Article: More than cute, Arlington ponies capture interest of NU professor.(News)

Arlington Heights' ponies found their way into many a heart this summer, and now they're making a path to academia.

The village's "Ponies on Parade" ended in August with an auction that brought in $69,000 for local charities - organizers expected only $25,000 - and now a Northwestern University professor wants to know why.

Keith Murnighan, a professor of risk management who also studies group and individual decision-making at the Kellogg Graduate School of Management, said he hopes the ponies, along with Chicago's cows, will help him understand "auction fever."

"What we were fascinated by was just the ordinary common folklore of auction fever," ...

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