Financial advice and investor beliefs: Experimental evidence on active vs. passive strategies
Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
Individuals with low financial literacy tend to follow advice without assessing its quality, leaving them vulnerable to unsuitable advice.
"Paying workers low wages is actually very expensive for companies because of the costs of high turnover and the costs associated with low wages.
Studies show startups with older founders are more likely to succeed.
"Disasters are ripe for conspiracy theories because there is a lot of uncertainty as things are unfolding and a lot of fear."
Generative AI's speed of development is limiting the ability of junior employees to coach senior employees, since they can't keep up themselves.
Messaging based on a single characteristic — like party affiliation — can increase persuasion "by up to 70 per cent."
"Intelligent choice architectures can empower managers and employees at all levels to act with greater autonomy and insight."
"No organization can thrive alone, and partnerships with xTechs present large companies with opportunities to innovate quickly."
"Restorative justice would be a positive next step for TD Bank to help repair the societal harm that has been caused."
"The vast sums that now go to cross-neighborhood transportation might be better spent."