Working Paper

Mechanisms in a Digitalized World

Gabrielle Demange
CESifo, Munich, 2018

CESifo Working Paper No. 6984

Due to computing and communication facilities, formal procedures, often referred to as ‘algorithms’, are now extensively used in public, economic and social areas. These procedures, currently at the forefront of criticisms, share some features with mechanisms as defined by economists, following Hurwicz. My aim is to investigate these relationships and to discuss some of the economic risks generated by the power of algorithms.

CESifo Category
Economics of Digitization
Empirical and Theoretical Methods
JEL Classification: D440, D470, D710, D820