I thought that coming to the U.S. and meeting 18 different nationalities would give me a bigger perspective.
Investment companies including Fidelity, Putnam Investments, and Voya Financial are rolling out tools that tell investors how their retirement savings compare to that of their peers. This social comparison is intended to motivate investors to increase their savings; however, new research shows that it can have the opposite effect.
Tradeoffs are an inevitable part of doing business. And sustainability work in particular involves spending a great deal of time in the tug of war of competing priorities. Eric Spiegel, president and CEO of Siemens USA, discussed that company’s efforts to minimize tradeoffs.
The holiday season is a time for joy and family and a staggering amount of shopping. In a video interview on UCD Smurfit’s Faculty Insights series, Professor Damien McLoughlin says that marketers make those sales by taking advantage of our holiday impulses, including the drive to be cheerful.
The choices we make—the cars we drive, the neighborhoods we live in, the gyms we join—are influenced by our social networks, the people we surround ourselves with. Our financial choices are no exception. While thousands of studies have examined peer effects, a new study co-authored by Florian Ederer, assistant professor of economics, is the first to clearly identify the two channels of social influence—social learning and social utility—that explain why our peers’ financial decisions affect our own.Behavioral Approach to Management Investing
Smart beta is the hot thing in investing strategies, marketed as a new way to diversify and reduce risk. But Eugene Podkaminer ’01 argues that common smart beta strategies recycle long-established methods and likely aren’t the most efficient way to achieve those goals.