Artificial Intelligence and Economic Theory: Skynet in the Market

English, Tshilidzi Marwala, Evan Hurwitz, 2018
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"Artificial Intelligence and Economic Theory: Skynet in the Market" offers a comprehensive analysis of the impact of artificial intelligence on economic theories. The book updates fundamental economic concepts such as supply and demand, rational decision-making, behavioral economics, and price theory in the context of advanced human-machine systems. It highlights how artificial intelligence, inspired by concepts of natural intelligence, has transformed various disciplines, including economics. By introducing new economic theories, such as rational counterfactuals and rational opportunity costs, it presents an innovative approach to modeling markets and analyzing complex economic phenomena. The book is a valuable resource for professionals and students interested in the intersections between technology and economics.

Key specifications

Language
English
topic
Technology & IT
Author
Evan Hurwitz, Tshilidzi Marwala
Number of pages
204
Book cover
Paperback
Year
2018
Item number
56051746

General information

Publisher
Springer
Category
Reference books
Release date
11.3.2025

Book properties

topic
Technology & IT
Language
English
Author
Evan Hurwitz, Tshilidzi Marwala
Year
2018
Number of pages
204
Edition
2017
Book cover
Paperback
Year
2018

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