Kellogg in the News

Morningstar

Valuing Possibilities – 08/02/10
A reprint of the Kellogg Insight article, “Valuing Possibilities,” which is based on the research of Assistant Professor of Finance Dimitris Papanikolaou.

The Economist Intelligence Unit

Executive Briefing--How to prosper as a product manager: Redefining and strengthening the product manager’s role – 08/02/10
A reprint of the Kellogg Insight article, “How To Prosper As a Product manager,” which is based on the research of Robert R. McCormick Tribune Foundation Clinical Professor of Technology Mohanbir Sawhney.

Today’s Chicago Woman

Graduate Financial Aid Tips – 08/01/10
Associate Director of Financial Aid Julie Israel comments on financial aid options for prospective graduate students.

Chicago Sun-Times

Americans less optimistic about prices – 07/30/10
The article profiles the Financial Trust Index (Wave VII results), co-authored by Professor of Finance Paola Sapienza.

Newzglobe.com

Expat living enhances creativity – 07/30/10
A profile of a study on living abroad and creativity, co-authored by Morris and Alice Kaplan Professor of Ethics and Decision in Management Adam Galinsky. The study appeared in the May 2009 issue of the Journal of Personality and Social Psychology.

NPR (Marketplace)

Chamber wants states to cut back on pensions – 07/30/10
Associate Professor of Finance Joshua Rauh discusses the future of state pensions. Listen to the interview.

The Mint (Dow Jones publication in India)

Which is the best IPO method? – 07/30/10
The article profiles a study of IPO practices in 50 countries. The research, “Why Do IPO Auctions Fail the Market Test?”, is co-authored by Chicago Mercantile Exchange/John F. Sandner Professor of Finance Ravi Jagannathan and Kellogg Senior Research Associate Andrei Jirnyi.

The Economist Intelligence Unit

Executive Briefing--Minimum wage matters: Increasing the minimum wage may not help low-wage workers – 07/29/10
A reprint of the Kellogg Insight article, “Minimum wage matters,” which is based on the research of Richard M. Paget Professor of Management Policy Jeroen Swinkels.

FOX Business Network (The Willis Report)

Pension Tension for Taxpayers – 07/29/10
Associate Professor of Finance Joshua Rauh discusses the future of state pensions.

Montreal Gazette

Age now, save more for later – 07/29/10
The article highlights research on how seeing age-morphed images of one’s self can influence a person’s financial decisions. The study is co-authored by Visiting Assistant Professor of Management & Organizations Hal Ersner-Hershfield.

New York Times

In Price War, New Kindle Sells for $139 – 07/29/10
From the article: Amazon has slashed the price of the Kindle at a speed that is unusual, even for electronic gadgets. By last year, the price of the device was to $259, down from its starting price of $399 in late 2007. In June, hours after Barnes & Noble dropped the price of its Nook e-reader to $199, Amazon dropped the price of the Kindle to $189. The Kindle DX, which has a larger, 9.7-inch screen, is $379. With Amazon’s latest announcement, it is again waging a price war. Barnes & Noble offers a Wi-Fi version of the Nook for $149 and Sony offers the Reader Pocket Edition, which does not have Wi-Fi, for $150. Of course, price is just one factor people consider before making a purchase. The quality of the product, adequate inventory and appealing marketing are just as important, said Eric T. Anderson, a professor of marketing at Northwestern University’s Kellogg School of Management. But as the e-reader marketplace has grown crowded “there are lots of substitutes out there so the only way they can create demand is by lowering the price,” he said.

Connecticut Network (Hartford/New Haven)

07/28/10
The broadcast references a study on the funding status of state-sponsored pension plans, authored by Associate Professor of Finance Joshua Rauh. The broadcast also aired on WPKT-FM (Hartford/New Haven).

Crain’s Chicago Business

Ethanol industry uses Gulf disaster to press feds for more support – 07/28/10
From the article: Ethanol companies are stressing the environmental advantages of the fuel as the deep public backlash over the oil spill provides some cover from criticism that they're attempting to benefit from the disaster. "Comparative advertising is always a risk, but clearly now is the time to highlight the benefits of ethanol vs. petroleum," says Tim Calkins, a marketing professor at Northwestern University's Kellogg School of Management. "At this point in time, oil is so much on the ropes, they really can't fight back."

Advertising Age

A Quick Fix for Faulty Surveys – 07/27/10
Associate Professor of Marketing Derek Rucker and Assistant Professor of Marketing David Gal write about how surveys need to account for consumers’ bias.

CNN.com

Crisis management 101: What can BP CEO Hayward's mistakes teach us? – 07/27/10
From the article: Many of the professors will likely be discussing Hayward's most famous public relations blunder -- when he uttered the offhand comment that he wanted his life back. He was standing on the Gulf Coast when he made the statement. It's a region that has suffered the deaths of 11 rig workers and an emotional toll unmatched since Hurricane Katrina obliterated communities five years ago….Daniel Diermeier, a professor at Northwestern University's Kellogg School of Management, acknowledges cleaning up the oil spill is a difficult and complex task. But despite the difficulties, he says, Hayward should have made establishing trust with the public his first priority. "It's not possible to find a quick solution, but you want to establish a trust to give you time to look for a solution," he says.

The Economist Intelligence Unit

Executive Briefing--Sizing up the nightlife: A study of status distinction – 07/27/10
A reprint of the Kellogg Insight article, “Sizing up the nightlife,” which is based on the research of Assistant Professor of Management & Organizations Lauren Rivera.

FOX Business Network (The Willis Report)

Pension Tension – 07/27/10
The broadcast references research on the funding status of state-sponsored pension plans, authored by Associate Professor of Finance Joshua Rauh.

Business News Network (Canada)

Marketing Malarkey – 07/26/10
Clinical Professor of Marketing Tim Calkins discusses advertisements that overstate their benefits. Watch the video (Part 1 and Part 2)

The Atlantic

Americans More Trusting of the Financial Industry – 07/26/10
The article profiles the Financial Trust Index (Wave VII results), co-authored by Professor of Finance Paola Sapienza.

Dallas Morning News

With payday loans, poor get the loans, firms get the payday – 07/25/10
From the article: By contrast, other studies have found that using payday loans makes it more likely that borrowers will file for bankruptcy, close a bank account, delay medical care or become delinquent on a credit card. Brian Melzer, a finance professor at Northwestern University, found in his own study that the more people had access to payday loans, the more they had trouble paying basic costs. "I find no evidence that payday loans alleviate hardship," Melzer said in his study. "On the contrary, I find that loan access leads to increased incidence of difficulty paying mortgage, rent and utilities bills; moving out of one's home due to financial troubles; and delaying needed medical care, dental care and prescription drug purchases."