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Research Roundup: The Financial ‘Arms Race,’‘Nudging’ Employees and Making an Easy Choice Harder

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How do financial firms' efforts to stockpile expertise affect trading conditions -- particularly when the market becomes more volatile? Can a simple prompt to make a plan of action help people overcome forgetfulness that might be impeding their best intentions? Are people passing up once-in-a-lifetime opportunities out of a need to complicate what should be an easy decision? Wharton professors Vincent Glode, Katherine Milkman and Rom Schrift, respectively, examined these issues -- and what they mean for business -- in recent research papers.

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