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Some fear that personalised communication can lead to information cocoons or filter bubbles. For instance, a personalised news website could give more prominence to conservative or liberal media items, based on the (assumed) political interests of the user. As a result, users may encounter only...
Persistent link: https://www.econbiz.de/10012995566
Our society can benefit immensely from algorithmic decision-making and similar types of artificial intelligence. But algorithmic decision-making can also have discriminatory effects. This paper examines that problem, using online price differentiation as an example of algorithmic...
Persistent link: https://www.econbiz.de/10014105508
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Dutch abstract: Organisaties kunnen computers gebruiken om beslissingen over mensen te nemen: digitale differentiatie. Zo kunnen verzekeraars prijzen aanpassen aan individuele consumenten, en kan de overheid computers gebruiken voor fraudebestrijding. Zulke digitale differentiatie is vaak nuttig...
Persistent link: https://www.econbiz.de/10014348645
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10013503361
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10014262033
This paper discusses the troubled relationship between contemporary advertising technology (adtech) systems, in particular systems of real-time bidding (RTB, also known as programmatic advertising) underpinning much behavioural targeting on the web and through mobile applications. This paper...
Persistent link: https://www.econbiz.de/10014087773
We experimentally investigate the nature of cooperation in various repeated games, with subjects from Romania and USA. We find stark cross-country differences in the propensity to sustain multilateral cooperation through bilateral rewards and punishments. U.S. groups perform well because...
Persistent link: https://www.econbiz.de/10014163526
How can we maximize the common good? This is a central organizing question of public policy design, across political parties and ideologies. The answer typically involves the provisioning of public goods such as fresh air, national defense, and knowledge. Public goods are costly to produce but...
Persistent link: https://www.econbiz.de/10014037089
and the impartiality of its adjudicators. Yet compared to other international tribunals, WTO members exert considerable … national bias looking across the board. Yet we do find evidence of bias for AB chairs, suggesting that when adjudicators are … tweaks in institutional design increase political pressure on adjudicators, in ways that threaten impartiality. This holds …
Persistent link: https://www.econbiz.de/10014317087