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Is Behavioral Economics Used in Business?

Steve Shu Consulting

” Broad conscious, concerted efforts to apply behavioral economics probably did not begin until sometime after 2008 with the release of Thaler and Sunstein’s book, Nudge. Back in 2010, I was part of a team that started one of the early behavioral finance centers with one of the investment manufacturing firms in the United States.

Mercer 186
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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

In the wake of the 2008 financial crisis, many investors lost confidence in the integrity of the global financial system. Several banks have partnered with blockchain companies to develop their own blockchain networks or integrate blockchain solutions into their existing systems.

Banking 88
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Data Liberation: Impact of CFPB 1033 on the Finance Industry

Tom Spencer

The Dodd-Frank Act: An Overview The Dodd-Frank Act was enacted in 2010 in response to the financial crisis of 2008. This involves developing APIs (Application Programming Interfaces) that enable secure and seamless data sharing. Here are some ways it impacts key stakeholders. Zuhair Imaduddin is a Senior Product Manager at Wells Fargo.

Data 88
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How Companies Are Already Using AI

Harvard Business

Even the near-term outlook has been quite negative: A 2016 report by the Organization for Economic Cooperation and Development (OECD) said 9% of jobs in the 21 countries that make up its membership could be automated. Four years ago, an Oxford University study predicted 47% of jobs could be automated by 2033. AI wasn’t new at Microsoft.

Company 185
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How the Financial World Adapts to Climate Change

Tom Spencer

Knowing the ins and outs of upcoming trends in finance is indispensable for any aspiring consultant. A prime example for such a question is how finance is adapting to the issue of climate change, and might assist its mitigation. Green Finance. Resilience Bonds. Final thoughts.

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Why consulting?

Management Consulted

When I started out in the program, I quickly realized I was never cut out for finance or accounting. As my finance study partner once told me, rising water rises with everything else – and that is why I want to get into ‘Consulting’.” Consulting career is a career that brings continuous development. We love it!

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If America’s Economy Is Winner-Take-All, Why Are Some Smaller Businesses Thriving?

Harvard Business

A new paper by economists Jan De Loecker and Jan Eeckhout argues that the problem isn’t confined to finance, or even large international corporations. Economists refer to this market pattern as monopolistic competition , and it provides the variety of products and services that consumers in wealthy, developed economies desire.

Retail 142