The Nexus between Artificial Intelligence and Economics [electronic resource] / by Ad. J. W. van de Gevel, Charles N. Noussair.
By: van de Gevel, Ad. J. W [author.].
Contributor(s): Noussair, Charles N [author.] | SpringerLink (Online service).
Material type:
BookSeries: SpringerBriefs in Economics: Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2013Description: VIII, 115 p. 1 illus. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783642336485.Subject(s): Artificial intelligence | Economic theory | Behavioral economics | Microeconomics | Economics | Microeconomics | Artificial Intelligence (incl. Robotics) | Behavioral/Experimental Economics | Economic Theory/Quantitative Economics/Mathematical MethodsAdditional physical formats: Printed edition:: No titleDDC classification: 338.5 Online resources: Click here to access online Introduction -- Technological Progress: Logistic Growth or Singularity -- Artificial Intelligence -- Artificial Happiness -- Issues in Artificial Intelligence -- Artificial Intelligence in Economics: ACE -- Economics of Artificial Intelligence -- State of the Art, Challenges for AGI.
The manuscript reviews some key ideas about artificial intelligence, and relates them to economics. These include its relation to robotics, and the concepts of synthetic emotions, consciousness, and life. The economic implications of the advent of artificial intelligence, such as its effect on prices and wages, appropriate patent policy, and the possibility of accelerating productivity, are discussed. The growing field of artificial economics and the use of artificial agents in experimental economics is considered.
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