For the first time, a group of researchers at Washington University in St. Louis used a big-data approach to determine the effects of minimum-wage changes on business. The Olin Business School faculty processed wage data on more than 2 million hourly workers from across the country over a six-year period. The results? There are winners and losers.
Washington University in St. Louis will celebrate legendary poet and playwright William Shakespeare’s 453rd birthday with a special event on campus April 23, featuring performances of some of the Bard’s most famous works. Olin Business School is hosting the event.
In a concentrated, continuing effort to link Washington University in St. Louis academic research to everyday business practice, the 10th annual Olin Award recognizes an Olin Business School faculty member who joined two University of Pennsylvania professors in crafting a computer model to guide managers who need to forecast behaviors of newly acquired customers.
For the first time, new research from Washington University in St. Louis examines data from the 2007-09 financial crisis to show how the U.S. Federal Reserve can effectively assist banks in times of financial uncertainty.
Everyday in the workplace, colleagues actively compete for a limited amount of perks, including raises, promotions, bonuses and recognition. But new research from Washington University in St. Louis shows more than often than not, people fall short in determining which co-workers might be trying to edge them out on the job.
The general public has a sense that something is amiss with the pharmaceutical industry, but few might consider it in a state of collapse. Washington University’s Michael Kinch tries to convince otherwise in “A Prescription for Change,” his history and review of the industry.
New research co-authored by a faculty member at Washington University in St. Louis’s Olin Business School shows that more information about guests, as opposed to less, is important to eliminate potential bias in sharing economy platforms such as Airbnb.
Washington University in St. Louis made great strides in 2016 in developing and licensing innovative technologies to solve real-world problems. The university earned an estimated $16 million in royalties and licensing agreements related to technology development.
New research from Washington University in St. Louis’s Olin Business School shows price hikes in ride-sharing services such as Uber and Lyft during peak use times, such as New Year’s Eve, can actually benefit both drivers and consumers.
