The article highlights the need for regulators to prioritize continuous monitoring and risk assessment in managing AI/ML-based medical technology. The authors suggest that less emphasis should be placed on planning for future algorithm changes, and instead focus on developing new processes to identify and manage associated risks.
A new tool called Long-term Investor Value Appropriation (LIVA) has been introduced to measure long-term firm performance and shareholder value. LIVA uses stock price data to calculate a backward-looking net present value over a given period, providing a more accurate reflection of underlying economic performance.
A meta-analysis of real-life experiments found that behavioural nudges can reduce daily energy intake by up to 209 kcal, equivalent to 21 cubes of sugar. Cognitive and affective nudges were less effective, with average reductions of 64 kcal and 129 kcal respectively.
Research reveals that front-of-pack food claims on breakfast cereals can be uncorrelated with actual nutritional quality, yet still influence consumers' perceptions of taste, healthiness, and fattening consequences. The study identifies four distinct types of claims and their effects on consumer choices.
A new study by INSEAD researchers found that collaborating with a creative 'star' increases the chances of becoming a star and boosts innovators' creativity. Working alongside a star designer significantly enhances the ability to create breakthrough innovations through skills such as creative synthesis.
Research led by INSEAD marketing professors found that people prefer small incremental goals over maintenance goals, even when there is no gap between the starting point and desired state. The brain's negativity bias plays a significant role in this preference, making modest attainment goals more appealing.
SourceINSEAD·JournalOrganizational Behavior and Human Decision Processes·DateNov 8, 2018
Research from INSEAD reveals that perceiving oneself as busy can boost self-control and lead to healthier decisions, such as exercising or saving for retirement.
New research shows that conservative shoppers are more likely to purchase luxury items to maintain their social status. The study found a direct link between the political orientation of high-status individuals and their likelihood to buy luxury goods, with conservatives spending significantly more on luxury cars than liberals.
A study published in Nature Communications found that testosterone increases men's preference for luxury products associated with high social status, rather than power or quality. The research team tested 243 male participants and found a causal link between testosterone levels and increased liking for status-enhancing goods.
The study found that breakout songs conform to current musical preferences while infusing individuality. Songs with a 'typicality' score below average tended to do better on the Hot 100, indicating a balance between familiarity and novelty.
Women on Wall Street have as many connections as men, but their connections don't improve their job performance as much. Male analysts benefit more from their connections, with stronger forecast accuracy and higher rankings.
A study by INSEAD found that labeling energy drinks as part of an alcohol cocktail increases perceived intoxication, leading to greater risk-taking, sexual confidence, and decreased intentions to drive. The effects were stronger for those who believed energy drinks boost the effect of liquor.
A new study by Maria Guadalupe of INSEAD found that say-on-pay policies lead to improved firm performance, including higher return on assets and reduced overheads. Shareholder value increases by about 5 percent, as the policy aligns management closer to shareholders and gives them an equal voice.
A new study by Lily Fang of INSEAD found that China's success in innovation is hindered by weak intellectual property protection, which leads to lower quality patents and fewer international citations. The study suggests that improving IP protection is crucial for China's sustainable growth
Research by INSEAD found that social media activists can elicit corporate responses by threatening a firm's public image, particularly those with high social and political standing. Companies with greater image vulnerability are more sensitive to threats and respond faster to donations.
A recent study found that nurses working the night shift and experiencing workplace incivility are more likely to consider leaving their jobs. However, targeted interventions such as team-building initiatives and private informal meetings can reduce these intentions.
Research by Natalia Karelaia finds that social connectedness enhances the perceived effectiveness of actions, leading to increased social responsibility. Studies show that people who feel a sense of belonging and can make a difference are more likely to engage in environmentally conscious behaviors.
A study by Hubert Gatignon found that customer-oriented firms are more likely to adopt environmental management practices, such as environmental audits and ISO14001 certification. The extent of a firm's customer orientation determines its environmental innovation, with values and information-gathering capabilities playing a crucial role.
A study published in the Journal of Marketing Research found that people will choose smaller portions of food when they are enticed by the multisensory pleasure of taste, smell, and texture. This approach can lead to positive outcomes for consumer satisfaction and health, while also benefiting profits in the food industry.