Newsletter 198: Jan 22, 2018

The Center for Decision Sciences at Columbia Business School
Welcome to the Center for Decision Sciences' Weekly Newsletter. Below you can find a list of events of interest.

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Seminars of Interest at Columbia

Tuesday January 23rd

12:30pm to 1:45pm - Uris 307
Macroeconomics Lunch Group - Takatoshi Ito
Title Not Available

12:30pm to 2:00pm - Uris 332
Management Seminar -- Roberto Fernandez (MIT Sloan School of Management)
Network Recruitment and the Glass Ceiling: Empirical Evidence from Two Firms

Wednesday January 24th

4:10pm to 5:30pm - Schermerhorn 614
Psychology Department Colloquium - Colin Leach (Barnard College)
Title Not Available

Thursday January 25th

12:30pm to 2:00pm - Uris 326
Marketing Seminar -- Rom Schrift (Wharton)
Title Not Available

2:15pm to 3:45pm - Uris 303
Finance Seminar - Philip Bond
Title Not Available

Seminars of Interest at NYU

Tuesday January 23rd

12:30pm to 2:00pm - NYU Psychology Room 551 
Social Psychology Brown Bag - Molly Crockett 
Moral decisions and moral inference

Thursday January 25th

12:30pm to 1:30pm - NYU Psychology Room 551
Cognition & Perception Colloquia - Kiani Roozbeh (Center for Neural Science)
Title Not Available

Article of the Week
The mystery of the missing airfare
Professor Eric Johnson of the Center for Decision Sciences at Columbia Business School was quoted in a recent Washington Post article about "surprise" airfare increases made during the booking process. When customers go through an online booking process, the price they initially see may not be the price shown to them during confirmation of the transaction, which commonly leads to frustration and suspicion toward the airlines. Professor Johnson points to his research on customer reactions to hidden fees to argue that, over time, this practice could drive customers away. This idea is predicated on the fact that customers faced with sudden price increases will react both to the "pain" of the original price as well as the "pain" of the price increase.  

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