Episode Details

Economic analysis starts with data. Unfortunately, real-world data is rarely clean. In this episode we discuss how artificial intelligence is changing empirical economic analysis by aiding economists to prepare, organize and explore confidential company datasets before the formal modeling begins. Topics include:

• Why business data is a mess

• Data preparation assistance by AI

• Identifying patterns and spotting anomalies

• Monte Carlo simulation

• Human judgment vs. automation

• The future of empirical work in competition policy Artificial intelligence is accelerating technical work exponentially, giving economists more time for evidence interpretation and strategy development.

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