On the strategic interaction of AI advisors and human managers
The paper “Strategic Responses to Algorithmic Recommendations: Evidence from Hotel Pricing” by Daniel Garcia (U Vienna), Juha Tolvanen (U Tor Vergata Rome), and Alexander K. Wagner (PLUS) is now available in Management Science, a top journal for research in Business, Economics and Management. The paper theoretically and empirically studies the strategic interaction between an algorithmic AI advisor that recommends prices and a human manager who sets prices based on the algorithm’s price recommendations in the context of hotel room pricing.
Research seminar by Dieter Pennerstorfer (JKU Linz)
7 May at 5:00PM (on-site) | Dieter Pennerstorfer (JKU Linz) will present the paper “Do co-ethnic commuters disseminate labor market information? Evidence from geocoded register data” in the next PLUS Economics Research Seminar. The presentation will take place in HS 212 (CHU1OG2.286). Looking forward to seeing you in the seminar!
Research seminar by Gary Koop (Uni Strathclyde)
11 June at 5:00PM (on-site) | Gary Koop (Uni Strathclyde) will present the paper “Incorporating Micro Data into Macro Models using Pseudo VARs“ in the next PLUS Economics Research Seminar. The presentation will take place in HS 212 (CHU1OG2.286). Looking forward to seeing you in the seminar!
