Jeremy Siegel on the Fed's Latest Cut, $4 Gasoline and the Best Strategy for Investors
The economy seems to be sinking toward recession, with new home sales at their lowest since the early 1990s. At the same time, inflation is picking up. Some Americans are paying $4 for a gallon of gas and coming home from the supermarket with sticker shock. Today, the Fed deemed recession the bigger worry and cut short-term interest rates by a quarter of a percentage point, from 2.25% to 2%. Was this the right choice? How will it affect the financial markets? Should investors bet on a stock mark
Cisco-K@W on Enterprise Security Threats and Trends: Part 2
Cisco Chief Security Officer John N. Stewart and Wharton's Andrea Matwyshyn discuss the enterprise security impact of emerging Web 2.0 technologies and collaboration tools. This is the second of a two part series on Enterprise Security.
BCG-K@W Procurement Report: Part 8: Peformance-based Logistics
These days, when the U.S. Department of Defense buys a fighter jet from Lockheed Martin, it doesn't simply pay Lockheed for the physical product. Instead, the government has a "performance-based contract" with the defense supplier, according to Serguei Netessine, professor of operations and information management at Wharton. This contract says, in effect, that the government's reimbursement to Lockheed hinges on the jets' performance -- that is, how often the planes are able to fly. In this inte
AIG Rescued but Crisis Continues
After refusing to bail out Lehman Brothers, the government agreed to an $85 billion loan to insurance giant AIG, effectively taking over the company. Knowledge@Wharton talked to Wharton insurance professors Olivia Mitchell and Kent Smetters to find out how the world's largest insurer got into this situation and how it can be prevented from happening again.
BCG's Hal Sirkin on 'Globality' and the New Two-way Street of Global Business
According to Hal Sirkin, senior partner and managing director at The Boston Consulting Group, The age of globalization is over. In its place is a new reality that Sirkin and BCG colleagues Jim Hemerling and Arindam Bhattacharya define in their recently published book, GLOBALITY: Competing with Everyone from Everywhere for Everything. In an interview with Knowledge@Wharton, Sirkin describes how rapidly developing economies like India and China have changed global business from a one-way street be
Economists to Obama: Get the Government out of the Banking Business
On the eve of Barack Obama's inauguration as president of the United States, Wharton finance professor Richard J. Herring discussed with Knowledge@Wharton some of the advice offered to the new chief executive by the Shadow Financial Regulatory Committee, a group of economists, former regulators and lawyers, of which Herring is a co-chair. Among the recommendations: As quickly as possible, unwind federal investments that helped keep U.S. banks afloat. Herring also assessed the deepening woes at C
The Road to China: Fresh Insights into the World's Fastest-growing Economy
Earlier this year, Harbir Singh, Wharton’s vice-dean for Global Initiatives, launched a series of trips to foreign countries as a way for faculty to gain a deeper understanding of international economies and then use this knowledge in their teaching and research. Six professors recently visited the Chinese cities of Beijing, Shanghai and Shenzhen, and met with executives from Lenovo, Haier and Huawei, among other companies. Knowledge@Wharton asked three of the participants – Singh, m
'Badge' Value: Finding and Promoting Products That Inspire Customer Loyalty
Alex Panos and his colleagues at TSG Consumer Partners, a San Francisco-based investment fund, believe that consumers will always be interested in products that enhance their lives, even if it means paying more than they have in the past. That philosophy has brought impressive results for TSG primarily in the beauty, food and beverage areas. Panos, who joined the 23-year-old firm in 1998, spoke with Knowledge@Wharton about the company's strategy, why it favors family-owned businesses, where to f
Brazil's Gold: How Rio Won Its Olympic Bid
Last fall, after losing previous bids, Rio de Janeiro -- Brazil's second-largest city -- won the approval of the International Olympic Committee to host the 2016 Summer Olympic Games. According to Carlos Roberto Osorio, secretary general of the Brazilian Olympic Committee, this time around, Rio had learned from its earlier failed bids and had the success of hosting the 2007 Pan American Games under its belt. That, combined with Brazil's "special circumstances" of economic stability amid the glob
What Does the Drooping Book Business Need? How About a Jolt of Espresso?
What if you could print a perfect-bound volume for as little time as it takes to brew a cup of coffee? That is the premise behind the Espresso book machine, which turns digital PDF files into paperbacks in minutes. Jason Epstein and Dane Neller, chairman and CEO respectively of On Demand Books in New York, the company behind the Espresso book machine, believe their technology has the potential to transform book publishing. Epstein, who was editorial director of Random House for 40 years, recentl
27 Oct 2010: Arab Voices: What They are Saying to Us, and Why It Matters
James Zogby, Ph.D., is the founder and president of the Arab American Institute and a senior adviser with the polling firm Zogby International. He writes a weekly column appearing in 20 Arab newspapers and hosts a weekly call-in discussion program on Abu Dhabi television. Zogbys book Arab Voices: What They are Saying to Us, and Why It Matters reveals the results of the 2009-2010 Zogby International polls conducted across a number of Arab countries covering Arab opinions about America and the Mid
Autistic savant Stephen Wiltshire draws Rome from memory Stephen Wiltshire from London, also known as 'the living camera', accurately draws a large, detailed panorama of Rome after only one 45 minute helicopter ride above the city.
Stephen Wiltshire from London, also known as 'the living camera', accurately draws a large, detailed panorama of Rome after only one 45 minute helicopter ride above the city.
Magnesium and Carbon Dioxide Reaction Watch the reaction between magnesium and carbon dioxide as it is placed between two blocks of dry ice.
Watch the reaction between magnesium and carbon dioxide as it is placed between two blocks of dry ice.
Students' performance and satisfaction with Web vs. paper-based practice quizzes and lecture notes
The use of computers to deliver course-related materials is rapidly expanding in most universities. Yet the effects of computer vs. printed delivery modes on students' performance and motivation are not yet fully known. We compared the impacts of Web vs. paper to deliver practice quizzes that require information search in lecture notes. Hundred and twenty two undergraduate students used either a web site or printed documents to answer 18 mathematics questions during a tutored session. A revised
MODELING CONCEPT DESIGN OF
The transformation of the innovation processes is a fact and new forms of cooperation and partnership among companies and research community emerge. The paper presents a model of concept design of Innovation platform, based on the 4 networked innovation models. Knowledge management is a common approach, providing opportunity for better knowledge exploitation in innovation life-cycle and considering new types of cooperation among innovation seekers and innovation providers. The Innovation platfor
Scoping a vision for formative e-assessment:
a project report for JISC
Assessment is an integral part of teaching and learning. If the relationship between teaching and learning were causal, i.e. if students always mastered the intended learning outcomes of a particular sequence of instruction, assessment would be superfluous. Experience and research suggest this is not the case: what is learnt can often be quite different from what is taught. Formative assessment is motivated by a concern with the elicitation of relevant information about student understanding and
Web Based Catalogue of Online Experiments
A knowledge base of online experiments was built. It is a kind of catalogue describing online experiments used for educational purposes. Metadata for describing this special kind of learning resources and analysis of experiments available in the catalogue (both virtual and remote) are presented in this paper. Examples of online lab experiments and exercises are developed by different European universities are also described.,Research report of the ProLearn Network of Excellence (IST 507310), Del
Specification of Requirements and Success Factors for Corporate e-Learning User Interface Requiremen
We started by mapping the state of the art in personalized adaptive learning and requirements of professional learning in D1.4/D1.6. Five key user roles have been identified and for each role scenarios and use cases have been introduced. These use cases form the basis for derivation of requirements. Realization of corporate training by e-learning means can save costs, streamline business processes, as well as bring new approaches to learning and training. The new training methods can help the en