September 25 Why Investment In Infrastructure May Not Decrease Traffic...
As San Diego tries to build its way out of traffic congestion, Faculty Affiliate Gilles Duranton disagrees with their strategy.
“That’s an argument they make over and over again without any evidence whatsoever,” Duranton said. When you make roads bigger, more people use them, and traffic stays the same. They also found that after building new public transit projects, within 10 years the people who left the roads to ride transit would likewise be replaced on the road by others.
September 24 Why Merge When You Are 80% Likely To Fail?What’s the point of M&A if 80% of mergers and acquisitions fail?Organizations just can’t seem to stop themselves from trying, and Faculty Affiliate Itay Goldstein says highly intelligent, experienced senior executives make some very bad decisions in a classic prisoner’s dilemma: cooperation is clearly in the best interests of both parties, and yet otherwise rational executives fall prey to competition that results in serious – and preventable – negative consequences.
September 23 United Kingdom Votes to Leave: What Happens Next?
On June 23, 2016, the citizens of the United Kingdom voted to withdraw as a member of the European Union. This unprecedented move has given the EU one of the most significant obstacles that it has ever had to face. Now it is up to the UK and the EU to determine what this withdrawal will look like.
September 23 Fed Limits Energy Investments, Manufacturing Slows
Federal Reserve Proposes New Limits on Energy Investments at Banks; Manufacturing Activity in September Grows at Slowest Pace in Three Months.
September 22 Why Can’t We Pin Down Regulatory Capture?
“No index exists characterizing U.S. agencies based on regulatory capture. Regulatory capture is instead a lot like how former Supreme Court Justice Potter Stewart defined obscenity: ‘I know it when I see it,’” says Faculty Affiliate Cary Coglianese. In his blog, he points out four factors making pinning down regulatory capture so elusive.
September 21 Big Data, Big Uncertainties: The Growing Civil Rights Concerns Surrounding Targeted Advertisements
Think about the devices you use in your daily life. Your smartphone; your computer; your tablet are all modern day essentials that are inextricably intertwined with a globally connected world wide web. The proliferation of Internet accessible personal computing devices has been the defining feature of the progression of modern society over the last two decades. But what, exactly, is lying underneath the surface of the information age, and how does all of this “free” content get to you?