We’ve Been Underestimating Discrimination
New methods of measuring racism and sexism find a larger, systemic impact.
We’ve Been Underestimating DiscriminationWhy antitrust regulators underestimate competition
Increases in market power can raise incentives for rivals to offer new products
Markups would have increased by only 10–20 percent because of rivals’ new product offerings, in sharp contrast to a 70 percent increase, as the current approach predicts.
Thomas Wollmann, “Trucks without Bailouts: Equilibrium Product Characteristics for Commercial Vehicles,” Working paper, February 2015.
New methods of measuring racism and sexism find a larger, systemic impact.
We’ve Been Underestimating DiscriminationEconomists consider how the technology will affect job prospects, higher education, and inequality.
How Will A.I. Change the Labor Market?Machine learning can help identify new hypotheses to test.
What’s the Next Big Question in the Social Sciences? Ask an AlgorithmYour Privacy
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