B1736
Title: Economic biases and algorithms
Authors: Patrick Waelbroeck - Telecom Paris (France) [presenting]
Abstract: Biases in algorithms that result from cognitive biases and economic biases are discussed. A review of the main sources of biases is presented and the mechanism through biases related to economic strategies arise are analysed. Solution based on semi-structural modelling are compared with both reduced form and full structural estimations in econometrics.
