This paper explores how firms that lack expertise in machine learning (ML) can leverage the so-called AI Flywheel effect. This effect designates a virtuous cycle by which as an ML product is adopte…
Arrow et al. [Arrow K, Blackwell D, Girshick M (1949) Bayes and minimax solutions of sequential decision problems. Econometrica 17(3/4):213–244.] introduced the first sequential search problem â€â€¦
This paper explores how governments may efficiently inform the public about an epidemic to induce compliance with their confinement measures. Using an information design framework, we find the gove…