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Another Yale Nobel: Robert Shiller

By Guest PostOctober 15, 2013Economy, Education21 thinkers, 21st century, alfred nobel, american economic review, asset prices, bob shiller, born in detroit, case shiller, die zeit, economic sciences, empirical analysis, eugene fama, german newspaper, home price, irrational exuberance, jim rothman, lars peter hansen, management, MIT, nobel prize, professor of economics, real estate index, robert shiller, social psychologist, university of chicago, university of michigan, university of minnesota, university of pennsylvania, yale nobel, yale school, yale university

Robert J. Shiller, the Sterling Professor of Economics at Yale University, has been awarded a Nobel Prize in Economic Sciences. He shares the award — formally, the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — with Eugene F. Fama and Lars Peter Hansen from the University of Chicago. According to the Nobel committee, the three were honored “for their empirical analysis of asset prices.”

Shiller, whose name became a household word with the wide use of the Case-Shiller Home Price real estate Index, came to national prominence with the publication in 2000 of “Irrational Exuberance.” The book, which quickly became a bestseller, described speculative bubbles fueled by mass misinformation and herd instinct, and accurately predicted the dot.com implosion. As early as 2003, Shiller warned of the housing market collapse, and later wrote a precept for recovery, “Subprime Solution: How the Global Financial Crisis Happened and What to Do about It.” (more…)

Indian foresters learn state-of-the art methods in mid-career training at Yale

By Guest PostJuly 30, 2013Environmentamherst, career training, chadwick dearing oliver, forest policy, global context, greater boston area, ifs, indian foresters, indian officers, management, mark ashton, mary tyrrell, paul barten, pocket parks, quabbin reservoir, short course, teri university, tom wagner, university of massachusetts, urban resources initiative, uri, watershed, yale, yale myers forest

Officers of the Indian Forest Service (IFS) arrived on the Yale campus July 21 for a two-week training session on state-of-the-art concepts and practices in forestry and environmental management. The session is part of a partnership between the Global Institute of Sustainable Forestry at Yale, TERI University (The Energy and Resources Institute in India), and the Indira Gandhi National Forest Academy acting under the auspices of the Indian Ministry of Environment and Forests.

The Indian Ministry of Environment and Forests conceived the idea of holding short, intensive training sessions as a way of injecting fresh ideas, tools, and techniques into its forest service. The Yale Global Institute has participated from the beginning of the program, making this the fourth year, and the sixth group of Indian foresters welcomed to campus. (more…)

Broker Fees from Mutual Funds Affect Advice; Predict Worse Performance, New Study Says

By Guest PostJanuary 31, 2013Economybrokers, canada, charge, clients, david musto, higher broker fees, integrative thinking, interest, investments, journal of finance, management, management expense ratio, mer, most investments, mutual fund company, mutual funds, real consequences, richard evans, rotman school, sales commissions, susan christoffersen, trailer fees, university of pennsylvania, university of toronto, university of virginia

TORONTO, ON – Brokers are supposed to recommend investments that are in the best interests of their clients.

But a study published in the February 2013 issue of the Journal of Finance has found that mutual funds offering higher broker fees attract the most investments, especially when the broker is not affiliated with the mutual fund company. Every additional dollar paid to a broker corresponds with another six dollars invested into the fund, and another fourteen dollars if the broker is an unaffiliated third party whose compensation depends exclusively on sales commissions. (more…)

IBM Addresses Security Challenges of Big Data, Mobile and Cloud Computing

By Guest PostOctober 18, 2012Technologyaudit data, automate compliance, big data, brendan hannigan, cloud, cloud based, cloud computing, cloud security, cloudera, data security, Environment, flemish government, framework, hadoop, ibm, infosphere biginsights, initiatives, interoperability protocol, it risk, key management, kmip, management, mcbc, mobile, mobile security, multi perimeter, organization, platform, protect data, qradar, relational data, securit, security inhibitor, security intelligence, smartcloud, united states, wim martens

Largest set of security software capabilities announced to date

ARMONK, N.Y. – 18 Oct 2012: In a move designed to reduce the biggest security inhibitors that organizations face in implementing cloud, mobile and big data initiatives, IBM today announced a broad set of security software to help holistically secure data and identities.

IBM’s new software capabilities help clients better maintain security control over mobile devices, mitigate internal and external threats, reduce security risks in cloud environments, extend database security to gain real-time insights into big data environments such as Hadoop, and automate compliance and data security management. Along with IBM Security Services and IBM’s world-class research capabilities, this set of scalable capabilities supports a holistic, proactive approach to security threats spanning people, data, applications and infrastructure. (more…)

Better Ways to Hire, Announce a New CEO

By Guest PostSeptember 21, 2011Economybetter decisions, business professor, corporate jet, firm, information, management, new ceos, self image, steven boivie, strategic noise, university of arizona

*Two studies by a UA business professor examine the hiring of CEOs, finding that new CEOs make better decisions when their self image is tied to the firm and that “strategic noise” can soften market response to a new hire.*

Two new papers co-authored by assistant professor of management Steven Boivie at the University of Arizona uncover novel facets of CEO and firm performance.

The first of the papers, out now in the Academy of Management Journal, finds a new remedy to the CEO agency problem. Instead of trying to design incentives and controls to keep corporate leaders acting in the best interest of the company, Boivie and his co-authors demonstrate that boards should try to hire leaders who strongly identify with the company itself. (more…)

Tag Archives: management

Another Yale Nobel: Robert Shiller

Indian foresters learn state-of-the art methods in mid-career training at Yale

Broker Fees from Mutual Funds Affect Advice; Predict Worse Performance, New Study Says

IBM Addresses Security Challenges of Big Data, Mobile and Cloud Computing

Better Ways to Hire, Announce a New CEO