Bids will exceed funds
نویسندگان
چکیده
منابع مشابه
When Will AI Exceed Human Performance? Evidence from AI Experts
Advances in artificial intelligence (AI) will transform modern life by reshaping transportation, health, science, finance, and the military [1, 2, 3]. To adapt public policy, we need to better anticipate these advances [4, 5]. Here we report the results from a large survey of machine learning researchers on their beliefs about progress in AI. Researchers predict AI will outperform humans in man...
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We document a novel bidding pattern observed in procurement auctions from Japan: winning bids tend to be isolated. We prove that in a general class of models, missing bids robustly indicate non-competitive behavior. In addition, we provide evidence that missing bids coincide tightly with known cartel activity. Finally, we show that missing bids are consistent with efficient collusion in environ...
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ژورنال
عنوان ژورنال: Nature
سال: 1990
ISSN: 0028-0836,1476-4687
DOI: 10.1038/345468a0