When Canadian Tire announced plans to acquire sports retailer, Forzani Group, CRA’s experts undertook economic analysis to measure the extent of diversion between Canadian Tire’s and Forzani’s retail stores. Our work included econometric analysis of the extent to which Canadian Tire’s prices were national or responded to local competition. The Bureau cleared the merger.
What happens when AI sets wages
The authors fed 60,000 freelancer profiles into eight widely used LLMs, asking each model to recommend an hourly rate. From hourly wage setting to testing for...