In a recent study, researchers from Columbia Business School and Northwestern University found that betting money on weather increases concerns about the effects of climate change. Professor Sandra Matz, one of the authors, discusses lessons from the study and their idea for a scaled-up "climate prediction market."
Mentioned Faculty

Sandra Matz
- David W. Zalaznick Associate Professor of Business
- Management Division
Sandra Matz takes a Big Data approach to studying human behavior in a variety of business-related domains. She combines methodologies from psychology and computer science – including machine learning, experimental designs, online surveys, and field studies – to explore the relationships between people’s psychological characteristics (e.g. their personality) and the digital footprints they leave with every step they take in the digital environment (e.g. their Facebook Likes or their credit card transactions).