While many companies use algorithms to optimize their pricing, additional human oversight and price interventions are widespread. Human intervention can correct algorithmic flaws and introduce private information into the pricing process, but it may also be based on less sophisticated pricing...

Dieses Buch untersucht menschliche Entscheidungsfindung und erklärt wie die Verhaltenswissenschaft Menschen helfen kann, rationalere Entscheidungen zu treffen. Moderne ökonomische Erkenntnisse werden realitätsnah auf politische Themen angewandt, um verhaltensorientiert dem Gemeinwohl zu...

Verhaltensökonomie -- Digitale Verhaltensökonomie -- Verhaltensökonomie und Finanzierung -- Finanzverhaltensweisen -- Marktkommunikation -- Künstliche Intelligenz -- Big Data Ethik -- Diskussion -- Fazit.

This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making - and for the corresponding causes and consequences. The analysis is based on move-by-move data from chess tournaments and an identification strategy that compares behavior of...

We examine how the return predictability of deep learning models varies with stocks’ vulnerability to investors’ behavioral biases. Using an extensive list of anomaly variables, we find that the long-short strategy based on deep learning signals generates greater returns for stocks that are...