We take for granted that some product differences are matters of quality and others are matters of taste. But do consumer beliefs match this assumption?
Stephen Spiller
A Q&A with Distinguished Professor of Finance Eduardo Schwartz, UCLA Anderson's California Chair in Real Estate and Land Economics.
Eduardo Schwartz
Daniel J.B. Mitchell asks whether Warren Buffet's three-decades-old plan might finally resolve trade deficits.
Daniel J.B. Mitchell
UCLA is known for its blue ribbon research capabilities and strengths in engineering, medicine, mathematics and psychology. UCLA Anderson isn’t shy about leveraging this cluster of brainpower.
Al Osborne
Paul Habibi says he understands the concerns about favoritism for luxury developers seeking one-off approvals to Los Angeles' outdated zoning code. But the shortage of housing is so severe that “you just can't build enough units at any price point.”
Paul Habibi
For many developers, it doesn't make fiscal sense to include affordable housing, says Eric Sussman. Affordable housing "caps my rent, and creates a lot more paperwork and management burden."
Eric Sussman
Economists at the University of California at the UCLA Anderson Forecast suggest Trump could bring a “massive fiscal stimulus” to a state whose coffers are already full. David Shulman predicts “Trumponomics” could result in $20 billion more in federal spending on California's infrastructure, and another $20 billion in defense, likely going to Southern California's aerospace industry and to cybersecurity firms in Silicon Valley.
David Shulman
"I am here in Myanmar teaching an international business class. After the gloom and doom of the rancorous U.S. election, spending winter break in a beautiful place where everyone is looking towards a brighter future is refreshing. At UCLA Anderson, we offer these classes to our MBA students as a way of showing them contrasts to the U.S. business climate."
Jerry Nickelsburg
“There are advantages to a slow recovery,” says UCLA Anderson Forecast economist Jerry Nickelsburg, commenting on John Williams' plan for steady, sustainable growth led by fiscal policy, not monetary policy resulting in a boom-and-bust cycle. “You don't have imbalances. It's like having small earthquakes to ease the pressure of a big one.”
Samuel Culbert's 2010 book Get Rid of the Performance Review! triggered sharp the criticism of annual performance evaluations that continues to snowball.
Samuel Culbert
With slower statewide income growth and wildly fluctuating incomes among the wealthy whose taxes are meant to fuel the economy, UCLA Anderson Forecast economist Jerry Nickelsburg observes that California propositions 30 and 55 “have increased the dependence of the state on a volatile tax base.”
David Shulman, UCLA Anderson Forecast senior economist, says the single most helpful thing San Francisco could do to address its affordability crisis would be to relax existing zoning measures and increase its housing stock.
One of the reasons it's so hard for people to save money is that we think of our future selves as strangers. Professor Hal Hershfield used brain scans to come up with a visual scale to gauge how compassionate people feel toward their future selves.
Hal Hershfield
Shlomo Benartzi, professor and co-chair of the Behavioral Decision-Making Group, warns: Be careful of making financial decisions on your phone — especially spending.
Shlomo Benartzi
Judson Caskey collaborated on a study that examined 14 years of data on workplace safety from OSHA, documenting any possible correlation between analysts' financial forecasts and workplace injury and illness rates.
Judson Caskey
Jerry Nickelsburg writes that, based on Colorado's history with legalization of recreational marijuana, he predicts an industry that constitutes 0.2% of California's $2.5 trillion economy and 0.13% of California's employment.
Hal Hershfield conducted a study in which students looked at images of themselves that had been manipulated to look older, which helped them foster empathy for their future selves and made them less likely to delay completing their school work and studying for exams.
Magali Delmas and colleagues conducted a thorough study to find out whether eco-certified wines really tasted better — both to experts and average consumers — despite negative public perception.
Magali Delmas
Cassie Mogilner Holmes determined that the intensity of emotion experienced during the consumption of certain types of gifts overrides the connection made when receiving a tangible present, regardless of whether the giver and recipient are consuming the gift together.
Cassie Mogilner
Hal Hershfield, a marketing professor at UCLA's School of Management, looked into how our brains think of our present selves compared to how we think of our future selves. With the help of fMRI scans, he found that people associate thoughts about their present selves in a different area of the brain than they process information about their future selves.
Professor Avanidhar Subrahmanyam and collaborator Holly Bell predicted that IEX Group's 350-microsecond delay of incoming and outgoing information to the broader market creates a cascading effect that could enable other exchanges to add order types and intentional delays to benefit themselves and sophisticated traders at the expense of ordinary investors.
Avanidhar Subrahmanyam
UCLA Anderson Forecast economist William Yu says Trump "is creating a much better, more competitive investment environment for corporations in this globalized world. I think CEOs are thinking maybe we can use automation to offset the cost of American labor, and revitalize some part of manufacturing."
William Yu
Professor Jerry Nickelsburg discusses the impact of the trade tariff from Mexico on the California economy.
For many developers, it doesn't make fiscal sense to include affordable housing, says Eric Sussman. "Developers are about as capitalist as you get. Like them or love them, or hate them, it's just economics."
"Entrepreneurs who beat the odds and build a single strong business intrigue me," says Dean Judy Olian. "Successful serial entrepreneurs, those who create multiple pioneering businesses, amaze me." Olian considers the boundless ambition of UCLA Anderson alumna Martine Rothblatt (J.D./MBA '81) within that elite club.
Judy Olian
This is a publication of UCLA Anderson School of Management. Thank you for reading.
