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Harnessing the Wisdom of the Crowd to Forecast

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Forecasters often overestimate how good they are at predicting geopolitical events—everything from who will become the next pope to who will win the next national election in Taiwan.

Life

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Social and Behavioral Sciences

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Study: Banks Hired Risk Officers to Mitigate Risk in Years Before Collapse. It Didn’t Go So Well

New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.

Business

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Gig Economy, Lyft, Uber, Upstate New York, Louis Hyman

Upstate New York Ride-Hailing Drives Gig Economy

Business

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ERM, enterprise risk management, Risk Management, Finance, Business, Executive Leadership, Accounting, International Business, Economic Uncertainty, Research, United States, Asia, Africa, Europe, Middle East, Australia

Global Survey: Execs Reporting Significant Risks – But Less-Than-Robust Efforts to Address Them

A global survey of executives finds that most view the world as increasingly risky, with many reporting a “significant operational surprise” over the past five years. However, the majority of executives also report that their organizations are not developing more robust risk management processes.

Business

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Amazon, Whole Foods, Merger, , Amazon, Whole Foods Market, Mergers And Acquisitions, Jeff Bezos, grocery industry

Reporting on the Amazon/Whole Foods Deal? Business Expert From @UTAustin Is Available Now to Comment

Business

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VIX, S&P, SPX, Options Market, Investors, Manipulation

Study Uncovers Large-Scale Volatility Index (VIX) Manipulation

Newly examined aggregate evidence points to large-scale potential manipulation of the CBOE’s Volatility Index (VIX), according to a study from The University of Texas at Austin.

Life

Law and Public Policy

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Politics, Nafta, Policy, Trade, Economics

Giving Up On NAFTA Will Disrupt Trade But Won’t Bring Jobs Back

Business

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Car industry, Automotive industry, FORD, GM, Tesla, cars, Labor, Workforce, Industrial Relations

Ford Tackles Dwindling Sales with Speedy Management Layoff

Business

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Business, Acquisitions, Reputation

Great Expectations Force Risky Business Acquisitions

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A good reputation can be bad for business, according to new research from the University of Georgia.

Business

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Uber, Ride Sharing, Tip, Gratuities, Cab service, New York City, Cornell University

Forcing a U-Turn on Tips Reverses Uber’s NYC Gains







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