Long title: Information system design in overcoming market failure; Short title: Overcoming market failure
Description of the granted funding
Markets have evolved into increasingly complex information systems, offering both improved access to information among participants and more control over their actions within the system, with uncertain effects on participant welfare. My project focuses on the optimal design of market information systems, addressing four challenges: i. competition in digital multiproduct ecosystems, ii. procurement of public information systems, iii. development of smarter tax systems, and iv. climate. I introduce fresh frameworks for evaluating consumer steering algorithms used in digital markets, and for studying the procurement and development of public information systems - providing novel tools for authorities. My project also devises new approaches to mitigate the pitfalls of climate talks and ensure a fair distribution of abatement costs. The project is located at the University of Helsinki, with key local collaborations involving competition authorities, and taxation and climate researchers.
Show moreStarting year
2024
End year
2028
Granted funding
Funder
Research Council of Finland
Funding instrument
Academy research fellows
Decision maker
Scientific Council for Social Sciences and Humanities
13.06.2024
13.06.2024
Other information
Funding decision number
360871
Fields of science
Economics
Research fields
Kansantaloustiede
Identified topics
computer science, information science, algorithms