Elections sometimes give policy makers incentives to pander to implement policies that voters think are in their best interest even though the policy maker knows they are not, says Professor Kenneth Shotts. In general, an effective media reduces this tendency to pander, "but there are some exceptions to this general rule."
The 2008 turmoil in world oil prices was not caused by an imbalance of supply and demand, argues Professor Kenneth Singleton of the Stanford Graduate School of Business. Instead there was an "economically and statistically significant effect of investor flows on futures prices."
Policy makers need to understand how early-stage companies in their own area work, rather than try to create another Silicon Valley, says Stanford management professor George Foster. He is coauthor of a new report published by the World Economic Forum.
Text of Op-Ed Published in Financial Times
Medical Technologies with high "social value" can play an important role in helping safety-net providers use their resources more efficiently. However, traditional investors often see the total market potential for such technologies small relative to other, more immediate opportunities, leaving many companies struggling to secure capital, say researchers Stefanos Zenios and Lyn Denend.
Stanford experts have concluded that in the event of a nuclear detonation, people in large metropolitan areas are better off sheltering-in-place in basements for 12-24 hours than trying to evacuate immediately, unless a lengthy warning period is provided.
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The United States will see a slow move toward electric car adoption in the next 5-to-10 years while China will see only a small market for cars but big opportunities to manufacture and export batteries. A Stanford MBA student class study doubts either nation will move quickly to adopt clean coal technology.
The high price of popcorn at most movie theater concession stands actually benefits moviegoers, say researchers, including the business school’s Wesley Hartmann. It helps hold down the price of the movie ticket.
