Artificial Intelligence (AI), also referred to as the new electricity, is the emerging focus area in India. AI refers to the ability of machines to perform cognitive tasks like thinking, perceiving, learning, problem solving and decision making. Most of the AI systems rely on historical large...

Land is not only a basic factor of production and an important space carrier, but also a key tool to control the development of urban economy. While the phenomenon of land participation in regulation exists generally in China, the theory of supporting regulation and the effect of regulation are...

This paper studies the welfare effects of R&D subsidies. We develop a model of continuous optimal treatment with outcome heterogeneity where the treatment outcome depends on applicant investment. The model takes into account heterogeneous application costs and identifies the treatment effect on...