Must-Read: William Easterly: Empirics of Strategic Interdependence: The Case of the Racial Tipping Point: “The Schelling model of a ‘tipping point’ in racial segregation… …in which whites flee a neighborhood once a threshold of nonwhites is reached, is a canonical model of strategic interdependence. The idea of ‘tipping’ explaining segregation is widely accepted in the … Continue reading Must-Read: William Easterly: Empirics of Strategic Interdependence: The Case of the Racial Tipping Point