Changing the Game With NIL
In the latest Tepperspectives Podcast, Tim Derdenger joins us to talk about NIL, student athletes, and competition in college football.
Tepperspectives
Why Secret Bids Help Taxpayers
Anh Nguyen, associate professor of economics, argues that not showing losing bids creates stronger competition in ocean oil and gas auctions, and generates more revenue for the government.
AI in the Classroom: Build Skills, Not Shortcuts
Professor Emily DeJeu argues that general-purpose AI tools like ChatGPT can hinder student learning by encouraging shortcuts, but custom-built AI systems designed for pedagogy are proving effective at amplifying skill-building and deep engagement.
Tariffs and Consequences
Tariffs have become a household word in the last few months, but the situation and questions around tariffs is getting more complex. Associate professor of economics Ali Shourideh discusses the current situation with US tariffs and their effect on businesses, consumers, and international trade.
Financial Intermediation with Stablecoins
Simon Mayer discusses how conventional regulatory proposals focusing on low-risk reserve asset restrictions fail to resolve stablecoin instability due to a "risk paradox," and that capital requirements are a more effective tool to ensure stability and welfare when combined with overcollateralization using higher-return assets.
Zestimate and Fairness: Can Biased Algorithms Improve Equity?
Yan Huang reveals how Zillow's Zestimate, despite occasional algorithmic bias and varying accuracy across neighborhoods, benefits both buyers and sellers in underserved areas by reducing market uncertainty and improving transaction outcomes, even potentially lessening existing inequality compared to human-only systems.