Fiona Scott Morton and Carl Shapiro published an article entitled “Strategic Patent Acquisitions,” which appeared in Antitrust Law Journal. The article analyzes how a strategic patent acquisition changes economic incentives and traces through the likely economic effects of those changed incentives. 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...