2 papers
econ.GN2025
Misaligned by Design: Incentive Failures in Machine Learning
David Autor, Andrew Caplin, Daniel Martin +1
The cost of error in many high-stakes settings is asymmetric: misdiagnosing pneumonia when absent is an inconvenience, but failing to detect it when present can be life-threatening…
econ.GN2025
Testing Capacity-Constrained Learning
Andrew Caplin, Daniel Martin, Philip Marx +2
We introduce the first general test of capacity-constrained learning models. Cognitive economic models of this type share the common feature that constraints on perception are exog…