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When Will Workers Follow an Algorithm?: A Field Experiment with a Retail Business

作者: 发布时间:2018-10-18 点击数:
主讲人:Kohei Kawaguchi
主讲人简介:

Assistant Professor, School of Economics, Hong Kong University of Science and Technology.

Prof. Kawaguchi's CV.

主持人:Chao Ma
讲座简介:

This paper studies if and under what conditions workers follow an algorithm, in the context of experimentation with product assortments for beverage vending machines. I develop an algorithm to automate the human task, and use simulation to show that it increases revenue. I then conduct a field experiment where I introduce the algorithm. However, it fails to increase revenue, because workers are not willing to follow it. They follow only when their opinions are integrated. Workers having more regret from the last business semester follow the algorithmic advice more, and less when their opinions are integrated.

时间:2018-10-18(Thursday)16:40-18:00
地点:N302, Econ Building
讲座语言:English
主办单位:WISE&SOE
承办单位:
期数:高级经济学系列讲座2018秋季学期第二讲(总第408讲)
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