Foundation models have rapidly permeated society, catalyzing a wave of generative AI
applications spanning enterprise and consumer-facing contexts. While the societal impact of …

Much attention has focused on algorithmic audits and impact assessments to hold
developers and users of algorithmic systems accountable. But existing algorithmic …

Many believe that “big data” will transform business, government, and other aspects of the
economy. In this article we discuss how new data may impact economic policy and …

This book began at lunch. We were casually discussing our research, which we had thought
must be far apart. What could two scholars, one of law-and-economics and private law (Ben …

Like police officers patrolling the streets for crime, the front lines for most large business
regulators—Environmental Protection Agency engineers, Consumer Financial Protection …

Information is the" lifeblood" of effective governance. 1 In the wake of major crises
throughout history-bank failures that threatened the North's ability to fund the Civil War, oil …

The administrative state is leveraging algorithms to influence individuals' private decisions.
Agencies have begun to write rules to shape for-profit websites such as Expedia and have …

The ongoing “reputation revolution,” as it refers to the widespread adoption of reputation
tracking and analytics, is now seeing its frontier shifting from the “reputation society” to the …

In a growing number of consumer transactions today, firms exploit consumer confusion and
promote poor buying choices. The resulting transactions are often lousy, whether one uses …

Quality certification programs help consumers identify high-quality products or sellers in
markets with information asymmetries. Using data from eBay UK's online marketplace, we …