… to reflect human values. Every day, physicians and judges make high-stakes decisions under intense time pressure and … an open question whether AI systems can be trained to make high-quality decisions in complex cases where outcomes … emphasizes that most professional decisions occur in the “long tail”: rare, complex, poorly labeled situations where …

… celebrated Cowles 16 th Annual Conference on General Equilibrium and its Applications and the 65 th Birthday of … Sebastian Merkel, Alp Simsek, Maryam Farboodi, Stavros Panageas, Xavier Gabaix, Jeremy Bulow, Omer Tamuz, Costis … Sebastian Merkel, Alp Simsek, Maryam Farboodi, Stavros Panageas, Xavier Gabaix, Jeremy Bulow, Omer Tamuz, Costis …

… to the unanticipated 1929 stock market crash in order to make economics more mathematical and thus less prone to … with divisible goods. Inspired by a conversation during a long walk with Shubik from Harlem to Sutton Place, he showed … “His contributions to our field of discourse were nothing short of breathtaking, and he was absolutely the best …

… borrows the mathematical engine of AI—the ReLU function—to make complex economic estimations faster, easier, and interpretable. Economists have long struggled with the computational difficulty of … switches that snap from zero to one. These rigid switches make the math "nonsmooth," meaning standard computer …

… Cowles Foundation Hosts 18th Annual Conference on General Equilibrium … May 9, 2024 | News Cowles Foundation Hosts 18th Annual Conference on General Equilibrium by Luke Strathmann James R Anderson Photography … came together for the 18th Annual Conference on General Equilibrium (GE) and its Applications. This year's conference …

… to this trend, in the form of a prominent outlet for short papers.” In the spirit of brevity, AER: Insights hopes … in the Review of Economics and Statistics in 1954. To make AER: Insights one of “the most efficient journals in the … off slowly, as economists are not in the habit of writing short papers, but then hope that they pick up.”  Although …

… of the other’s strategies or actions but needing to make an educated guess, faced overwhelming incentives that … products,” he says. “We can say anything we want”—just as long as prospective customers feel good about themselves. He … reflection, “at least it makes me feel good about me.” In short: It was toasted. Economist Larry Samuelson on …

… is sponsoring the 13th annual Conference on General Equilibrium and its Applications, April 28-29, 2017. The … the U.S. and abroad specializing in the study of general equilibrium (GE) economics. In its simplest definition, “general equilibrium means supply and demand among many different …

… came together for the 17th Annual Conference on General Equilibrium (GE) and its Applications. This is the first … wide range of themes, showcasing the relevance of General Equilibrium for other fields, including macroeconomics, … setting and organization of the 17th Annual Cowles General Equilibrium Conference in the new Economics Department was …