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Who benefits from AI? : project-level evidence on labor demand, operations and profitability
Yilmaz, Erdem Dogukan; Peukert, Christian - 2024
We examine how the adoption of digital automation technology affects labor demand, operations and profitability in the … context of the logistics industry. Our data covers 9,300 digital automation projects in a multinational company involving … labor cost increased after the adoption of digital automation technology, attributable to increased labor demand and more …
Persistent link: https://www.econbiz.de/10015057718
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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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British stock market, BREXIT and media sentiments - a big data analysis
Basak, Gopal Krishna; Pranab Kumar Das; 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/10012038978
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Do capital incentives distort technology diffusion? : evidence on cloud, big data and AI
DeStefano, Timothy; Johnstone, Nick; Kneller, Richard; … - 2024
The arrival of cloud computing provides firms a new way to access digital technologies as digital services. Yet, capital incentive policies present in every OECD country are still targeted towards investments in informational technology (IT) capital. If cloud services are partial substitutes for...
Persistent link: https://www.econbiz.de/10015071155
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Artificial intelligence and jobs : evidence from US commuting zones
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2023
the wage distribution. These results are consistent with the view that AI has contributed to the automation of jobs and to …
Persistent link: https://www.econbiz.de/10014383286
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The rise of generative AI : modelling exposure, substitution, and inequality effects on the US labour market
Auer, Raphael A.; Köpfer, David; Švéda, Josef - 2024
How exposed is the labour market to ever-advancing AI capabilities, to what extent does this substitute human labour, and how will it affect inequality? We address these questions in a simulation of 711 US occupations classified by the importance and level of cognitive skills. We base our...
Persistent link: https://www.econbiz.de/10015077845
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Demand estimation using managerial responses to automated price recommendations
García, Daniel; Tolvanen, Juha; Wagner, Alexander K. - 2021
We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic recommendations for price setting, and apply it to a dataset containing bookings for a sample of mid-sized hotels in Europe. Using non-binding algorithmic price recommendations and observed...
Persistent link: https://www.econbiz.de/10012534709
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The gender pay gap revisited with big data : do methodological choices matter?
Strittmatter, Anthony; Wunsch, Conny - 2021
The vast majority of existing studies that estimate the average unexplained gender pay gap use unnecessarily restrictive linear versions of the Blinder-Oaxaca decomposition. Using a notably rich and large data set of 1.7 million employees in Switzerland, we investigate how the methodological...
Persistent link: https://www.econbiz.de/10012438342
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Business strategy and firm reorganization under changing market conditions
Ghosal, Vivek - 2009
innovative activity in traditional industries such as pulp and paper. -- incremental innovation, ICT investments, modernization …
Persistent link: https://www.econbiz.de/10003850304
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Robots, marriageable men, family, and fertility
Anelli, Massimo; Giuntella, Osea; Stella, Luca - 2021
Robots have radically changed the demand for skills and the role of workers in production. This phenomenon has replaced routine and mostly physical work of blue collar workers, but it has also created positive employment spillovers in other occupations and sectors that require more social...
Persistent link: https://www.econbiz.de/10012652849