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Institutions, holdup and automation
Presidente, Giorgio - 2019
This paper documents a positive relationship between labor-friendly institutions and investment in industrial robots in a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation. The relationship between institutions and robots is...
Persistent link: https://www.econbiz.de/10012103580
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Optimal taxation of robots
Thuemmel, Uwe - 2018
complement non-routine labor. I show that while it is optimal to distort robot adoption, robots may be either taxed or subsidized …. The robot tax exploits general-equilibrium effects to compress the wage distribution. Wage compression reduces income …-tax distortions of labor supply, thereby raising welfare. In the calibrated model, the optimal robot tax for the US is positive and …
Persistent link: https://www.econbiz.de/10011926330
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The weekend effect : a trading robot and fractional integration analysis
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2014
financial markets. Two different methods are used: (i) a trading robot approach to examine whether or not there is such an …
Persistent link: https://www.econbiz.de/10010367366
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Airline schedule buffers and flight delays : a discrete model
Brueckner, Jan K.; Czerny, Achim Ingo; Gaggero, Alberto A. - 2020 - Version of August, 2020
This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner, Czerny and Gaggero (2020) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers...
Persistent link: https://www.econbiz.de/10012270584
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Airline mitigation of propagated delays : theory and empirics on the choice of schedule buffers
Brueckner, Jan K.; Czerny, Achim Ingo; Gaggero, Alberto A. - 2019
This paper presents an extensive theoretical and empirical analysis of the choice of schedule buffers by airlines. With airline delays a continuing problem around the world, such an undertaking is valuable, and its lessons extend to other passenger transportation sectors. One useful lesson from...
Persistent link: https://www.econbiz.de/10012110214
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Prices, schedules, and passenger welfare in multi-service transportation systems
Billette de Villemeur, Étienne; Vinella, Annalisa - 2019
We consider a multi-service transportation system in which passengers are heterogeneous along two dimensions, namely ideal departure time and value of time, leading to both horizontal and vertical differentiation. We investigate the behavior of passengers, and assess how service pricing and...
Persistent link: https://www.econbiz.de/10012103986
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Automation and employment over the technology life cycle : evidence from European regions
Jaccoud, Florencia; Petit, Fabien; Ciarli, Tommaso; … - 2024
This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot …
Persistent link: https://www.econbiz.de/10014490819
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The behavioral economics of artificial intelligence : lessons from experiments with computer players
March, Christoph - 2019 - This version: October 21, 2019
Artificial intelligence (AI) is starting to pervade the economic and social life rendering strategic interactions with artificial agents more and more common. At the same time, experimental economic research has increasingly employed computer players to advance our understanding of strategic...
Persistent link: https://www.econbiz.de/10012120215
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Robots, marriageable men, family, and fertility
Anelli, Massimo; Giuntella, Osea; Stella, Luca - 2021
participation declined, reducing the relative economic stature of men. Regions affected by intense robot penetration experienced …
Persistent link: https://www.econbiz.de/10012652849
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Robots and firms
Koch, Michael; Manuylov, Ilya; Smolka, Marcel - 2019
We study the implications of robot adoption at the level of individual firms using a rich panel data-set of Spanish … are the labor market effects of robot adoption at the firm level? (3) How does firm heterogeneity in robot adoption affect … literature to formalize the implications of robot technology. As for the first question, we establish robust evidence that ex …
Persistent link: https://www.econbiz.de/10011997063