Remove 2008 Remove Finance Remove Productivity Remove Reference
article thumbnail

Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States.

Mercer 186
article thumbnail

New Zealand’s Financial Crises Resilience

Tom Spencer

Flexible exchange rate, product and labour markets. Going through these points with reference to the historical context will help to clarify why these characteristics of New Zealand’s economy were key. In 2008, the HPI contradicted Makhlouf and other median house price studies by showing a large decline in the value of housing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transformational Leadership: Changing Culture to Fuel Financial Success

Organizational Talent Consulting

A global survey of over 5000 CEOs revealed that greater than 60 percent of organizations anticipate introducing new products or services to fuel their growth. Company cultures centered on efficiency thinking have flooded the marketplace with low-cost, widely available products and resulted in tremendous waste and social issues (Brown, 2009).

Culture 52
article thumbnail

Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Using the current close of 7.164 as our reference, here is a summary. The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar for the first time since 2008. In the last week the peso fell from 6.643 to 7.164. In the last month the peso fell from 6.362 to 7.164.

article thumbnail

If America’s Economy Is Winner-Take-All, Why Are Some Smaller Businesses Thriving?

Harvard Business

A new paper by economists Jan De Loecker and Jan Eeckhout argues that the problem isn’t confined to finance, or even large international corporations. Economists consider markups to be the difference between what a business pays for the inputs it uses and what it charges for the products it produces. This is quite a claim.

Retail 29
article thumbnail

Why consulting?

Management Consulted

For instance, we examined predatory pricing in the airline industry and illegal product tying by Apple, Microsoft, and AT&T. What I found particularly fascinating was the number of variables that needed to be taken into account while making strategic decisions on governance, production or any other function.

article thumbnail

What Big Consumer Brands Can Do to Compete in a Digital Economy

Harvard Business

It also hurts the brands sold inside the stores, which in part explains why consumer product giants like Procter & Gamble are seeing their sales stagnate for products like Tide detergent, Gillette razors, Pampers diapers, and Crest toothpaste. Maxx and Marshalls—which compete aggressively on price. Price competition hurts.

Retail 31