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Autor:innen: 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
CESifo Working Paper No. 6984
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
Due to computing and communication facilities, formal procedures, often referred to as ‘algorithms’, are now extensively used in public, economic and social areas. These procedures, currently at the forefront of criticisms, share some features with mechanisms as defined by economists, following Hurwicz. My aim is to investigate these relationships and to discuss some of the economic risks generated by the power of algorithms.
Schlagwörter: 
mechanisms
algorithms
algorithmic pricing and trading
social choice rule
data
Admission post-bac
JEL: 
D44
D47
D71
D82
Dokumentart: 
Working Paper
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