Ned Smith, PhD - Kellogg School of Business, Northwestern University
This event is part of the Management Seminar Series series.
Location:Gerri C. LeBow Hall
3220 Market Street
Philadelphia, PA 19104
Ned has three main areas of research. First, he studies the effects of social structure on the behavior and decision-making of individuals and organizations. His research in this area was awarded a Kauffman Foundation Fellowship in 2009. More recently, Ned’s articles on investor decision-making in the hedge fund industry (“Identities as Lenses,” Administrative Science Quarterly), and market responses to new executive appointments (“Better in the Shadows”) were awarded the (2012) Best Published Paper Award by the Academy of Management and the (2016) Best Paper Award by the Academy of Management, respectively. Second, Ned works to connect research on cognitive processes and network theories of social capital to better understand how people utilize (and squander) the resources available to them in their social networks. This research analyzes how people mentally construct their social worlds, i.e., their social networks, according to various psychological and situational factors. Third, Ned researches colletive intelligence and the “wisdom of crowds.” Using empirical data from financial markets and large-scale experiments, Ned and his collaborator, Joshua Becker, are seeking to understand the conditions–for instance, structure and decision-making rules–under which a crowd will outperform the individuals (even expert indivduals) comprising the crowd.