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
Mortgage Underwriting & AI Bias 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.
Racial Discrimination in Horse Betting Betting markets arent immune to bias. Dr. Steins 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
Date: February 28th
Location: BC 251
Time: 12:00 - 1:00 PM
イ 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.
College of Education sponsors aspiring educators, addressing regional teacher shortage
Governor Beshear to give commencement address at Chase spring ceremony
Wild, Weird and Wonderful: NKU students unearth hidden gems of local history
Debra “Debbie” Wulfeck named newest member of NKU Board of Regents
