In this article, Steven Salop and Carl Shapiro describe Professor Jean Tirole’s Nobel prize-winning contributions to the development of competition policy and regulation. The authors focus on how Tirole’s work has influenced competition policy, especially in the United States and the European Union. 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...