How can we increase contributions to public goods—to get donors to give more to charity, citizens to vote, households to consume less energy, drivers to carpool, and patients to take all of their antibiotics? One of the best ways is to make contributions more observable.
Perception of peer rank, or how we perform relative to our peers, can be a powerful motivator.
Social norms messaging campaigns are increasingly used to influence human behavior, with social science research generally finding that they have modest but meaningful effects.
Professors Tavneet Suri and Esther Duflo recently participated in a fireside chat at the MIT Sloan Women’s Conference.
We all have heard about these “unprecedented times” and how we need to throw the old play book out and try something new. For decades, we have had established protocols on [...]
The COVID-19 induced ‘Great Lockdown’ has cast doubt on the efficacy of bank buffers in supporting the real economy in times of crisis. Despite accommodative regulatory and supervisory action, banks remain hesitant to [...]
In a paper published in the Harvard Data Science Review on May 14, 2020, the co-director of GCFP, Andrew Lo, along with his co-authors Kien Wei Siah and Chi Heem Wong, estimate the probability of success (PoS) of [...]
Robert C. Pozen, Senior Lecturer, MIT Sloan School of Management and non-resident Senior Fellow, The Brookings Institution
Jonathan Parker, Robert C. Merton Professor of Finance at MIT Sloan and co-director at the MIT GCFP, recently provided answers on [...]
When the Mitsubishi Electric Innovation Center (MELIC) needed a go-to market strategy for a new hardware-software AI camera, they relied on IDEA Lab students Adil Bahadoor and Amre Nouh.
