7/23/2009 - A new book by Kellogg Professor Daniel F. Spulber seeks to fill a gaping hole in economics that has saddled the profession for nearly 100 years. “In the press and in politics, we are ...

In a room packed with economists and researchers, a mugshot appeared on the screen. The question wasn’t about guilt or innocence—it was what an algorithm perceived in the photo that humans could not.

Concerns emerged during the COVID-19 pandemic over banks continuing to lend to unproductive businesses that were close to default. Recent research shows that lenders have incentives to offer ...