Patients favor expert guidance in healthcare decisions, rather than full autonomy, according to new research from University of Chicago Booth School of Business Professors Emma Levine and Celia Gaertig. In experiments, participants preferred paternalistic advice over autonomy, even when the outcome was unfavorable.
Professor Dan Adelman proposes an alternative methodology to scoring U.S. hospitals, addressing limitations in the CMS' Hospital Compare ratings. His efficient frontier approach rewards good performance and penalizes poor performance, leading to more equitable comparisons.
A study from the University of Chicago Booth School of Business finds that people perceive liars as successful and competent in jobs requiring high pressure sales tactics. In experiments, participants were more likely to hire deceivers for these roles, even when their own money was at stake.
Researchers found that reframing how students view food-marketing campaigns can spur adolescents to make healthier dietary choices for an extended period. Teenage boys reduced their daily purchases of unhealthy drinks and snacks in the school cafeteria by 31 percent, while girls' purchases remained similar.
Researchers found that sharing a meal with a counterpart improves negotiation outcomes, leading to faster deal-making and lower losses. The study revealed that coordination during meal consumption was key to collaboration during negotiations.
A recent study from the University of Chicago Booth School of Business found that uncertain rewards motivate consumers to make repeat purchases. This phenomenon is attributed to the psychological boost consumers receive in moving from uncertainty to certainty resolution.
A new study from the University of Chicago Booth School of Business found that people significantly underestimate the positive impact of writing letters of gratitude. Researchers discovered that recipients felt surprisingly happy and not awkwardly, dispelling concerns about effective expression.
New research from the University of Chicago Booth School of Business identifies three key reasons for the glass ceiling's persistence: women often choose lower-paying fields, psychological differences affect risk-taking, and caregiving responsibilities limit career advancement.
A new study from the University of Chicago Booth School of Business reveals that individuals with high 'guilt-proneness' tend to be more trustworthy. This personality trait is stronger than other characteristics in predicting trustworthy behavior, according to the researchers.
A new study from the University of Chicago Booth School of Business found that people tend to award less compensation for emotional suffering when a small economic loss is present. The researchers suggest that victims should focus on emotional losses, rather than combining them with economic losses, to receive more favorable compensati...
New research from the University of Chicago Booth School of Business suggests that people are more likely to opt for inferior gifts if it maximizes overall benefits for themselves and their loved ones. In a series of experiments, researchers found that participants prioritized total benefits over selflessness when making decisions abou...
A recent study found that people can recognize irrational thoughts but still allow them to influence their behavior. This process is called acquiescence, which highlights the challenges of changing deeply ingrained beliefs.
A new study published in Social Psychological and Personality Science finds that patients who require immediate medical attention tend to view their doctors as 'empty vessels,' lacking emotions. These patients expect their physicians to empathize with them and contain their emotions, which can lead to better care if acknowledged.
A new study published in Administrative Science Quarterly finds that neutral language can build trust among divisive groups and stimulate economic growth. Using data on Kenya's Nairobi Securities Exchange, researchers identified mechanisms driving social segmentation and integration of disparate groups.
A new study from the University of Chicago Booth School of Business finds that movie house owners can maximize ticket sales by understanding the preferences of their local audience. The research reveals that urban markets with highly educated consumers prefer wider screens, while other regions favor more showtimes.
A new study published in the Journal of Personality and Social Psychology found that people are more likely to conform to others' preferences than actions. Researchers designed six experiments involving everyday activities to test this theory, revealing a pervasive tendency to adopt others' judgments as one's own.
A new study published in PNAS found that groups outperform individuals in detecting lies, with a 61.7% group accuracy rate compared to 53.5% individual accuracy. The researchers discovered that the group advantage comes from the process of group discussion rather than statistical aggregation of individual opinions.
A recent study published in the Journal of Personality and Social Psychology found that anticipating a potential ethical dilemma can lead to improved ethical behavior. Participants who identified similar past incidents and anticipated temptation were more likely to behave honestly than those who didn't.
A new study from the University of Chicago Booth School of Business failed to replicate earlier research suggesting a connection between ovulation and racial bias. The researchers tested various social groups, including elderly men, physically disabled men, and gay men, but found no evidence of an association.
Researchers found that environmental ratings have spillover effects on other companies' behavior, leading to reduced toxic emissions. Rated firms reduce their emissions more when their peers are also rated, while unrated companies in highly regulated industries also change their behavior.
A new study by University of Chicago Booth School of Business researchers found that redesigning bike networks can increase ridership by up to 29.4% and reduce the distance commuters need to walk to reach stations. By taking commuter preferences into account, cities can optimize their bike-share systems to attract more users.
A study by University of Chicago Booth School of Business researchers found that job candidates rated as more competent and intelligent when their voice was heard or read aloud, not just when they spoke. This is because their speech conveys fundamental thinking capacity, including reasoning and thoughtfulness.
Researchers found that reduced mortgage payments of $150 a month led to decreased mortgage defaults, increased consumer spending on automobile purchases, and improved household credit ratings. Additionally, households applied most of the saved mortgage money towards reducing outstanding credit card debts.
A recent study published in the Journal of Consumer Research found that uncertainty can be a motivating factor for individuals. Researchers discovered that people are more likely to invest time and effort into pursuing an uncertain reward, rather than a certain one. This phenomenon is attributed to the positive experience of making the...
A new study suggests that artworks are perceived as an extension of the creator, with original pieces valued more highly than copies. The researchers propose a concept called 'magical contagion,' where the artist's physical presence imbues the work with their essence.
A study by Yanping Tu at the University of Chicago Booth School of Business found that people are more likely to start a job when it appears to be part of the present, rather than the future. This perception affects task initiation and completion rates.
A new study by University of Chicago Booth School of Business researchers found that campers who formed close relationships with members from the opposing side developed more positive feelings toward all members of that group. This effect was found to last long after returning home, even months later.
Researchers found that people value predictability in goal attainment and experience muted emotions when good news follows an unexpected outcome. The study's findings suggest that the fragility of positive emotion may contribute to this phenomenon.
Researchers from University of Chicago Booth School of Business found that humans have a general tendency to fear things approaching, regardless of their threat level. This 'approach avoidance' phenomenon is rooted in our survival instincts and can be observed in various daily situations.
A recent study by University of Chicago Booth School of Business Professor Matthew Gentzkow challenges the notion that the internet is responsible for the decline of newspapers. The research highlights three false premises in assumptions about journalism and finds that online ad rates are often compared incorrectly.
New research by Jane L. Risen of the University of Chicago Booth School of Business shows that people are more likely to deny the persistence of racism after being exposed to a successful African American. Thoughtful individuals are particularly vulnerable to making quick inferences about racial disparity.
A study by Amanda Sharkey of the University of Chicago Booth School of Business found that books wining prestigious awards receive lower ratings from readers than their non-award winning counterparts. This shift in ratings is attributed to a larger audience drawn to award-winning books due to their association with prestige.
A recent study by University of Chicago Booth School of Business professors provides a more accurate approach to modeling caller patience than ever before. This insight can help call centers design better systems, fine-tune existing ones and negotiate smarter contracts for outsourcing services.
A study by Pradeep K. Chintagunta of the University of Chicago Booth School of Business found that gender, income, race, and age are key indicators of a movie's box office performance in individual markets. The study suggests that studios should adjust their advertising strategies based on these demographics.