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Washington University in St. Louis News & Information > University Groups > Olin Business School >

Center for Research in Economics and Strategy

Director: Glenn MacDonald, Ph.D.

Home Page: http://www.olin.wustl.edu/acadres/centers/cres.cfm

Email: cres@olin.wustl.edu

Telephone: (314) 935-4512
News Stories & Tip Sheets:

Showing Stories 1 through 10 of 12.  - Show Home
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Rachel Croson to discuss status of women in academia

New speaker series to feature prominent women scholars

April 13, 2009 --
Croson
"The Status of Women in Academia" will be the topic of one of two lectures when Rachel T. A. Croson, Ph.D. visits the Danforth Campus April 14 and 15 in a new series launched by The Center for Research in Economics and Strategy at the Olin Business School.


Advancing competitively requires firms to be self-aware and capable to implement plans, business professors say

Business innovation is not dependent on creative people

Oct. 9, 2006 --
American companies continue to grapple with staying competitive in the global economy. Increasingly, companies and business gurus are citing innovation as the key to sustaining American business' strength. What's not clear is what it means for a company to be innovative. Washington University business professors say the best way to infuse innovation into a company is not by hiring creative people, but by managing innovation in a systematic way. More...


It's the wave of the future: The economy thrives, but the employment rate doesn't

Jobless recovery will be a repeat phenomenon

Sept. 7, 2006 --
Recovering from a recession doesn't include the entire economy.
Recovering from a recession doesn't include the entire economy.
The "jobless recovery" that befuddled observers after the recession in the early 2000s was no fluke. It's actually a pattern that we can expect to continue thanks to technology's uneven impact across sectors of the economy. What's more, this new trend in business cycles is as important in making policy decisions as it is in ensuring the stability of the country's economy. More...


For Expert Comment

WUSTL business professor addresses GM and plight of auto industry

March 23, 2006 --
Bigelow
Bigelow
Lyda Bigelow, assistant professor of organization and strategy, has little sympathy for the difficulties American car makers are experiencing. She says that American car makers had a long time to work out the pension and benefits problems they're now facing, but the companies failed to do so, even when they had the resources to do so.


WUSTL business professor studies when contracting work to outside sources is a bad idea

Outsourcing helps or hurts businesses, depending on how they're used

Feb. 2, 2006 --
People's suspicions about outsourcing are sometimes right; it is just a way for firms to save a buck. But when firms outsource IT projects or share resources with a supplier, they might be creating competitors who could steal customers or profit making ideas, says a professor from the Olin School of Business. Without knowing when it is appropriate to outsource, the financial impact could be quite harmful.


Quantitative approach to strategy shakes up 'business as usual'?

Analytical process gives firms a leg up on creating their competitive advantage, WUSTL business professor says

Feb. 2, 2006 --
Businesses today are turning to quantifiable analysis to map strategies. According to a professor at the Olin School of Business, companies can address specific problems in a scientific way by using basic principals of game theory.


For expert comment

New CEO at Hewlett Packard

March 29, 2005 --
Corporate Governance Conference at Washington U.'s Olin School

Worldwide Business experts to visit Olin School of Business for corporate governance conference

Nov. 2, 2004 -- Business experts from all over the world will come to the Olin School of Business at Washington University to participate in a three-day conference on corporate governance Nov. 11 to 13.

"Key Issues in Corporate Governance," co-sponsored by the Olin School, the Center for Research in Economics and Strategy (CRES), and the Journal of Financial Intermediation, will be held at the Charles F. Knight Executive Education Center. The conference will feature two days of academic presentations and a third day devoted to panel discussions among senior corporate executives, policymakers and academics. Topics include financial markets and corporate governance regulation in the United States and similar issues in the European Union.


Economics of 'has-beens'

Advances in technology impact value of workers' skills

June 9, 2004 --
MacDonald
MacDonald
It is no secret that advances in technology can greatly impact the value of workers' skills. Older workers often find the updating of complex technology uneconomic, while younger workers acquire and readily employ skills tailored to the newest technology. The result: the latter group's productivity rises, diminishing the value of output produced by their older counterparts. A recently published study by Glenn MacDonald, Washington University's John M. Olin Distinguished Professor of Economics and Strategy, is the first to model and explain the nature and severity of this effect.


Money managers

Compensation of portfolio managers tied to firm profitability more than client success, survey shows

April 30, 2004 --
As the Securities and Exchange Commission debates new rules that would require mutual funds to disclose how fund portfolio managers are compensated, research by two scholars at the Olin School of Business at Washington University in St. Louis shows that money manager pay is more influenced by the success of their firm than the investment performance of their clients. The survey of portfolio managers finds that firm success-factors such as firm profitability have more impact on portfolio managers' bonuses than client success factors like investment performance, though managers are more likely to be dismissed for poor investment performance.



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Related Information
Media Assistance:

Melody Walker
Director of News & Information for the Olin Business School
melody_walker@wustl.edu

(314) 935-5202
Contact Information

Related Groups:

Schools:
Arts & Sciences
Olin Business School

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Revised:

Monday, Oct. 27, 2008


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