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As algorithms often outperform humans in prediction, algorithm aversion is economically harmful. To enhance algorithm utilization, we suggest emphasizing their learning capabilities, i.e., their increasing predictive precision over time, through the explicit addition of a “learning” label....
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Information, Finance and General Equilibrium brings together the seminal papers on which Charles R. Plott has founded … risk bearing and information. It is here that the experimental foundations for rational expectations models are discovered …
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experimental democracy. In our experiment, we find that stark inequality is generally accepted provided a strong egalitarian in …
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