Rich Lyons standing in outside setting with students in background

Research Expertise and Interest

foreign exchange markets, culture, innovation, entrepreneurship, online education, blockchains

Research Description

Richard Lyons is Associate Vice Chancellor and Chief Innovation & Entrepreneurship Officer, and former Dean of Berkeley Haas.  His research is on exchange rates, but from a "micro" perspective rather than the traditional "macro" perspective. The micro approach uses data on transactions in currency markets to address how this market absorbs new information. It is both "information theoretic" and quite applied in that it addresses the phenomenon (price determination) at its source. His most recent work in this area is on stablecoins, which are cryptocurrencies pegged to other currencies like the US dollar or hard assets like gold. He is also writing more now on innovation and how cultures of innovation can be developed in universities and other institutions around the world. 

In the News

‘Berkeley Changemaker’ course turns self-discovery into tool for change

The instructors of a new UC Berkeley course have set an ambitious goal: changing the world, one student at a time. “The Berkeley Changemaker: A Discovery Experience” is a three-week class offered this summer to first-year undergraduates to help them identify their passions and leverage their leadership traits to transform Berkeley and the world, for the better.