CRA economists advised counsel to Virgin America throughout the DOJ review of its acquisition by Alaska Airlines. The DOJ approved the merger requiring some restrictions on the ongoing code share relationship between Alaska Airlines and American Airlines. Code sharing allows partner airlines to sell seats on each other’s flights.
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...