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When Search Becomes Advice and Advice Raises Prices

In new experimental research, Amit Zac and Michal Gal find that users who use artificial intelligence chatbots to conduct online shopping are being directed to established brands at higher prices without a clear improvement in quality. The logic of AI algorithms risks consolidating markets around established firms while reducing consumer welfare for shoppers.

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Concerns About Green Regulation Pushing Industry to Pollution Havens May Be Overstated

Trade Law Limits the Sovereign Reach of the Digital Euro

Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve

NGOs Seek Exposure First To Influence Corporate Boardrooms

When Search Becomes Advice and Advice Raises Prices

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Concerns About Green Regulation Pushing Industry to Pollution Havens May Be Overstated

Trade Law Limits the Sovereign Reach of the Digital Euro

Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve

NGOs Seek Exposure First To Influence Corporate Boardrooms

How Stronger Non-Compete Agreements Slow Innovation

Pakistan’s Real Estate Tycoons Have Captured the Media and the State

Common Ownership May Reduce the Entry of Cheaper Generic Drugs

China Seeks To Save Innovation by Choking Competition

How Online Degrees Are Reshaping Competition in Higher Education

Featured Stories

Concerns About Green Regulation Pushing Industry to Pollution Havens May Be Overstated

Trade Law Limits the Sovereign Reach of the Digital Euro

Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve

NGOs Seek Exposure First To Influence Corporate Boardrooms

Announcements

How Stronger Non-Compete Agreements Slow Innovation

Pakistan’s Real Estate Tycoons Have Captured the Media and the State

Common Ownership May Reduce the Entry of Cheaper Generic Drugs

China Seeks To Save Innovation by Choking Competition

How Online Degrees Are Reshaping Competition in Higher Education

America Is Gambling Its Future Away

How Private Equity Is Quietly Rewriting the Rules of Professions

Netflix Appears To Face Greater Antitrust Barriers To Acquiring Warner Bros. Discovery Than Paramount

Why the SEC Needs to Require a Stricter Rule Book for Private Equity

The Harmful Effects of “Good” Corporate Governance

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ProMarketInsights shaping the future of capitalism