Many cities with school choice programs employ algorithms to determine which applicants get seats in oversubscribed schools. This study explores whether the New Orleans placement algorithm favored students of certain races or socioeconomic classes via its use of priorities such as geographic and...

We audit the job recommender algorithms used by four Chinese job boards by creating fictitious applicant profiles that differ only in their gender. Jobs recommended uniquely to the male and female profiles in a pair differ modestly in their observed characteristics, with female jobs advertising...

Predictive AI is increasingly used to guide decisions on agents. I show that even a bias-neutral predictive AI can potentially amplify exogenous (human) bias in settings where the predictive AI represents a cost-adjusted precision gain to unbiased predictions, and the final judgments are made by...

Managing sustainable supply chain operations in dynamic three-dimensional (3D) environments is a significant challenge. Unmanned Aerial Vehicles (UAVs) offer transformative solutions to supply chains. This study aims to enhance sustainable supply chain management by considering new opportunities...

The standard approach to solving linear DSGE models is to apply the QZ method. It is a one-shot algorithm that leaves the researcher with little alternative than to seek a different algorithm should the result be numerically unsatisfactory. We develop an iterative implementation of QZ that...

Leib et al. (2024) examine how artificial intelligence (AI) generated advice affects dishonesty compared to equivalent human advice in a laboratory experiment. In their preferred empirical specification, the authors report that dishonesty-promoting advice increases dishonest behavior by...

When inter-arrival times between events follow an exponential distribution, this implies a Poisson frequency of events, as both models assume events occur independently and at a constant average rate. However, these assumptions are often violated in real-insurance applications. When the rate at...

Investigating how systemic risk originates and spreads across the financial system poses an inherently compositional question, i.e., a question concerning the joint distribution of relative risk share across several interdependent contributors. To address this question, we propose a weighted...

Summer Youth Employment Programs are known to have significant impacts on youth outcomes based on lotteries from oversubscribed programs. But most cities cannot use a lottery design due to heterogeneity across youth and jobs. How can programs achieve efficiency and equity under alternative...

We study the propensity of independent algorithms to collude in repeated Cournot duopoly games. Specifically, we investigate the predictive power of different oligopoly and bargaining solutions regarding the effect of asymmetry between firms. We find that both consumers and firms can benefit...

This paper investigates the impact of social media algorithms on mental health outcomes. I exploit a quasi-experimental setting combining data from the Dutch Longitudinal Internet Studies for the Social Sciences (LISS) coupled with the introduction of the algorithmic feed on Instagram in 2016. I...

Logistic regression is widely used in complex data analysis. When predictors are at individual level and the response at aggregate level, logistic regression can be estimated using the Maximum Likelihood Estimation (MLE) method with the joint likelihood function formed by Poisson binomial...