Economists typically assume that firms are sophisticated and make optimal decisions. Yet, in practice, firms often make mistakes. This study asks why: Do firms know the right action but fail to implement, or do they lack knowledge of the optimal action? To explore this question, Strulov-Shlain examines a 2014 Israeli reform that banned prices ending Read more...

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Since their arrival, generative AI models and their trainers have demonstrated their ability to download any online content for model training. For content owners and creators, few tools can prevent their content from being fed into a generative AI model against their will. Opt-out lists have been disregarded by model trainers in the past, and can be easily ignored with zero consequences. They are unverifiable and unenforceable, and those who violate opt-out lists and do-not-scrape directives can not be identified with high confidence.

רגעי מפגש השבות עם בני משפחותיהן, מהמרכז הרפואי שיבא בתל השומר. קרדיט: עומר מירון / לע"מ https://t.co/24AjD6fhk3

A new FTC rule requires that businesses display all fees in the total price people see when they are first searching for tickets or for lodging.