Economists, Professors
Ajay Agrawal, Joshua Gans, and Avi Goldfarb are professors at the University of Toronto's Rotman School of Management who research the economics of artificial intelligence. Their collaborative work explores how prediction machines reshape business strategy and decision making.
by Ajay Agrawal, Joshua Gans, and Avi Goldfarb
Three economists from the University of Toronto's Rotman School of Management reframe AI as a technology that dramatically reduces the cost of prediction, then apply standard microeconomic theory to trace its cascading effects on decision-making, business strategy, and industry structure. By decomposing tasks into prediction, judgement, data, and action components, they provide a practical framework for managers to identify where AI will create value and where human judgement remains essential.
The books Ajay Agrawal, Joshua Gans, and Avi Goldfarb references, cites, and recommends most frequently.
by Erik Brynjolfsson
Brynjolfsson and McAfee argue digital technologies are entering an exponential phase where machines complement and displace labour in new ways. More wealth but wider inequality defines the tension.
by Clayton Christensen
Christensen explains why successful companies fail: they rationally ignore disruptive innovations that initially serve small, unprofitable markets, until those markets overtake them entirely.
by Daniel Kahneman
Kahneman reveals that our minds run on two systems: fast intuition and slow deliberation. Most errors in judgement come from trusting System 1 when the situation demands System 2's careful analysis.
by Thomas H. Davenport and Jeanne G. Harris
Davenport and Harris argue that in industries where products and processes have converged, analytics is becoming the primary basis of competition, and they profile companies like Capital One, Harrah's, and Amazon that embedded data-driven decision making into their strategy. They outline five stages of analytical maturity and the organisational capabilities required to move up them.
Who Ajay draws from, and who draws from Ajay — aggregated across every book in this collection. Counts show the number of citation links, not the depth of each one.