Power of Voice
The power of voice is something we seldom think about. Yet voice is ubiquitous and can be extremely effective, as podcast listeners know very well. What makes speech unique, compared with images? What chords does it strike? And how can we harness the power of voice? Kurt Munz, assistant professor of marketing at Bocconi, unfolds for us the meaning of "auditory information processing" starting from his own experience as an officer in the US Navy.
The extent of climate change if not its very existence is a hotly contested topic. Scientists though have little doubt that this is happening now, and that action is urgently required. Economists are definitely doing their part, since a changing climate is bound to have a huge impact on world economy. But the effort towards limiting the damage is also a cost, which governments are reluctant to bear as the benefit is so hard to measure. Hear podcast host David Wayne Callahan as he talks to Valentina Bosetti, professor of environmental and climate change economics at Bocconi, about the challenges we face and will be facing if too little is done.
We all know that the so-called "glass ceiling" is still very real. Some progress notwithstanding, women are still generally underrepresented and underpaid. Paola Profeta, who leads the AXA Research Lab on Gender Equality at Bocconi, talks about what empirical evidence there is about policies that may help reduce the gender gap. The Covid crisis also shed light on the priorities set by women leaders and preliminary results seem to confirm that women at the top were indeed more successful than men at handling the pandemic. Finally, we should not overlook the fact that diversity has many dimensions, and equality must be sought on all of them.
Resilience, usually defined as the ability to bounce back to the previous state after a shock, can be more accurately described as a process by which an organization weathers a stressful event not just by returning to its original form but improving itself in a sort of dynamic adaptation close to the evolution of natural species. But what are the mental processes that enable this approach? Can we identify a "resilient mindset"? With Carlo Salvato, Professor of Business Strategy at Bocconi.
Globalization seemed poised to rule the world. Instead, it is now under attack by various protectionist and populist forces. We are therefore bound to accept that it was not unavoidable and it is not irreversible, as it is a political choice as opposed to a necessary historical process. Were people promised something that could not be delivered? Is the anger justified? Gianmarco Ottaviano, who holds the Achille and Giulia Boroli chair of European Studies at Bocconi, also addresses the effects of the pandemic and Brexit on globalization and the longstanding issue of whether automation kills jobs.
Why is corruption so captivating? How does money effectively end up in offshore tax havens? As we have learned from the infamous Panama Papers, there are several building blocks: the individuals or firms who benefit, the so-called "enablers", the offshore vehicles (private companies created in tax havens), and of course the money itself. Besides, what developments can we expect in the future? Do we have to be more or less worried? Hannes Wagner, associate professor of Finance at Bocconi, has been focussing on the shadier aspects of international finance and tells us a few interesting stories.
Companies are increasingly keen on disclosing information about the responsible use of resources they make and in general about the sustainability of their operations. This is by no means just a marketing stunt, as stakeholders often take decisions based on this kind of information. For this reason, even non-financial data must be credible and transparent. Ariela Caglio, Associate Professor of Management Accounting at Bocconi, tells us how accounting is so much more than bookkeeping.
AI Beyond SciFi
Artificial intelligence has been the stuff of science fiction for a long time. But what does “Artificial Intelligence” actually mean in today’s world? Do we really face a future in which machines may turn on us? With Riccardo Zecchina, Vodafone Chair in Machine Learning and Data Science at Bocconi.
How did Brexit happen? Why have negotiations with the European Union been so bumpy? And, more importantly, can either party claim to have had the upper hand? Eleanor Spaventa, professor of European Union law at Bocconi, lines up the facts and provides a rare balanced view on such a hotly contested topic.
Entrepreneurs who behave like scientists achieve better results. Success in business is all about having the right intuition and making good predictions, and you get the best predictions if you adopt a scientific approach.
Media and Development
People do not like to be told what to do, so how do you bring about social change in developing countries? Media and edutainment could be the solution, according to recent, rigorous research. A scientific approach to fighting poverty can yield impressive results, both as a way of efficiently allocating scarce resources and as a tool for determining what policies are most effective.
Our life is increasingly influenced by algorithms, which decide not just what comes on top of every Google search but also many other things you don't even know. An algorithm is neither good nor bad in itself, but telling a machine how to perform certain functions is riddled with pitfalls which can result in very undesirable consequences.
Populism has been challenging the established political order in many ways. Yet the pandemic has exposed some of the inconsistencies of populist leaders, prompting some analysts to predict the imminent demise of this trend in its current form. But things aren't quite so simple.
This podcast explores the subtle (and unintended) ways in which human psychology has influenced a seemingly hyper-rational field: financial markets. More intriguing questions: what are stereotypes made of? And why was the 2008 crisis a "crisis of beliefs"?
Thomas Le Barbanchon, Associate Professor at Bocconi University's Department of Economics, has focussed his research on a little-known aspect of gender pay gap. Commuting time may explain part of this gap, as women are less willing to commute. This is because the hidden cost of commuting is higher on average for a woman than for a man, by a quantifiable amount. And since women look for jobs closer to home, they are bound to miss some opportunities compared with men. This damages women, but also firms who have a narrower selection base for the jobs they offer.
Life after #metoo
It has been five years since the #metoo movement has become viral. In these years, the #metoo has been urging society to confront issues of sexual harassment in the workplace, a type of sex-based and gender-based harassment, which goes from verbal remarks to physical and sexual assault. Silvia Cinque, Lecturer in Organization and HRM and Deputy Dean for Diversity and Inclusion at SDA Bocconi School of Management, Milan, tells host Catherine De Vries about the transformations occurring in the workplace in the era of the #meToo movement.
Politics and Gender
Gender pay gap can spoil elections. Where the gender pay gap is large, voters are biased against women and parties have fewer female candidates, Julien Sauvagnat explains in the eighth episode of the THINK DIVERSE podcast series.
The Demographic Enigma
All over Europe, the average number of children desired by a couple is around two, but the realized fertility is usually lower and, in the case of Southern countries, much lower â€“ which led demographers to coin the term “lowest low fertility rate” when it plunges under 1.3 children per woman. In the seventh episode of the THINK DIVERSE podcast series, Letizia Mencarini, Full Professor of Demography at Bocconi Department of Social and Political Sciences, describes Europe as a continent all but homogeneous in terms of fertility, but less so after the pandemic. COVID seems to have made things worse only in countries characterized by lack of family-friendly policies and lack of trust in their future implementation.
We are wary of Artificial Intelligences for all the wrong reasons. The chance of one of them taking control of the world, as in a Hollywood movie, is thin, but they can still hurt large chunks of the humankind (e.g. women) or minorities (according to ethnicity, sexual preferences and so on) through the so-called algorithmic bias. In the sixth episode of THINK DIVERSE, Luca Trevisan, Professor of Computer Science at Bocconi University, Milan, clarifies how Machine Learning (a type of Artificial Intelligence) can perpetuate societal bias or prove so ineffective in dealing with minorities to practically discriminate against them.
Simone Cremaschi, a Post-Doc Research fellow at Bocconi, has spent time in a shantytown inhabited by West African farmworkers in Apulia, Southern Italy, during the harvest season. In the fifth episode of the THINK DIVERSE podcast series, he sheds light on this largely invisible and often misunderstood reality.
Firms often require a temporal flexibility which is different from the one that employees (and women in particular) are willing to offer. This has profound implications on women's career prospects. Luisa Gagliardi, assistant professor at the Department of Management and Technology of Bocconi University, has researched the “dark side” of flexibility and tells host Catherine De Vries what she has discovered.
Sickness in the Family
Touched by a very personal experience, Nicoletta Balbo, Assistant Professor at Bocconi’s Department of Social and Political Sciences, started to look at the social impact of disease and disability. She soon discovered that there is very little research on how families are influenced by the presence of one or more member with disabilities. Nicoletta, in this talk with host Catherine De Vries, makes a gripping list of how disabilities can affect not just the individuals but their families as well. Lost opportunities, psychological strain, marital tensions are just the tip of an iceberg.
Women and COVID
Paola Profeta, Full Professor of Public Economics and Director of Bocconi’s AXA Research Lab on Gender Equality, tells host Catherine De Vries how women have been on the frontline in the fight on COVID, because of their overrepresentation in hospital and care jobs, but have also suffered more in terms of job losses and restrictive measures that have put a strain on family relations.
Effective government support can reduce poverty rates even in the thick of a pandemic, when unemployment rates reach a record high. In the first episode of the Think Diverse podcast series, Zachary Parolin tells the story of how poverty rates in the US dropped to a record low in 2020, lifting three million Americans above the poverty line.
Francesco Decarolis - Competition in Digital Markets
FRANCESCO DECAROLIS - Bocconi
Alberto Alesina Seminar Room 5.e4.sr04, floor 5, Via Roentgen 1
Unsplittable Flow on a PathJoint work with Tobias Mömke and Andreas Wiese
FABRIZIO GRANDONI - Istituto Dalle Molle di Studi sull'Intelligenza Artificiale
Alessio Porretta: Mean Field Games Models of Knowledge-based Growth
ALESSIO PORRETTA - University of Rome Tor Vergata
Room 3-E4-SR03 (Rontgen)
John Chalmers, Lundquist College of Business: Asset Pricing and Ordinary Consumption
JOHN CHALMERS - Abbott Keller Professor of Finance Lundquist College of Business, University of Oregon
Seminar Room 2-e4-sr03 - Via Roentgen, 1