Re:Unsolved problems in economics
by gmac on Tuesday May 17, 2022 @10:54AM
(#31411612)
One additional data point: I'm approximately an associate professor of economics in North American terms. Also curious how many of us there are here. As it happens, one of my colleagues was recently hired by Amazon (quite nearly appending an extra zero to their salary in the process).
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Amazon is the second largest employer of economists, behind only the Fed: https://www.cnn.com/2019/03/13/tech/amazon-economists/index....
I've talked to several big names that have told me about megaoffers from Amazon. (They probably don't care if people know, since they told me, but I'm not going to name them.)
What does an Amazon economist do?
Re:Unsolved problems in economics
by huitzitziltzin on Tuesday May 17, 2022 @05:20PM
(#31416427)
They hire in three buckets:
- Time series forecasting.
- Reduced-form causal inference
- Structural, especially what is called "structural IO".
Among the questions people in the last category will answer are: how should we price this product? How should we decide which new markets to enter?