Author: EconLearner

But little is known about whether financial incentives such as this work for professionals such as doctors, who have high autonomy and insider knowledge and often feel a commitment to “duty” for simple self-interest. Such professionals are notoriously difficult to manage by any means. They don’t want to be told how to do their job. And throwing more money at them isn’t likely to make them budge.Kellogg assistant professor of management Gillian Chow she saw this phenomenon firsthand in her previous career as a health operations consultant. “Hospitals often point to doctors as one of their biggest obstacles in trying…

Once considered a distraction and a waste of time, video games are gaining new levels of appreciation among employers for teaching in-demand skills. The game has begun! Video games can teach skills for the workplacegetty Here is a statistic that will blow your mind. It certainly amazes me whenever I share this: It is predicted that 65% of third graders in America today will eventually work in careers and occupations that do not currently exist. How do we prepare for such a future? My answer is that we need to give young people access to strong academic knowledge, technical abilities…

Israeli tech founders build operational resilience and community while navigating wargetty In 2021, the Israeli tech ecosystem forged an indelible mark on the world stage, securing an extraordinary $27 billion in venture capital investments. This remarkable achievement, as reported by Israel Innovation Authority, a government agency, not only broke previous records, but also defied prevailing trends in venture capital funding. While the past two years have seen a decline in VC funding for Israeli startups, which echoes global standards, the nation has demonstrated an unparalleled resilience and remains an undisputed choice for tech investment. Amidst the challenges and uncertainties, Israeli…

The strong presence of immigrants in public schools has fueled a policy debate: How do first-generation immigrant students—those born outside the U.S.—affect the school system and their peers? Specifically, do these children improve or hinder the academic performance of their US-born peers?One might imagine that immigrant students might need more school resources—for example, if English is their second language—thus leaving less time, energy, or staff budget for other children. On the other hand, these children may come from cultures where educational achievement is prioritized, particularly if these parents came to the US in part to provide a better education for…

Almost a century ago, the great Soviet famine of 1932-33 killed up to 10 million people, and those deaths fell disproportionately on Ukrainians, whose death rates were about 6 times higher than those in Russia. The cause of the famine and resulting deaths in Ukraine has been the subject of intense debate among European politicians and historians.In Ukraine, the famine is called “Holodomor”, which means an artificial famine organized on a huge scale by a criminal regime against the population of a country. Indeed, Ukrainians and popular historians have long claimed that the famine was a deliberate genocide intended to…

The variables are endless: discounts, premiums, drug coverage, which doctors are in network, and so on. But will choosing one program over another really make a big difference in one’s health?Yes, it turns out — and not just a little bit. In a recent study, Amanda Stark, associate professor of strategy at Kellogg, and her colleagues analyzed annual death rates for Medicare Advantage plans, which are privately managed alternatives to traditional government-administered Medicare. The team found “huge” differences between the best and worst designs, says Starc.The researchers conclude that enrollees’ choice of insurance plan could have a substantial effect on…

NASWA, NEW HAMPSHIRE – OCTOBER 14: US Republican presidential candidate Senator Tim Scott (R-SC) … [+] speaks during the 2023 First in the Nation Leadership Summit. (Photo by Michael M. Santiago/Getty Images)Getty Images Sen. Tim Scott’s (R-SC) decision to withdraw his bid for the Republican presidential nomination means voters have missed the best chance to hear a serious debate on tax policy between his party’s White House nominees. House. Unlike his opponents, Scott campaigned on a thoughtful, relatively detailed agenda that combined taxes with his conservative social and economic views. You might not agree with all of this. But at…

It seems that AMD is far from done with its old Socket AM4 and soon it will be released along with the two existing 3D V-cache gaming CPUs – Ryzen 5800X3D and Ryzen 5600X3D are two new models – Ryzen 7 5700X3D and the Ryzen 5 5500X AMD Could Release Two New X3D 3D V-Cache Processors – 5500X3D and 5700X3DAntony Leather The two new CPUs sit below their counterparts. For example, the Ryzen 7 5700X3D below the popular Ryzen 7 5800X3D and the Ryzen 5 5500X below the Ryzen 5 5600X3D. Only the Ryzen 7 5800X3D was available worldwide for…

Here’s a roundup of some of our favorite findings about how emotions like anger, fear, disgust, and anticipation can shape what ends up in our shopping carts and calendars.1. Anger can help consumers focus on what they wantConventional wisdom suggests that before making a major purchase, it’s best to feel calm, cool and collected. After all, you wouldn’t want your emotions to get in the way of a smart decision. But what if this isn’t always true?A set of studies by Michal Maimaran, a research professor of marketing at Kellogg, finds a surprising benefit of feeling angry when making decisions.…

In this episode of The 1% Club Show, I spoke to Lakshmi Iyer, who is the CEO of Kotak Investment and Advisory business.