In the News 2020

When humanizing a logo can go wrong
February 14, 2020 | Crain's Chicago Business

Ann McGill, a professor of general management, marketing and behavioral science at the University of Chicago’s Booth School of Business, provides an important lesson on what makes for a powerful logo and when it has the potential to all go wrong.

Never mind the internet. Here’s what’s killing malls.
February 14, 2020 | The New York Times

Austan Goolsbee, a professor of economics at the University of Chicagoʼs Booth School of Business, says that big-box stores, income inequality and services-instead-of-things are largely to blame for killing malls.

How much should health data cost? $100K or more, according to patients
February 12, 2020 | Becker's Health IT

The annual Financial Trust Index Survey, conducted in December by the University of Chicago Booth School of Business and Northwestern University's Kellogg School of Management, reveals that 90% of Americans would refuse to share their health data with digital platforms for free.

The biggest challenges facing Chicago over the next decade
February 11, 2020 | InsideHook

Christina Hachikian, executive director of the Rustandy Center for Social Sector Innovation at the University of Chicago Booth School of Business, sees equality in wealth building as one of the biggest challenges facing the Windy City over the next decade.

The perils of “survivorship bias”
February 11, 2020 | Scientific American

Sendhil Mullainathan, a professor of computation and behavioral science at the University of Chicago Booth School of Business, helps clue us in on what "survivorship bias" is.

New credit-loss standard could benefit lenders if regulators loosen capital requirements, study says
February 11, 2020 | Wall Street Journal

Looser capital requirements would spur lenders to provide more loans, strengthening their bottom line and aiding the economy, said Haresh Sapra, an accounting professor at the University of Chicago, in a story about a new accounting standard on credit losses.

Pioneers of value investing are trying to see if it’s dead
February 06, 2020 | Bloomberg

The University of Chicago’s Eugene Fama examines the evolution of value investing over the last 60 years. He determines that “the initial tests confirm that realized value premiums fall from the first half of the sample to the second, but inferences from average premiums are clouded by the high volatility of monthly premiums.”

Big business is driving America’s smaller cities
February 05, 2020 | Wall Street Journal

The industrial revolution in services has allowed the most productive firms in an industry to out grow their competitors and claim large shares of the national market, according to Chang-Tai Hsieh, an economics professor at the University of Chicago's Booth School of Business.

Booth's Brent Neiman honored with 2020 Central Banking Award for work on the Global Capital Allocation Project
February 05, 2020 | Central Banking

Chicago Booth professor Brent Neiman, along with Matteo Maggiori and Jesse Schreger, was recognized with the Economics in Central Banking award for work that has helped pick apart the tangled network of cross-border capital flows and may prove essential to those looking to shore up the international monetary system.

FCA researchers outline $5 billion ‘tax’ imposed by high-speed trading
January 27, 2020 | Financial Times

A new paper written by Chicago Booth's Eric Budish and Matteo Aquilina and Peter O’Neill of the UK’s Financial Conduct Authority homes in on tactic known as latency arbitrage.

Chinese economy likely to take short-term hit due to coronavirus: Professor
January 27, 2020 | CNBC

China’s mostly “inward-directed” economy is likely to take a hit in the short term from reduced tourism and travel due to the coronavirus outbreak. The long-term impact is probably “negligible” if the virus can be contained, says Austan Goolsbee, an economics professor from Chicago Booth.

Commentary: Can best picture Oscar nominee ‘The Irishman’ make money for Netflix? It’s complicated.
January 17, 2020 | Chicago Tribune

The debate rages about how and if the Oscar-nominated "The Irishman" can earn money for Netflix and, if so, how much. Pradeep Chintagunta, marketing professor at the University of Chicago Booth School of Business, plays a bit of devil's advocate.

Let your customers tell you when to pivot
January 17, 2020 | Crain's Chicago Business

Despite knowing that businesses need to stay ahead of the curve in order to stay relevant, many are reluctant to do so, according to Pradeep Chintagunta, the Joseph T. and Bernice S. Lewis Distinguished Service Professor of Marketing at the University of Chicago’s Booth School of Business

Austan Goolsbee on China trade: I don't think we're in a better place
January 16, 2020 | Fox Business Network

Former Council of Economic Advisers chair and Robert P. Gwinn Professor of Economics at the University of Chicago's Booth School of Business Austan Goolsbee provides insight into the efficiency of phase one of the US-China trade deal and the USMCA.

Boeing's future dominance in question after 737 Max crashes, new CEO
January 16, 2020 | NPR

Steve Kaplan at the University of Chicago's Booth School of Business debates the future of Boeing with NPR host Mary Louise Kelly in the aftermath of the Boeing 737 plane crash and introduction of a new CEO.

Fed is haunted by example of Japan, Kroszner says
January 14, 2020 | Bloomberg TV

Randall Kroszner, a former Federal Reserve governor and now deputy dean for executive programs at the University of Chicago Booth School of Business, talks about the trade negotiations between the world's two largest economies, the outlook for U.S. growth and monetary policy. He speaks with Yvonne Man and Haslinda Amin on "Bloomberg Markets: Asia."

Economists fear US is approaching limit of monetary policy
January 07, 2020 | Financial Times

Former Fed chairs fear that should an economic downturn occur, the Fed may not be able to handle it alone. Raghuram Rajan, former governor of the Reserve Bank of India, now at the University of Chicago Booth School of Business, says "they can't announce too loudly they have no tools left."

Everything you need to know about stock buybacks
January 07, 2020 | Investor Place

Eugene Fama, professor of finance at Chicago Booth, says buybacks shouldn't be a source of worry in an article focusing on the history of stock buybacks and what it means for present day.

New Year’s resolution: Be more honest
January 01, 2020 | The New York Times

Honesty is the best policy as a New Year's resolution, with Emma Levine, an assistant professor of behavioral science at the University of Chicago Booth School of Business, revealing that understanding the intentions of the deceiver often informs how we regard the deception.

Is this the secret to getting teens to reject junk food?
January 01, 2020 | The Washington Post

Christopher J. Bryan, an assistant professor of behavioral science at the University of Chicago Booth School of Business, addresses researchers’ concern that current school-based nutrition education for teens is less focused on media literacy and more on making better food choices for future long-term health.