Patty Hsieh

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reverse causality remains a challenge for prediction machines. This issue appears frequently in business, too. In many industries, low prices are associated with low sales. For example, in the hotel industry, prices are low outside the tourist season, and prices are high when demand is highest and hotels are full. Given that data, a naive prediction might suggest that increasing the price would lead to more rooms sold.
Prediction Machines: The Simple Economics of Artificial Intelligence
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