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We examine how machine learning can be used to improve and understand human decision-making. In particular, we focus on … released. This is a promising machine learning application because it is a concrete prediction task for which there is a large … results suggest that while machine learning can be valuable, realizing this value requires integrating these tools into an …
Persistent link: https://www.econbiz.de/10012962719
in India for quot;lower-castequot; groups. We find that it successfully targets the financially disadvantaged: the …
Persistent link: https://www.econbiz.de/10012759394
In many countries, controlling shareholders are accused of tunneling, transferring resources from companies where they have few cash flow rights to ones where they have more cash flow rights. Quantifying the extent of such tunneling, however, has proven difficult because of its illicit nature....
Persistent link: https://www.econbiz.de/10012763282
A debt trap occurs when someone takes on a high-interest rate loan and is barely able to pay back the interest, and thus perpetually finds themselves in debt (often by re-financing). Studying such practices is important for understanding financial decision-making of households in dire...
Persistent link: https://www.econbiz.de/10012928320
Workers who are worried about their personal finances may find it hard to focus at work. If so, reducing financial concerns could by itself increase productivity. We test this hypothesis in a sample of low-income Indian piece rate manufacturing workers. We stagger when wages are paid out: some...
Persistent link: https://www.econbiz.de/10014238096