Faculty Viewpoints

In the introductory lecture of his course Global Financial Crisis, Andrew Metrick describes how the financial panic of 2008 and the ensuing recession have created a new economic reality.

Globalization means that people from different countries are working together more and more. In her research, INSEAD’s Erin Meyer examines the cultural differences that can trip up global business relationships—and proposes methods for avoiding problems.

Over the last few decades, society has started to take on some of the environmental problems caused by industrialization. But sometimes solving one problem creates or aggravates another. Yale environmental chemist Paul Anastas argues that managers who take a systemic approach to sustainability are needed to create lasting solutions.

Somehow ice and cold water have become the social media phenomenon of the summer. Millions of people have shivered and screamed while dumping buckets of ice over their own heads, and a medical charity has tens of millions of dollars raised as a result. Yale Insights spoke with Yale economist Florian Ederer to try to make sense of all of this.

Modeling the economic consequences of climate change is difficult, uncertain work. In addition, any result is sure to be subjected to political attack. For decades, Yale's William Nordhaus has been developing models that can inform policy decisions.

What kinds of motives are most conducive to success? In a New York Times op-ed, Professor Amy Wrzesniewski and coauthor Barry Schwartz discuss their research looking at the motives of new West Point cadets and how they relate to success as Army officers.

Yale SOM’s David Bach finds five key factors behind Germany’s victory at the 2014 World Cup in Brazil—and they’re all about smart management.

Recent research, drawing on behavioral economics, suggests that donors make larger contributions to a nonprofit organization when they have a sense of active involvement in the organization's mission. In an op-ed for the New York Times, Professor Robert Shiller suggests that changes to legal and institutional structures could be powerful new tools to increase engagement and giving.

Investors put financial theory into practice every day. How efficient are markets? Can market participants advantageously match their capabilities to the right investments or leverage an information advantage? A panel of asset managers discusses how they see the theories playing out in real markets.

In a New York Times op-ed, Professor Robert Shiller writes that efforts to prepare for climate change should include the use of private institutions of risk management, such as insurance and securitization, to share risk and smooth the unpredictable effects of future disasters.