New Haven, Conn., August 9, 2006—Shyam Sunder, the James L. Frank Professor of Accounting, Economics and Finance at the Yale School of Management, today begins his term as the 2006-2007 president of the American Accounting Association.
New Haven, Conn., August 1, 2006—People often rely on their intuitions when making choices – whether they are deciding which sports team to bet on, politician to vote for, or job candidate to hire. A new study published in the August issue of the Journal of Experimental Psychology: General explains why people are predisposed to trusting their intuitions even when presented with information that suggests that their intuition may be wrong.
New Haven, Conn., July 25, 2006 - Defined pension systems are broken says Professor Barry Nalebuff, the Milton Steinbach Professor of Management, but a new type of private insurance could help fix them. Listen to Professor Nalebuff's commentary "Private Insurance Can Cure Pension Problems" from the July 25, 2006 edition of Marketplace.
Jeffrey Sonnenfeld commented on the death of Ken Lay on CBS, NBC, CNBC, ROB-TV; Time Warner CFO Wayne Pace on CNBC; whether Jack Welch’s management lesson still work today on CNBC; succession at Microsoft on CNBC and
Geert Rouwenhorst research “Facts and Fantasies About Commodities Futures” with Gary Gorton (Wharton) was covered in Hedgeworld Daily News, Barron’s, Dow Jones Commodities Service, MSN.com, Les Echos (France), Le Monde Economie (Franc
Joel Podolny, Jake Thomas, and Jonathan Feinstein discussed SOM's new core curriculum in The Wall Street Journal's M.B.A. Track column. In the article, which focuses on the multidisciplinary nature of the new first-year curriculum, columnist Ron Alsop wrote, "Other schools are taking steps toward a more integrated curriculum, too, but not on the scale of Yale's bold revision."
Sharon Oster discussed Bill Gates's decision to quit his day-to-day role at Microsoft in two years to spend more time on the Bill and Melinda Gates Foundation. "A lot of corporate foundations were born in the corporate style, but few have had someone of Gates's stature get involved personally in the execution of their programs," Oster told the Washington Post.
In the Boston Globe, Barry Nalebuff commented on hidden fees that companies tack on—a credit card company that offers low annual fees but charges high late fees and interest rates hidden in the fine print, for example.