Bloomberg reporter Boyan Ivanchev spotlights research by Prof. Drazen Prelec and Prof. Duncan Simester that finds, “credit card buyers were willing to pay over 100% more for tickets, due to the behavioral pattern that psychologically causes the credit card buyer to perceive the purchase as a type of deferred payment, and therefore, not immediately feel the psychological discomfort, as when letting this amount go when paying cash.”
Prof. Florian Berg speaks with Fortune reporter Paolo Confino about the future of ESG initiatives. “The problem is that companies and also investors are often not really honest about their intentions,” Berg says. “They might actually sell something that’s purely a profit-driven decision and then write it in a report as they’re doing a lot for society even though they’re just engaging in profit maximization.”
Prof. Fiona Murray, associate dean for innovation and inclusion at MIT Sloan, speaks with Bloomberg Law reporter Lauren Castle about her recent study that found female PhD students are 17% less likely to become new inventors compared with their male counterparts. “What we can show is relative to the supply into Ph.D. programs, there’s still just this huge difference in the percentage of women on patents coming out of the labs than there are in the university,” says Murray.
MIT researchers have found that job applicants who used AI to improve spelling and grammar on their resumes were eight percent more likely to be hired, reports Bryan Robinson for Forbes. “If you take two identical workers with the same skills and background, the one with the better-written resume is more likely to get hired,” explains graduate student Emma van Inwegen. “The takeaway is that employers actually care about the writing in the resume; it’s not just a correlation.”
Researchers at MIT and elsewhere developed an artificial intelligence predictive model that can be used to detect which strains of Covid-19 could become dominant and lead to a new wave of illness, reports Ruth Reader, Carmen Paun, Daniel Payne and Eric Schumaker for Politico. The model, “found three strong predictors of a dominant variant: the number of infections a strain causes in its first week relative to the number of times it appears in sequencing, the number of mutations in the spike protein, and the number of weeks since the current dominant variant began circulating,” they note.
Writing for STAT, Prof. Joseph Doyle addresses new research that suggests food “as medicine can improve health and lower health care costs.” “Researchers, clinicians and policymakers all share a common goal to fight food insecurity and improve population health,” writes Doyle. “Randomized clinical trials are key tools for discerning what works best, for whom and why, information that we should all be hungry for.”
Sloan Senior Lecturer Robert (Bob) Pozen speaks with U.S. News & World Report reporter Geoff Williams about ways to create a healthy work-life balance. “Ironically, all of this technology has led, some people in some organizations, to think they have to be 'on' all the time and go from one meeting to another because it’s so easy to schedule it,” says Pozen. “You have to have ground rules.”
Writing for Fast Company, Lecturer Guadalupe Hayes-Mota '08, SM '16, MBA '16 shares three strategies that are reshaping access to healthcare and medicine, especially in low-and middle-income countries (LMICs). “Integrating local production enhancement, strategic partnership and pooled purchasing power represents a new dawn in global health care,” writes Hayes-Mota. “These innovative approaches are pivotal in making quality medicine and healthcare accessible to all, particularly LMICs.”
Lecturer Guadalupe Hayes-Mota '08, SM '16, MBA '16 writes for the National Academy of Engineering to discuss the importance of a “well-functioning healthcare supply chain.” “A connected supply chain represents a paradigm shift, offering the potential to revolutionize how drugs are developed, produced, and delivered to patients,” writes Hayes-Mota. “Embracing this approach can enhance drug delivery efficiency, ensure patient satisfaction, and ultimately contribute to a healthier and more prosperous global community.”
Prof. Zeynep Ton speaks with Marketplace host Meghan McCarty Carino about the impact of automation, such as self-service kiosks or chatbot customer service agents, on retail shopping. When thinking about self checkout stations and chatbots, Ton recommends companies evaluate whether the technologies can “improve value for the customer? And would this improve productivity for employees and make their jobs better so that they can serve the customers much better too.”
Axios reporter Ina Fried spotlights a new report by Prof. Emeritus Stuart Madnick that finds “2.6 billion personal records have been exposed in data breaches over the past two years and that number continues to grow.” Additionally, Madnick found that” “Data breaches in the US through the first nine months of the year are already 20% higher than for all of 2022.”
Prof. Tavneet Suri speaks with NPR reporter Nurith Aizenman about her ongoing research studying the impact of universal basic income with GiveDirectly, a U.S. charity that provides villagers in Kenya with a universal basic income. Suri says her results thus far, “add to the evidence that many poor people are trapped in poverty by a lack of capital for precisely the kinds of transformative investments they would need to vault them into higher incomes.”
Prof. Tavneet Suri speaks with NPR hosts Ari Shapiro and Nurith Aizenman about her research with GiveDirectly a U.S. based charity that provides villages in Kenya with universal basic income. Suri’s work studies how the method of income delivery payments – monthly income or single lump sum payments – can impact communities. “We need to see if these effects last,” says Suri. “Does it just disappear, or was this enough to keep them going forever?”
Alexander Bratianu-Badea SM '15 co-founded De-Ice, a startup creating a new and efficient way to thaw aircrafts, reports Kate Duffy for Bloomberg. Bratianu-Badea says, “De-Ice’s strips stick onto the plane with aerospace-grade, acrylic-based adhesive backing. During regulatory tests, the system was exposed to different temperatures, humidifies and chemicals. Even UV light and submersion in a heated oil bath couldn’t damage it.”