Measuring Preferences for Algorithms

We suggest a simple method to elicit individual preferences for algorithms. By altering the monetary incentives for ceding control to the algorithm, the menu-based approach allows for measuring, in particular, the degree of algorithm aversion. Using an experiment, we elicit preferences for algorithms in an environment with measurable performance accuracy under two conditions

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Year of publication:	2024
Authors:	Ivanova-Stenzel, Radosveta ; Tolksdorf, Michel
Publisher:	München und Berlin : Ludwig-Maximilians-Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition
Subject:	Algorithm Aversion \| Delegation \| Experiment \| Preferences

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Series:	Discussion Paper ; 508
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	194979296X [GVK] hdl:10419/336558 [Handle] RePEc:rco:dpaper:508 [RePEc]
Classification:	C91 - Laboratory, Individual Behavior ; D83 - Search, Learning, Information and Knowledge ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Source:	EconStor

Persistent link: https://www.econbiz.de/10015596045