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From Predictive Algorithms to Automatic Generation of Anomalies
Mullainathan, Sendhil; Rambachan, Ashesh - National Bureau of Economic Research - 2024
Machine learning algorithms can find predictive signals that researchers fail to notice; yet they are notoriously hard-to-interpret. How can we extract theoretical insights from these black boxes? History provides a clue. Facing a similar problem - how to extract theoretical insights from their...
Persistent link: https://www.econbiz.de/10014544701
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Automating Automaticity : How the Context of Human Choice Affects the Extent of Algorithmic Bias
Agan, Amanda Y.; Davenport, Diag; Ludwig, Jens; … - National Bureau of Economic Research - 2023
preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices …
Persistent link: https://www.econbiz.de/10014226178
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Unpacking Social Capital
Durante, Ruben; Mastrorocco, Nicola; Minale, Luigi; … - National Bureau of Economic Research - 2023
We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...
Persistent link: https://www.econbiz.de/10014248001
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Working papers / National Bureau of Economic Research, Inc.
National Bureau of Economic Research - Cambridge, Mass. : [Verlag nicht ermittelbar] - 1.1973 -
Persistent link: https://www.econbiz.de/10001424445
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NBER reporter online
National Bureau of Economic Research - Cambridge, Mass. : NBER - 1977,Apr. - 1980; 1981/82 - 2006/07; 2008 -
Persistent link: https://www.econbiz.de/10001513829
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The Slowdown of the Economics Publishing Process
Ellison, Glenn - 2000
top economics journal. This paper documents the slowdown and notes that a substantial part is due to an increasing … quality. Various time series are examined for evidence that the economics profession has changed along these dimensions. Paper … process. It is difficult to attribute much of the slowdown to observable changes in the economics profession. Evolving social …
Persistent link: https://www.econbiz.de/10012470946
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Marshall's Economies
Henderson, Vernon - 1999
This paper estimates the nature and magnitude of the local externalities from own industry scale, as envisioned by Marshall. Census panel data on individual plants in high-tech and machinery industries across up to 487 countries are utilized, to quantify the direct effects of local external...
Persistent link: https://www.econbiz.de/10012471426
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Can Capital Mobility be Destabilizing?
Meng, Qinglai - 1999
In a standard two-sector neoclassical model with distortions, capital mobility can render the steady state indeterminate, in the sense that there exist infinitely many convergent paths. In the closed economy with no international capital mobility, the utility function must be linear or close to...
Persistent link: https://www.econbiz.de/10012471527
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A Rent-Protection Theory of Corporate Ownership and Control
Bebchuk, Lucian Arye - 1999
This paper develops a rent-protection theory of corporate ownership structure - and in particular, of the choice between concentrated and dispersed ownership of corporate shares and votes. The paper analyzes the decision of a company's initial owner whether to maintain a lock on control when the...
Persistent link: https://www.econbiz.de/10012471585