• Corpus ID: 195798925

Machine learning and behavioral economics for personalized choice architecture

@article{Hrnjic2019MachineLA,
  title={Machine learning and behavioral economics for personalized choice architecture},
  author={Emir Hrnjic and Nikodem Tomczak},
  journal={ArXiv},
  year={2019},
  volume={abs/1907.02100}
}
Behavioral economics changed the way we think about market participants and revolutionized policy-making by introducing the concept of choice architecture. However, even though effective on the level of a population, interventions from behavioral economics, nudges, are often characterized by weak generalisation as they struggle on the level of individuals. Recent developments in data science, artificial intelligence (AI) and machine learning (ML) have shown ability to alleviate some of the… 
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