Showing 1 - 10 of 10,427
Persistent link: https://www.econbiz.de/10003792612
We provide a technique for constructing optimal multiattribute screening contracts in a general setting with one-dimensional types based on necessary optimality conditions. Our approach allows for type-dependent participation constraints and arbitrary risk profiles. As an example we discuss...
Persistent link: https://www.econbiz.de/10012978605
Persistent link: https://www.econbiz.de/10012242668
Persistent link: https://www.econbiz.de/10012053169
Persistent link: https://www.econbiz.de/10012052087
Persistent link: https://www.econbiz.de/10013177959
Persistent link: https://www.econbiz.de/10012063414
Persistent link: https://www.econbiz.de/10012196473
Increasingly, algorithms make socially consequential decisions. This makes it crucial to determine when their decisions are discriminatory and how to prevent this outcome. While algorithmic decision-making has proven to be a challenge for traditional anti-discrimination law, there is an...
Persistent link: https://www.econbiz.de/10014106270
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/10014263022