More than a dozen states have announced large lotteries to incentivize vaccinations. On this episode, Steve Levitt and Jeff Severts examine the economics and likely outcomes of the policy strategy. Is this a lottery where everyone wins big? When it comes to cash prizes, does magnitude matter?

Vaccine Lotteries: Worth a Shot?

Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.

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A year-and-a-half after its launch, half of workers report having used ChatGPT on the job. On this episode of The Pie, Anders Humlum, Assistant Professor at the Chicago Booth School of Business, shares results from a recent, large-scale survey profiling the workers who are leading the generative AI curve.

ChatGPT: Who’s Adopting, Who’s Abstaining, and Why?

College graduates earn more than those who didn’t attend college. Does this mean higher education boosts your income? Or, does college simply attract students who would’ve earned more anyway? Jack Mountjoy, an economist at the University of Chicago Booth School of Business, discusses his research on the returns to higher education.

Is College Worth It? Measuring the Returns to Higher Education

American cities are overreliant on cars. Policies for reducing this gridlock and pollution range from changing public transit fares or frequencies to introducing new tolls. In this episode of The Pie, Milena Almagro, Assistant Professor of Economics at Chicago Booth, shares her research showing the optimal mix of these policies for cities dealing with transit issues.

Fighting Traffic in Chicago: Lower Fares, More Trains, Fewer Buses

A small number of companies are responsible for a substantial amount of the discrimination in today’s labor market. Who are they? In this episode of The Pie, Evan Rose, the Neubauer Family Assistant Professor in Economics discusses results from his recent experiment to measure discrimination among the largest employers in the United States.

Which Companies Discriminate Most? Experimental Evidence on Callback Rates by Applicant Race and Gender

When the Great Recession hit in 2007, it produced the largest decline in US employment since the Great Depression. It also substantially reduced mortality. In this episode of The Pie, Matt Notowidigdo discusses how economic downturns can lead to valuable health gains that may even offset some of the negative consequences of recessions.

Vaccine Lotteries: Worth a Shot?

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