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Sun, Bo

Adverse Selection in Businesses

Sun, Bo

GEM-0248 | Published June 23, 2025 | 3 Pages Technical Note

Collection: Darden School of Business

Adverse selection is a concept in economics and finance that arises from information asymmetry between parties involved in a transaction. It occurs when one party has more or better information than t... Read More

Interpreting Fed Communications in Uncertain Times

Sun, Bo

GEM-0241 | Published June 18, 2025 | 10 Pages Case

Collection: Darden School of Business

This case explores how financial markets interpret Federal Reserve (Fed) communications (sometimes called Fedspeak) through the lens of Victoria Miranda, head of macro strategy at GlobalInvest Capital... Read More

Moral Hazard and Incentive Design

Sun, Bo

GEM-0240 | Published June 12, 2025 | 8 Pages Technical Note

Collection: Darden School of Business

This technical note establishes the concept of moral hazard and explores how to manage moral hazard in business contexts. Moral hazard—the misalignment of incentives that occurs when decision-makers d... Read More

Managing Economic Uncertainty

Sun, Bo

GEM-0244 | Published June 10, 2025 | 17 Pages Technical Note

Collection: Darden School of Business

This technical note examines strategic decision-making frameworks for managing economic uncertainty in business and policymaking contexts. The note presents two primary approaches: the "Wait and See" ... Read More

From Lab to Market: Navigating Uncertainty

Sun, Bo

GEM-0235 | Published March 26, 2025 | 6 pages Case

Collection: Darden School of Business

This case explores how different players in the biotech-pharmaceutical ecosystem manage uncertainty through distinct approaches determined by their resources, capabilities, and strategic positioning. ... Read More

Zoom's Moment of Truth: Scaling Under Radical Uncertainty

Sun, Bo

GEM-0236 | Published March 25, 2025 | 6 pages Case

Collection: Darden School of Business

It is March 2020, and Zoom Video Communications, Inc. (Zoom), is experiencing a staggering increase in users of its software due to the onset of the COVID-19 pandemic. This case begins as Eric Yuan, f... Read More

Building Trust at Scale: Airbnb’s Fight Against Adverse Selection

Sun, Bo

GEM-0237 | Published March 25, 2025 | 5 pages Case

Collection: Darden School of Business

This case begins in the middle of a crisis for Airbnb, Inc. (Airbnb): A host has returned home to find her apartment ransacked by Airbnb guests, putting the company’s reputation—and its core business ... Read More

China’s 40 Years of Economic Reforms and Growth

Yang, Dennis; Maiden, Stephen E.; Sun, Bo; Holtz, Paul

GEM-0227 | Published November 14, 2024 | 37 pages Case

Collection: Darden School of Business

China’s growth from 1978 to 2018 shifted China’s population from extreme poverty to the engine driving the world’s second-largest economy and largest exporter. Could economic theories help explain Chi... Read More