% WARNING: This file may contain UTF-8 (unicode) characters. % While non-8-bit characters are officially unsupported in BibTeX, you % can use them with the biber backend of biblatex % usepackage[backend=biber]{biblatex} @techreport{NBERw24282, title = "How Artificial Intelligence and Machine Learning Can Impact Market Design", author = "Milgrom, Paul R and Tadelis, Steven", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "24282", year = "2018", month = "February", doi = {10.3386/w24282}, URL = "http://www.nber.org/papers/w24282", abstract = {In complex environments, it is challenging to learn enough about the underlying characteristics of transactions so as to design the best institutions to efficiently generate gains from trade. In recent years, Artificial Intelligence has emerged as an important tool that allows market designers to uncover important market fundamentals, and to better predict fluctuations that can cause friction in markets. This paper offers some recent examples of how Artificial Intelligence helps market designers improve the operations of markets, and outlines directions in which it will continue to shape and influence market design.}, }