TECHNICAL PAPERS

Max – a thought experiment: Could AI run the economy better than markets?

Edward A. (Ted) Parson
October 29, 2020 • This paper explores how recent advances in AI have re-opened questions around the feasibility and desirability of central economic planning. It presents a thought experiment about how an AI-directed economy might work, based on a powerful AI agent (whimsically named “Max”).

The social distancing norm cascade

Scott Janzwood
April 27, 2020 • This paper analyzes the rapid and widespread changes in attitudes and behaviours toward social distancing practices during the first few months of the COVID-19 pandemic. It highlights how incentives and social network dynamics interact with belief systems to determine whether or not people act consistently with their underlying beliefs.