Showing 1 - 10 of 1,190
Does the salience of a topic affect polarization in related parliamentary debates? When discussing a salient topic, politicians might adopt more extreme stances to gain electoral consensus. Alternatively, they could converge towards more moderate positions to find a compromise. Using...
Persistent link: https://www.econbiz.de/10014340448
This paper presents a review of empirical methods used to assess the behavioral, economic, and political outcomes of Internet and social media usage. Instead of merely surveying the various impacts of the Internet, we examine the methods adopted to identify these impacts. We describe two main...
Persistent link: https://www.econbiz.de/10014454429
The use of artificial intelligence (AI) and algorithms by intelligence agencies requires the capability to counter their use by rival agencies. A formal-technical development of this capability can be assisted by decision theory, including behavioural economics. Peter J Phillips and Gabriela...
Persistent link: https://www.econbiz.de/10014087753
The purpose of central bank minutes is to give an account of monetary policy meeting discussions to outside observers, thereby enabling them to draw informed conclusions about future policy. However, minutes are by necessity a shortened and edited representation of a broader discussion....
Persistent link: https://www.econbiz.de/10012123491
Creativity is core to the human experience. The advent of generative artificial intelligence (GenAI) holds promise for humans to be more creative by offering new ideas and new paths of creative possibilities. However, ideas provided by GenAI may also anchor a human creator, resulting in less...
Persistent link: https://www.econbiz.de/10014343805
algorithm on data from past experiments. Examining the games where our algorithm predicts correctly, but existing economic …
Persistent link: https://www.econbiz.de/10012900561
This paper experimentally explores how compositional grammars in artificial codes emerge and are sustained. In a pure coordination game with no conflict of interest, the sender sends a message that is an arbitrary string from available symbols with no prior meaning to indicate an abstract...
Persistent link: https://www.econbiz.de/10012984483
There exists significant hype regarding how much machine learning and incorporating social media data can improve forecast accuracy in commercial applications. To assess if the hype is warranted, we use data from the film industry in simulation experiments that contrast econometric approaches...
Persistent link: https://www.econbiz.de/10012395580
Based on the work of Herbert A. Simon, the author critically reflects on the past and current state of crucial behavioural assumptions such as rational expectations and bounded rationality. Simon recognized that the core of every organization is the pattern underlying the division of tasks and...
Persistent link: https://www.econbiz.de/10012930502
In the age of technology and its rapid development, Artificial Intelligence (AI) has witnessed a rapid growth. Most of the websites we use and applications and products rely on AI whether the consumer is aware of it or not. Due to the tremendous growth in technology usage, several theories have...
Persistent link: https://www.econbiz.de/10012823777