Showing 1 - 10 of 245
Persistent link: https://www.econbiz.de/10011800142
Recent artificial intelligence advances can be seen as improvements in prediction. We examine how such predictions should be priced. We model two inputs into decisions: a prediction of the state and the payoff or utility from different actions in that state. The payoff is unknown, and can only...
Persistent link: https://www.econbiz.de/10011897906
Persistent link: https://www.econbiz.de/10011948939
We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, we develop and...
Persistent link: https://www.econbiz.de/10014454741
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany's retail gasoline market where algorithmic-pricing software became widely...
Persistent link: https://www.econbiz.de/10012286512
Persistent link: https://www.econbiz.de/10012597112
Persistent link: https://www.econbiz.de/10012491781
Persistent link: https://www.econbiz.de/10012498600
new business models. This paper analyses the extent to which the use of AI contributes to the innovation performance of … actively using AI in their business operations or products and services in 2019. The use of AI generated additional sales with …-first innovations in the German business sector. Firms that developed AI by combining in-house and external resources obtained …
Persistent link: https://www.econbiz.de/10012500899
Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market where algorithmic-pricing software became...
Persistent link: https://www.econbiz.de/10012263827