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Innovation and Economic Growth

Researchers today are trying to understand how information technology affects innovation, productivity, and economic growth while studying the impact of political and legal ground rules. Academics featured here are looking at the potential to create jobs and keep policymakers aware of emerging trends in technology.

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TAP Academics

TAP Blog

Susan Athey Discusses Machine Learning and Its Impact on Economics

In the latest issue of The Toulouse School of Economics Magazine, Stanford economist Susan Athey discusses how machine learning is transforming economics.

TAP Staff Blogger

Fact Sheets

High Skilled Immigration Reform

The United States immigration policy is the set of laws and provisions that regulates the entry and the stay of non-US citizens on national territory. High-skilled, college-educated immigrants contribute to scientific and technological innovation, entrepreneurship, and job-creation in the U.S.

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The Real Reason for Facebook’s New Cryptocurrency

"Strong cryptography secures information about who is making those transactions at every step and offers powerful guarantees against tampering. If Facebook can establish Libra as a trusted way for users make their transactions, it will go a long way to rebuilding trust in Facebook itself." — Kevin Werbach, Professor of Business and Ethics, University of Pennsylvania

Kevin Werbach
The New York Times
June 20, 2019

Featured Article

Prediction, Judgment, and Complexity: A Theory of Decision Making and Artificial Intelligence

Artificial intelligence (AI) raises the possibility that machines will substitute for humans. AI improves the accuracy of predictions, but when a prediction cannot be made with absolute certainty, judgment is needed to choose the best course of action. Judgment can sometimes be automated.

By: Joshua Gans, Ajay Agrawal, Avi Goldfarb