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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29995 |
来源ID | Working Paper 29995 |
AI Adoption in a Monopoly Market | |
Joshua S. Gans | |
发表日期 | 2022-05-02 |
出版年 | 2022 |
语种 | 英语 |
摘要 | 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 environments with differing flexibility of prices and/or quantity ex post, also impact on AI returns as does the time horizon of AI prediction. While AI has positive benefits for firms in terms of profitability, its impact on average price and quantity, as well as consumer welfare, is more nuanced and critically dependent on environmental characteristics. |
主题 | Microeconomics ; Households and Firms ; Economics of Information ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w29995 |
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/587668 |
推荐引用方式 GB/T 7714 | Joshua S. Gans. AI Adoption in a Monopoly Market. 2022. |
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w29995.pdf(269KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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