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Algorithms are taking over decision-making in business. In this paper, we study the effects associated with algorithm aversion in a distribution channel comprising one supplier and one retailer. In this context, algorithm aversion is defined as a cognitive bias that the retailer obeys inferior...
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This paper is the first to use the WeChat platform, one of the largest social networks, to conduct an online experiment of artificial investment games. We investigate how people's forecasts about the financial market and investment decisions are shaped by whether they can observe others'...
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