| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25976 |
| 来源ID | Working Paper 25976 |
| How do Humans Interact with Algorithms? Experimental Evidence from Health Insurance | |
| M. Kate Bundorf; Maria Polyakova; Ming Tai-Seale | |
| 发表日期 | 2019-06-24 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Algorithms are increasingly available to help consumers make purchasing decisions. How does algorithmic advice affect human decisions and what types of consumers are likely to use such advice? We use data from a randomized controlled trial of algorithmic advice in the context of prescription drug insurance to examine these questions. We propose that algorithmic recommendations can affect decision-making by influencing consumer beliefs about either product features (learning) or how to value those features (interpretation). We use data from the trial to estimate the importance of each mechanism. We find evidence that algorithms influence choices through both channels. Further, we document substantial selection into the use of algorithmic expert advice. Consumers who we predict would have responded more to algorithmic advice were less likely to demand it. Our results raise concerns regarding the ability of algorithmic advice to alter consumer preferences as well as the distributional implications of greater access to algorithmic advice. |
| 主题 | Microeconomics ; Households and Firms ; Economics of Information ; Behavioral Economics ; Financial Economics ; Financial Institutions ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health |
| URL | https://www.nber.org/papers/w25976 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583650 |
| 推荐引用方式 GB/T 7714 | M. Kate Bundorf,Maria Polyakova,Ming Tai-Seale. How do Humans Interact with Algorithms? Experimental Evidence from Health Insurance. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25976.pdf（4396KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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