Similar Search Results

Learning from Ricardo and Thompson : Machinery and Labor in the Early Industrial Revolution, and in the Age of AI

Acemoglu, Daron; Johnson, Simon - National Bureau of Economic Research - 2024

David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...

Persistent link: https://www.econbiz.de/10014544695

Employment and Community : Socioeconomic Cooperation and Its Breakdown

Acemoglu, Daron; Wolitzky, Alexander - National Bureau of Economic Research - 2024

We propose a model of the interplay of employment relationships and community-based interactions among workers and … workplace favor exchange). Both workers and managers also exert effort in providing community benefits. The threat of losing … access to community benefits can motivate managers to keep employment soft; conversely, the threat of losing future …

Persistent link: https://www.econbiz.de/10015056099

A Model of Behavioral Manipulation

Acemoglu, Daron; Makhdoumi, Ali; Malekian, Azarakhsh; … - National Bureau of Economic Research - 2023

We build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n products to a user who slowly learns product quality. User learning depends on a product's "glossiness,' which captures attributes that make products appear more attractive than they...

Persistent link: https://www.econbiz.de/10014437003

Equilibrium analysis in behavioural one-sector growth models

Acemoglu, Daron; Jensen, Martin Kaae - In: The review of economic studies : RES 91 (2024) 2, pp. 599-640

Rich behavioural biases, mistakes, and limits on rational decision-making are often thought to make equilibrium analysis much more intractable. We establish that this is not the case in the context of one-sector growth models such as Ramsey-Cass-Koopmans or Bewley-Aiyagari models. We break down...

Persistent link: https://www.econbiz.de/10014528660

When does labor scarcity encourage innovation?

Acemoglu, Daron - 2009

Persistent link: https://www.econbiz.de/10003836054

Power fluctuations and political economy

Acemoglu, Daron; Golosov, Michail Ju.; Tsyvinksi, Aleh - 2009

Persistent link: https://www.econbiz.de/10003892883

The economics of labor coercion

Acemoglu, Daron; Wolitzky, Alexander - 2009

Persistent link: https://www.econbiz.de/10003916173

Innovation by entrants and incumbents

Acemoglu, Daron; Cao, Dan Vu - 2010

Persistent link: https://www.econbiz.de/10008688908

Dynamics of information exchange in endogenous social networks

Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. - 2010

Persistent link: https://www.econbiz.de/10008695798

Institutions, factor prices and taxation : virtues of strong states?

Acemoglu, Daron - 2010

"Many of the most pernicious economic institutions and policies create entry barriers or manipulate factor prices to transfer resources from entrepreneurs and workers to groups that hold political power. These inefficiencies partly result from the fact that direct and efficient fiscal...

Persistent link: https://www.econbiz.de/10003937830

1
2
3
4
5
6
7
8
Next
Last