Research seminars

Professor Grischa Perino, Professor of Environmental Economics, University of Hamburg

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Paul Scott, Assistant Professor of Economics, NYU Stern School of Business

We develop a model of competition in prices and infrastructural investment among mobile network providers. Market shares and service quality (download speed) are simultaneously determined, for demand affects the network load just as delivered quality affects consumer demand. While consolidation typically has adverse impacts on consumer surplus, economies of scale, which we derive from physical principles, push in the other direction. We find that consumer surplus is maximised at a relatively high number of firms, and that the optimal number of firms is higher for lower-income consumers. Total surplus, meanwhile, is maximised at a moderate number of firms. Our modelling framework allows us to quantify the marginal social value of allocating more spectrum to mobile telecommunications, finding it is roughly five times an individual firm’s willingness to pay for a marginal unit of spectrum.

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Chris Bauman, Associate Professor, UCI Paul Merage School of Business

Emotion regulation is arguably as common as emotion experiences. Emotion regulation can involve a variety of cognitive processes, but prior research focuses on the consequences of emotion experiences. We examine the cognitive processes that underpin emotion regulation strategies and their associations with creativity. Building on theories of emotion regulation and creative cognition, we theorise that cognitive reappraisal of emotion-eliciting events is positively associated with creativity because both involve considering new approaches or perspectives. We also predict that reappraisal experience boosts creativity for people prone to thinking conventionally. Three studies support our theory by demonstrating that reappraisal improves cognitive flexibility and enhances creativity for individuals low in openness to experience, independent from the effects of emotions on creativity. Therefore, reappraisal is an effective tool to foster creativity among conventional thinkers. More broadly, the results indicate that emotion regulation processes have downstream consequences on behavior, above and beyond their effects on emotions.

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Dr Dallas Burtraw, Senior Fellow, Resources for the Future

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Dr Anupama Sen, Senior Research Fellow, Oxford Institute for Energy Studies

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Dr Lucia Reisch, Professor of Behavioural Economics and Policy, University of Cambridge

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Professor Stefan Reichelstein, Professor of Business Administration, University of Mannheim

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Professor Nicolai Foss, Copenhagen Business School

Research increasingly focuses on how organisations may develop the resilience that allows them to adapt to major adverse and unforeseen events and highlights how different resources and capabilities, organisational designs, and cultures may support such adaptation. However, the microfoundations of organisational adaptation have received less attention. We argue that organisational resilience requires the mobilisation of a kind of collective motivation among organisational members that motivates them towards effective and sustained adaptation. A necessary condition for the emergence of such motivation is that members are in a normative mindset that is oriented towards collective goals; if they are not, other mindsets that are oriented towards individual-level goals will dominate. To overcome this social dilemma, organisations need to install rules that make the normative mindset salient. However, the normative mindset may also lead to a rigid adherence to rules that may not be functional in adaptation. Therefore, organisations also need to formulate rules so that rigid rule-following is avoided and adaptive actions flexibly oriented towards collective goals are promoted.

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