Join us on February 28th from 12-1 PM in BC 251 to explore cutting-edge research on racial disparities in two unique financial contexts: mortgage underwriting and thoroughbred horse race betting.
Key Research Topics
πΉ Mortgage Underwriting & AI Bias β Dr. Stein will discuss findings from a study examining how large language models (LLMs) impact mortgage underwriting decisions. The research shows that LLMs systematically recommend more denials and higher interest rates for Black applicants, particularly those with lower credit scores or riskier loans. A potential mitigation strategy will also be explored.
πΉ Racial Discrimination in Horse Betting β Betting markets arenβt immune to bias. Dr. Steinβs research uncovers how bets on horses trained by individuals with racially or ethnically distinctive nonwhite surnames earn higher risk-adjusted returns. The study highlights disparities in wagering behavior, particularly in low-stakes races and specific conditions in the U.S. South.
This event is an opportunity for students, faculty, and professionals interested in finance, economics, and social justice to engage in an insightful discussion on how racial disparities manifest in financial decision-making.
Event Details
π
Date: February 28th
π Location: BC 251
π Time: 12:00 - 1:00 PM
π₯€ Snacks and drinks provided
Register now to secure your spot! Click the button to go to our registration page. Registration is free, but we would like a headcount for snacks and drinks.
ΒιΆΉ΄«Γ½Σ³» opens registration for variety of 2025 summer camps
ΒιΆΉ΄«Γ½Σ³» hosts Global Supply Chain Bootcamp for high school students
ΒιΆΉ΄«Γ½Σ³» and SCPA students to perform with Grammy award-winning artists
ΒιΆΉ΄«Γ½Σ³»’s IΒιΆΉ΄«Γ½Σ³»BATOR program recognized with national award
Dr. Brandon Thompson named ΒιΆΉ΄«Γ½Σ³»’s new VP of Student Affairs
