In the April 2015 issue of The Antitrust Source, John Woodbury reviews two papers, one theoretical and the other applying the theory, by Jonathan Baker. The papers address the effects on the extent of innovation of antitrust efforts to reduce exclusionary practices by dominant firms. 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...