MONTHLY TOP MEDIA COVERAGE FOR JANUARY 2016

U.S. MEDIA

Inc. - Jan 29, 2016 On the other hand, a company's size is not always evidence that it is the most innovative or better run than the competition. In his 2012 book A Capitalism for the People: Recapturing the Lost Genius of American Prosperity conservative University of Chicago finance professor Luigi Zingales argues that large businesses often succeed because of their lobbying prowess.

Goolsbee: Here's what the Fed did wrong

CNBC - Jan 28, 2016 The Fed didn't carefully consider global headwinds before raising rates in December, explains Austan Goolsbee, a former economic advisor to President Barack Obama.

What will happen in the Iowa caucus?

CNBC - Jan 28, 2016 Austan Goolsbee, former chairman of President Obama's council of economic advisers from 2010-2011, shares his expectations for the U.S. presidential election.

Ex-Obama adviser Austan Goolsbee says Fed may cut rates in 2016

CNBC - Jan 28, 2016 "They want to raise rates; they want to get back to normal. They have said they thought they would raise four times plus this year and I don't think there's any scenario in my mind that they'll be able to do anything remotely like that," Austan Goolsbee, who was chairman of Obama's Council of Economic Advisers from 2010-11, told CNBC's Squawk Box.

9 Investing Stats That Will Blow You Away

The Motley Fool - Jan 28, 2016 Researchers Eugene Fama and Kenneth French, studying data from 1927 to 2014, found dividend payers outperforming non-payers, averaging 10.4% annually vs. 8.5%.

Former Fed Governor Kroszner: FOMC Won't Move Before June

Bloomberg - Jan 27, 2016 Randall Kroszner, a University of Chicago professor and a former Federal Reserve governor, discusses Fed monetary policy with Bloomberg's Tom Keene, Scarlet Fu and Mike McKee on "Bloomberg Markets."

RBI Governor Raghuram Rajan is in WEF’s taskforce, will study global financial system

Business Insider - Jan 27, 2016 The World Economic Forum (WEF) has created a new task force with Bank of England Governor Mark Carney and his counterpart at the Reserve Bank of India, Raghuram Rajan, to study how rapid changes in technology affect financial stability and growth.

Lars Hansen and Randall Kroszner Appointed to CME Group's Competitive Markets Advisory Council

PR Newswire/CNN/Bloomberg - Jan 27, 2016 These new members are Lars Hansen, David Rockefeller Distinguished Service Professor of Economics at the University of Chicago and 2013 recipient of the Nobel Prize in Economics; and Randall Kroszner, former member of the Board of Governors of the U.S. Federal Reserve system and Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business.

Unexpected downturn in markets puts time on Fed's side

Marketplace - Jan 26, 2016 Randy Kroszner, a former Federal Reserve governor and economics professor at the University of Chicago's Booth School of Business, said the hike was about inflation, and there's been little evidence of that so far.

Funny How Everyone You Know Became a Snow Expert Last Week, Huh?

New York Magazine - Jan 26, 2016 “[T]his is a great example of overclaiming,” University of Chicago psychologist Nicholas Epley told Science of Us in an email. He’s referring to the notion that people tend to overestimate their knowledge on a given subject, especially when they think they know a lot about the subject.

MBA News: New MBA Rankings, Big Data at B-School

Beat the GMAT - Jan 25, 2016 Many programs are also offering more scholarships for students who want to go into this area. Chicago’s Booth School of Business, for example, recently unveiled a scholarship for execs in the nonprofit and government sectors to tune of $4M

Why the poor do better on these simple tests of financial common sense

The Washngton Post/Chicago Tribune/Baltimore Sun - Jan 22, 2016 "The poor spend a lot more time on mundane, everyday expenses. They're focused on money," said Anuj Shah, a psychologist at the University of Chicago and one of the authors of the research, which was published last year and presented earlier this month at the American Economic Association's annual meeting.

What Graduating MBAs Made In 2015

Poets & Quants - Jan 21, 2016 The median base salary in investment banking jumped by $25,000 last year to $125,000, with median signing bonuses that reached $47,500 at Harvard Business School and $40,000 at Chicago Booth. Median base for investment management jobs at Harvard rose to $150,000 from $125,000 two years ago, with $30,000 sign-on bonuses, and median other guaranteed compensation of $120,060, up from $72,500 in 2013.

Raghuram Rajan: China, Oil Trigger for Market Volatility

Bloomberg - Jan 21, 2016 Reserve Bank of India Governor Raghuram Rajan discusses the volatile markets, China's slowing economy and the rupee.

In Chicago, Your Next Uber Ride Could Come With a Tech CEO (And Free Career Advice)

ChicagoInno - Jan 21, 2016 Other mentors involved include George Vukotich, the Senior Vice-President of Programming at 1871; Craig Wortmann, a Clinical Professor of Entrepreneurship at the University of Chicago’s Booth School of Business; Mark Renshaw, Chief Innovation Officer at Leo Burnett; Julius Givens the Founder of The Explorer Program; Scott Issen, CEO of Future Founders; John Roa, the CEO of ÄKTA; Ryan Kubacki, CEO of Holden International; and Bobby Stephens, COO of BucketFeet.

These B-Schools Are Where Bain, BCG, McKinsey Will Snatch More MBAs In 2016

Business Because - Jan 21, 2016 The likes of Accenture, Cognizant and Deloitte, meanwhile, have similarly robust MBA recruitment drives. Such firms are hiring in great numbers at the likes of INSEAD in Europe, Chicago Booth in the US, and CEIBS in Asia.

CNBC Transcript: Interview with Raghuram Rajan, Governor of the Reserve Bank of India

CNBC - Jan 20, 2016 Following are excerpts from the transcript of a CNBC interview by Geoff Cutmore and Raghuram Rajan, Governor of the Reserve Bank of India.

Keep The Internet Tax-Free

Forbes - Jan 20, 2016 Yet, economist Austan Goolsbee found that, if a tax were applied on broadband services, it would reduce producer surplus enough that suppliers would be unable to cover their fixed costs and would delay the diffusion of broadband in those markets. That means less investment and fewer jobs created in the information economy.

MBA Schools Step Up Efforts To Embrace Social Entrepreneurship, Non-Profits

Business Because - Jan 20, 2016 Chicago’s Booth School of Business has announced a new scholarship program designed to support executives in the non-profit and government sectors — the latest sign that elite MBA schools are embracing careers that pack social impact.

The gamification of fitness

Esquire - Jan 20, 2016 In 2008 the chattering classes were getting excited about a book called Nudge: Improving decisions about health, wealth and happiness. It was writted by University of Chicago economist Richard H. Thaler and Harvard Law School Professor Cass R. Sunstein, and used terms like “choice architecture” and “behavioural economics”, but the overall premise was concerned with the way people respond to incentives. This especially applies to fitness.

The Simple DIY Portfolio That Has Beaten The Pros

Forbes - Jan 20, 2016 Let’s see what the portfolio looks like if we take half of the allocation we’ve dedicated to large companies and devote it to small companies. In order to do so, we’re relying on the research of two Nobel prize-winning economists, Eugene Fama and Kenneth French.

Tenet Board Adds Two New Independent Directors

Business Wire/Bloomberg/Yahoo! - Jan 19, 2016 Prior to joining Glenview in 2005, Mr. (Randolph) Simpson was an equity research analyst at Goldman Sachs and previously worked in the mergers and acquisitions group at Credit Suisse First Boston. He holds an MBA in finance and accounting from the University of Chicago and a JD from the Georgetown University Law Center.

Chicago Booth to give 8 full scholarships to nonprofit, government professionals

Chicago Tribune/Bloomberg/Yahoo! - Jan 19, 2016 The Civic Scholars Program, announced last week, is for Chicago Booth's Weekend MBA Program. The students, known as Neubauer Civic Scholars because the program is funded in part by a $4 million gift from the Neubauer Family Foundation, will continue working full time while they attend.

The key to stop bullying: Popular kids

CNN - Jan 19, 2016 Dave Nussbaum, a social psychologist at the University of Chicago's Booth School of Business who wasn't involved with the research, said in an email that he was quite impressed by the results. "It's an incredibly ambitious project in which they put a lot of theory on normative influence to a road test," he said.

What's Holding Back Women in Corporate America

Why NYC won't crack down on Uber price hikes

The Christian Science Monitor - Jan 18, 2016 In explaining how the surge works the company released a study, conducted by Chris Nosko, an economics professor at the University of Chicago, that shows rider and driver behavior during price surge hours.

Economists Can Tell You What You Should Want

Bloomberg - Jan 18, 2016 More recently, behavioral economists have made a lot of progress in disabusing their colleagues of that notion, as Richard Thaler describes in his book "Misbehaving: The Making of Behavioral Economics." The result has been a lot of useful policies that take into account people's irrational biases.

The US economy is nowhere near a recession

Business Insider - Jan 18, 2016 One of the most influential post-financial-crisis books published was Atif Mian and Amir Sufi's "House of Debt," which argued that what really led the US into recession wasn't just an overheating of home prices but the way homeowners borrowed against these home values and eventually stretched themselves too thin, financially.

The Presidential Issue That Should Really Matter to Entrepreneurs

Fortune - Jan 15, 2016 Most women avoid competing against others, even if the rewards are big and they are the most qualified candidates to win, according to research I conducted recently with Ernesto Reuben at Columbia University and Luigi Zingales at University of Chicago.

Technicals Worsen, but Macro Story Mainly Unchanged –Morning MoneyBeat

The Wall Street Journal - Jan 15, 2016 The outlook for the U.S. is not so bad, but the outlook for China is much worse. And the debt dynamics in both countries are troubling, University of Chicago profession Amir Sufi said on the MoneyBeat podcast. 

The Simple Truth About China’s Market

Bloomberg - Jan 15, 2016 Eugene Fama, the Nobel prize-winning economist at the University of Chicago, says there’s little evidence that rules like circuit breakers either prevent or cause volatility. “In panic selling, prices go down, and they bounce back up. I don’t even know that you would want to get around that,” he says.

CME, Morningstar CEOs mull financial technology hub

Crain's - Jan 15, 2016 “Our overall thing here is we want to do what is in the best interests of the fintech community—it's been historically strong for Chicago,” said Mark Tebbe, chairman of ChicagoNextE and an adjunct professor at the University of Chicago Booth School of Business, aside from his status as a local entrepreneur.

Professor Sufi: An Ironclad Rule of Economics Suggests China Is Headed for a Downturn

Bloomberg - Jan 15, 2016 It's possible that the world's second-largest economy is already in recession, according to Amir Sufi, professor of economics at the University of Chicago and co-author of House of Debt.

INSIGHT-Private equity deals hit as banks curb lending for leveraged buyouts

Reuters/CNBC - Jan 15, 2016 "Leveraged buyouts were already challenging because of a run-up in equity valuations and regulatory curbs on leverage," said Steven Kaplan, a University of Chicago finance professor who does research on private equity.

U.S. stocks plunge in afternoon trading

CNN - Jan 15, 2016 CNN's, Poppy Harlow, discusses US stocks plunging with Randall Kroszner, Professor, University of Chicago Booth School of Business

Randy Kroszner Sees No Rate Hike Until At Least June (Audio)

Bloomberg - Jan 14, 2016 FED IN FOCUS: Randy Kroszner, Former Fed Governor and Professor of Economics at the Chicago Booth School, on the Fed, Fed speakers, and slowdown in China.

API's Gerard: Policy Shouldn't Hinder Energy Development

Bloomberg - Jan 14, 2016 Jack Gerad, the American Petroleum Institute's president and chief executive officer, and Randall Kroszner, a University of Chicago professor and a former Federal Reserve governor, discuss U.S. energy policy and the decline in oil prices with Bloomberg's Betty Liu on "Bloomberg Markets."

Growth, Debt and Why China’s Got a Big Problem – Podcast

The Wall Street Journal - Jan 14, 2016 Amir Sufi, an economics professor at the University of Chicago’s Booth School, joined us Wednesday on the MoneyBeat podcast

Interview with Shira Abel on Behavioral Engineering

Huffington Post - Jan 13, 2016 For someone interested in learning more about it, the books I would recommend are: Predictably Irrational by Dan Ariely, Hooked by Nir Eyal, Thinking, Fast and Slow by Daniel Kahneman, and Nudge by Richard H. Thaler and Cass R. Sunstein.

Why an Economist Plays Powerball

The Wall Street Journal - Jan 13, 2016 When it comes to financial decisions, I pride myself on being ruthlessly rational: I don’t gamble, I don’t purchase extended warranties, I allocate stocks in my 401 (k) according to their expected return over bonds. I am what behavioral economist Richard Thaler would call an “econ,” not a human.

Richard Thaler: Why Most Economists Might As Well Be Studying Unicorns

NPR - Jan 13, 2016 That's the title of Richard Thaler's new book: Misbehaving: The Making of Behavioral Economics. If you've read Thaler's previous book, Nudge, you know he's is an economist who studies why people predictably don't act the way traditional economists say they will.

Former Fed Governor Kroszner: March Rate Hike Unlikely

Bloomberg - Jan 13, 2016 Randall Kroszner, a University of Chicago professor and a former Federal Reserve governor, discusses Fed policy and China's slowdown with Bloomberg's Betty Liu on "Bloomberg Markets."

No, the credit Card Act is not a free lunch

The Washington Post - Jan 13, 2016 “The CARD Act did two main things,” according to Neale Mahoney, a co-author of the study and my cross-campus colleague at the University of Chicago. “First, it restricted a number of credit card fees. Second, it required credit card issuers to provide information on annual statements that was designed to ‘nudge’ consumers into making larger monthly payments on their cards.”

Darden School of Business Emerges Victorious at Sixth Annual National MBA Case Competition Sponsored by the Deloitte Foundation

PR Newswire/Bloomberg - Jan 13, 2016 Student teams from the following schools were also recognized for their efforts: Dartmouth College Tuck School of Business - $10,000; University of Chicago Booth School of Business - $6,000

Rajan to Staff: Read, Get Tough, Send Press Releases Earlier

The Washington Post/Bloomberg - Jan 13, 2016 The wide-ranging comments from (Raghuram) Rajan, once the International Monetary Fund’s chief economist and a professor at the University of Chicago, show steps he’s taking to modernize the central bank apart from overhauling monetary policy.

San Francisco's Fog Over Growth

Bloomberg - Jan 12, 2016 In a recent paper that I’ve cited before, Chang-Tai Hsieh of the University of Chicago and Enrico Moretti of the University of California-Berkeley estimated that lowering the regulatory constraints on new housing in just San Francisco, San Jose and New York to the level of the median city would lift U.S. gross domestic product by 9.5 percent.

Co-working space company eyes Chicago growth

Chicago Tribune - Jan 11, 2016 Small businesses and entrepreneurs are making co-working spaces the new normal, said Starr Marcello, director and chief operating officer at Polsky Center for Entrepreneurship and Innovation at the University of Chicago.

Want to End Bullying? Get the Popular Students to Help

Huffington Post - Jan 11, 2016 Dave Nussbaum, a social psychologist at the University of Chicago's Booth School of Business who wasn't involved with the research, said in an email that he was quite impressed by the results. "It's an incredibly ambitious project in which they put a lot of theory on normative influence to a road test," he said.

This serious thought by RBI Governor Raghuram Rajan is helping banks in recovering money

Business Insider - Jan 08, 2016 RBI Governor Raghuram Rajan has proved that he is not just any administrator but one who walks the talk. Read more » Translate » Costco Is a Bigger Disrupter Than Amazon Bloomberg - Jan 08, 2016 They don’t mean e-commerce. The biggest change in retailing, Hortacsu and Syverson argue in a new article in the Journal of Economic Perspectives,1 has instead been the rise of warehouse clubs and supercenters:

Not a Great December for Retail Hiring

Bloomberg - Jan 08, 2016 As University of Chicago economists Ali Hortacsu and Chad Syverson wrote in a Journal of Economic Perspectives article to which I devoted a recent column, the rise of the warehouse clubs and supercenters has been the biggest and most disruptive phenomenon in retailing during the past 20 years.

Donald Trump wants you to pay more for smartphones, TVs and a lot else

Yahoo! - Jan 08, 2016 Economists would also protest. “Economists disagree about a lot,” says Ozimek, “but there’s very strong agreement that free trade benefits Americans, on average.” A poll of economists by the University of Chicago, for instance, found that 100% of them believe U.S. trade with China makes most Americans better off.

Advice For The $400M Powerball Winner

Forbes - Jan 07, 2016 Here is how behavioral economists Richard H. Thaler and Cass R. Sunstein explain this sort of attitude in Nudge: “You can also see mental accounting in a casino. Watch a gambler who is lucky enough to win some money early in the evening..."

Want An MBA That Will Land You A Job? Go To Business School In Illinois

ChicagoInno - Jan 07, 2016 Here's a look at some the top MBA programs for post-graduate employment. - University of Chicago, Booth School of Business (98 percent)

Why 2016 is looking like 2015 all over again

Crain's - Jan 07, 2016 “Worldwide low levels of growth are really pushing people to look for acquisitions,” says Stephen Morrissette, a professor at the University of Chicago Booth School of Business.

Obama’s Last Play

Politico - Jan 07, 2016 Make important health care decisions, such as those in Obamacare and Medicare, much easier for citizens. This could be done through customized default options based on past use (especially for Medicare Part D, since drug usage is more predictable, particularly for the elderly) and the introduction of evidence-based choice algorithms. —Richard Thaler, professor of behavioral science and economics at the University of Chicago.

NYU Stern Total Pay Up Nearly 5%

Poets & Quants - Jan 07, 2016 STERN OUTPUT TO FINANCE SIMILAR TO COLUMBIA, WHARTON AND CHICAGO BOOTH - That’s not very far off from other top schools. Columbia Business School last year sent the highest percentage of its MBA output into finance, 37.1%, slightly more than Wharton’s 36.9%% or Chicago Booth’s 34.8%.

Damn You, Autocorrect! Stop Killing My Freedom of Speech!

Huffington Post - Jan 06, 2016 The discipline of behavioural economics studies how our minds work and identifies that we usually opt for default choices, for reasons such as status-quo bias and convenience. While deciding, we tend to pick that which is easy, and Cass Sunstein and Richard Thaler suggest that default options and suggestive framing act as powerful "nudges" to steer the behaviour of individuals in particular directions.

The Top Five Investing Posts from The Wall Street Journal’s Experts Blog in 2015

The Wall Street Journal - Jan 06, 2016 Here’s an idea comes from Thaler’s innovative Save More Tomorrow Plan: If the government required all workers to invest a portion of their earnings in low-cost, index-like funds with a default mix of 60% stocks and 40% bonds, set a minimum saving threshold of 5%-10% a year, and again defaulted to taking at least 30% of each raise and allocating it to long-term savings, many more Americans would be on the right retirement track.

The Big Short Somehow Makes Subprime Mortgages Entertaining

Wired - Jan 06, 2016 The CDOs that Bourdain describes above weren’t that bad at first. They got worse, though, when they started spawning “synthetic” CDOs. In The Big Short’s blackjack metaphor—as explained in a casino by pop star Selena Gomez and behavioral economics professor Richard Thaler—they look like a pretty good bet.

B-School Students Can Network Effectively and Economically

Beat the GMAT - Jan 05, 2016 Another great tip is to help run a conference in the industry you’re interested in. Working behind the scenes offers greater access to the speakers or session leaders of the event, allowing you to forge stronger connections than the conference attendees collecting business cards at the cocktail reception, according to one Chicago Booth School of Business MBA featured in the article.

5 Ways to Stick to Your 2016 Fitness Resolutions That Actually Sound Like Fun

Vogue - Jan 05, 2016 “There is no one way that works for most people,” says Ayelet Fishbach, a professor of behavioral science at the University of Chicago whose research looks into the mysteriously unpredictable world of incentives.

The World’s Big Ticket Executive MBA Degrees

Poets & Quants - Jan 05, 2016 The University of Chicago’s Booth School of Business hiked the price of its EMBA by 26%, or three times the rate of inflation. That rise lifted the cost of Booth’s Executive MBA by $37,000, to $179,000 now, versus $142,000 just five years ago.

AEA President: Macro Is the Next Big Frontier

Bloomberg - Jan 05, 2016 The American Economic Association president Richard Thaler discusses behavioral economics with Brendan Greeley on “Bloomberg Markets.”

Where Top VC Firms Andreessen Horowitz, Greylock, Kleiner Perkins Are Hiring MBAs

Business Because - Jan 15, 2016 “People tend to enter the industry later in their careers,” adds Jason (Heltzer), who is also an assistant professor at Chicago’s Booth School of Business.

5 Ways to Maintain Your Vacation Happiness

U.S. News & World Report - Jan 04, 2016 While you're on vacation you may encounter headache-inducing scenarios that spark negative emotions and frustrations. But during the trip-planning phase, there's a buildup of excitement as you discuss future experiences and imagine them, explains Dr. Amit Kumar, a social psychologist and postdoctoral research fellow at the at the University of Chicago's Booth School of Business who explores the relationship between happiness and money.

Chicago Economists Bearish On China

Financial Advisor - Jan 15, 2016 Besides rising household red ink, Sufi, along with his university colleague Randall Kroszner, said the Chinese government has been spending huge amounts on projects no one wants to use. They also criticized the Chinese government for a lack of economic transparency.

Fintech, Cyber Security, Internet Of Things: The Hottest Areas Of Venture Capital To Work In

Business Because - Jan 15, 2016 For Jason Heltzer, a Chicago Booth MBA and partner at Origin Ventures, the consumer services segment has been fruitful. The firm was among the first investors in Grubhub, the online food takeaway business, whose $192 million IPO in 2014 would have made its investors a pretty penny.

5 Startup Cities Better Than Silicon Valley

Fortune - Jan 04, 2016 Why Silicon Valley Will Never Guarantee Success by Steven N. Kaplan, professor of entrepreneurship and finance at the University of Chicago Booth School of Business.

Economists Take Aim at Wealth Inequality

The New York Times - Jan 03, 2016 “It’s pretty much indisputable that the percentage of income being earned by the top 1 percent, or the top quarter of 1 percent, is going up,” said Richard H. Thaler, the association’s president.

MEDIA OUTSIDE THE U.S.

Douglas Todd: ‘Ethnic economies’ on the rise in North America

Vancouver Sun - Jan 29, 2016 Noted economist Steve Levitt was recently exploring such ethical questions. The co-author of the best-selling book, Freakonomics, said it’s tricky to determine whether restaurants and other businesses should be able to “racially profile” employees.

Asian markets: China's Shanghai Composite in the red following Fed's rate rise comment

International Business Times - Jan 28, 2016 Austan Goolsbee, an economics professor at the Chicago Booth School of Business told CNBC that the forecast model [for the rate rise] of the Fed was incorrect. "The model keeps saying we're about to take off, we're about to have inflation. Look, unemployment is down, we're about to take off, we're about to have inflation. And it never happens."

FT Global MBA Ranking 2016: London Business School retains UK top spot

Times Higher Education - Jan 27, 2016 Although this is the lowest average salary of all the schools in the top 10, LBS graduates enjoy a salary increase of 100 per cent on their previous earnings. This is only bettered by the University of Chicago’s Booth Business School (107 per cent) in the top 10.

Insead tops ‘Financial Times’ MBA rankings

Irish Times - Jan 25, 2016 8. University of Chicago: Booth, US, 158,259

How elite business schools are pulling away from the pack

Financial Times - Jan 25, 2016 High quality global journalism requires investment. Further to this, entrepreneurship is about more than starting a company, says Stacey Kole, deputy dean of Chicago’s Booth School of Business. “Not everyone needs to be the guy with the great ideas,” she says. “Students are graduating and going out there and buying a business. I think we’re at the beginning of this new phase.”

Don't forget society in name of shareholder value: RBI Governor Raghuram Rajan to cos

Economic Times - Jan 22, 2016 Speaking here at a University of Chicago debate on corporate social responsibility ( CSR), Rajan said, "I think what was supposed to be maximised in the history, that has changed" and ideally, a trader should not charge anything beyond the just price, otherwise he will have his reckoning with God.

Raghuram Rajan: India will be an engine of growth

BBC - Jan 21, 2016 With China's slowing economy, India's central bank governor, Raghuram Rajan, says the country's economy is heading in the right direction to become an engine of global growth.

All at sea

The Economist - Jan 21, 2016 Sifting out the guff requires transparency, argued John Cochrane of the University of Chicago in another recent blog post. Too many academics keep their data and calculations secret, he reckoned, and too few journals make space for papers that seek to replicate earlier results.

Fuels: saving 15 million / year with billboards prices

Milano Finanza - Jan 20, 2016 (Translation) And 'what emerges from the research' Price Transparency and Retail Prices:Evidence from Fuel Price Signs in the Italian Motorway ', conducted by Federico Rossi (Universita 'Bocconi) and Pradeep Chintagunta (Booth School of Business). Signaling fuel prices along the highways would have the effect of reducing the average price of a penny euro per liter, thus generating a total savings of about 15 million EUR / year per user.

How well do umpires make decisions?

Education Post - Jan 19, 2016 Combined with ESPN’s extensive cricket stats, the DRS has given researchers an exceptional opportunity to learn about how well umpires make decisions, and how technology is changing the game. Chicago Booth’s Ram Shivakumar uses the data to create detailed analyses of 126 cricket matches, focusing on 1,201 challenges to on-field umpire decisions.

Changing face of institutional selling: Pradeep K Chintagunta

Business Standard - Jan 18, 2016 Pradeep K Chintagunta, Professor, marketing, Chicago Booth School of Business

Why China is so dangerous for the global financial markets

Finanz und Wirtschaft - Jan 18, 2016 (Translation) Finance professor Amir Sufi sees two central problems in China and in other emerging economies such as Brazil: the massive growth of debt and huge overinvestment in automobiles, machinery, real estate and other durable goods.

Count of America's most "money" way of business school

NetEase - Jan 18, 2016 (Translation) Eleventh, Booth School of Business, University of Chicago (University of Chicago's Booth School of Business); Fee: US $ 63,980 / year (about 400,000 yuan); Current salary: US $120,800 / year (about 750,000 yuan); Ten years later annual salary: $150,500 / year (about 930,000 yuan)

Financial Times: Investors are not enthusiastic about the plan to revive the UniCredit

BulgariaUtre - Jan 15, 2016 "The banking sector is a key problem in Italy," said Luigi Zingales, professor of entrepreneurship and finance at the Booth School of Business at the University of Chicago. "When there is a low tide, you can see who is swimming naked. Now there is an outflow and all problems come to the surface.

Are You Getting Your Share Of Smaller-Company Gains?

The Motley Fool - Jan 15, 2016 The American economist Eugene Fama long ago showed that, as a group, small-cap shares are more volatile than larger companies in aggregate.

UniCredit: Too big to thrive?

Financial Times - Jan 15, 2016 High quality global journalism requires investment. “The banking sector is a crucial problem of Italy,” says Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago Booth School of Business. “When there is low tide you see who is swimming naked. And we have a low tide and all the problems are coming to the surface.”

Time to ease QE?

BBC - Jan 14, 2016 What would a cut in the $85 billion-a-month bond-buying programme mean for the future of a global economic recovery? We ask a former Fed governor, Randall Kroszner, now Professor of Economics at the University of Chicago's Booth School of Business.

Is this Rajan's last hurrah at the RBI?

Asian Review - Jan 14, 2016 Raghuram Rajan, the head of the Reserve Bank of India, has helped steer the economy in close cooperation with Prime Minister Narendra Modi.

How to nail a financial New Year's resolution

Sydney Morning Herald - Jan 13, 2016 The same concept applies to your money. This is central to the brilliant US program designed by behavioural economists Shlomo Benartzi and Richard Thaler called "Save More Tomorrow".

Greece and Italy Still Lag Behind other European Countries in Economy

Sohu.com - Jan 13, 2016 (Translation) Chicago Booth School Italian-American economist Luigi Zingales said that the pre-crisis economic growth in the euro area has been plagued by slow Italy, but he was concerned that after joining the euro, Italy lost the ability to borrow from the currency devaluation to stimulate exports, they be able to solve the economic problems of the tricks have been depleted.

Top Business Schools that Enjoy High Employment Rate

MBA China - Jan 12, 2016 (Translation) The following are 20 top business schools in the top 10, are you considering them? If so, then congratulations, you do not have to worry about employment.   1. University of Chicago Booth School of Business - Employment rate: 98% - Business School can almost guarantee that all graduates can find a dream job.

Thaler: Come the next financial crisis, entrust me

Europe Ceska pozice - Jan 11, 2016 (Translation) Richard Thaler is an American behavioral economist. Celebrity today. The scientist also the financier who earns recognition of situations in which investors make mistakes. But in the interview itself says that it is hard to outsmart the market: "The idea that you can outperform the market, for the most part true. But it only partially. If it's someone to lead twice in three years is a great achievement."

UniCredit: Too big to thrive?

Financial Times - Jan 11, 2016 "The banking sector is a crucial problem of Italy,” says Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago Booth School of Business. “When there is low tide you see who is swimming naked. And we have a low tide and all the problems are coming to the surface.”

RBI Governor Raghuram Rajan & other bankers lead campaign to clean up banking system

The Economic Times - Jan 08, 2016 When Raghuram Rajan declared after taking charge as the governor of Reserve Bank of India ( RBI) that promoters have 'no divine right' to continue running a business after messing it up, many thought it was just another rhetoric from a new administrator.

An economic think so poor ...

La Tribune - Jan 08, 2016 What about the assumption made by Eugene Fama about efficient markets, that the prices of financial assets would reflect systematically all available information on economic fundamentals?

Fisher Funds: Making a self-contract for fitness & finance

New Zealand Herald - Jan 07, 2016 Richard Thaler and Shlomo Benartzi, two US academics, go one step further in their research. They showed savers who committed to long term savings plans involving increased contributions as salaries increased ended up saving more than savers who hadn't made a pre-commitment.

Nudge as an ideology

Junge Welt - Jan 06, 2016 (Translation) How much boils down to the activities of the BIT on a fusion of science and policy advice for governments, showed recently the "Behavioral Exchange - International Behavioral Insights Conference", which took place in London on 2 and 3 September 2015th At their representatives British administrative authorities and the police, as well as staff from the World Bank, the OECD, the White House and of Google and its sister company Nest Labs, where one is concerned with the "Internet of things" involved. Prominent academic speakers next to the BIT-Chef Halpern were the psychologists Daniel Kahneman and Steven Pinker and the US economist Richard Thaler.

Five books that put some life in dismal science

The Straits Times - Jan 06, 2016 Professor Richard Thaler is another rebel economist. In the 1970s and 1980s, the profession began discarding its long-cherished assumptions of perfectly rational consumers and producers, and toying with ideas from psychology.

Required reading in an age of uncertainty

The Independent - Jan 06, 2016 Richard Thaler is another rebel economist. In the 1970s and 1980s, the profession began discarding its long-cherished assumptions of perfectly rational consumers and producers and toying with ideas from psychology. Thaler was one of the people at the forefront of this effort and in Misbehaving he narrates the history of the behavioural mini-revolution.

Required reading in an age of global uncertainty

Bangkok Post - Jan 06, 2016 Our understanding of this shifting terrain is complemented by two books on behavioural economics written by giants in the field: Phishing for Phools, by George Akerlof and Robert J Shiller, and Misbehaving by Richard Thaler.

Why some think it's fair to pay top CEOs 184 times the average worker salary

CBC News - Jan 06, 2016 As for how a CEO's salary should be determined — that's up to the market, said Steven Kaplan, professor of entrepreneurship and finance at the University of Chicago Booth School of Business.

The closed marketplace of economic ideas

New Times - Jan 05, 2016 You might also want to rethink Eugene Fama’s efficient markets hypothesis, according to which prices of financial assets always reflect all available information about economic fundamentals.

Want to find love? Ditch dating apps and strike up a conversation

The Independent - Jan 05, 2016 Yet research by Nicholas Epley, a professor of behavioural science at the University of Chicago Booth School of Business, argues that as social animals, interacting with strangers is actually good for us.

How HFT is changing what we know about the market

Education Post - Jan 04, 2016 Research being conducted by Dacheng Xiu, assistant professor of econometrics and statistics at Chicago Booth, and his collaborators illustrates the change under way.

Ten U.S. Business Schools With the Highest GMAT Scores

Yangtse.com - Jan 03, 2016 Location: Chicago, Illinois; Students enrolled Average GMAT: 726 Annual tuition: $ 61,520 Despite high tuition, high employment rates Booth School of sufficient proof of this has a very high return on investment: 2015 graduate students and 98 per cent found jobs within three months after graduation. This ratio is the highest of all schools. And this one, the top five employers are McKinsey & Company, Boston Consulting Group, Bain & Company (the three major consulting firm has an assembly), the Amazon and the Bank of America.

Silicon Wadi to Silicon Bangladesh?

Dhaka Tribune - Jan 01, 2016 I still have fond memories of my Technology Strategy professor at the University of Chicago (Booth School of Business), pushing and challenging us to encourage a rigorous debate.

ALUMNI

Svetlana Mironyuk became senior vice president of the Sberbank

Forbes - Feb 01, 2016 (Translation) In October 2015, Forbes interview, she said that in 2012, she studied at the School of Business Chicago Booth and because she "was interesting to read the related news not with Russian politics and the global economy."

MSCI Appoints Jana Haines to Americas Head of Equity Index Products

Business Wire/Bloomberg/Yahoo! - Feb 01, 2016 She holds an MBA from University of Chicago Booth School of Business. Ms. Haines will be based in New York.

Rip Tilden Joins Andesa Services' Board of Directors

Globe Newswire/Yahoo! - Jan 29, 2016 Mr. Tilden earned his Bachelor of Arts degree from DePauw University and his MBA from the University of Chicago. He also is a project faculty member at the Wharton School at the University of Pennsylvania.

Darigold Taps International Executive Stan Ryan for Next CEO

Business Wire/Bloomberg - Jan 28, 2016 Ryan was raised in Janesville, Wisconsin, the oldest of four children. He earned both an MBA and MA from the University of Chicago, and a BA in economics from the University of Notre Dame. Ryan and his family will be relocating to Seattle from Shanghai, China.

Shari Runner named head of Chicago Urban League

Crain's - Jan 27, 2016 She grew up in Hyde Park and attended the University of Chicago's Lab Schools before earning a bachelor's degree from Wesleyan University. She earned her MBA from the University of Chicago's Booth School of Business.

Douglas Diamond to receive CME Group-MSRI Prize in Innovative Quantitative Applications

PR Newswire/Bloomberg/CNN - Jan 26, 2016 CME Group, the world's leading and most diverse derivatives marketplace, and the Mathematical Sciences Research Institute (MSRI) announced Douglas Diamond, Professor of Finance at the University of Chicago, as the 2015 recipient of the CME Group-MSRI Prize in Innovative Quantitative Applications.

From the community: New resource development leader joins dropout prevention organization Communities In Schools of Chicago

Chicago Tribune - Jan 22, 2016 A graduate of the University of Chicago's Booth School of Business, (Marianne) Woodward believes that "not-for-profit" is a tax status, not a management style. She earned her undergraduate degree from the Washington University, and subsequently became a Chartered Financial Analyst.

Evite® Names Paul Pucino Chief Financial Officer

PR Newswire/CNN/Bloomberg - Jan 21, 2016 A Certified Public Accountant, Pucino holds an MBA in Finance from the University of Chicago's Booth School of Business, where he was a member of the school's CFO Advisory Board from 2011-2014.

Grant Thornton expands national Financial Services Advisory practice

Business Wire/Bloomberg/Yahoo! - Jan 19, 2016 He (Johan Joseph) received a master's of business administration degree in strategy and finance from the University of Chicago and a master's degree in electrical engineering and a bachelor's degree in electrical engineering and economics from Northwestern University.

NVC Winner Maestro Raises $500K For Its Food Tech Device, Rebrands to Tovala

ChicagoInno - Jan 19, 2016 Last spring the startup won University of Chicago's annual New Venture Challenge, taking home $70,000 to fund the development of its kitchen appliance that simultaneously cooked individual pods of ingredients to create a healthy meal in under 30 minutes (at the time it was dubbed "a Keurig meets crockpot").

Experts on CFAS advisory panel

The Straits Times - Jan 18, 2016 Mr (Simon) Ng obtained his Bachelor of Business Administration from NUS and his MBA from the University of Chicago Booth School of Business.

The rise of Satya Nadella, the game-changing CEO of Microsoft

Business Insider/MSN/Yahoo! - Jan 18, 2016 During his first years at Microsoft, Nadella impressed his coworkers and managers alike by commuting every weekend from Microsoft's campus in Redmond, Washington, all the way to the University of Chicago's Booth School of Business to finish his MBA. He'd finally graduate in 1997.

L.E.K. Consulting Announces Seven Global Partner Promotions

Bloomberg/Yahoo! - Jan 15, 2016 He (Rob Wilson) earned a BSE in Industrial and Operations Engineering from the University of Michigan and a MBA from the University of Chicago's Booth School of Business.

Why Doom and Gloom Has Taken Over Wall Street

Fortune - Jan 14, 2016 As a student (Shawn Tully) at what’s now the Booth School of Business at the University of Chicago, one of my professors—it was either finance specialist James Lorie or famed statistician Harry Roberts—told the class about witnessing a PhD thesis presentation attended by Nobel Laureate Milton Friedman.

Cliff Asness's Alternative Funds Top Rivals With 17% Returns

Bloomberg - Jan 14, 2016 Asness earned his doctorate in finance at the University of Chicago, where he studied under Eugene Fama, who later won the Nobel Prize in economics for his work on efficient markets.

Tom Cross Promoted to Executive Vice President and Deputy Group Head, Transportation, Hearst Business Media

PR Newswire/Marketplace/Bloomberg - Jan 14, 2016 He received an MBA from the University of Chicago and a bachelor's from Wittenberg University. He was inducted into the National Independent Automobile Dealers Association (NIADA) Ring of Honor in 2013.

Ardmore Shipping Announces Expansion of Board of Directors

PR Newswire/CNN/Bloomberg - Jan 14, 2016 He (Curtis McWilliams) holds a BSE in Chemical Engineering from Princeton University and an MBA from Chicago Graduate School of Business

Author And Career Coach Vicki Morris Releases New Self-Help Book Happy Habits

Marketplace - Jan 13, 2016 Vicki started her career at Oracle, while completing her MBA at the University of Chicago. She also has a Bachelor's degree in Foreign Service from Georgetown University. During her career, Vicki published numerous articles and presented at conferences in more than 30 countries.

Why Microsoft CEO (And UChicago Alum) Satya Nadella Is A Guest At The State Of The Union

Chicago Inno - Jan 12, 2016 That's the case for Satya Nadella, CEO of Microsoft and a University of Chicago Booth alum. The White House announced this week that he will be one of 23 guests seated near Michelle Obama, Jill Biden, and Valerie Jarrett.

West Announces New Organizational Structure PR

Newswire/Marketplace/Bloomberg - Jan 12, 2016 Dr. (Quintin) Lai received a Ph.D. in Chemical Engineering from the University of Wisconsin-Madison, an MBA from the University of Chicago Booth School of Business and a B.S. in Chemical Engineering from the University of Alabama. He is also a CFA charterholder.

Winona Capital Elevates Jason Sowers to Partner

Business Wire/Yahoo!/Bloomberg - Jan 12, 2016 A cum laude graduate from Amherst College with a degree in computer science and economics, Mr. Sowers earned his M.B.A. from the University of Chicago Booth School of Business where he focused on finance, accounting and entrepreneurship.

Cyprium Partners Promotes Nicholas Stone to Principal

Globe Newswire/Yahoo! - Jan 12, 2016 Mr. Stone received his M.B.A. from the University of Chicago Booth School of Business and his B.B.A. in International Business from Wichita State University.

AppliedMicro Appoints Martin S. McDermut as Chief Financial Officer

Reuters/CNN/Marketplace - Jan 11, 2016 Mr. McDermut is a Certified Public Accountant. He holds a B.A. in Economics from the University of Southern California and an M.B.A. in Finance and Accounting from the University of Chicago.

Chicago Caremerge Founder And CEO Believes In Teamwork

CBS Chicago - Jan 08, 2016 Khan holds a Bachelor of Arts in computer science and business administration from the University of North Florida and a Master of Business Administration from University of Chicago Booth School of Business.

Annaly Capital Management, Inc. Expands Leadership Team

Business Wire/Bloomberg/Yahoo! - Jan 08, 2016 Prior to the Federal Reserve Bank of New York, David (Finkelstein) held Agency MBS trading positions at Salomon Smith Barney, Citigroup Inc. and Barclays PLC. David has a B.A. from the University of Washington and an M.B.A. from the University of Chicago, Booth School of Business.

BlackArch Partners Announces Promotions

Marketplace - Jan 08, 2016 Mr. (Ryan)Jackson returned to BlackArch in 2015 after earning his master's degree in business administration from the University of Chicago Booth School of Business.

Create A Personal Marketing Plan For 2016

Forbes - Jan 08, 2016 Sophia Matveeva is a marketing expert, graduating with an MBA from Chicago Booth in March 2016.

Opus Bank Announces Further Expansion of Its Merchant Bank

Bloomberg - Jan 06, 2016 Mr. (Bret) Carroll holds a B.A. in International Affairs from the University of Colorado, Boulder and an M.B.A. from the University of Chicago Booth School of Business.

KAMSouth President Christian Koch featured on FOX as Guest on Times Square Today

Marketplace - Jan 06, 2016 Christian is a Harvard Business School AMP graduate and holds the Certified Private Wealth Advisor ® certification, administered by Investment Management Consultants Association ® and taught in conjunction with The University of Chicago Booth School of Business.

Heidrick & Struggles Taps Lyndon A. Taylor to Lead Chicago Office

PR Newswire/Marketplace/CNN - Jan 04, 2016 He also holds a Master of Business Administration in Business Policy and Strategy from the University of Chicago – Booth School of Business.

What will happen to the Russian economy in 2016

News of Tatarstan/bezformata.ru/Time and money - Jan 01, 2016 He (Andrei Movchan) graduated from the Mechanics and Mathematics Faculty of Moscow State University. Lomonosov Moscow State University, the Finance Academy under the Government of the Russian Federation and the University of Chicago Booth GSB.

STUDENTS

What to Consider When Choosing a Part-time MBA Program

Beat the GMAT - Jan 25, 2016 In this video, Jackie DiMonte from Chicago Booth discusses what she looked for in a part-time program.

Chicago Booth Interview Report: Round 1/ Second-Year Student / On-Campus

Beat the GMAT - Jan 25, 2016 When interviewing on campus at Booth, you sit in a waiting area where other 2nd year students come and talk to you about their interview experience while you wait to basically give you tips and make you feel comfortable before going in.