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Computer Mediated Transactions
This video was recorded at 21st International Joint Conference on Artificial Intelligence (IJCAI), Pasadena. These days nearly every economic transaction involves a computer in some form or other. What does this mean for economics? I argue that the ubiquity of computers enables new and more efficient contractual forms, better alignment of incentives, more sophisticated data extraction and analysis, creates an environment for controlled experimentation, and allows for personalization and customization. I review some of the long and rich history of these phenomena and describe some of their implications for current and future practices.
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This work is licensed under a Attribution-NonCommercial-NoDerivs 3.0 United States
