Two Booth Professors Appointed Co-Chairs of Becker Friedman Institute
Two Booth School of Business economists, Lars Peter Hansen and Kevin M. Murphy, have been appointed as co-chairs of the Becker Friedman Institute for Research in Economics. The two economists succeed Gary S. Becker, AM’53, Ph.D.’55, who passed away in May. These appointments are effective immediately.
Hansen, formerly the research director for the Becker Friedman Institute, will become its director. In this new joint role, the Nobel laureate will guide the Institute’s scholarly direction, develop programming and oversee operations. Meanwhile, Murphy, a MacArthur fellow and winner of the John Bates Clark Medal and the George J. Stigler Distinguished Service Professor in Economics at the Booth School of Business, will focus on the Institute’s outward-facing activities, including public outreach programs and development. Continue reading…
Booth Research Shows What Really Shapes Desire
A recent study from Ayelet Fishbach, Professor of Behavioral Science and Marketing at the Booth School of Business, and co-author Xianchi Dai of Chinese University of Hong Kong. Titled “How Non-Consumption Shapes Desire”, has found if a person is aware of a substitute for something, the longer they have gone without, the weaker their desire for the non-consumed good becomes. Continue reading…
Booth Research: Early Warnings About Goal Completion Found to Be a Buzzkill
New research from the University of Chicago Booth School of Business finds that the positive reaction one would have when succeeding is lessened if it doesn’t follow the expected course. Ayelet Fishbach, a professor of behavioral science and marketing, and Nadav Klein, a doctoral student, published their paper “Feeling Good at the Right Time: Why People Value Predictability in Goal Attainment.” Their research found that when people learned that they had achieved something before their predetermined time, the experience was muted twice — when they learned early, and then when the goal was achieved. Continue reading…
Booth Research Presented at White House Summit on Working Families
Sunil Kumar, dean at the Booth School of Business, addressed the White House Summit on Working Families on June 23, 2014. Kumar told the summit that corporate leaders of the future will need to provide a supportive environment for a workforce consisting of substantially more women. Continue reading…
Prudential Hires Booth Alum to Lead New Team
Prudential Financial Inc., the second-largest U.S. life insurer, hired Michael Schlachter, Booth School of Business MBA Alumnus, from Wilshire Associates to lead the company’s Multi-Asset Class Solutions group. Continue reading…
Booth Surveys Aim to Craft the Perfect Class
As an effort to create the perfect MBA class of achieving, high-ceiling students, the Booth School of Business has begun to survey current students about their classmates’ popularity and potential in order to predict who will be the most successful (and wealthiest) alum post-graduation.
Stacey Kole is the deputy dean for Booth’s full-time MBA program. In an interview with Bloomberg Businessweek, she said the school will look for patterns in survey responses to show hidden indicators of eventual wealth, job success, and popularity. Continue reading…
