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An Economic Approach to Regulating Algorithms

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NBER2020-05-01 更新2025-01-04 收录
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There is growing concern about "algorithmic bias" - that predictive algorithms used in decision-making might bake in or exacerbate discrimination in society. We argue that such concerns are naturally addressed using the tools of welfare economics. This approach overturns prevailing wisdom about the

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2020-05-01
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