27 citations · 31 across the 4 of their papers we have counts for
5 papers
The Human-Machine Knowledge Spiral
Aaron Chatterji, Daniel Rock, Eduard Talamas
Nonaka emphasized that innovation is the result of a continuous back-and-forth between tacit and explicit knowledge. Artificial intelligence introduces a fundamentally new object i…
Robust Market Interventions
Andrea Galeotti, Benjamin Golub, Sanjeev Goyal +2
When can interventions in markets be designed to increase surplus robustly -- i.e., with high probability -- accounting for uncertainty due to imprecise information about economic…
The Turing Valley: How AI Capabilities Shape Labor Income
Enrique Ide, Eduard Talamàs
There is concern that progress toward AI systems with strong capabilities across domains will reduce the importance of human input in production and thus wages. We show that when k…
Artificial Intelligence in the Knowledge Economy
Enrique Ide, Eduard Talamas
Artificial Intelligence (AI) can transform the knowledge economy by automating non-codifiable work. To analyze this transformation, we incorporate AI into an economy where humans f…
Taxes and Market Power: A Principal Components Approach
Andrea Galeotti, Benjamin Golub, Sanjeev Goyal +2
Suppliers of differentiated goods make simultaneous pricing decisions, which are strategically linked. Because of market power, the equilibrium is inefficient. We study how a polic…