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  • Meet the Author: Steven J. Davis

    Meet the Author: Steven J. Davis

    Steven J. Davis is a Senior Fellow at Hoover Institution and at the Stanford Institute for Economic Policy Research. He also hosts the Economics, Applied podcast. He spoke to SSRN about applied economics, sticky wages, and his research on the changing world of work.

    Q: To kick off, could you explain a little bit about Applied Economics? We asked ChatGPT, and it said it involves a focus on empirical analysis, policy relevance, problem solving, impact evaluation, and an emphasis on real world applications. Does the AI have that about right?

    SD: That description is pretty close, and there’s a reason I named my podcast Economics, Applied. I find applied economics and related fields to be extremely interesting intellectually. I also feel some compulsion to devote my time and energies to topics and questions that are relevant to the real world. Partly because academics have privileged positions, I try to focus on applied issues rather than economic analysis merely for the sake of my own entertainment. Also, the power and ability to develop new and insightful theoretical abstractions, which is how I think about good economic theory, is a rare skill. I don’t see myself in the very small set of people who have that skill, which is another reason I tend to focus on applied research.

    Q: I really enjoyed your recent podcast episode about labour markets, and the question you explored was fascinating – when labour markets were so tight after the Covid-19 period, why didn’t wages go up?

    SD: In fact, in real terms, they actually fell… My podcast guest  Ayşegül Şahin, in her work describes how we suddenly appreciated the flexibility and the personal autonomy and time savings that come with working from home two or three days a week, more so than we did before the pandemic. 

    My view is slightly different, which is: we always wanted that personal autonomy and flexibility in time savings but we thought it wasn’t practical, or feasible in most jobs. What happened in the wake of the pandemic – not for everyone, but for many people –  was we were forced to try work from home for a period of time. As a consequence, we learned that in certain jobs, for certain tasks, remote work is effective, maybe even a little bit more effective than working on site. We have compelling survey evidence, across many countries, especially on the worker side, but to a more limited extent on the manager side, that there were a great number of workers and managers who said, ‘Wow, this works better than I would have expected’. That’s not to say it always works great, or that it necessarily works better than working on site, but it works a lot better than expected in many cases.

    If you can be roughly as productive doing some of your tasks like grading papers, or preparing lectures, for instance, when you’re working remotely, then maybe you can save 90 minutes or so of commuting two or so days a week. That’s what we learned, we learned through experimentation, and we also learned by doing. Most of us got better at operating in remote mode. For example, we now know how to use Zoom effectively. If you think back to the spring of 2020, there was all kinds of confusion. But we got past that. That’s one example of learning by doing. The technologies that support remote work also got better. There was a big market incentive to make them better, and you can see a response on the innovation front in a paper I co-authored about the pace and direction of newly filed patent applications: (COVID-19 Shifted Patent Applications Toward Technologies that Support Working from Home by Nicholas Bloom, Steven J. Davis, Yulia Zhestkova :: SSRN).  The expanded market for technologies that support remote work spurred innovative efforts to make remote work more effective. 

    Those things came together, in my view, to make this thing we always wanted, which is personal autonomy, flexibility, and avoiding the commute, which saves time and money. 

    There’s been an explosion in working arrangements available to many workers. Before the pandemic, it’s like you go to the ice cream store and you can choose between chocolate and vanilla. Now you’re in the ice cream store and it’s like Baskin-Robbins, with 32 flavours on offer. Some people now work remotely almost all the time. Most employees still have traditional arrangements that involve working mainly or entirely at their employer’s place of business. But there’s a very wide range of hybrid working arrangements as well. That’s a huge shift in how many of us work and live.

    People talk in terms of ‘The Great Resignation’, a term that I don’t like. It gets things wrong in suggesting that people are resigning and leaving work, but that’s not what happened; they resigned from one job and went to another job, and the job they went to, in many cases, was much more appealing in terms of the working arrangements on offer.

    Q: Part of the way I think about it is that we virtualized jobs years ago. I’ve worked in places with software developers, plugged into screens, wearing headphones and doing everything they can to have no human interactions at all… So then the pandemic comes along and we realised it makes no difference whether my laptop is in the Starbucks, or in the office…

    SD: You’ve put your finger on something important, which is the technological developments that made abrupt, large scale shifts to remote work feasible. Email is one of them, but perhaps even more important is the rise of video-conferencing technologies of such a quality that you could have a meeting – which isn’t quite as good as in person – but is pretty close for small scale meetings. You also had the rise of the Cloud that made it possible for people to readily share documents and other working materials online, without having to be in the same physical location, or even without accessing the same computer; If the pandemic had come along with the same transmissibility and lethality characteristics twenty years earlier, I don’t think we would have seen the same kind of response.

    Q: We all may have opinions and anecdotes about the impact of working from home, but you do this fantastic survey on people’s experience of work, The Survey of Working Arrangements and Attitudes (SWAA). Can you tell us a little bit about the SWAA and the kind of listening post it creates for you?

    SD: Nick Bloom, Jose Maria Barrero and I have been running the monthly SWAA since May 2020. We initiated the survey because we wanted to understand what was going on with the tremendous gyrations in the labour market back then. Traditional government surveys weren’t really providing much information because they weren’t designed to operate in a world with so many remote workers. We became persuaded early on by our survey, and another survey that I helped design, called the ‘Survey of Business Uncertainty’ which surveys senior executives at US companies, rather than workers.

    Both those surveys, and what we learned from them, persuaded us quite early on, certainly by early summer 2020, that we were never going to return fully to the pre-pandemic status quo. That was a controversial view at the time, but it motivated us to put the resources into running the survey monthly. We ask questions about standard demographic and employment labour market status that you would find in other standard surveys, but we also ask questions about the nature of working arrangements, commuting time, and attitudes to work. Because we design the survey, we get to change the questions as we see fit, which is exciting as a researcher.  We’re able to go from the conception of an idea to designing questions, fielding the questions to several thousand survey respondents, and analyzing the data within a month. That’s extremely exciting from a research perspective. We also cooperate with other researchers to conduct a Global Survey of Working Arrangements across more than 30 countries at roughly an annual frequency.  

    Q: Back in 2021, in your paper, Why Working from Home Will Stick , you estimated that about 20% of working days would be at home. In a more recent paper, that number is more like 30%. So it’s growing even faster than you’d initially imagined…

    A: It’s closer to 30% according to our Survey of Working Arrangements and Attitudes.  However, it’s worth noting that no one really knows exactly how much work from home is happening. We have a short report out on this looking at five  different survey measures. (See our report, “How Much Work from Home Is There in the United States?”) The SWAA and the Census Household Pulse Survey both yield WFH rates of just below 30%. The Current Population Survey that many people consider the gold standard, but has some problems, gives much lower numbers. The American Time Use Survey yields WFH numbers in between those of the CPS on one side and the SWAA and HPS on the other side. So, we don’t know the exact extent of work from home. But I think it’s fair to say that our early assessments back in early 2021 were fairly close to the mark, or if anything maybe a little bit understated. 

    Q: I’m interested in this idea of remote work and privilege, It feels as though, against the backdrop of rising inequality, flexible working is yet another privilege that is given to people based on education, wealth, the sophistication of people’s jobs…

    SD: It is a privilege to be able to work remotely, but there’s two additional observations in this respect that are important to make. First, it’s clear in the wage data that some of this privilege has been offset by slower wage growth among the professional class, the office class and so on, the people who get to work from home a lot. Their wage growth has been quite a bit slower than those who do customer oriented, face to face jobs, who tend to earn less. It’s been quite slow since 2021, and that’s a reversal of the pre-pandemic pattern that had prevailed, more or less, for decades where those in the upper parts of the wage distribution saw their wages rise faster than those at the lower end of the wage distribution. Just the reverse has happened since 2020, and in my view, a big part of the reason is that employers and workers both recognize that it’s a privilege to work from home, and that’s part of your overall compensation package. So, you get more of the thing you want in the form of working from home, but you give up a little bit in terms of wage growth. 

    There’s also an interesting relationship between attitudes towards work from home, and where you sit in the corporate hierarchy, and that was especially true in the first couple of years after the pandemic. People who are way up near the top of the corporate hierarchy tend to like coming to the office a lot. Partly that’s because of sincere beliefs that onsite work is beneficial. The thinking is this is how I got to the top, and for others who want to get to the top, they need to take the same kind of path I did. But it’s also because when you’re the boss, it’s fun to come to the office, at least in terms of status. You have a lot of responsibility, but everybody is looking up to you, and you’re the top dog and there’s a lot of status associated with that. Whereas, if you’re in the middle or the bottom of the hierarchy, it’s not so much fun to come to the office and have your boss breathing down your neck. It’s true that working remotely is a privilege. It’s also the case that the shift in some organisations towards more remote work means these status hierarchies are less onerous for those who aren’t at the top.

    Q: There’s been some discussion in the UK Media that schools, who face a very challenging time attracting and retaining teachers because of issues such as long hours and low pay, also have the challenge that having a job where you have to be in the workplace every day is seen as low status, compared to jobs where you can work more flexible hours…

    SD: I don’t know the UK situation very well, so I would be reluctant to speak to that, but I think it was the case in the United States, and perhaps in the UK as well, that the pandemic experience for elementary and secondary school teachers was not a happy one. There were worries about contagion, which in hindsight appeared to have been overblown when it comes to young children, but nonetheless, people were teaching in a mode (remote) that works poorly for children.

    I started this conversation earlier by saying we learned in some jobs and some tasks, that working remotely works quite well, but teaching young kids how to read and how to do arithmetic is in not that bucket. There were many teachers who wanted to teach, but they were extremely frustrated by the experience of trying to teach online, and that can be demoralizing. 

    Q: So to move to a very different topic. In your paper Sticky Wages on the Layoff Margin,  you interview people and discover that many would rather take a pay cut than face the stress and the upheaval of being laid off. However, employers are extremely reluctant to provide that option during pay negotiations – it seems almost taboo… 

    SD: Let me start by making an observation. Economists have been speculating about, and making claims about, the reluctance of workers to accept wage cuts, at least since John Maynard Keynes. In his General Theory of Employment, Interest and Money he asserts there (without evidence ) that workers don’t like wage cuts and therefore it’s foolish to try to cut “money wages”, as he calls them. And there are large branches of Keynesian economics, and the leading models of the day in terms of business cycle fluctuations, and monetary policy, that are predicated on the idea that wages are sticky, downward. We want to know why, but I don’t think we fully know why. 

    There are other theories that ignore wage stickiness, and pretend that it doesn’t matter, and that’s not a completely crazy thing. It’s not so easy to figure out how and when wage stickiness might actually matter for decisions about how much people work and how much effort they put forth per hour of work. So, we’re just trying to say, look, let’s go see what people actually say, when you ask them: ‘What do you think about this trade off?’

    In our particular sample, we approach people who just lost their jobs, and who qualified for unemployment insurance benefits, in the state of Illinois during a period with low inflation and tight labour markets. More than half of these job losers were willing to accept small pay cuts on the order of 5 to 10% to keep their job, and something close to a third, were willing to accept a 25% pay cut. The contribution of that paper is in part, just to document that and say, ‘Woah – contrary to widespread views that workers really resist pay cuts, that doesn’t seem to be the case in this sample, for many workers.’

    Now, how can you nonetheless have absence of these pay cuts being offered? Well there are many theories on offer, that have been around for a while. It’s just that in my view, they haven’t been very systematically evaluated against the evidence, partly because we didn’t have much evidence on what workers thought.

    This study looks into what workers think, and I’ll give you an idea of how one class of theories could have potentially explained our results, and it’s motivated by a very interesting case study by Krueger and Mas of an episode in history of Firestone, the tire manufacturing company.

    Think about the production of tires in a tire manufacturing plant. You want the tires to be put together safely because if they’re not they can later blow out when somebody’s driving and cause a potentially fatal accident. There was a period of labour strife at Firestone, and in the wake of that labour strife, there were many Firestone tires that were blowing out on the road. The National Transportation Safety Board concluded that there were excess injuries and fatalities because of defective Firestone tires, and Krueger and Mas did their own independent analysis on this matter and concluded that, indeed, there were excess injuries and fatalities due to defective Firestone tires. Due to their careful empirical work, they traced the high defect rate to tires manufactured at one particular Firestone plant. This was during the wake of a corporate ownership change and employees were told that there would be a change to the union contract at the next renewal, and it may not be so generous in terms of wages and working arrangements. 

    Think about that setting. You only need a very small number of disgruntled workers who are going to sabotage, or not work carefully enough, because they’re unhappy to make the employers say look, 90% of our workers would be willing to take a 5% pay cut to keep their job, but there’s a few workers who will be really annoyed, and they can cause great damage to the company. If we can’t figure out who those few are in advance, and we can’t fire them selectively, it may be that the best thing we can do is to lay off some people rather than cut anyone’s wages, even though most of the people we lay off would be happy to take a small wage cut to keep their jobs. So that’s just one example. 

    What our paper says is that the class of theories that has dominated macro-labour economics in recent decades cannot fully explain our facts. We’re trying to say, look, there’s a weakness in this class of theories. If you want to fully explain why layoffs happen, you need to start looking at theories that highlight interdependencies across workers – either through the production process, as in the Firestone example, or it could be through compensation, as with collective bargaining arrangements, that require some kind of horizontal similarity in the treatment of workers, so you can’t easily have tailored wage cuts and so on.

    There are theories out there that are consistent with our findings. It’s just that those theories, in my view, have been somewhat shunted to the side in recent decades in favor of other theories that struggle to explain all the facts that we put on the table.

    Q: There’s a lot of concern about trust in science at the moment, and sometimes that means people are quite hostile to the idea of sharing non peer-reviewed, early stage research as we do on SSRN. How do you think about the role of preprints in the scientific record?

    A: In economics, preprints are essential because the publication process is ridiculously long. It would really slow the progress of research in the field if we didn’t have some early dissemination vehicles. There are many available, and I think SSRN is, to your credit, the broadest of these pre-print distribution vehicles, at least in economics. That’s extremely valuable. I also think the scholarly journals are sometimes slow to recognize good ideas and to take them up, and so there’s something of a market test that works through pre-prints. If you have a working paper and it gets lots of citations and starts influencing what people think and write and how they conduct their own research, that’s a way to cut through what might be hostile referees. So, on balance, I think the preprint process is quite healthy. 

    For those who are in the position of trying to disseminate research to the broader public, including journalists, if something’s not gone through a peer-reviewed process then they need to do their own vetting. Journalists and popularizers are not experts but that doesn’t prevent them from calling on other people who are experts and saying, ‘Hey, what do you think of this paper, it’s not published yet but the results sound really interesting’. I’m putting the onus on the journalists, popularizers, and disseminators of research: Do your homework. Just because it’s in a peer reviewed journal, it doesn’t mean it’s right, and just because it’s not in a peer reviewed journal doesn’t mean it’s wrong. There’s really no substitute for trying to provide your own critical lens, which I think is a good general lesson for life, not just research findings.

    Q: If people want to learn more about your research, are there any papers that you’ve shared on SSRN and recently or elsewhere online that we can point people to? 

    SD: Please do check out my podcast Economics, Applied, I’m also about to release a new paper, which should be on SSRN soon, it’s called Application Flows, written with Brenda Samaniego de la Parra. It uses micro data on applications and job vacancies, linked to the employer side clients who are all operating on a particular job board platform, for jobs such as, software design, engineering, financial analysis – hard skill jobs. That’s one thing, but I have lots of other stuff in the pipeline. We have a recent paper on the evolution of work from home written last fall, that tries to take stock of what we’ve learned from the outpouring of research in this area during the past four years. That’s a very good paper for a general audience as its broadly accessible for people who are specialists in the field.

    SSRN Writes: The Hoover Institution has released a short video on the issue of working from home, you find it online at “The Great Work-from-Home Divide,” or check it out below:

  • The launch of an Educational Impact and Evaluation Research Special Topic Hub

    The launch of an Educational Impact and Evaluation Research Special Topic Hub

    SSRN has launched a new hub for the month of April, in line with the UN Goal for the month of Quality Education. The Special Topic Hub on Educational Impact & Evaluation Research offers a curated view into early stage research tackling educational initiatives and their effects on students’ achievements.

    The hub encompasses research on the assessment of educational plans, methodologies, and interventions, along with examining how academic research influences procedures and schemes.

    This specialized hub provides perspectives from diverse fields that could contribute to the ongoing dialogue regarding methods to comprehend student education and facilitate the achievements of both students and educators.

    You can find the homepage for all of SSRN’s Special Topic Hubs here.

  • A Conversation with Dean Vinzé on George Mason’s Business School

    A Conversation with Dean Vinzé on George Mason’s Business School

    In November 2023, George Mason’s business school became the Donald G. Costello College of Business through the gift of the late Donald Costello, a prominent entrepreneur in Northern Virginia. SSRN spoke with Dean Ajay Vinzé to learn more about the changes in the business school and gain insight into the role of Dean in 2024. Dean Vinzé joined George Mason in 2022, after serving as the Dean of the Trulaske College of Business at the University of Missouri. 

    Can you tell us about what attracted you to moving to George Mason? 

    George Mason has a unique value proposition in a number of ways. First off, our location, so close to one of the world’s most consequential capital cities, offers an intuitive appeal, with important practical implication for a business school. 

    Secondly, George Mason is a relatively young university. We are not quite 50 years old, so in university years, it’s a bit like being a teenager. In a time of profound change, such as right now, that can be an advantage, because sometimes the weight of deep traditions at older universities can work against you. 

    A third thing I find very appealing is the way the George Mason mindset suits the post-Covid environment for both students and employers. The way students consume information and knowledge, as well as their expectations of the university, have changed fundamentally. At the same time, employers have developed expectations of a certain immediacy of career readiness displayed by recent graduates.

    What we have been doing at Mason is rethinking how we deliver education in the light of these changes. First and foremost, our faculty are engaged with research that is both rigorous and relevant and that appears in the very best scholarly outlets for their disciplines. To be truly impactful, this is a necessary but not sufficient condition. What are needed are the second and third order derivatives of the research, which show up in policy and business practice and thereby make a difference for institutions and the practitioner community. 

    In other words, once research is published, you need to convey to both students and employers what the impact of that research is in terms of a career in a particular industry sector. So, research is a big driver in managing both student and employer expectations. In order to move from a university with regional stature to one with national and international stature, research is essential. 

    What was the experience of changing the name of the business school like? 

    You know, the naming of a college is an interesting exercise by itself. In some respects, it’s a recognition of what you have done in the past, your research program, for example. But it really is the investment of someone who agrees with your vision of the future. 

    Mr. Costello was not an alum of ours, but he had been a successful entrepreneur who had taken chances in the establishment of his business at a fairly young age. The way Mason trains its diverse student body in entrepreneurship aligned perfectly with the kind of legacy Mr. Costello wished to establish. The focus is on supporting undergraduate and graduate business students to prepare for successful careers as entrepreneurs. 

    How do you approach the role of Dean in today’s environment?

    I think the role of Deans has been changing in business schools. There has been a lot of discussion about rankings recently, but just chasing the metrics is the wrong approach. If you do the right things, the metrics will follow. That has been our approach. 

    Fundraising and development work is certainly an important part of my job. That’s about 60% of my time. Going out into the community and letting people know what the Business School is doing, how it can serve them, how we can collaborate with them. This requires having an understanding of the latest research that faculty are producing, but also being able to translate its meaning to a non-specialist audience. Additionally, we have established a relationship with just about every Chamber of Commerce and EDA in the Northern Virginia region and more broadly in the DMV. 

    It’s important for business schools to understand the local realities that surround them. If you look at the Bay Area for example, business schools there will miss the mark if they don’t respond to the surrounding environment of high-tech and start up business. For Mason, the largest industry in our area is government contracting. It’s an $800 billion industry. One in three of our graduates go into that industry. We have responded, and at CCB we feature the only academic research center in the country focused on this important sector – our Greg and Camille Baroni Center for Government Contracting.

    My value proposition to CEOs in this area is: Students come here; they get a great education and stay. They are your workforce of the future.

    How has the curriculum at George Mason changed to meet the expectations of students and employers?

    What makes higher education unique is that society has given us the responsibility to provide credentials. Many companies can certainly offer certificate programs and badging, and various kinds of micro-credentialing, but they don’t give people degrees. Because higher education has that responsibility, you have to make sure you are actually giving degrees that are relevant and meaningful to society and are grounded with rigorous research. 

    One of the unique things that we’ve done here in the Business School is implement this notion of stackable certificates. So instead of saying, “I’m doing a degree in accounting,” which could mean I’m a cost account or a financial accountant, we have created targeted programs in specific sub-disciplines such as forensic accounting and fraud analysis. While we do the standard degree in accounting, this is an innovation that provides expertise in a focused area over five or six intensive courses. If you are not doing a computer science degree, but are interested in cybersecurity sales as a career, there is no degree like that. But we have just created a Master of Science in Management that allows you to customize your experience through these certificates, and when you put them together, you get credentialed with a degree. 

    We live in a society where business is central. If you say, “I’m a farmer,” that’s not quite right. You’re actually a businessperson in agriculture. A physician is a businessperson in healthcare. If you’re a journalist, you’re a businessperson in mass media. But it’s equally important for business to relate to all these. And that relationship is what we are demonstrating through the curricular changes we have implemented. 

    I mentioned the importance of the government contracting industry earlier. We have responded to this by creating the first dedicated research center in the country, which has also been named recently: the Greg and Camille Baroni Center for Government Contracting. We also have a minor in government contracting. Real estate is another important industry in our area, so we have a center focused on research in real estate and entrepreneurship that offers a master’s degree.  

    What direction would you give to an undergraduate contemplating going to business school?

    Business schools in many ways are life lessons. We live in a capitalist society. We live in an economic system that is based on business in many ways, regardless of your specialty or base discipline. Business schools are always going to add an extra dimension. So regardless of whether you take that as your first graduate degree or later, I would always advise people at some point in time to make sure to get part of your education in a Business School. 

    Regardless of what you do, at some point in time, you’re going to have to lean on business education. So, whether you do it right off the bat, or you do it later, it needs to happen. I think the days when you can just rely on learning on the job things like supply chain management and logistics, those are probably over.

    I’ll give you an example, and this is very personal. For a long time, I told both my kids to go to business school at some point. Neither of them did, so I was thinking, “Good Lord! What am I doing as a father? I can’t even convince my own children.”  So, my daughter is trained in public health, and she’s worked and lived all over the world. A few years back, she came to me and she said, “Dad, you know, I have a problem. You know, in public health I’m managing a lot of projects, and a lot of money flows into them, but I don’t know the basics of budgeting or project management or logistics or purchasing or acquisition. These are things I need to learn.”

    I asked my daughter after she finished her MBA, “Well, what did you think of Business School?” And she said, “It’s Life 101.” 

  • New Women & Work Special Topic Hub

    New Women & Work Special Topic Hub

    We’re excited to introduce SSRN’s Women & Work Special Topic Hub, a curated repository spotlighting early-stage research on gender disparities in the labor force. Despite progress, women still face underrepresentation, wage gaps, stereotypes, and work-life balance issues. This hub offers insights from various disciplines to fuel discussions on achieving gender parity in business.

    SSRN, part of Elsevier, believes in advancing societal progress through free access to quality knowledge. While many papers in the hub are preprints and have not undergone peer review, they contribute to the ongoing conversation on gender equality in the workplace.

    Explore the Women & Work Special Topic Hub which has over 3000 papers, or access it from the SSRN homepage.

  • Meet the Author: I. Glenn Cohen

    Meet the Author: I. Glenn Cohen

    I. Glenn Cohen is the James A. Attwood and Leslie Williams Professor of Law at Harvard Law School, as well as Deputy Dean and Faculty Director, Petrie-Flom Center for Health Law Policy, Biotechnology & Bioethics. He’s one of the world’s leading experts on the intersection of bioethics and the law, as well as health law, and a prolific contributor to working papers on SSRN. In a wide ranging interview with SSRN he shared his thoughts on some fascinating issues at the intersection of health and law, from the recent Alabama Supreme Court ruling on the legal status of embryos, to the ethical and legal issues raised by AI, and some extraordinary new developments in reproductive science.

    Q: For people who may not be familiar with the term, what does it mean to be a bioethicist?

    A:  Like many fields the borders are porous and precise definitions contested, but in general I think a fair definition of bioethics is that it “the interdisciplinary study of ethical issues arising in the life sciences, health care, and health science and policy.” It looks as the spaces where the medical system raises ethical questions – questions of right or wrong – which blend into questions of policy. Bioethics had its roots in religious studies and philosophy and medical practice, so at the start of the field (dated by most people to the 1960s) most people came in from that tradition. Over time more law people, more medical people, empirical people, political science, sociology, and critical studies approaches have come in, among others, so it’s now a pretty interdisciplinary field.

    The field studies everything from clinical medical decision making, which, to policy questions about rationing COVID-19 vaccines, to questions about the scientific process, questions about the ethical conduct of human clinical trials and even whether certain kinds of diseases ought to get priority in terms of being researched.

    Q: What issue did the recent Alabama ruling on embryos raise for you, and do you think it could lead to a federal ban on abortion in the US?

    A:  As it happens, I’ve got a preprint relevant to this on SSRN for a book that came out this week, I wrote the paper maybe a year and a half ago, and I will hopefully have a paper coming out shortly, probably after this is published, on the Alabama case specifically, so it’s something I’ve thought about a lot.

    There is a narrow legal question posed by the Alabama case, and a broader, cultural philosophical question.

    The narrow legal question is whether, under the statute that provides for tort liability for the wrongful death of a minor – which allows people to sue someone who causes the wrongful death of a minor, – whether that statute is used for the word minor, or child, or person, does it apply only to children who were born, or does it apply to embryos that are being stored in a freezer?

    The bigger question is part of the context of a larger set of political forces and philosophical issues. The political forces have been, I think, galvanised by the reversal of Roe v. Wade in the United States, which provided an abortion right protected by the Federal constitution. In the Dobbs case, the Supreme Court said, “No, we’re going to say the constitution does not provide such a right, and that States are now free to make policy in this area.” With that kind of victory at hand, the anti-abortion movement, or portions of it, has set their sight on a new goal which is not to return the matter to the States, but instead to have a nationwide ban on abortion.

    One way of achieving that is to get the recognition, ideally at the level of the Federal constitution, that foetuses, and perhaps now embryos, are persons –  such that their destruction violates the constitution, and such that a state action that permits the destruction of foetuses – even in states that are Democrat-leaning like Massachusetts where I live – would not be able to have an abortion protective law in place. That’s the political arc, and decisions like this are an important piece of it.

    The philosophical question is a difficult one, which is to say: when does personhood begin? That’s just a different question than the question, “When does life begin?” or “When does being a human being begin?” One could have different answers to all three questions, and indeed, in the book chapter that I have up on SSRN as a preprint, I discuss prevailing differences of opinion as to whether embryos are a person.

    I think the questions about the morality of embryo destruction are in some ways more far reaching than the question about the morality of abortion. The reason I say this is because you can believe that abortion ought to be lawful and permitted, while still believing the foetuses are persons that deserve the protection that persons normally get: because you think women’s reproductive rights, their autonomy over their bodies, and control of one’s body is so important that it even permits women to engage in an activity which caused the destruction of a developing, or emerging person.

    In the case of embryo destruction, we don’t have the same kind of countervailing interests around controlling our bodies. Instead, the countervailing interest is, one, about controlling what happens to the embryos we create, or having a right to create embryos that we will destroy in the end, and these seem to me to be weaker countervailing rights claim , which sets very directly the question about when does personhood begin in early embryo persons.

    Q: You did a TED talk a while ago in which you discussed what it is to be a human and what it is to be a person, and it struck me that the court in this case said clearly “This embryo is a person: they’ve just gone straight there.”  And as you say, it’s a tougher hill to die on than abortion, because there is less conflict around other people’s interests.

    A: The questions around what a person is are fascinating, I’m so glad you saw the TED talk. I was talking a little bit about animal personhood, there are also questions about AI personhood that are now emerging, and to have a robust theory of personhood that explains A but not B, is philosophically challenging. Often, the prevailing theories of personhood have implications we don’t like. The Alabama case is asking narrow questions on a particular statute, but it’s a harbinger, I think, of things to come.

    One of the Chief Justices of Alabama’s Supreme court had a concurring opinion full of explicitly religious language references, Bible discussions about how this offends God because we’re created in his image, and the idea of God’s holy wrath. It also raises the question in a larger political context, about to what extent our legislative acts or judicial decisions are permitted to invoke explicitly religious terms, or not, and that of course is a big debate too.

    Q: It seems like our clever colleagues in technology are keeping bioethicists busy in reproductive health, particularly with IVF, artificial wombs, and the reverse engineering of fertility cells from other human tissue; are there technological developments in this field that you think will be raising interesting questions in the future?

    A: I would say all the above… There are questions about creating artificial wombs, now mostly used to transfer very early prematurely born neonates and sustain them, outside the womb after birth. Maybe one day, we could perhaps have them starting gestation in artificial wombs. This raises all sorts of questions about whether you have a right to do this or can be prevented from doing this.

    Uterus transplants are happening in many parts of the world already, and thinking about those, do you have a right to experience pregnancy that is separate from the right to be a parent? So, if someone says, “Well you could use a surrogate?”, can you say, “No, actually I want to carry in my own womb,” or really, a borrowed womb. This idea of transplanted uteruses also raises interesting questions about how we think about the uterus donors. What are their relationships to the child that’s born? Should the State pay for this, is this a want, or a medical need?

    I talk to transplant surgeons and there is no reason to think male uterus transplantation is biologically impossible. We could also in the future perhaps transplant uteruses onto the male pelvis, either to people who are assigned male at birth and live as men, or to people assigned male at birth who have transitioned and are living their lives as women. Essentially the idea would be that you might make a claim that a person has a right to experience pregnancy as someone who was assigned male at birth, and does the State have an obligation to pay for that?

    In vitro gametogenesis is the potential to derive sperm and egg from adult cells, and we’ve done this successfully in mice and dogs. There are companies now trying to perfect this in human beings too. There’s a lot of reasons why this might not happen scientifically or regulatorily, but essentially there are interesting questions about whether same sex couples, for example, should have a rights claim to use In vitro gametogenesis to produce a child that is both of their genetic lineage; so from sperm and egg, one of which being derived from the person in the relationship that normally doesn’t do that, so an egg derived from our males adult skin cells, and a sperm derived from a woman’s adult stem cells.

    There is also the possibility of true genetic single parenthood, where you provide both the sperm and the egg. There is the idea of Multiplex parenthood, which would be, for example taking sixteen people fand deriving an embryo from each of them and then deriving from that sperm and egg, and then putting it together and so on and so forth. So, collapsing what we normally think of as the pathway from our great-great- grandparents to us, which usually happens over multiple generations, into a single generation. Why would you want to do that is unclear, but it’s an interesting question that pushes the boundaries beyond the more traditional, ‘reproductive technologies’, such as IVF, surrogacy, sperm provision, sperm donations and the like. So, the ethical and legal questions abound, which is one of the reasons why I love working in this field.

    Q: AI is the current big technology breakthrough. At the end of your SSRN paper on ChatGPT, you write about the need for ethicists as gadflies to ensure companies do the right thing. What should a good gadfly do in this space?

    A: I think this is very interesting because I am asked sometimes to give ethical advice or legal advice in this space. My view is, your responsibility is not to future-proof things, because it turns out that the like the famous Yogi Berra quote says, “it’s very hard to make predictions, especially about the future.” I think you need to really press on questions and viewpoints that might not otherwise come to the table, especially in the product development cycle, which obeys certain kinds of imperatives and incentives.

    I do not think it is a a horrific fact that corporations don’t necessarily always operate by the same values or viewpoints that I may have as an ethicist: That is, I am not appalled that corporations are going to corporate.  But, it should be incumbent upon them, and if not incumbent upon them then incumbent upon outside forces to push them, to really have this pressure-testing to say, “What could go wrong, but also, “What could go right?”

    We don’t always think about successes and the way successes could create ethically problematic settings; I think about this in the healthcare space I work in. For privacy, often we think about the error that somebody will get the wrong impression about me and make the wrong inference about me from partial information. One of the biggest threats from AI is that it becomes *too good* at making the correct inferences about me and about my future health state.

    Insurance works for all of us because we operate under conditions of uncertainty, whereas if I could exactly predict what your future costs would be, it would be the kind of thing that might destroy the insurance process because we couldn’t cross subsidise. So, there are ways in which it is not just our failures, but our successes we must think about. We should at least pose the questions and bring to bear different perspectives, and it’s a helpful thing when they are brought into a conversation, rather than merely being on the outside criticising after the fact.

    Q: Just as a worked example of how AI might impact journalism, when I asked ChatGPT: ‘If you were going to interview Prof Glenn Cohen in the Wall St Journal, what would be some interesting and intellectually challenging legal questions that you could ask him?’ I got: “Ethical implications of emerging medical technologies; legal challenges in global health crises; reproductive rights; artificial intelligence; legal and ethical issues in healthcare; access and inequality; regulatory challenges and medical tourism; AI and law practise and surrogacy and reproductive justice.” It’s not bad…

    A: Not bad at all…

    Q: One of the big issues for publishers is the issue of training AI with copyrighted material. How do you see that challenge for copyright holders for training?

    A: I have very smart colleagues who are thinking about that, and I view myself as an amateur here. But putting aside whether the law declares there’s a copyright violation or not, let’s ask ourselves the question; do we think that something is owed in a deeper sense?

    I often make this point within the medical space that if you build an amazing algorithm or device that helps detect cancer much earlier, or helps do a better job of sorting benign versus malignant cancer tumours in a much less invasive way,  and you do this based on data collected from people across the United States, or across the world, what are your ethical obligations once you have built it? What about equitable access for all those people. If not, what are you going to do to provide that?

    I often say (borrowing a phrase from my friend and co-author Nicholson Price) that much of the value of medical AI is democratising the expertise we already have, rather than taking the expertise we have and making it even better. Dermatologists in the United States might become very good with AI augmented dermatology and that’s great, but when I think about all the people across the world, and across the US, that don’t have the opportunity to see a dermatologist, and I think by taking the expertise of just an average, or even a below average dermatologist and scaling that up, it seems ethically the really attractive value proposition.

    We’re only going to get that if the incentives to develop AI, to build AI, to disseminate AI, align with that. So, I think that people often talk about the alignment problem in AI and making AI a kind of, a sorcerer’s apprentice, I think there’s an even bigger alignment problem, which is the alignment between what AI is getting built for, and what it has value for in an ethical sense.

    Q: How have you seen this stuff affect your students and other researchers work? I have had some interesting conversations with my son about his university essays and students all seem to be making their peace with the fact that this is very often a tool that, just like Google, is a part of their research – although that may be a benign explanation of what they’re doing…

    A: We have the benefit of being an extremely well-resourced university with very smart people who are ahead of the curve, such that, even when Open AI and Chat GPT debuted, there were many people around these parts who knew a lot about it, even at the very beginning, and had given some thought before much of the craze became public. As a result, I think there is a predictable reaction phasing and we’ve been able to move through it a little quicker.

    So, the First Phase is just, “Oh my gosh, what just happened, this is going to change everything I need to do, we need to run to get academic policies and concerns about cheating, and what will be our policy on this”” etc.

    The Second Phase, I think, is this idea of, “This is so interesting…” We can observe and run a bunch of experiments and see what’s working, see what’s helpful in the educational space and see what our students are doing, both in the settings we observe them, but also, for example, as our law students in their summers; we can ask what are the law firms doing, and how are they dealing with that?

    I think we’re still in the second phase, but transitioning to the Third Phase, which is to think that of all those costs or uses: which are the ones that are corrosive to what we want to achieve in education, which are the ones that are exciting and successful, and which are the ones that we want to be creative with and think about integrating?

    I give an example of our flagship course for people learning computer science; for this course, I understand them to have built a tutor or bot that has rules about what it will answer, and what it won’t answer. In a way, that could scale feedback much more effectively than only using teaching fellows, that’s an exciting use case. What about the ability for students to generate brand-new exam questions, in the mode of the kinds of exam questions I would ask, but that are not my exam questions, and then being able to critique answers as practise? That’s exciting and useful.

    I don’t want to suggest that all the concerns about cheating are something we should ignore, there’s still lots of questions within education and medicine about deep fakes, about watermarking, and that is the current conversation among the big tech companies, in part because they try to avoid actual regulation, so they’re trying to self-regulate this space.

    The decision to unveil ChatGPT, and the other labs, in the way they did, in the moment they did, was a hugely costly endeavour for most educational institutions. To suddenly have to scramble, learn, protect against, and deal with this, when I think about this idea of redistribution, effort, and time to introduce a product that has all of these impacts for the world, I wonder, what’s your obligation before you release it to work with those communities, socialise those communities, and also have the fixes ready to go for their issues?

    I can tell you the standard plagiarism detectors, for example, are not always that good on ChatGPT. I do think it raises a question about political economy, that large tech companies do what they do, and the people who have to pay for it indirectly might be poorly funded public schools, and the educators there; teachers who are under-compensated here in the United States, scrambling and trying to figure this out, and that’s an interesting case study in itself for the ethics of product launch.

    Q: You were practicing law in the government for the dept of justice. There is a huge difference between making legal policy and studying law academically. Why for you has the pull of academia been more powerful?

    A: I loved my time at the Justice Department, I was born in Canada, a Canadian citizen. To say, ‘Glenn Cohen on behalf of the United States of America your honour’, in Court was this crazy amazing thing, a huge amount of pressure and exciting too.

    Why make the switch? I think there is basically two reasons, for me at least, one is the ability to choose the projects that interest me as opposed to doing the work of the government, which is incredibly important but what is important to the government on a particular day and its overlap with my area of interest may be small.

    The second reason was as a litigator I was often, if not always, in an adversarial position where my view is, “The government’s right, we’re going to win, or “Our position’s not so great, so can I figure out how to settle this case?” But it’s essentially a constantly adversarial position, us against other people, whereas for me, I really also enjoy a little bit more of a constructive relationship, particularly with my students, the ability to foster, to mentor, to support, and to learn from them. That is incredibly exciting and enriching and that is probably the main thing that caused me to make this switch.

    Q: Law has always been one of the most important disciplines for SSRN, how do you think about SSRN in the context of legal scholarship?

    A: SSRN has become a huge hub for legal scholarship, especially via the subject matter journals that many view as one of the best ways to keep up. We are blessed that law reviews tend to be open access by default, such that SSRN often ends up carrying not just pre-prints but final versions of articles too. Especially in fast-moving areas (like the recently Supreme Court litigation over the approval of the drug Mifepristone for early abortions or Trump’s ballot eligibility) the drafts that go up on SSRN are vital for educating the public and the bar since the cases may be resolved before the publication cycle of the actual paper concludes.

    Q: If people wanted to learn more about your research, are there any books or papers that you’ve shared on SSRN or elsewhere recently that would be a good start for them?

    A: To my surprise I apparently have 129 scholarly papers on SSRN, so I am a frequent flyer!I am not sure if I am a good judge of quality, but here are a few to look at that might be interesting regarding things in the news.

    On how to think about the current controversy over embryo personhood, perhaps this book chapter by me: (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4284007),

    For early thoughts on bioethics and ChatGpt just as it was getting out the gate,

    (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4430100)

    For how to think about liability for artificial intelligence in medicine this co-authored book chapter:

    (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4115538)

    And for learning about state attempts to regulate the therapeutic and non-therapeutic use of psychedelics, in this case focused on micro dosing, this recent co-authored paper: (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4544500)


  • Five of the most downloaded law papers posted on SSRN in 2023

    Five of the most downloaded law papers posted on SSRN in 2023

    It’s time for a round up of 2023! We’ve been thinking about which are some of the hottest papers across different networks at SSRN, and what sort of topics they cover.

    First up is our Legal Scholarship Network (LSN). We’ve picked out five of the papers with the most downloads, and noted the focus on the interaction of AI and law, and how ChatGPT might affect law education going forward. We’ve included some in our selection, as well as a few others on various law topics. Check out the papers below!

    ChatGPT Goes to Law School

    Jonathan H. Choi, Kristin E. Hickman, Amy Monahan, Daniel Schwarcz

    How well can AI models perform on law school exams without human assistance? The abstract discusses a study where an AI model, ChatGPT, was used to write answers for law school exams at the University of Minnesota. The results showed that ChatGPT performed at the level of a C+ student, obtaining passing grades in all four courses, and the implications for legal education and writing are discussed, along with advice on how ChatGPT can assist in legal writing.

    The Sweep and Force of Section Three

    William Baude, Michael Stokes Paulsen

    Section Three of the Fourteenth Amendment prohibits former officeholders from holding office if they participate in insurrection or rebellion, but this article argues that its full legal impact has been overlooked. This article clarifies that Section Three is still valid, immediately disqualifies individuals from office without needing Congress’ action, supersedes prior constitutional rules, and could disqualify former President Donald Trump and others involved in attempting to overturn the 2020 presidential election.

    AI Tools for Lawyers: A Practical Guide

    Daniel Schwarcz, Jonathan H. Choi

    This article offers advice to lawyers and law students on how to use advanced AI models like GPT-4 in legal research and writing. It suggests that by applying traditional legal skills to refine and verify AI-generated legal analysis, individuals can turn these models into valuable personal legal assistants.

    Trading on Terror?

    Robert J. Jackson, Jr., Joshua Mitts

    Recent research shows that traders are disguising their trades in certain types of financial assets like ETFs. By examining the behavior of financial markets during military conflicts, the study finds a significant increase in short selling in Israeli-company ETFs just before the October 7 Hamas attack. This suggests that some traders may have had advance knowledge of the attack and profited from it, highlighting gaps in enforcement of laws against insider trading.

    GPT-4 Passes the Bar Exam

    Daniel Martin Katz, Michael James Bommarito, Shang Gao, Pablo Arredondo

    This paper tests the performance of an early version of GPT-4 on the Uniform Bar Examination (UBE), which includes multiple-choice questions and open-ended essays. GPT-4 shows significant improvement over previous models, scoring higher than human test-takers in some areas and surpassing the passing threshold for all UBE jurisdictions, suggesting its potential in supporting legal services.

    You can read all of our papers on the Legal Scholarship Research Network here.

  • ORCIDs From Amsterdam…

    ORCIDs From Amsterdam…

    Last week SSRN’s CEO Gregg Gordon joined the rest of the ORCID leadership team for the ORCID Board meeting in Amsterdam, and also hosted a meeting between ORCID and Elsevier at the company HQ in Amsterdam’s Radarweg office.

    If you’re not familiar with ORCID’s work, ORCID, which stands for Open Researcher and Contributor ID, is a global, not-for-profit organisation supported by fees from organisations such as Elsevier in the scholarly communications space. It’s community-built and governed by a board of directors designed to represent a wide range of stakeholders who care about identity in scholarship. Gregg joined the board last year and will serve until the end of 2025.

    A small group in person in the office and a much larger group online via Zoom were able to hear the latest news from the ORCID team in a session hosted by former Elsevier tech guru Chris Shillum, who now leads ORCID as Executive Director. The team shared ORCID’s vision to establish a unique identifier for people who contribute to the scholarly record, so that their work can be correctly connected to their contributions “across disciplines, borders, and time.”

    ORCID tries to do this by providing three pieces of infrastructure for scholarship: The first is the ORCID identifier itself, which is a unique free-of- charge ID for researchers. The second is the ORCID profile which is a digital CV for scholars, allowing them to share details of their employment, education, funding, and other metadata with the rest of the world. Finally ORCID has a set of APIs to enable interoperability between an ORCID record and ORCID’s member organisations.

    In the presentation at Elsevier, Chris and the team shared ORCID’s strategic priorities for this year, which include increasing the value it offers to member and researchers, getting more people to participate with ORCID, and a new goal around upholding trust which aims to address the current crisis in scholarly integrity.

    The team fielded lots of questions from different Elsevier folks keen to learn more about their work and how we can best support ORCID in our products and it was nice to see Chris back on familiar turf, as it’s several years since he was last in the Elsevier office.
    You can learn more about ORCID’s work here, and below you can see the ORCID Board braving a particuarly cold February day before the board meeting – Gregg needed that scarf…

  • SSRN and the Financial Times on the Impact of Academic Research

    SSRN and the Financial Times on the Impact of Academic Research

    SSRN has again collaborated with the Financial Times, this time to provide data on the impact of business school academics’ research.

    SSRN provided the FT with information to identify popular business school research papers by the download counts from ‘practitioners’. In this case, this means downloads by users in positions of influence, including users from commercial and central banks, regulators and local and national government agencies.

    You can read the whole report by the FT here, which includes a summary of the most downloaded business school papers.

  • Announcing New Article Page Branding for Research Paper Series

    Announcing New Article Page Branding for Research Paper Series

    SSRN is thrilled to announce a new feature for Research Paper Series (RPS). The innovative release applies institutional branding to every article page associated with papers of a Research Paper Series, allowing authors and institutions to better highlight their work.

    What’s this about?

    A Research Paper Series promotes the research output of authors from an institution, for example George Mason, collected nicely together on a customized landing page. A Research Paper Series will often focus on a specific part of an institution, such as a law school, business school, and a department within a corporation. Applying institutional branding on all articles included in a Research Paper Series strengthens the presence of an institution and underscores an author’s work. 

    Why Have we Made this Change?

    Institutionally branded article pages enable discovery of a Research Paper Series on SSRN more easily than ever before. Prior to this new feature, an author’s participation in a Research Paper Series was noticeable through a clickable series identifier found under the paper title on the article page. With this new release, the institutional branding for all authors of a paper (displaying up to four different RPS branding, ordered alphabetically) will appear at the top of the article page, linking back to the associated Research Paper Series. It’s an excellent mechanism for authors to emphasize their affiliation as well as creating a more visible and interconnected scholarly network. 

    We’re really excited to make this change to provide more value to our RPS customers – we’re very proud to showcase their support for so much of the great research on SSRN, and we’ll continue to explore creative ways to add value to their work,” said Michael Magoulias, SSRN’s Director of Operations.

    You can see an example of this new feature by clicking on a paper in the Antonin Scalia Law School, George Mason University, Law & Economics Research Paper Series.

  • The release of a new submission experience

    The release of a new submission experience

    We’re thrilled to announce the release of a new submission form prototype for SSRN, and we can’t wait for you to try it out. We’ve been hard at work designing and building a new submission experience to make it easier for our users to submit their research. Your insights and feedback are invaluable to us as we work towards refining and enhancing the submission experience for all users.

    Check it out!

    You can try out the submission form prototype by clicking here. We’re excited for our users to try it and give us feedback. Take a look at the rest of this blog post to see what’s new, what isn’t and other important information regarding this prototype.

    What’s New?

    The fresh submission form comes with a sleek design and improved user interface aimed at making your experience smoother and more efficient. We’ve been hard at work to bring you a form that aligns with your needs and expectations. Some changes we’ve made:

    • We’ve split the submission experience into different stages to make it more clear which information we’re asking for.
    • We’ve built in an automatic extraction service, which will extract the paper title and abstract from your PDF, to save the need for copy and paste.

    A Work in Progress

    While we’re excited to share the new form with you, it’s important to note that it’s still a work in progress. As with any improvement, there may be a few bugs and glitches that we are actively working to address. Your patience and understanding are greatly appreciated as we fine-tune the system to deliver a seamless experience.

    Functionality Update

    We want to be transparent about the fact that some features from the old form are not yet integrated into the new submission system. Rest assured, we are diligently working to incorporate these functionalities to ensure a comprehensive and feature-rich experience for our users. In particular, users who are part of an RPS are not yet able to associate their paper with their series.

    Our Old Form is still Live

    The link on the SSRN homepage is still connected to our current submission form. In addition, if you go in to revise your paper, you’ll be using the current form as part of the revision process.

    Your Feedback Matters!

    Your input is crucial in helping us identify and rectify any issues that may arise during this testing phase. We encourage you to explore the new form and share your thoughts, concerns, and suggestions with us. Your feedback will play a vital role in shaping the final version of the submission form.

    How to Share Your Feedback

    We’ve set up a dedicated email address where you can send us your thoughts: ideas@ssrn.com. Whether you encounter a bug, have a suggestion for improvement, or simply want to share your experience, we want to hear from you. Your feedback will contribute to making SSRN an even better platform for researchers and academics.

    You can access the new submission form prototype here.