Jean-Michel Benkert

@jmbenkert.bsky.social

Economist @ Uni Bern, https://jmbenkert.ch

1/6 New version of our WP *Time is Knowledge: What Response Times Reveal* - joint with Shuo Liu and Nick Netzer. The big update: we now include four applications showing how the theory can be used in practice:

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A thread on "reverse acquihires" in the AI space. Reverse acquihires are characterized by two things: 1) the buyer takes over the most important/talented employees and 2) the buyer pays a hefty sum to the target firm via a side deal. They are becoming common in the AI space:

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One thing I have not seen mentioned in the discussion about compensation packages for AI engineers is that firms are willing to pay not just for what value those employees bring to them, but also for the value that their competitors lose. In a sense, firms are partly trying to *hoard AI talent* 1/2

Meta Poached Apple’s Pang With Pay Package Over $200 Million

Meta Platforms Inc. has made unusually high compensation offers to new members of its “superintelligence” team — including a more than $200 million package for a former Apple Inc. distinguished engine...

bloomberg.com

1/7 In our new WP Strategic Attribute Learning, Ludmila Matysková, Egor Starkov, and I study how preference misalignment between a researcher and a decision-maker shapes learning and decision-making. [Link below]

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The incentives at elite business schools are often discussed, though I know little about them. However, at less prestigious business schools, the pressure to "publish something" just to meet accreditation standards likely does not lead to high-quality research either.

woody and buzz lightyear from toy story are standing next to each other and talking about incentives and galore .

ALT: woody and buzz lightyear from toy story are standing next to each other and talking about incentives and galore .

media.tenor.com

Stephanie M. Lee@stephaniemlee.bsky.social · 2y ago

the fallout from the Francesca Gino research misconduct scandal isn't over. @engber.bsky.social writes about how an effort by some of her colleagues to self-audit their work with her ended up raising even more questions — for them personally and their whole field www.theatlantic.com/magazine/arc...

Do we do threads🧵on #EconSky? I recently gave a talk on competition policy and startup acquisitions. Here are the main points: 1/ Since ~2001, acquisitions have overtaken IPOs as the primary "exit" for VC-backed startups. This shift impacts how competition plays out.

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