Behavioral economics
Behavioral economics

Behavioral economics

Artificial Intelligence Automation Behavioral economics Business and management Inequality Labor and jobs Research School of Humanities Arts and Social Sciences Social sciences Technology and society

Study: Firms often use automation to control certain workers’ wages

MIT economists found US companies tend to target employees earning a “wage premium,” which increases inequality but not necessarily productivity.

Algorithms Artificial Intelligence Behavior Behavioral economics Computer science and technology Data Economics Electrical engineering and computer science (EECS) Faculty Laboratory for Information and Decision Systems (LIDS) machine learning MIT Schwarzman College of Computing Profile School of Engineering School of Humanities Arts and Social Sciences Technology and society

The sweet taste of a new idea

Sendhil Mullainathan brings a lifetime of unique perspectives to research in behavioral economics and machine learning.

Abdul Latif Jameel Poverty Action Lab (J-PAL) Algorithms Artificial Intelligence Behavior Behavioral economics Business and management Classes and programs Data Economics Electrical Engineering & Computer Science (eecs) Health Care Health sciences and technology Industry Leadership machine learning MIT Schwarzman College of Computing School of Engineering School of Humanities Arts and Social Sciences Technology and policy

A data-driven approach to making better choices

In the new economics course 14.163 (Algorithms and Behavioral Science), students investigate the deployment of machine-learning tools and their potential to understand people, reduce bias, and improve society.