The Traveling Salesman Problem and its cousin, the Vehicle Routing Problem, are typically studied in the field of Operations as a problem of optimization. In this paper, we show how to generalize the framework to handle any economic optimization problem using the idea of opportunity cost. We...

Eager to shed constraints imposed by Sherman Act precedent, New FTC Chair Lina M. Khan issued a statement declaring her intention to attack “unfair methods of competition even if they do not violate a separate antitrust statute.” She has sought to distance herself from the Sherman Act’s...