Consumer demand is a driving force of economic growth, accounting for about two-thirds of the US economy. So when policymakers want to determine how a particular fiscal or monetary policy will land, ...

If you want to get people’s attention to address a problem, making it seem as big as possible is a nearly universal reflex. Across more than a dozen experiments, they find that describing how big a ...

For many Americans, the image associated with “spaghetti” is likely to be a heaping plate of steaming pasta smothered in tomato sauce, maybe with a few meatballs and a sprinkling of parmesan cheese.

Shrinkflation—when companies cut the size of their products but keep the price the same—has become increasingly common in recent years. In 2023, Folgers decreased the volume in its coffee containers, ...

Chicago Booth is pleased to offer email services to our alumni. We review and adapt these services as needed in response to evolving technology and security implications. The most recent changes to ...

Farzana Afrin, Jinhwan Kim, Sugata Roychowdhury, and Benjamin P. Yost, "Internalizing Peer Firm Product Market Concerns: Supply Chain Relations and M&A Activity" (online appendix) (datasheet and code ...

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The Expanding Diversity in Economics (EDE+) Opportunities Hub is dedicated to promoting diversity and inclusion in economics and fields that draw upon this important skill set by providing ...

In this paper, we consider a classic periodic-review lost-sales inventory system with lead times, which is notoriously challenging to optimize with a wide range of real-world applications. We consider ...

High-quality machine learning models are dependent on access to high-quality training data. When the data are not already available, it is tedious and costly to obtain them. Data markets help with ...