Nondisclosure agreements and externalities from silence
How do contractual restrictions on worker voice affect information flows about employers? We develop a framework in which the legal risk from violating a nondisclosure agreement (NDA) reduces the willingness of workers to share negative information, making it more difficult for high-road employers to differentiate themselves to workers. Empirical support for these ideas comes from studying the relationship between NDA use and the content of Glassdoor reviews after three states prohibited employers from using NDAs to conceal unlawful conduct.
Three Strategic Bets on AI’s Future
This paper examines competition in the consumer AI assistant market using worldwide iOS and Android app-store data from seven major AI assistants from May 2023 through December 2025. Rather than finding a winner-take-all market, we show that major product launches tend to coincide with growth in the overall category, with little evidence of direct cannibalization across leading models. In other words, the “AI war” appears less zero-sum than commonly assumed.