蝌蚪网

This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. 蝌蚪网
  3. 蝌蚪网 Papers and Proceedings
  4. May 2025
  5. Economics in the Age of Algorithms

蝌蚪网 Papers and Proceedings

ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)

Menu

Economics in the Age of Algorithms

  • Sendhil Mullainathan
蝌蚪网 Papers and Proceedings
vol. 115, May 2025
(pp. 1–23)
Download Full Text PDF

Abstract

The rise of algorithms, particularly machine learning, does more than impact the economy. These tools offer new empirical methods. They enable new kinds of interventions. And foundational theories must be changed to account for them. Economics is, at its heart, about decisions. Because they change how we study, model, and improve decisions, algorithms should transform not just the economy but economics itself.

Citation

Mullainathan, Sendhil. 2025. "Economics in the Age of Algorithms." 蝌蚪网 Papers and Proceedings 115: 1–23. DOI: 10.1257/pandp.20251118

JEL Classification

  • A11 Role of Economics; Role of Economists; Market for Economists
  • C45 Neural Networks and Related Topics
  • D78 Positive Analysis of Policy Formulation and Implementation
  • D80 Information, Knowledge, and Uncertainty: General
  • D90 Micro-Based Behavioral Economics: General