Interactions of Human and Machine Intelligence in Modern Economic Systems

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Much of modern economic systems are driven by machine-machine and machine-human interactions that happens rapidly at large scale. But such interactions are often opaque and can have negative or catastrophic consequences, such as market plunges with no apparent economic reasons in financial trading, content recommendations that promote extremism, algorithms in gig economy leading to worker exploitation and wasted resources. This project aims for new theoretical results and algorithms at the intersection computational economics, game theory, and dynamical systems, that establish conditions under which the economic systems are stable, propose mechanisms that make the interactions more fair, transparent and aligned with human values.