Faculty in the News

Some recent citations of our faculty's work in the news media:

Victoria Brescoll Comments on Gender Stereotypes at Work

Victoria Brescoll discussed her study "Can an Angry Woman Get Ahead?" in ForbesLife Executive Woman. The study found that people reward men who get angry but view angry women as incompetent and unworthy of status and power in the workplace. "There is a bias in the workplace stemming from gender stereotypes. Professional women have to be seen as both competent and warm and likeable," she said.

Zhiwu Chen: China Should be a Player in the Global Rescue

Zhiwu Chen discussed China's role in the global economic rescue in China Daily. He said, "Given the Chinese economy's great dependence on international trade, it is absolutely in the nation's best interests to make sure that the international monetary order does not collapse, because otherwise China's exports would be dramatically affected. Therefore, China should offer help to countries in financial distress and be an active player in the current global rescue efforts." He also discussed State-Owned Enterprises in the China Economic Review and contributed the piece "Economic Crisis Could Push Reform in China," to YaleGlobal; the piece also appeared in the South China Morning Post and the Daily Times of Pakistan.

James Choi's 401(k) Participation Research Cited in U.S. News

James Choi's research that identified that employee participation in 401(k) plans drops by 5 to 11 percentage points when employers eliminate company matching was cited in a U.S. News & World Report story on GE's elimination of its match program.

Ravi Dhar Comments on Unfair Airfare

In USA Today, Ravi Dhar discussed the rising cost of airfare and why consumers perceive price increases as unfair. He explained that consumers compare today's prices with quotes from months before. In the Hartford Courant he discussed how nonprofit organizations that solicit voters at election polling sites to volunteer their time to a particular cause is a good marketing strategy. He noted that for-profit businesses adopting the same strategy to market a product could be perceived as tasteless.

Jeffrey Garten: Stop the Bail Outs Now

Jeffrey Garten's published the op-ed article "Stop the Bail Outs Now" in Newsweek. In the piece, he argued that governments around the world need to stop pouring money into failing industries.

William Goetzmann Comments on Stock Market Meltdown

William Goetzmann was quoted in a BusinessWeek story that rated the 2008 stock market meltdown compared with past panics. China Daily cited Goetzmann's past comments on art as an investment in which he likened certain art investments to a high beta stock.

Gary Gorton and Geert Rouwenhorst's CTAs Research Cited in Financial Times

A paper by Gary Gorton and Geert Rouwenhorst that found the "average performance of CTAs, after fees, is only 85 basis points above US T-bills," was cited in the Financial Times.

Roger Ibbotson Comments on State of Hedge Funds

Roger Ibbotson discussed the state of hedge funds in the Guardian (UK). He said, "Hedge funds have had to de-leverage and they've all had to do it at the same time," says Ibbotson. "That has been catastrophic for a lot of firms."

Jonathan Koppell on How Obama Administration May Reshape Bailout

Jonathan Koppell discussed the $700 billion federal rescue plan in Financial Week. He said, "The Bush administration's ideological resistance and inconsistency created the worst of both worlds. It's giving money away. Obama may be less resistant to swallowing the whole pill."

Sharon Oster Publishes Forbes.com Op-ed on B-Schools and the Financial Crisis

Sharon Oster joined the deans of HBS, Darden, INSEAD, and Stern in contributing an opinion piece to the Forbes.com special report "A Teachable Moment For Business Schools" examining how business schools will change in response to the financial crisis. She wrote, "Regardless of the new courses, approaches or teaching materials that may result from the financial crisis, it is essential that all of us who are associated with graduate business education, whether it's as a supplier or as a consumer, understand and accept management as a profession — with all the societal and fiduciary obligations that necessarily arise from that conception. There are many lessons to draw from the financial crisis, but this charge is perhaps the most important, both for future business leaders and the future of management education." Yale College received a $1 million gift from an anonymous donor to establish the Sharon Oster Resource Fund for Undergraduate Teaching and Engagement. The fund will recognize faculty members who extend themselves in their work with undergraduates.

Joel Podolny Among Fortune's "Ten New Gurus You Should Know"

Joel Podolny was named one of the "Ten New Gurus You Should Know" by Fortune. He was selected for his work on the Yale integrated MBA curriculum.

Edward Kaplan Proposes Method to Replace Electoral College

Edward Kaplan's "Weighted Vote Share," a method he devised with Arnold Barnett of MIT as a solution to the problems of the Electoral College, was cited in the Hartford Courant. The approach is similar to a popular vote approach while retaining a federal structure.

Doug Rae Discusses New Haven Development

Doug Rae was interviewed by the Yale Daily News about his course "New Haven and the American City." In the Q&A, Rae discussed future city development ideas that would help improve the City of New Haven for the greater good. He expressed a deep concern for much needed enhancements to Metro-North Railroad to provide easy access from New Haven to New York City. Rae also participated in a panel discussion on the university press in the modern university sponsored by Yale University Press.

Jeffrey Sonnenfeld Comments on Executive Pay, Turnaround Tips for Obama

Jeffrey Sonnenfeld discussed executive compensation in the Washington Post, saying, "Wall Street, when I began my career, had no public companies. They were private partnerships where executives had their personal wealth at stake, and they developed their risk-reward system when it was their own money at risk. They've kept that system, but it's other people's money at risk now. That's kind of outrageous." He discussed leadership in the bailout in USA Today; the debt difficulties of companies that have been acquired by private equity firms in the New York Times and International Herald Tribune; turnaround tips for Obama in the Wall Street Journal; the decision of former Wells Fargo CEO Richard Kovacevish to stay on past retirement in the Financial Times; history lessons for Wall Street on CNBC; and the Yale-India initiative in various outlets including the Business Standard.

Matthew Spiegel Discusses Court-Ordered Closing of Kuwait Stock Exchange

Matthew Spiegel commented on the court ordered closing of the Kuwait Stock Exchange in the Los Angeles Times. Investors petitioned the courts for the closing to stop stock slides. Spiegel said, "It's kind of a bizarre thing to do. Closing the exchange doesn't erase the losses. As soon as you open back up, it's going down the same amount." On Election Day, Spiegel was a guest on WNPR where he discussed how a new presidential administration might affect Wall Street.

Submissions Welcome
Send information on new research, class speakers, lectures, media, and other faculty news to the Media Relations mailbox.