The potential influence of machine learning and data science on the future of economics: Overview of highly-cited research

Abstract

This working paper provides an overview of the potential influence of machine learning and data science on economics as a field. The findings presented are drawn from highly cited research which was identified based on Google Scholar searches. For each of the articles reviewed, this working paper covers what is likely to change and what is likely to remain unchanged in economics due to the emergence and increasing influence of machine learning and data science methods.