Adam Harris
I am an Assistant Professor of Economics at Cornell.
I apply industrial organization tools to questions at the intersection of technology and transportation. My current research studies artificial intelligence and the US trucking industry.
Office hours: By appointment using Calendly.
CV (Updated June 2025)
Published papers
Long-Term Relationships in the US Truckload Freight Industry (with Thi Mai Anh Nguyen)
AEJ: Microeconomics, Feb 2025
This paper provides evidence on relational contracting in the US truckload freight industry. In this setting, shippers and carriers engage in repeated interactions under contracts that fix prices but leave scope for inefficient opportunism. We describe empirically the strategies of shippers and the responses of carriers. We show that shippers use the threat of relationship termination to deter carriers from short-term opportunism. Carriers respond to the resultant dynamic incentives, behaving more cooperatively when their potential future rents are higher. While shippers and carriers often interact on multiple lanes, we show that separate relational contracts appear to govern transactions on each lane.
Working papers
Human Decision-Making with Machine Prediction: Evidence from Predictive Maintenance in Trucking (with Maggie Yellen)
Best Paper by a Junior Researcher—International Transportation Economics Association 2025 Annual Conference
In this paper, we study the role of predictive artificial intelligence (AI) in human decision-making. Using a rich decision-level data set from the maintenance of heavy-duty trucks, we document how the repair decision-making of expert technicians changes with the introduction of an AI tool designed to predict the risk of truck breakdowns. We develop and estimate a dynamic discrete choice model of technician decision-making. The resulting estimates show that technicians with the AI tool exhibit a substantially better ability to predict breakdown risk than those without the tool. This improvement in predictive ability translates into better outcomes: The AI tool reduces the total costs that technicians incur by $240-$480 per truck per year. This brings the technician close to the efficient frontier; only 15% more cost savings could be achieved by further improvements in the quality of decision-making. The AI tool enables these cost savings by helping technicians avoid costly, unnecessary repairs.
Long-Term Relationships and the Spot Market: Evidence from US Trucking (with Thi Mai Anh Nguyen)
Revise & Resubmit at American Economic Review
Long-term relationships play an important role in the economy, capitalizing on match-specific efficiency gains and mitigating incentive problems. However, the prevalence of long-term relationships can also lead to thinner, less efficient spot markets. We develop an empirical framework to quantify the market-level tradeoff between relationship and spot performance, and we apply this framework to the US truckload freight industry, one in which relationships with fixed-rate contracts predominate. We find that while the intrinsic benefits of relationships outweigh their negative externalities, social optimality requires a balance between relationship and spot transactions. The current institution comes reasonably close to achieving this balance, as the friction generated by the incompleteness of the current fixed-rate contracts acts as a partial corrective tax on relationship transactions. Overall, the current institution achieves 92% of the market-level first-best surplus, despite achieving only 64% of the relationship-level first-best surplus
