How Much Will Consumers Sacrifice for a Moral Stand?
Research examines people’s willingness to cut ties with companies whose actions they deem immoral or unethical.
How Much Will Consumers Sacrifice for a Moral Stand?Though Republican presidential candidates often campaign on pro-business policies, historically the stock market has performed significantly worse when there’s been a Republican in the White House. Chicago Booth’s Lubos Pastor and Pietro Veronesi find that the reason has to do with timing, economic cycles, and voters’ tolerance for risk.
CORRECTION: An earlier version of this video indicated the annualized return for the S&P 500 during Barack Obama's administration was 16.4%, while during Ronald Reagan's administration it was 4.23%. Those figures are inaccurate. The video has been updated to reflect average market returns in excess of the three-month treasury bill rate, which were 14.35% under Obama and 4.23% under Reagan. Chicago Booth Review apologizes for the error. The original video can be viewed here: https://www.youtube.com/watch?v=rtST6ASCILU.
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Research examines people’s willingness to cut ties with companies whose actions they deem immoral or unethical.
How Much Will Consumers Sacrifice for a Moral Stand?Revisiting a conversation between Eugene F. Fama and Richard H. Thaler on the efficiency of financial markets.
Is the Price Right? Two Nobel Laureates Debate How Markets WorkArtificial intelligence is proving adept at technical investing.
How Self-Driving-Car Technology Can Help Machines Trade StocksYour Privacy
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