New Paper: Ethnic Diversity Deflates Price Bubbles

A new paper by David Stark and Sheen Levine finds that price bubbles are less likely to develop in markets comprised of ethnically diverse traders.  Ethnic homogeneity promotes conformity and hence mispricing, while diversity leads to greater scrutiny and improved information processing.

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ISERP Faculty Fellow Thomas DiPrete Examines 'The Rise of Women'

Click here to learn more about his new book

Columbia Experimental Laboratory for the Social Sciences

The Columbia Experimental Laboratory for the Social Sciences provides a space for researchers to run computer-based experiments with participants from Columbia University, Barnard, and Columbia alumni.

 

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Dec 04, 2014

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