Do better accountants improve productivity?

Sometimes information is freely available and would be useful, but we choose to avoid it. Why do we do that, and does it make any sense? Chicago Booth's Jane Risen talks about her research on willful ignorance. As small children most of us are permanently curious and never stop asking why, but olde…

The Peter Principle observes that employee tend to rise to their level of incompetence. It's a sarcastic take on corporate culture, but many of us have seen technically brilliant people get promoted into nontechnical roles where they struggle to manage people and teams. Chicago Booth's Christine Ca…

Americans use buses and trains much less than their European counterparts. Yet while they sit in their cars, they are subsidizing buses that run mostly empty. Could the system be tweaked to make everyone better off? Chicago Booth's Milena Almagro talks about her research on public transit. Is it po…