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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.
November 21, 2025
Tepperspectives is the heart of thought leadership for the Tepper School of Business at Carnegie Mellon University. Tepper school faculty and other experts share their research, innovations, and ideas for The Intelligent Future℠.
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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.
November 21, 2025
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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.
October 25, 2025
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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.
October 9, 2025