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Our approach for automating the negotiation of business contracts proceeds in three broad steps. First, determine the structure of the negotiation process by applying general knowledge about auctions and domain-specific knowledge about the contract subject along with preferences from potential...
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What drives investment in automation technologies? This paper documents a positive relationship between labor … substantial share of cross-country variation in automation. The relationship between institutions and robots is stronger in sunk … invest in automation is to thwart rent appropriation by labor. As a consequence, policies aimed at supporting workers …
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a sample of advanced economies. Institutions explain a substantial proportion of cross-country variation in automation … vulnerable to holdup. This suggests that automation is used by producers as a tool to thwart rent appropriation by labor. …
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