Newhouse News

Why do we choose instant gratification, even when we know that restraint will make us happier in the long run? This is a consequential question for every member of an organization, from a shirking employee to a CEO who mortgages the future for the sake of a quarterly report. This papersynthesizes recent empirical studies of the “want/should” tension, examining the problem from economic and psychological perspectives and suggesting practical methods of optimizing our decision making.

Greenback likely to stay under pressure in near term but find relief by mid-year, currency experts argue.

Roger Martin, dean of the Rotman School of Management, talks about the potential pitfalls and rewards of trying to “buy” innovation