CRA economists advised counsel to Office Depot throughout a review by the Federal Trade Commission (FTC) of its proposed $1.2 billion merger with OfficeMax. The FTC ultimately closed its Second Request investigation, noting that the merger is unlikely to lessen competition in the sale of consumable office supplies.
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...