Recent platforms, like Uber and Lyft, offer service to consumers via “self-scheduling” providers who decide for themselves how often to work. These platforms may charge consumers prices and pay providers wages that both adjust based on prevailing demand conditions. …Read More
The use of patents in economic research is complicated by the fact that patents vary enormously in their importance or value. While fewer than 10 percent of patents are worth the money spent to secure them, the most valuable ones are worth hundreds of millions of dollars.…Read More
