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Motivated by agentic markets -- two-sided markets in which consumers and businesses are assisted by AI tools that facilitate consumers' search -- we study the impact of improved search technology on learning and welfare in markets. We put…

In credence goods markets such as health care or repair services, consumers rely on experts with superior information to adequately diagnose and treat them. Experts, however, are constrained in their diagnostic abilities, which hurts market…

综合经济学 · 经济学 2025-04-28 Alexander Erlei , Lukas Meub

Recommender systems, while transformative in online user experiences, have raised concerns over potential provider-side fairness issues. These systems may inadvertently favor popular items, thereby marginalizing less popular ones and…

信息检索 · 计算机科学 2023-09-11 Saeedeh Karimi , Hossein A. Rahmani , Mohammadmehdi Naghiaei , Leila Safari

This paper studies optimal mechanisms for collecting and trading data. Consumers benefit from revealing information about their tastes to a service provider because this improves the service. However, the information is also valuable to a…

理论经济学 · 经济学 2026-01-29 Jiadong Gu

In search engines, online marketplaces and other human-computer interfaces large collectives of individuals sequentially interact with numerous alternatives of varying quality. In these contexts, trial and error (exploration) is crucial for…

人工智能 · 计算机科学 2017-04-04 Pantelis P. Analytis , Hrvoje Stojic , Alexandros Gelastopoulos , Mehdi Moussaïd

Exchange of services and resources in, or over, networks is attracting nowadays renewed interest. However, despite the broad applicability and the extensive study of such models, e.g., in the context of P2P networks, many fundamental…

计算机科学与博弈论 · 计算机科学 2015-04-09 Leonidas Georgiadis , George Iosifidis , Leandros Tassiulas

We present a model of competition between web search algorithms, and study the impact of such competition on user welfare. In our model, search providers compete for customers by strategically selecting which search results to display in…

计算机科学与博弈论 · 计算机科学 2013-10-16 David Kempe , Brendan Lucier

In recommendation literature, explainability and fairness are becoming two prominent perspectives to consider. However, prior works have mostly addressed them separately, for instance by explaining to consumers why a certain item was…

信息检索 · 计算机科学 2023-08-24 Ludovico Boratto , Francesco Fabbri , Gianni Fenu , Mirko Marras , Giacomo Medda

Current consumer-protection debates focus on the powerful new data-analysis techniques that have disrupted the balance of power between companies and their customers. Online tracking enables sellers to amass troves of historical data, apply…

综合经济学 · 经济学 2024-12-31 Gregory M. Dickinson

The rise of foundation models has driven the emergence of AI supply chains, where upstream foundation model providers offer fine-tuning and inference services to downstream firms developing domain-specific applications. Downstream firms pay…

理论经济学 · 经济学 2026-03-16 Sihan Qian , Amit Mehra , Dengpan Liu

Systems aiming to aid consumers in their decision-making (e.g., by implementing persuasive techniques) are more likely to be effective when consumers trust them. However, recent research has demonstrated that the machine learning algorithms…

人机交互 · 计算机科学 2021-07-06 Tim Draws , Zoltán Szlávik , Benjamin Timmermans , Nava Tintarev , Kush R. Varshney , Michael Hind

Most online platforms strive to learn from interactions with users, and many engage in exploration: making potentially suboptimal choices for the sake of acquiring new information. We study the interplay between exploration and competition:…

计算机科学与博弈论 · 计算机科学 2024-10-15 Guy Aridor , Yishay Mansour , Aleksandrs Slivkins , Zhiwei Steven Wu

How does competition in markets for information affect the creation and division of surplus? We study this question in a search environment in which an agent searches sequentially for a high-quality good and learns about the quality of…

理论经济学 · 经济学 2026-05-26 Teddy Mekonnen , Bobak Pakzad-Hurson

The last several years have brought a growing body of work on ensuring that recommender systems are in some sense consumer-fair -- that is, they provide comparable quality of service, accuracy of representation, and other effects to their…

信息检索 · 计算机科学 2022-09-09 Michael D. Ekstrand , Maria Soledad Pera

An expert seller chooses an experiment to influence a client's purchasing decision, but may manipulate the experiment result for personal gain. When credibility surpasses a critical threshold, the expert chooses a fully-revealing experiment…

理论经济学 · 经济学 2023-10-17 Xiaoxiao Hu , Haoran Lei

The widespread adoption of Large Language Models (LLMs) through Application Programming Interfaces (APIs) induces a critical vulnerability: the potential for dishonest manipulation by service providers. This manipulation can manifest in…

计算机科学与博弈论 · 计算机科学 2026-01-27 Yuhan Cao , Yu Wang , Sitong Liu , Miao Li , Yixin Tao , Tianxing He

In the current landscape of ever-increasing levels of digitalization, we are facing major challenges pertaining to scalability. Recommender systems have become irreplaceable both for helping users navigate the increasing amounts of data…

信息检索 · 计算机科学 2024-04-03 Bjørnar Vassøy , Helge Langseth

Recent scholarly work has extensively examined the phenomenon of algorithmic collusion driven by AI-enabled pricing algorithms. However, online platforms commonly deploy recommender systems that influence how consumers discover and purchase…

人工智能 · 计算机科学 2024-12-17 Xingchen Xu , Stephanie Lee , Yong Tan

Despite a growing desire among consumers to shop responsibly, translating this intention into behaviour remains challenging. Previous work has identified that information seeking (or lack thereof) is a contributing factor to this…

信息检索 · 计算机科学 2026-04-10 Frans van der Sluis , Leif Azzopardi

The increasing prominence of Socially Responsible Consumers has brought about a heightened focus on the ethical, environmental, social, and ideological dimensions influencing product purchasing decisions. Despite this emphasis, studies have…

人机交互 · 计算机科学 2026-04-07 Leif Azzopardi , Frans van de Sluis
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