Impact of Artificial Intelligence on Economic Theory

Authors: Tshilidzi Marwala

arXiv: 1509.01213v1 - DOI (q-fin.GN)

Abstract: Artificial intelligence has impacted many aspects of human life. This paper studies the impact of artificial intelligence on economic theory. In particular we study the impact of artificial intelligence on the theory of bounded rationality, efficient market hypothesis and prospect theory.

Submitted to arXiv on 01 Jul. 2015

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