What’s Next for the U.S. Auto Industry?
It’s been a tumultuous year for the U.S. auto industry: bailouts, bankruptcies and cash for clunkers have helped keep the industry afloat. Yet, the reality of too many factories and workers... MORE>
How Consumers Place a Premium on Discounting Time
There is a psychological phenomenon known as present bias, which basically means that a desired outcome (e.g., money, product, experience) in the future is perceived to be... MORE>
Corporate Strategy and the Uniqueness Paradox
While uniqueness in investment strategy choices is a necessary condition for value creation, uniqueness in strategy also mandates more costly expenditures by participants in the market... MORE>