Two researchers from Washington University in St. Louis and another from Pontificia Universidad Católica in Chile found that daydreaming carries significant creative benefits, especially for those who identify with their profession and care for the work they do.
New research shows marketers could win more customers by offering financial incentives to customers’ friends — providing a reputational boost to customers — than “selfish” financial incentives to customers. A Washington University in St. Louis marketing professor was a co-author on the study.
A federal moratorium on evictions is just one piece of the puzzle. Without comprehensive solutions, we could be facing a repeat of the 2007-08 financial crisis, said Radhakrishnan Gopalan, a finance expert at Washington University in St. Louis who has studied the effect of health insurance on home payment delinquency.
A U.S. Supreme Court ruling June 29 won’t alter the fledgling Consumer Financial Protection Bureau because it already morphed during the first decade of its existence to where it falls under the philosophical whim of each presidential administration, says an Olin Business School scientist at Washington University in St. Louis.
President Donald Trump issued a presidential proclamation this week that will suspend most new H-1B and other visas through the end of the year — a move the administration said was to protect jobs for unemployed Americans affected by COVID-19. The industries most reliant on visas to fill open positions, however, have relatively low unemployment rates, according to an Olin Business School expert at Washington University in St. Louis.
The rate in which COVID-19 cases spread is not proportionate with the number of contagious individuals – as prior models assumed – but rather concave, meaning that the impact of one more infected person diminishes as more people are infected, according to Olin Business School researchers at Washington University in St. Louis.
The U.S. sports blackout because of the pandemic has left at least a $12 billion crater in the national economy. And even if stadiums and arenas light up anew soon, they won’t look the same. A sports business expert from the Olin Business School at Washington University in St. Louis doesn’t expect the NBA, NHL and Major League Baseball to welcome fans if/when they return in 2020, for example.
During this critical transition as local economies are reopening, an organizational strategy expert at Washington University in St. Louis says businesses must be thinking about the appropriate mix of defense and offense if they are going to succeed in the long game.
If the post-pandemic economic return includes minimum-wage increases across a few or many states, research led by Washington University in St. Louis scientists in the Olin Business School suggests that some positive and negative effects for U.S. workers follow in the two years after implementation.
The coronavirus pandemic has shattered and shuttered businesses. As businesses gradually continue to reopen across the United States, three Olin Business School experts at Washington University in St. Louis offer insights into potential opportunities that could help businesses to emerge from the economic storm.