Chicago Booth Review Podcast

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How Universal is the Marshmallow Test? Mar 25, 2026

Show notes

The Marshmallow Test famously gauges children's ability to wait for a bigger reward. A body of research suggests that the happier we are, the more likely we are to be patient. But many of those studies were undertaken in the US and Europe. So how universal is that conclusion? Chicago Booth's Oleg Urminsky, whose research examines the connection between emotions and economic decisions around the world.

How hard should you push to make change? Mar 18, 2026

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Have you ever pushed so hard to make a change in your organization that you ended up damaging your own ability to make that very change? Chicago Booth's Lisa Stefanac tells us how to think about effecting change. How hard should you push, and when can you know if you've gone too far?

How to Get Into Private Equity Mar 11, 2026

Show notes

You can earn a fortune in private equity. But how do you get started in the PE world? Chicago Booth's Scott Meadow explains how to plan for a lucrative career as a PE professional.

Can emotions be good for business? Mar 04, 2026

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Most of us have been trained to keep our emotions out of the workplace. We think emotions can cloud decision-making, lead to irrational behavior, and make others uncomfortable. But can getting in touch with your emotions actually make you a better leader? Chicago Booth's Chris Collins tells us how treating your emotions as data can help you to manage people and situations better.

Who sets supermarket prices? Feb 25, 2026

Show notes

Parent companies of supermarket chains often delegate the authority to set prices down to the local level. Is that a good idea, and what does it mean for shoppers? Chicago Booth's Pradeep Chintagunta about his research on organizational structure and retail prices.

Do consumers care about corporate social responsibility? Feb 18, 2026

Show notes

Do consumers care about corporate social responsibility? And what kind of CSR do consumers think companies should be doing? Chicago Booth's Abigail Sussman talks about her research on corporate social responsibility. What kinds of actions can companies take to make consumers more willing to spend money with them?

What a missing cat tells us about high-stakes situations Feb 11, 2026

Show notes

When things get challenging at work, how you change your behavior? Does the stress show, or do you remain cool, focused and productive? Chicago Booth's Lisa Stefanac tells us how to handle high-stakes situations.

Should AI disagree with you? Feb 04, 2026

Show notes

When you search the internet or use AI, do you want it to agree with you, or are you open to having your mind changed? Chicago Booth's Oleg Urminsky tells us about his research, which suggests that we often search in a narrow way that ends up giving us results that confirm our views. Should search engines instead aim to open us up to opposing opinions?

Are we too obsessed with numerical data? Jan 28, 2026

Show notes

Is our increasing obsession with numerical data a bad thing? Chicago Booth's Erika Kirgios and her coauthors came up with the term "quantification fixation" to describe how we tend to overweight numbers compared to qualitative evidence. What are the risks to that tendency? And how can you use quantification fixation to your advantage?

Can technology make us smarter? Jan 21, 2026

Show notes

Doom-scrolling, social media cat videos and Youtube rabbit holes – you might well think that technology is more mind-numbing than mind-boosting. But could tech actually make us smarter? Chicago Booth's Pradeep Chintagunta tells us about his research on the effect of technology on small business owners. Could using apps help us to think in new ways and make better decisions?

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