芝加哥大学布斯商学院

Discomfort with the technology’s long-term effects is overshadowed by fears of falling behind.For parents who expect their children to grow up, live, and work in a world saturated by artificial intelligence, helping their kids become fluent with the technology may feel imperative. And yet, many of these same parents may have reservations about exposing their children to AI. Among other concerns, some research has found that unrestricted AI use am

How intergroup rivalry turns deception into a virtue.The football coach Bill Belichick, one of only three head coaches to have won six titles or more in the National Football League, ran into trouble in 2007 when he was caught cheating. In the infamous Spygate scandal, a video assistant for his New England Patriots was caught filming the New York Jets’ defensive signals—a violation of NFL rules. Belichick claimed in an emergency meeting that he s

Adam Smith’s “invisible hand” describes how resources in an economy are allocated to their best uses without anyone’s guidance, through prices and incentives. Inside companies, however, allocation is more directed: research by Chicago Booth’s Virginia Minni finds that good managers match workers to roles where they are most productive.Using ten years of personnel data from a multinational company, covering 200,000 white-collar employees

small group of big companies tend to play an outsize role in the US economy. Where do such companies come from, and how do they become so influential? Seeking to answer these questions, a team of researchers that includes Chicago Booth’s Yueran Ma focused on three lists—from 1917, 1955, and 2018—that ranked the top companies. The researchers collected further information about the ranked companies from corporate websites, regulatory fil

Our understanding of how artificial intelligence ‘reasons’ is startlingly limited. Researchers are starting to fix that.Demis Hassabis is not a chemist, yet he was one of three recipients of the 2024 Nobel Prize in Chemistry. The prize recognized major contributions to the study of protein structures. Hassabis, a computer scientist who runs Google’s AI research lab DeepMind, and his fellow honoree John Jumper, who also works at DeepMind, develope

A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a vulnerable state. It needs fundamental reforms to survive and prosper. Crisis Cycle: Challenges, Evolution, and Future of the Euro, my book with London School of Economics’ Luis Garicano and Klaus Masuch, formerly of the European Central Bank, tells this story and recommends reforms.

Us president Donald Trump has, on numerous occasions, considered out loud replacing current Federal Reserve chair Jerome Powell. His main criticism of Powell has been centered on interest rates. But the choice of new Fed chair should consider a much wider array of issues.

When moving from one job to another, getting a salary bump is a key motivator. Yet salary alone tells only part of the story when it comes to job satisfaction. A highly stressful position, for example—or a crushingly mundane one—might be miserable no matter how high the pay.Research from Chicago Booth’s Anders Humlum, University of Copenhagen’s Mette Rasmussen, and University of Chicago’s Evan K. Rose examines how workers weig

Companies should consider incorporating environmental factors into pricing strategies, research demonstrates.A consumer in a drugstore reaches for a bottle of shampoo, and then looks at the price tag before putting it back on the shelf. A host of factors might affect their price sensitivity in that moment. Maybe they’re worried about losing their job. Maybe they think a cheaper shampoo would be just as good.Or maybe the sun sets late that day. As

Technology is typically thought of as driving humans apart. But could it be used to promote a sense of empathy for others? Chicago Booth’s Alex Imas tells us about an experiment he ran using an immersive virtual-reality installation. Virtual reality, Imas reckons, could be used to help us relate to other people in real life.Audio TranscriptAlex Imas: There's good data suggesting that there's some sense that technology does

How do you start a business without raising capital? Can AI help us understand our judgements of specific facial features? Do sales and marketing generate more value than previously thought?On April 25, 2025, more than 700 Chicago Booth community members gathered at the Radisson Blu Aqua Hotel and Gleacher Center in Chicago to hear answers to these questions and more. Esteemed Booth faculty and notable alumni came together to share research, prov