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traditional linking methods. Second, we use the links to construct a training data set for use in supervised machine learning …
Persistent link: https://www.econbiz.de/10012863272
unstructured and nontraditional data like text and images, and the use of fast and flexible Machine Learning (ML) algorithms in …We have seen in the past decade a sharp increase in the extent that companies use data to optimize their businesses …. Variously called the `Big Data' or `Data Science' revolution, this has been characterized by massive amounts of data, including …
Persistent link: https://www.econbiz.de/10012918102
In complex environments, it is challenging to learn enough about the underlying characteristics of transactions so as to design the best institutions to efficiently generate gains from trade. In recent years, Artificial Intelligence has emerged as an important tool that allows market designers...
Persistent link: https://www.econbiz.de/10012928311
conditions under which robotics and AI complement or are substituting for labor. Further, firm-level data would also allow for …-level data could be collected and used by academics, policymakers and other researchers …
Persistent link: https://www.econbiz.de/10012929542
disadvantages on educational outcomes. Using administrative data on the university entrance exam in Turkey we estimate cumulative … learning between the first and the nth attempt while controlling for selection into retaking in terms of observed and … unobserved characteristics. We find large learning gains measured in terms of improvements in the exam scores, especially among …
Persistent link: https://www.econbiz.de/10013072580
represent an understudied channel for this type of social learning. We study an environmentally-focused law in the shale gas …
Persistent link: https://www.econbiz.de/10012906299
, endogenous learning here eliminates that effect …
Persistent link: https://www.econbiz.de/10012946007
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently … shows that there is a fundamental statistical identification problem in trying to separate learning from exogenous … technological change and that the estimated learning coefficient will generally be biased upwards. Second, we present two empirical …
Persistent link: https://www.econbiz.de/10012758017
This paper develops a theory of expectations-driven business cycles based on learning. Agents have incomplete knowledge … model, the theoretical framework amplifies and propagates technology shocks. Improved correspondence with data arises from …
Persistent link: https://www.econbiz.de/10012770876
We study the perfect Bayesian equilibrium of a model of learning over a general social network. Each individual … characterize the conditions under which there will be asymptotic learning -- that is, the conditions under which, as the social … unbounded (meaning that the implied likelihood ratios are unbounded), there will be asymptotic learning as long as there is some …
Persistent link: https://www.econbiz.de/10012771797