Adam Smith
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adam-n-smith.bsky.social
Adam Smith
@adam-n-smith.bsky.social
Assistant Professor of Marketing
UCL School of Management
www.adamnsmith.com
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Excited about this new paper with @jamesbrandecon.bsky.social! We use theory-driven priors to regularize nonparametric demand, with some interesting computation strategies to boot. Details and link in the thread.
New paper with @adam-n-smith.bsky.social
papers.ssrn.com/sol3/papers....

Our paper develops a new approach for estimating demand nonparametrically while imposing economic constraints and comes with a new package, NPDemand.jl! Some things we do in the paper 1/
Reposted by Adam Smith
Next week, I'm teaching another round of my online Mixtape course on BLP-style demand estimation!

The sessions are hands-on and last time we had a ton of great questions. Sign up here: www.mixtapesessions.io/session/dema...
October 15, 2025 at 8:15 PM
Reposted by Adam Smith
wrote a little thing for general consumption about llms and the likely overblown risk of cognitive offloading: www.mgmt.ucl.ac.uk/news/long-re...
Long Reads: Is AI the end of critical thinking? | UCL School of Management
Embracing AI platforms such as ChatGPT does not signal the death of critical thinking, argues Dr. Daniel Ershov
www.mgmt.ucl.ac.uk
September 22, 2025 at 1:47 PM
Reposted by Adam Smith
🚨Free data alert!! 🚨 Please share.

Large new dataset of Amazon product reviews, including full text and photos and product characteristics, with individual *reviews labeled as fake reviews*.

I believe this is the first publicly available data of this kind.

github.com/bretthollenb...
July 11, 2025 at 9:18 PM
Reposted by Adam Smith
The programme for the third City-CMA competition workshop on 17-18 June is now out: The first day is dedicated to AI, technology and digital issues; the second to competition policy and economic growth.

1/2
anikandrova - Economics of Competition and Regulation Workshop 2025
About the workshop
sites.google.com
May 10, 2025 at 3:14 PM
Reposted by Adam Smith
Have a day off so I made some small updates to FKRBDemand.jl (new name!). Hopefully it's now easier to use the Fox-Kim-Ryan-Bajari method to estimate a random coefficient model with market-level data (2-step approach described here: www.jamesbrandecon.com/blog/0jxkvfr...)

github.com/jamesbrandec...
GitHub - jamesbrandecon/FKRBDemand.jl
Contribute to jamesbrandecon/FKRBDemand.jl development by creating an account on GitHub.
github.com
May 1, 2025 at 10:25 PM
Reposted by Adam Smith
This year's Gorman Lectures at UCL will be given by one of my heroes, Ariel Pakes. I can't wait!
In @ucleconomics.bsky.social, we engage in the #discourse globally. Our annual Gorman Lecture (and conference) returns this May with the distinguished Ariel Pake of @harvard.edu.
Register now➡️https://www.ucl.ac.uk/economics/events/2025/may/ucl-department-economics-gorman-lecture-and-conference-2025
April 25, 2025 at 8:58 PM
Reposted by Adam Smith
🚨 An updated version of "Demand Estimation with Text and Image Data" with Ilya Morozov and Stephan Seiler is now available online:

papers.ssrn.com/sol3/papers....

We also make the full code pipeline available here:
Demand Estimation with Text and Image Data
<div> <p></p> <div> We propose a demand estimation method that leverages unstructured text and image data to infer substitution patterns. Using pre-trained
papers.ssrn.com
April 7, 2025 at 4:10 PM
Reposted by Adam Smith

UCL School of Management expands business education opportunities in the heart of London

We've enhanced our business education offer right in Canary Wharf, strengthening connections with the city's dynamic business hub.

Discover how UCL is shaping the future of business education: bit.ly/40tvSkY
January 22, 2025 at 1:59 PM
Excited about this new paper with @jamesbrandecon.bsky.social! We use theory-driven priors to regularize nonparametric demand, with some interesting computation strategies to boot. Details and link in the thread.
New paper with @adam-n-smith.bsky.social
papers.ssrn.com/sol3/papers....

Our paper develops a new approach for estimating demand nonparametrically while imposing economic constraints and comes with a new package, NPDemand.jl! Some things we do in the paper 1/
January 17, 2025 at 7:55 PM
Reposted by Adam Smith
🚨📜CALL FOR PAPERS 📜🚨

*New Data for Consumer Insights Conference*

When: May 30-31, 2025
Where: Chicago Booth
Submission Deadline: Jan 6, 2025
Keynotes: @susanathey.bsky.social and Greg Lewis

Both methodological and empirical submissions are welcome.

Submit here: ndconference2025.hotcrp.com
New Data Conference 2025
ndconference2025.hotcrp.com
December 11, 2024 at 9:47 PM
Reposted by Adam Smith
We wrote a draft handbook chapter on using algorithmic pricing to learn optimal platform fees. A challenging and interesting problem! Comments welcome.
papers.ssrn.com/sol3/papers....

With the great Kanishka Misra (BC)
<div> Platform Pricing Algorithms: <span>Examples, Fundamental Challenges, Potential Solutions</span> </div>
We consider platform pricing algorithms, i.e., pricing algorithms to learn optimal platform prices to customers. We review four papers that carefully describe p
papers.ssrn.com
November 20, 2024 at 8:17 PM