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.
|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.”|