I’m a creative optimist who believes that technology has the power to amplify and improve storytelling, which is why I’m incredibly excited right now. Generative AI is at a creative tipping point.

Devesh Raval, Federal Trade Commission is Testing the Production Approach to Markup Estimation. Abstract: Under the underlying assumptions of the production approach to markup estimation, one should ...

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich microdata and advances in production function estimation, the method ...