A recent study found that combining informative and persuasive cues, especially monetary incentives, boosts opt-ins. However, purely informative messages don't necessarily increase opt-ins. Firms with significant offline presence tend to use more persuasive strategies.
Researchers find that experiences can create lasting mental imprints affecting future well-being and decision-making. Memorable consumption choices are influenced by both immediate utility and the ongoing utility derived from memory.
A new study examines the hidden tension when coworkers compete on behalf of rival organizations, using soccer players as a case study. The researchers found that teammates who competed against each other on opposing national teams reduced collaboration within their shared clubs, passing the ball to each other around 11% less often in t...
A study by Marco Percoco and colleagues reveals that worsening aridity and droughts lead to increased internal migration, with rural areas hit hardest. As climate change affects agriculture and water supplies, people are forced to relocate towards urban areas, exacerbating pressure on cities.
A study by Michał Gulczyński reveals a strong relationship between population density and sex ratios, indicating imbalanced marriage markets in rural areas. The researcher found that men tend to outnumber women in rural areas due to gender-specific migration patterns.
The Aztec Empire's highly centralized tax collection system and extreme income inequality allowed Spanish conquistadores to quickly overrun the empire. The richest 1% earned 41.8% of total income, while the poorest 50% earned just 23.3%, making for a skewed distribution.
A study by Anne Jacqueminet and colleagues identifies three favorable patterns for positive media coverage: congruent signalers, balancing signalers, and firms using a combination of less credible signals. Highly credible third-party signals play a complex role in media perception, delivering a single congruent message.
A recent study by Bocconi University found that corruption can have a long-lasting effect on trust in democratic institutions. First-time voters who experienced the Mani Pulite investigation in 1994 were more likely to vote for populist parties and express lower institutional trust even 20 years later. The study highlights the need to ...
A study by Bocconi University researchers found that terrorist attacks and perceived threats from ethnic minorities shifted German Twitter users' language towards the far-right AfD party. Voters rewarded the party at the 2017 election, with no traditional explanatory variable playing a role in the effect.
Central bank balance sheet policies are effective if investors behave according to a plausible alternative behavioral assumption to rational expectations. Professors Iovino and Sergeyev's new paper finds that level-k thinking breaks away with the demanding assumption of rational expectations, allowing agents to have varying degrees of ...
A recent study by Sara Valentini and colleagues at Bocconi University found that consistency between online content and the values associated with a brand increases rebroadcasting frequency. Posts containing price promotions also perform well when aligned with the brand's identity, with followers being 109% more likely to share them.
Researchers found that forecasters have an incentive to misreport when their reputation is at stake, with higher levels of misreporting in less uncertain situations. The study suggests firms should trust expert advice when uncertainty is high and link evaluations to ex-post accuracy to reduce misreporting.
Researchers found that deposit insurance motivates people to keep deposits immediately below the insured threshold, leading to 'bunching' behavior. An increase in insured deposits also causes savers to change their asset allocation and increase their deposits.
A study by Hannes Wagner finds that governance mechanisms aligning investors' and directors' interests improve environmental performance. The study also shows a positive relation between the appointment of female directors and environmental performance.
A recent study by Mario Daniele Amore and Sebastian Schwenen found that firms that hire lucky CEOs experience declining results. Lucky CEOs possess greater bargaining power, leading to higher compensation and more attractive job assignments. However, this is associated with poorer company performance and slower growth.
A recent study by Giulia Giupponi and Camille Landais finds that short-time work programs can improve employment outcomes for workers during periods of crisis. The policy helps firms retain more workers and is more likely to survive. However, its effectiveness decreases in the long run as it may subsidize low-productivity jobs.
Researchers developed a new class of statistical models to group criminals with similar connectivity patterns, revealing nested and hierarchical structures in the 'Ndrangheta network. The models account for complex architectures and incorporate additional node information from investigations.
Collaborations between firms with the same partner can hurt company success, but help employees develop social capital and advance their careers. Employees often benefit from these connections, which can lead to better job opportunities and skill development.
A study by Jerome Adda (Bocconi University) finds that new skills are the main contributor to higher salaries. Routine manual skills increase productivity and earnings in early career stages, while structured training and cognitive abstract skills have long-term effects. Trained workers earn higher wages and are less unemployed.
A study found that pandemic restrictions negatively affected mental wellbeing, with workplace closures being the only positive effect. Women and young people were disproportionately impacted, highlighting disparities in mental health outcomes between social groups.
A new study by Bocconi University researchers found that Google searches are an effective tool to track and predict domestic violence, especially in crisis situations. The study analyzed keywords related to domestic violence and found a positive correlation with calls to the Italian helpline and emergency number.
A study by Myriam Mariani and colleagues finds that having an inventor parent multiplies a girl's chances of becoming an inventor by 13, but this advantage disappears if the second child is a boy. This perpetuates gender inequality in STEM fields.
New research by Nicola Limodio finds that terrorist attacks are sensitive to local funding availability, with more attacks occurring in cities with higher funding. Financial counter-terrorism can be effective in limiting the ability of terrorist organizations to access funds.
A study finds that an acquisition by an alliance partner can either destroy or create alliance value depending on the business similarity between the firm and acquired company. The strength of the relation between the firms also plays a crucial role in determining the outcome.
Research suggests that immigrants who prefer to stay in host countries develop valuable skills and social contacts, leading to better job prospects and increased economic contribution. Policymakers should consider location preferences and planned migration duration when designing immigration policies to maximize fiscal benefits.
A well-designed work-study program can improve earnings and employment likelihood for participants, with no negative impact on school attendance or grades. The study found that working experience increased conscientiousness and work attitudes, leading to higher wages and earnings.
Research by Kerim Can Kavakli and Valentina Rotondi finds that restricting US foreign aid for NGOs providing abortion information leads to higher maternal and child mortality, as well as increased HIV incidence. The study estimates that this restriction may be responsible for up to 27,000 deaths per year.
A study by Bocconi University researchers finds that employees are more likely to share internal knowledge when they feel part of an organization, but rather pass it to competitors. The study's findings suggest that managing organizational climate can prevent knowledge spillovers and maintain competitive advantage.
Offline subscription platforms must consider the local market condition to succeed, with variety-seeking customers, differentiated vendor offers, and alleviated price competition being key factors. Platforms also have a dual relationship with vendors, collaborating on services while competing on prices.
New research by Bocconi University professors Francesco Decarolis and Paolo Pinotti finds women bureaucrats are significantly less corrupt and face lower risks of investigation and arrest. They attribute this to a defensive, risk-averse attitude among female officials.
The study found that music labels with broader experience were able to respond better to the emerging demand for novelty and genre variety. This led to significant changes in strategy among music labels, resulting in improved performance and revenue growth after the inclusion of streaming on Billboard's charts.
A new study by Giada Di Stefano found that the Michelin Guide's arrival triggers changes in fine dining industry competitive dynamics. Restaurants modify their descriptions and pricing to signal awareness of value created for customers, with those already highly ranked emphasizing authenticity and exclusivity.
A Bocconi University study used machine learning to analyze data on 2038 couples in Germany, finding that life satisfaction and housework are key predictors of union dissolution. The analysis also revealed complex interactions between variables, including the impact of personal traits like openness and extraversion.
A recent study by Bocconi University professors reveals that individuals exposed to automation are more likely to support radical-right parties. The researchers found a strong correlation between automation exposure and poorer economic conditions, lower job satisfaction, and increased support for the radical right.
Researchers analyze competition among high-profile Twitter users and suggest a revenue-sharing program to increase user engagement. The study found that sharing revenues with all tweeting players, not just top performers, is more effective and less expensive for the platform.
Moving experienced engineers between units reduces costs by 4.2% and $12.2 million, making it an effective way to promote learning and diffuse best practices
Research from Bocconi University reveals that mafia connections harm a company's financial performance, leading to lower return on assets, higher debt, and lower cash holdings. Connected firms are also more likely to go bust, with a 25.5% increase in default risk.
A recent study by Bocconi University researchers found that stakeholders' sentiment toward a new CEO has a stronger effect on post-succession performance than the CEO's previous experience and fit. Negative sentiment can undermine a CEO's effectiveness, especially for outside CEOs.
Researchers at Bocconi University analyzed data from France and found that districts with larger gender pay gaps had fewer female candidates and lower votes for women. The study suggests that voters' biases against female politicians limit the effectiveness of quota rules in allocating female candidates to contested districts.
A study from Bocconi University found that negative campaigning with electoral attacks on opponents backfires, but has positive spillover effects on third candidates in multicandidate races. In a three-candidate race, the 'idle candidate' benefits from negative smearing.
A recent study by Bocconi University finds that schools with lower academic performance, higher rates of homelessness, and more students from racial/ethnic minorities were more likely to be closed or mostly closed during the COVID-19 pandemic.
A recent study by Bocconi University researchers found that gender-biased language in job communications can deter female candidates from pursuing leadership positions. Conservative participants favored male-led roles and used more positive descriptions, while liberals showed less bias.
A team of researchers, including a Nobel laureate, argues that modern decision theory can help policymakers navigate the uncertainty of a pandemic. By accounting for three layers of uncertainty, formal decision rules can provide clarity and test intuition.
A study by Bocconi University argues that the US Supreme Court's 'free market of ideas' metaphor is misleading due to concentrated platform power. The authors suggest framing Internet regulation around this concept to address issues like content moderation and user protection.
A recent study from Bocconi University found that Catholic schools in France during the Second Industrial Revolution hindered the introduction of technical education, leading to lower industrial employment. The research suggests that religion can have a negative impact on economic development when it hinders the adoption of economicall...
A recent study by Bocconi University and Princeton suggests that Twitter disadvantaged Donald Trump in the 2016 US presidential election by making independent voters less likely to vote for him. The study found no effect of Twitter on Republican elections, with a shift towards higher approval of Hillary Clinton among independents.
A survey in 8 countries found women more inclined to consider COVID-19 a serious health problem and agree with public policies. They are also more likely to comply with rules and follow guidelines, contributing to their lower vulnerability and mortality rates.
The Econometric Society and Bocconi University Virtual World Congress brought together 2,500 participants, 1,300 presentations, and over 300 sessions to discuss key topics in economics. The event featured two Nobel laureates, Esther Duflo and Abhijit Banerjee, as well as experts from top companies like Amazon and Microsoft.
A new study by Bocconi University predicts a decline in fertility rates worldwide due to economic uncertainty and increased childcare burdens. In high-income countries, lockdowns, school closures, and deteriorating economic outlooks are likely to postpone childbearing, accelerating population aging.
A new study by Bocconi University researchers finds that the majority of phase III trial results are not significantly above threshold, contrary to previous findings. The researchers suggest that transparency and registration processes are key factors in maintaining trial integrity.