Mechanisms in a Digitalized World

Due to computing and communication facilities, formal procedures, often referred to as ‘algorithms’, are now extensively used in public, economic and social areas. These procedures, currently at the forefront of criticisms, share some features with mechanisms as defined by economists, following Hurwicz. My aim is to investigate these relationships and to discuss some of the economic risks generated by the power of algorithms.

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Year of publication:	2018
Authors:	Demange, Gabrielle
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	mechanisms \| algorithms \| algorithmic pricing and trading \| social choice rule \| data \| Admission post-bac

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Series:	CESifo Working Paper ; 6984
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1019493364 [GVK] hdl:10419/180246 [Handle] RePec:ces:ceswps:_6984 [RePEc]
Classification:	D44 - Auctions ; d47 ; D71 - Social Choice; Clubs; Committees; Associations ; D82 - Asymmetric and Private Information
Source:	EconStor

Persistent link: https://www.econbiz.de/10011872041