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来源类型Working Paper
规范类型报告
DOI10.3386/w29995
来源IDWorking 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
URLhttps://www.nber.org/papers/w29995
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587668
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GB/T 7714
Joshua S. Gans. AI Adoption in a Monopoly Market. 2022.
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