Introduction -- Housing Reform and the Housing Market in Urban China -- Theoretical Background: Affordability and Its Measurement -- Housing Affordability in Urban China: National Study -- Housing Affordability in urban China: Regional Study -- Effects of Housing Policy on Affordability --...

How good is AI at persuading humans to perform costly actions? We study calls made to get delinquent consumer borrowers to repay. Regression discontinuity and a randomized experiment reveal that AI is substantially less effective than human callers. Replacing AI with humans six days into...