New Haven, Conn., September 27, 2005—Edward H. Kaplan, the William N. and Marie A. Beach Professor of Management Sciences at the Yale School of Management, and Professor of Public Health at the Yale School of Medicine, has been named a Fellow of The Institute for Operations Research and the Management Sciences (INFORMS). The award will be presented to Professor Kaplan during a ceremony at the INFORMS annual meeting on November 14, 2005 in San Francisco.
Ravi Dhar's study, "Licensing Effect in Consumer Choice" was featured in the New Haven Register. The study found that consumers who act or feel altruistic are more likely to subsequently splurge on luxury goods. "It [the charitable act] removes the guild that you get from being self-indulgent," he said.
China has recently stepped up efforts to control the press and cyberspace. What does this mean for China's economy, and is press freedom really relevant at a time of surging economic growth? For centuries, press freedom has been viewed as a fundamental political institution, providing checks and balances on authorities. But the media's role in facilitating economic development is often overlooked.
Zhiwu Chen contributed the op-ed "A Free Press Could Help China's Economy" to the Financial Times. He wrote, "A free press can not only provide independent information, but also act as a corrective mechanism for the economy in a way that the government cannot.
New Haven, Conn., September 19, 2005—How much do you really desire a designer handbag or an exclusive watch but feel guilty about purchasing it? Maybe you should donate to the United Way or spend a weekend building homes with Habitat for Humanity. According to a new research study, "Licensing Effect in Consumer Choice," consumers who act or feel altruistic are more likely to subsequently splurge on luxury goods.
The basic economic theory that people work harder to avoid losing money than they do to make money is shared by monkeys, suggesting this trait has a long evolutionary history, according to a study conducted by M. Keith Chen, Venkat Lakshminaryanan, and Laurie Santos.
New Haven, Conn., September 12, 2005—The Gordon and Betty Moore Foundation has awarded the Yale Environment Management Center a $1.5 million grant to support the joint masters degree program between the Yale School of Management (SOM) and the Yale School of Forestry & Environmental Studies (FES).