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.