6% of mental health facilities and 7% of addiction treatment facilities nationwide are owned by private equity firms, found The Wharton School's @MarissaDKing. PE firms are buying mental health clinics to meet rising demand, King shared on Wharton Business Daily. whr.tn/3YX7jxv

Are you a cat person or a dog person? On #NationalDogDay, Wharton Marketing Professor jonah berger explains why giving consumers the chance to express their preferences, for example for cats or dogs, leads people to tip and/or donate more. 🐶 whr.tn/46VFvMc

While celebrity endorsements may seem like a no-brainer for political candidates, The Wharton School's Michael Platt says that celebrities can be too distracting. In this media mention carousel, swipe for... 1️⃣Platt on celebrity endorsements 2️⃣@FaderP on fall products 3️⃣@KWerb on AI

Soft skills, developed through summer jobs, can help high schoolers find an edge in their future careers. Recommendation letters from past employers, especially those given to high performers, also play an important role, found The Wharton School's @JuddKessler. 🎙️ whr.tn/4dEAmdS

Our latest briefs analyze the policy proposals of the Kamala Harris and Donald Trump campaigns for their economic, budgetary, and distributional effects over the next 10 and 30 years. budgetmodel.wharton.upenn.edu/issues/2024/8/… budgetmodel.wharton.upenn.edu/issues/2024/8/…

While the Penn Wharton Penn Wharton Budget Model's analyses of presidential campaign policy proposals have sparked national debate, faculty director Kent Smetters says the federal debt should be of chief concern under either candidate. Watch the full interview: whr.tn/3X8xRJT

Private equity ownership of nursing homes triggers an 11% increase in mortality, a The Wharton School, NYU Stern, Chicago Booth & @KenanFlagler study found. While PE investment increases capacity & efficiency, incentives need to be aligned with customer interests: whr.tn/3Xm1qsI

"Will ETFs drive mutual funds extinct?” The Wharton School PhD Anna Helmke's research paper has drawn investors' and policymakers' attention. Based on her research, she explains that for a long-term portfolio investment, ETFs outperform mutual funds: whr.tn/3XnUMC8

The national debt is a compounding issue not being sufficiently addressed, Penn Wharton Budget Model's Kent Smetters told CBS News to lead this week's The Wharton School faculty in the news roundup. Swipe for... 1️⃣ Smetters on debt 2️⃣ Ben Keys on mortgage lenders 3️⃣ @FaderP on Bonobos' rise & fall

🎙️ Exploring the future of business & AI 🎙️ Tune into the Knowledge at Wharton podcast on Tuesdays this month – starting today – for audio recaps of AI at Wharton's "AI Horizons" webinar series, with experts like Kartik Hosanagar, @GBurtch, Julian De Freitas, @EmmaBWiles & Léonard Boussioux.

What does it take for AI to win our trust? Understanding AI’s process and finding out if AI performed something correctly only modestly affect trust, found Wharton AI & Analytics Initiative's Kartik Hosanagar, MIT Sloan School of Management's @Amaatouq, uda uda's Daehwan Ahn, and Monisha Gulabani: whr.tn/3MzpmSZ.

The disruption of AI looks similar to the rise of smartphones. However, by contrast, generative AI will make a faster impact given its expected autonomy, but with more risks and uncertainty, says The Wharton School's @Snyder4g and @Forrester's Julie Ask: whr.tn/3MBZ56Q.

While text reminders increased COVID vaccinations, offering free round-trip rides did not increase rates much, found The Wharton School & Behavior Change for Good Initiative's @Katy_Milkman & @AngelaDuckW, Ron Berman Neil Lewis, Jr., PhD John A. List @MiteshSPatel @Kevin_volpp, & others whr.tn/3MCmYem

What’s coolest about this research? (1) Reminders to get a COVID booster making no mention of flu shots produced an 8% boost in flu vaccinations. (2) We found new texts that use behavioral science insights and outperform reminders that were previously in wide use. (3) Over 3.6

📝 Continuing our "Research Doodles" series with @MarissaShandell 📝 While tooting your own horn at work is important, including others when sharing your accomplishments is more effective, according to research co-authored by The Wharton School's Maurice Schweitzer: whr.tn/40ksHve

In remote work environments, leaders are being challenged to build collaboration and trust within their teams. Michael Platt and Vera Ludwig adapted the popular “Fast Friends” exercise to help, sharing 8 action steps in this #WhartonExecEd Nano Tool. whr.tn/4ggUjJy

ChatGPT can produce content that is “pretty good,” says The Wharton School's @J1Berger, who analyzed college essays to identify aspects of writing that predicted success. Learn about the writing style he found to be most indicative of future success: whr.tn/4el07jo

Jennifer Andrews of @GuardianLife shares three takeaways from its report on employees with caregiving responsibilities at home. Andrews joined The Wharton School's Stephanie Creary and Purdue Daniels School of Business' Ellen Ernst Kossek to discuss how employers can better support: whr.tn/3MLUCOV

Technology has made investing easier than ever, which can present risks. Olivia S. Mitchell spoke to IMF to lead this week's The Wharton School faculty in the news roundup. 1️⃣ Olivia S. Mitchell on online fraud 2️⃣ Kent Smetters on the federal debt 3️⃣ Cait Lamberton on companies' DEI priorities