How Often Do Customers Pay Different Prices for the Same Thing? The theory of supply and demand teaches us that consumers will pay the same prices for the same goods in a competitive market. In reality, however, markets are rarely … Continue reading What’s the right price?
Women Do Like to Compete — Against Themselves About 10 years ago, when we were both Ph.D. students at Harvard, we were invited to participate in an unofficial and largely secret wrestling tournament organized by a fellow student. The idea … Continue reading Fostering self-competition
Wall Street Diversifies Itself Wall street is an unlikely vanguard against corporate America’s diversity problem. The white shoes of investment management are still worn almost exclusively by white men. So it’s notable that the surging business of exchange-traded funds, or … Continue reading Diversity matters
Can Financial Inclusion Change Gender Norms? Imagine a young married woman living in a small village in rural India. If the opportunities to work in the village are limited, she may choose to supplement her household’s income by participating in … Continue reading Women’s empowerment
The real name fallacy People often say that online behavior would improve if every comment system forced people to use their real names. It sounds like it should be true – surely nobody would say mean things if they faced … Continue reading The anonymity problem
A global survey shows women are more satisfied with their lives than men are Women are happier than men. Or so they say. Across the vast majority of countries where surveys have been conducted, the average woman responds that they … Continue reading The happiness gender gap
Fixing Discrimination in Online Marketplaces In the late 1980s, law professors Ian Ayres and Peter Siegelman set out to learn whether blacks and women got the same deals as white men when buying a new car. They trained 38 people—some … Continue reading Digital discrimination