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  • Does Corporate Venture Capital pay? And if it does, who does it pay?

    There are three widely acknowledged domains of performance outcomes that are affected by CVC investments, the financial performance of corporate investor, strategic performance of corporate investor and venture performance. In this study, Peiyuan Huang, assistant professor from Guanghua School of Management used meta-analysis to synthesize how well CVC investment performs in each of these distinctive performance domains.

    May 26, 2022

  • Would equal time allocation between family and work bring greater happiness in females?

    People usually believe that more equal time allocation between family and work would bring greater happiness to females. But is that true in real life? To answer this question, Jia Gai, assistant professor in marketing at Guanghua School of Management at Peking University conducted research about female happiness and the resource allocation between family and work with professor Yanping Tu and Jing Xu.

    May 26, 2022

  • ‘‘Moving Umbrella’’: Bureaucratic transfers and the comovement of interregional investments in China

    “State capitalism” has been a key feature to many robust economies such as China in recent decades. Yet, little is known about how bureaucratic transfers across Chinese cities can affect interregional investment. To study this pattern, in particular the role of local leaders in shaping the interregional investments in China, Prof. Xiaobo Zhang at Guanghua School of Management at Peking University and his co-authors conducted empirical investigation and in-depth analysis. Continue reading the summary, adapted based on Prof. Xiaobo Zhang's paper, ‘‘Moving Umbrella’’: Bureaucratic transfers and the comovement of interregional investments in China, published in the Journal of Development Economics, to gain insights to their findings.

    May 24, 2022

  • China Daily |Well-designed coupons can help increase consumption

    China's GDP grew 4.8 percent in the first quarter of this year despite the pressures of a complicated and grimmer international environment and rising COVID-19 infections in some places, the National Bureau of Statistics said on Monday.

    Apr 21, 2022

  • The Podcast | Human Value in the Age of AI

    Over the years, data has exploded, artificial intelligence has been fast developed. The commercial usage of AI is already a common phenomenon in many fields, including education, medical domain, and financial platforms. AI is no longer a technical word talked by programmers or computer scientists only. AI is everywhere in our daily life. However, in practice, we have realized that AI is not always good. It might not satisfy our expectations in realizing its business value. And even worse, it brings unexpectedly a range of social issues.

    Apr 19, 2022

  • How do career incentives affect a city leader’s decision on urban spatial expansion?

    Did you know that from 1990 to 2015, China’s urban population grew more than two times from 302 million to 771 million –in just 25 years! This is because city leaders’ career advancements depend on the city’s economic performance, which can be achieved by raising fiscal revenues to finance public infrastructure. However, if their career ambitions overshadow his concern for social welfare, it comes with social costs such as urban sprawl and pollution. With China’s unique political context, Prof. Qinghua Zhang and Prof. Li-An Zhou at Guanghua School of Management, Peking University, seek to find out how different intensities of career incentives affect a city leader’s decision on urban spatial expansion.

    Apr 13, 2022

  • Why high-risk individuals are more likely to avoid health information

    Information is valuable in standard economic analysis because it improves decision-making. However, there are many situations in which people avoid useful information – for instance, individuals that believe their health is at a high-risk level might avoid a medical test.But why does this happen, when more information can help us make better decisions? Prof. Juanjuan Meng at Guanghua School of Management at Peking University and her co-authors Yufeng Li, Changcheng Song and Kai Zheng seek to find an answer to this in their research paper, “Information Avoidance and Medical Screening: A Field Experiment in China”. Continue reading to learn more.

    Apr 12, 2022

  • Group Size and Protest Mobilization across Movements and Counter-movements

    The decision by a citizen to participate in a social movement can be shaped by both her own movement’s activity and that of the counter-movements. Yet, little is known about exactly how the turnout for the potential activist’s own protest and that of the counter-protest’s will affect their willingness to become politically active. Moreover, how does being on the political right or left further influence this interdependence? To study how strategic interdependence shapes political activism within and across movements, Dr. Lukas Hensel and his co-authors implemented two field studies in Germany. Continue reading the summary, adapted based on Dr. Lukas Hensel's paper, Group Size and Protest Mobilization across Movements and Counter-movements, published in American Political Science Review, to gain insights to their findings.

    Apr 11, 2022

  • Assortative Learning

    Matching workers with the correct employer/firm and getting the efficient equilibrium is a crucial problem in the labor market. Assortative matching, therefore, needs to be looked at to tell whether every worker is matching with the right type of firm. It has been challenging to find assortative matching especially when the worker’s productivity is not known. Thus the workers and the firm only hold a belief about the actual productivity of the worker and working in different firms may lead to different learning speeds of the actual productivity. To address the issue of assortative matching in a dynamic competitive equilibrium, Jan Eeckhout and Xi Weng came up with a model in their paper Assortative learning. Continue reading the summary to get an insight into the model.

    Mar 30, 2022

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