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AI Adoption in a Monopoly Market

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NBER2022-05-01 更新2025-01-04 收录
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The adoption of artificial intelligence (AI) prediction of demand by a monopolist firm is examined. It is shown that, in the absence of AI prediction, firms face complex trade-offs in setting price and quantity ahead of demand that impact on the returns of AI adoption. Different industrial

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2022-05-01
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