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The Role of Diagnostic Ability in Markets for Expert Services

Liu, Fang; Rasch, Alexander; Schwarz, Marco Alexander; … - 2020

possible. However, inefficient equilibria can also exist. If, in equilibrium, experts provide diagnosis-independent treatments …

Persistent link: https://www.econbiz.de/10012425610

Bao, Yongping; Danwitz, Ludwig; Dvorak, Fabian; … - 2022

Algorithm-based decision support systems play an increasingly important role in decisions involving exploration tasks, such as product searches, portfolio choices, and human resource procurement. These tasks often involve a trade-off between exploration and exploitation, which can be highly...

Persistent link: https://www.econbiz.de/10014290098

Lifestyle Taxes in the Presence of Profit Shifting

Levaggi, Rosella - 2020

lifestyle taxes may exist. In general, the First Best sin tax cannot be levied if Governments are also interested in corporate … harder to impose significant lifestyle taxes. We also provide some insights about the effects that the international effort … to fight profit shifting may have on lifestyle taxes …

Persistent link: https://www.econbiz.de/10012839851

Should We Care (More) About Data Aggregation? Evidence from the Democracy-Growth-Nexus.

Gründler, Klaus; Krieger, Tommy - 2019

We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices. We observe that most of the available aggregation techniques produce indices that are often too favorable for autocratic regimes and too unfavorable for democratic regimes....

Persistent link: https://www.econbiz.de/10012018171

Does Scientific Progress Affect Culture? A Digital Text Analysis

Giorcelli, Michela; Lacetera, Nicola; Marinoni, Astrid - 2019

We study the interplay between scientific progress and culture through text analysis on a corpus of about eight million books, with the use of techniques and algorithms from machine learning. We focus on a specific scientific breakthrough, the theory of evolution through natural selection by...

Persistent link: https://www.econbiz.de/10012018190

Spatial inequality, geography and economic activity

Achten, Sandra; Leßmann, Christian - 2019

We study the effect of spatial inequality on economic activity. Given that the relationship is highly simultaneous in nature, we use exogenous variation in geographic features to construct an instrument for spatial inequality, which is independent from any man-made factors. Inequality measures...

Persistent link: https://www.econbiz.de/10012018238

Compliance effects of risk-based tax audits

Løyland, Knut; Raaum, Oddbjørn; Torsvik, Gaute; … - 2019

Tax administrations use machine learning to predict risk scores as a basis for selecting individual taxpayers for audit. Audits detect noncompliance immediately, but may also alter future filing behavior. This analysis is the first to estimate compliance effects of audits among high-risk wage...

Persistent link: https://www.econbiz.de/10012018307

Battling antibiotic resistance: can machine learning improve prescribing?

Ribers, Michael Allan; Ullrich, Hannes - 2019

Antibiotic resistance constitutes a major health threat. Predicting bacterial causes of infections is key to reducing antibiotic misuse, a leading driver of antibiotic resistance. We train a machine learning algorithm on administrative and microbiological laboratory data from Denmark to predict...

Persistent link: https://www.econbiz.de/10012052760

British Stock Market, BREXIT and Media Sentiments - A Big Data Analysis

Basak, Gopal K.; Das, Pranab Kumar; Marjit, Sugata; … - 2019

In this paper we show, using a Machine Learning Framework and utilising a substantial corpus of media articles on Brexit, confirmed evidence of co-integration and causality between the ensuing media sentiments and British currency. The novel contribution of this paper is that along with...

Persistent link: https://www.econbiz.de/10012052866

Early Detection of Students at Risk – Predicting Student Dropouts Using Administrative Student Data and Machine Learning Methods

Berens, Johannes; Schneider, Kerstin; Görtz, Simon; … - 2018

To successfully reduce student attrition, it is imperative to understand what the underlying determinants of attrition are and which students are at risk of dropping out. We develop an early detection system (EDS) using administrative student data from a state and a private university to predict...

Persistent link: https://www.econbiz.de/10011932009