeling guilty, distrusted and needing to make amends afterward.
Olin Award-winning research: Sifting inhuman options for human choices
Two Olin Business School faculty members at Washington University in St. Louis collaborated to create a new customer choice algorithm designed to better populate six available slots for products in online stores hosted by Alibaba. Their model produced 28% higher revenues in one week — or nearly $22 million. The study earned them the 2019 Olin Award.
Olin honors Thomas, distinguished alumni
Lawrence E. Thomas, who used a summer internship as a springboard to a lifelong career with Edward Jones, will receive the Dean’s Medal at an April 5 event in recognition of his legacy and contributions to Olin Business School. Four others will be honored as distinguished alumni.
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