Showing 1 - 10 of 234
The COVID-19 pandemic has upended health and living standards around the world. This article provides an interim …-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and …
Persistent link: https://www.econbiz.de/10012660017
Persistent link: https://www.econbiz.de/10013264405
Standard measures of bodyweight (overweight and obese, for example) fail to reflect technological progress over time - and in particular, recent progress disproportionately promoting longevity at higher bodyweights (and differences in access to it). This paper builds on the pioneering work of...
Persistent link: https://www.econbiz.de/10012533362
new quasi-experimental tools to measure the impact of human discretion over an algorithm on the accuracy of decisions … judges in our setting underperform the algorithm when they make a discretionary override, with most making override decisions … that are no better than random. Yet the remaining 10% of judges outperform the algorithm in terms of both accuracy and …
Persistent link: https://www.econbiz.de/10014372504
The behavior of artificial intelligences algorithms (AIAs) is shaped by how they learn about their environment. We compare the prices generated by AIAs that use different learning protocols when there is market interaction. Asynchronous learning occurs when the AIA only learns about the return...
Persistent link: https://www.econbiz.de/10012496088
Increasingly, retailers have access to better pricing technology, especially in online markets. Using hourly data from five major online retailers, we show that retailers set prices at regular intervals that differ across firms. In addition, faster firms appear to use automated pricing rules...
Persistent link: https://www.econbiz.de/10012533409
algorithm in terms of model complexity or the number of predictors to accommodate. Each firm then appoints a data analyst that … uses the chosen algorithm to estimate demand for multiple consumer segments, based on which, it devises a targeting policy …
Persistent link: https://www.econbiz.de/10014247922
You May Know (people choose friends fairly deliberately). We find significant out-group bias in the News Feed algorithm (e … detectable bias in the PYMK algorithm. Together, these results suggest a need to rethink how large-scale algorithms use data on …
Persistent link: https://www.econbiz.de/10014226178
This paper develops a foundation for a consumer's preference for data privacy by linking it to the desire to hide behavioral vulnerabilities. Data sharing with digital platforms enhances the matching efficiency for standard consumption goods, but also exposes individuals with self-control issues...
Persistent link: https://www.econbiz.de/10014287351
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new micro-level consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Persistent link: https://www.econbiz.de/10013537786