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We design and implement an iterative, program-proposing deferred acceptance mechanism with ties (IDAT) and apply it to childcare assignment in two German cities. The mechanism can accommodate complementarities in providers' preferences, is fast to terminate even in larger cities, is difficult to...
Persistent link: https://www.econbiz.de/10012694261
of participants (over 60%) prefer the algorithm as a decision maker over a human—but this is not driven by concerns over … decisions algorithmic decision-makers might be preferred, but actual performance of the algorithm plays an important role in how …
Persistent link: https://www.econbiz.de/10014495065
Are people algorithm averse, as some previous literature indicates? If so, can the retention of human oversight … made. In line with automation bias, participants adjust the recommendations that stem from an algorithm by less than those …
Persistent link: https://www.econbiz.de/10014495079
setting, humans cannot verify the algorithm's quality. We, therefore, argue that algorithms exhibit traits of a credence good … intervention, we explain the way the algorithm functions. We find that while explanation helps participants recognize bias in the … algorithm, it remarkably decreases human decision-making performance. In the second treatment, we reveal the task's correct …
Persistent link: https://www.econbiz.de/10013499021
We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...
Persistent link: https://www.econbiz.de/10012438251
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