Chapter 9: International trade
Abstract
With technological advancements and a greater comprehension of human behavior, international trade, a primary driver of global economic growth, is undergoing significant transformations. This chapter studies the complex interaction between artificial intelligence (AI), behavioral science, and mechanism design in shaping and optimizing international trade dynamics. AI's unmatched analytic capabilities are improving predictive analytics, supply chain management, and trade finance. Insights from behavioral science simultaneously enhance our comprehension of traders' decisions, market sentiments, and risk perceptions. Mechanism design, which entails crafting optimal systems and protocols to accomplish specific ...
Get Mechanism Design, Behavioral Science and Artificial Intelligence in International Relations now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
