In Antitrust Law Journal, Michelle Burtis and her co-author review the use of empirical tools for drawing inferences about the existence of a price structure and determining common impact for all proposed class members. While such tools can be used to uncover relevant economic relationships, the authors also discuss the pitfalls associated with using them in the context of class certification. To read the article, click the link below.
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...