Machine learning reduces language barriers in global trade, research shows

Machine learning reduces language barriers in global trade, research shows

A forthcoming Management Science paper from researchers at Olin Business School draws a direct connection between language translation driven by artificial intelligence and an increase in international trade. Analyzing data from online e-commerce site eBay, the paper is among the earliest tangible signs that AI and machine learning are living up to their promise.
Could 2018 tariff impact been foreseen?

Could 2018 tariff impact been foreseen?

Researchers from Olin Business School explore the complexity of tariffs as a trade tool in a global economy in a new paper. The research also establishes a supply chain model to explain those effects. The model proposes that, in some cases, the effects were foreseeable when accounting for strategic multi-party interactions and competition.
New theoretical model links loans to bank’s capital on hand

New theoretical model links loans to bank’s capital on hand

A Washington University in St. Louis finance and regulations scientist has published a paper with a theoretical model that basically proposes bridging the divide between bankers and politicians to link such capital requirements to something of a political football: credit allocation — a bank’s business of financing loans.
It doesn’t pay to play angry when negotiating

It doesn’t pay to play angry when negotiating

A new paper, authored by Washington University in St. Louis faculty and alumni from Olin Business School, reports findings from five different studies of subjects in a negotiation agreement. The takeaway: inorganic anger generally leaves parties of both parts feeling guilty, distrusted and needing to make amends afterward.
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