Economics

Most GPU providers post standard rental rates by hour and adjust them infrequently. Some expose dynamic prices that evolve based on supply and demand. But these approaches, while simple and predictable, may not be optimal given current market conditions: severe supply constraints for high-end models, large differences in customer valuations,

Tamil Nadu’s civil service hopefuls give up nearly 1.68 times as much in lost earnings (and coaching fees) as the state will ever pay in salary (see Table 2.5 in Mangal, 2023 (PDF); see MR as well). At first pass, this looks like over-dissipation: candidates appear to

Meta Perspective "If you think about the pieces of advertising, there’s content creation, the creative, there’s the targeting, ... and there’s the measurement and probably the first pieces that we started building were the measurement..." https://stratechery.com/2025/an-interview-with-meta-ceo-mark-zuckerberg-about-ai-and-the-evolution-of-social-media/ Targeting: "Over the last 5

Economists describe overloaded labor and admissions markets as congested. Yet the term is usually deployed to mean “too many applicants,” glossing over the deeper constraint: decision‑makers cannot extract enough reliable information from superficially similar files without incurring prohibitive cost. I call this bottleneck evaluation congestion. The concept explains why

The same e-book sells at very different prices on different platforms. For instance, the e-book version of The Supreme Court and the Attitudinal Model Revisited sells at \$25.57 on Amazon and \$39.99 on Google. (You can also buy a DRM-Free version for $39.99 on CUP). We can&

Remember when e‑books were supposed to undercut paper editions—no printing, warehousing, shipping, or returns to pay for? Fast‑forward ten years, and you’ll often pay more for a DRM‑locked Kindle file than for a used paperback plus scanning. Case in point: * The Supreme Court and the