The advancement in FinTech especially artificial intelligence (AI) and machine learning (ML), has significantly affected the way financial services are offered and adopted today. Important financial decisions such as investment decision making, macroeconomic analysis, and credit evaluation are...

The paper explores algorithmically created personalized wages: what they are, what they mean, and what we can do about them. First, it establishes a taxonomy of five different forms of algorithmic wage differentiation: productivity-based wage adjustments, wages shifted through incentive bonuses...

Consumer choices are increasingly mediated by algorithms, which use data on those past choices to infer consumer preferences and then curate future choice sets. Behavioral economics suggests one reason these algorithms so often fail: choices can systematically deviate from preferences. For...

Das wertschöpfende Potenzial von Business Analytics und Daten im Unternehmen nutzen."Dieses Buch liefert einen strukturierten Überblick über die verschiedenen Prozessschritte von Business Analytics. Im Fokus stehen dabei weniger technisch-mathematische, sondern vielmehr anwendungsspezifische...