Steve Tadelis

Haas School of Business

University of California, Berkeley

@steve_tadelis Website

Professor Tadelis’ current areas of research are e-commerce, economics of organization, procurement contracting, theory of the firm and industrial organization, contract theory, and game theory. Tadelis was the Joe Shoong Chair in International Business and the Associate Dean for Strategic Planning at the Haas School of Business. Tadelis has also held positions at eBay Research Labs and Amazon.

Vote History

Statement Vote Confidence Comments
A hard Brexit will have a significant negative impact on many businesses, even if they do not have a U.K. or European presence. Neither Agree nor Disagree 5 “A hard Brexit may have countervailing effects. On one hand, it will hit the U.K. hard and that should have a ripple effect. The U.K. is not a huge economy, but it’s still meaningful. On the other hand, a hard Brexit may be a deterrent to other ill-thought-through attempts at leaving the EU, which may act as a stronger glue to keep the rest of the EU together, reducing uncertainty about its stability.”
China is no longer the most attractive growth opportunity for Western multinationals. Disagree 6 “The government’s ‘Made in China 2025’ initiative, together with its already powerful and growing tech industry, have China poised for continued strong growth. Moreover, with close to 1.5 billion people, the domestic market alone is fertile ground for much market-driven innovation.”
In the next five years, the blockchain will have a transformative effect on finance in emerging markets. Neither Agree nor Disagree 5 “Bitcoin was launched more than three years ago with price swings that were insane. I am not an expert in blockchain (though I have read about it), and there is a lot of hype around it, so I find it impossible to predict the possible impact.”
In the absence of a carbon tax, industry self-regulation can help mitigate the worst fallout from climate change. Strongly Disagree 8 “Without enforcement, manufacturers’ incentives to curb pollution do not align with those of society. Carbon emissions is a standard ‘commons’ problem where everyone would be happier with less pollution, but each manufacturer would prefer to pollute in a way that maximizes its own profits, while wishing that others keep cutting back. Consumer boycotts may help, but these also suffer from the commons problem.”
Amazon’s new $15 per hour minimum wage will force other companies to follow suit. Neither Agree nor Disagree 10 “In markets with a large supply of labor that can do warehouse-type jobs, this will have little or no effect. In tighter markets, however, this will put pressure on competing employers to raise their wages.”
Restrictions on skilled immigration will cause US firms to to shift more operations overseas. Strongly Agree 10 “Skilled labor, especially in engineering and data science, is scarce. Firms compete vigorously for the best talent, and if restrictions will be imposed, firms will have to build talent pools abroad.”
Uber has to develop self-driving cars in the next 10 years in order to remain viable. Disagree 9 “There is significant uncertainty on the regulatory environment that self-driving cars will be subject to, and the cost model of human drivers is pretty affordable.”
A trade war will be more disruptive to business than to consumers. Agree “Consumers will be hurt but will re-optimize their purchases to minimize the impact. Businesses face more extreme shocks; some will hurt and others not. Unpredictability is very harmful for business.”
Concern over consumer privacy will fundamentally limit businesses’ ability to use big data. Agree 8 “The recent event of Cambridge Analytica has cause many to fear, maybe more than they should, about data privacy, which is already impacting policy.”