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Economics

Sharing Your Data Comes at a Cost—and Not Just to You

A new study co-authored by Yale SOM’s Jidong Zhou models the interaction between individual privacy choices and firms’ strategic responses and finds that data sharing can impose costs on other consumers—including those who opt out.

An illustration showing someone working on a computer with a door on the back of the screen opened so his work is visible from behind
  • In the Wake of the Pandemic, Flexible Work Arrangements Made Workers Less Likely to Start Their Own Businesses‌

    Flexibility has long been a selling point for entrepreneurship. But COVID-19 helped make flexible arrangements more of a norm. A new study co-authored by Yale SOM’s John Barrios shows how this shift in workplace norms changed who starts businesses.

    A man working at a desk in his attic
  • When Skilled Workers Go Abroad, Their Home Countries Experience ‘Brain Gain’

    When skilled workers from poorer countries migrate to wealthy ones, there are benefits for the origin countries as well as workers and the host countries, according to new research co-authored by Yale SOM’s Mushfiq Mobarak. But anti-immigrant sentiment and policy could disrupt this mutually beneficial dynamic. ‌

    New citizens raising their right hands at a ceremony
  • Podcast
    Season 1
    Episode 3
    Duration 23:40

    When Ideas Meet the Real World with Mushfiq Mobarak

    Development economist Mushfiq Mobarak, the Jerome Kasoff ‘54 Professor of Management and Economics, explains how implementing new ideas can be complicated by politics, unintended consequences, and the complexities of human behavior.

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  • Free Pre-K Gives Parents’ Income a Long-Lasting Boost‌‌

    Prof. Seth Zimmerman and his co-authors found that parents with kids in New Haven’s lottery-based pre-K program earn thousands of dollars more per year than their peers, likely because they are able to work longer hours and make more progress in their careers.

    A four-year-old and her parents arriving at school
  • Are Trump’s Tariffs Repairing Market Failures or Eroding Global Trust?

    Yale SOM’s Jeffrey Sonnenfeld and co-authors Stephen Henriques and Steven Tian write that while there are legitimate reasons for some tariffs, the president’s arbitrary approach is worrying allies and unsettling markets.

    Shipping containers at the Port of Montreal
  • Our Most-Read Stories of 2024

    This year, faculty and alumni experts helped us understand issues including the expanding role of AI in our society, the new space economy, the impact of gender in the workplace, the keys to financing a greener economy, and the psychological quirks that lead us toward irrational economic choices.

    A collage of artwork from multiple articles
  • When Cash Isn’t an Option, Consumers Lose Out

    Paper currency is associated with crime and tax avoidance, but low-income consumers often rely on it. New research from Yale SOM’s David Argente puts a figure on how much those consumers forfeit when governments ban cash payments.

    An Uber driver in Mexico in 2018.
  • The Perils of Personalized Pricing

    Increasingly, companies have the ability to target each of us with individual prices based on what they think we will pay. A new study co-authored by Yale SOM’s Jidong Zhou investigates whether the result is higher or lower costs for consumers.

    An illustration of four people with TVs in shopping carts, all with different prices
  • What We Get Wrong about the Effects of Population Growth

    New research co-authored by Professor Jason Dana finds that people over-focus on increased consumption without considering the positive effects of increased productivity.

    An illustration of bunches of grapes in which each grape is a human face
  • Can Industrial Policy Help Revive Struggling Regions?

    A new paper co-authored by Yale SOM’s Cameron LaPoint looks at an effort in 1980s Japan to narrow economic inequalities between geographic regions, in order to understand the potential impact of the similar U.S. CHIPS and Science Act, enacted in 2022.

    President Joe Biden with a quantum computer during a tour of an IBM facility in Poughkeepsie, New York, in 2022.