Ran Shorrer
@ranshorrer.bsky.social
Associate Professor @PennStateEcon. Views are my own.
It was a pleasure to visit the European Commission's Directorate-General for Competition and present our work (joint with @sarafish.bsky.social and @ranshorrer.bsky.social) on economic behavior of Large Language Models and algorithmic collusion in particular. 1/2 #econsky
When admissions are correlated, diversifying your college applications is the optimal strategy. We spoke with Nageeb Ali and Ran Shorrer of Penn State about why the standard advice to apply to reach, match, and safety schools is sound. www.aeaweb.org/research/app...
Diversifying college applications
Nageeb Ali and Ran Shorrer discuss the optimal strategy for applying to college.
aeaweb.org
Amazing workshop at @laws.ucl.ac.uk yesterday. Presented work w/@sarafish.bsky.social @yannaigonch.bsky.social in panel w/speakers from the European Commission, CMA, AdlC, & HCC. So gratifying to see our research making positive impact in the world. Thanks much @ilianos.bsky.social for inviting us!
Computational Competition Law and Public Policy Workshop
CLES@UCL Second Workshop - Organised and chaired by Ioannis Lianos (UCL)
ucl.ac.uk
Looking forward to our #ASSA2025 session, Friday 10:15 in Parc 55. I’ll be presenting this paper⤵️
Yannai A. Gonczarowski@yannaigonch.bsky.social · 2y ago🚨Major new version🚨 Algorithmic Collusion by Large Language Models Joint w/ @sarafish.bsky.social & @ranshorrer.bsky.social LLMs are automating many business decisions. Pricing might be next (or is already). What if multiple firms, in good faith, to use off-the-shelf-LLMs for pricing? 1/3 #EconSky
An academic paper has excellent empirical evidence & hypotheses that perfectly match the patterns in the data. One catch: AI wrote the hypotheses after seeing the results. Should this matter? New paper w/ Robert Novy-Marx on AI-Powered (Finance) Scholarship🧵 papers.ssrn.com/sol3/papers....
Very excited to release a major revision to our paper on algorithmic collusion by large language models. #EconSky
Yannai A. Gonczarowski@yannaigonch.bsky.social · 2y ago🚨Major new version🚨 Algorithmic Collusion by Large Language Models Joint w/ @sarafish.bsky.social & @ranshorrer.bsky.social LLMs are automating many business decisions. Pricing might be next (or is already). What if multiple firms, in good faith, to use off-the-shelf-LLMs for pricing? 1/3 #EconSky
I made a theory starter pack. It includes some CS/Econ, pol-econ, and behavioral types as well... Lmk if you'd like to be added (or removed!) and I'll do my best - the edit functionality is a bit wonky atm go.bsky.app/KAGmZH4
