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We study how researchers can apply machine learning (ML) methods in finance. We first establish that the two major categories of ML (supervised and unsupervised learning) address fundamentally different problems than traditional econometric approaches. Then, we review the current state of...
Persistent link: https://www.econbiz.de/10013466167
How is algorithmic model interpretability related to human acceptance of algorithmic recommendations and performance on decision-making tasks? We explored these questions in a multi-method field study of a large multinational fashion organization. We first conducted a quantitative field...
Persistent link: https://www.econbiz.de/10014243961
As artificial intelligence (AI) becomes more deeply implied in everyday life, it takes a more prominent role in decision-making in every industry. As Joseph Fuller, a professor of management practice at Harvard Business School, said: "Virtually every big company now has multiple AI systems and...
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Industrial Symbiosis (IS) is a collaborative cross-sectoral approach to connect the resource supply and demand of various industries in order to optimize the resource use through exchange of materials, energy, water and human resources across different companies, while generating ecological,...
Persistent link: https://www.econbiz.de/10012203656
This whitepaper based on the "Algorithms and Agency in Hospitals" project delves into the effects of digital transformation on the work of healthcare professionals and seeks methods to represent their interests throughout this process. Two case studies were carried out in collaboration with...
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