Why More White Americans Are Opposing Government Welfare Programs A new study shows that since 2008, more white people in the United States oppose welfare programs, in part because of increasing “racial resentment.” One of the reasons for this opposition, … Continue reading Are you feeling envious?
How Retailers Use Personalized Prices to Test What You’re Willing to Pay Have you ever looked up flights or hotels on an app on your phone, only to open your laptop and see different prices?That’s exactly what happened to me … Continue reading To overpay for almost everything
On sexism in economics A recent paper by Alice Wu, publicized by Justin Wolfers is creating a stir on the econ-twittosphere. The paper uses machine learning assisted text mining and topic modeling to document the astonishing sexism on the Economic … Continue reading The sexist glass ceiling
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