IDEAS home Printed from https://ideas.repec.org/a/nat/nature/v568y2019i7753d10.1038_s41586-019-1138-y.html
   My bibliography  Save this article

Machine behaviour

Author

Listed:
  • Iyad Rahwan

    (Massachusetts Institute of Technology
    Massachusetts Institute of Technology
    Max Planck Institute for Human Development)

  • Manuel Cebrian

    (Massachusetts Institute of Technology)

  • Nick Obradovich

    (Massachusetts Institute of Technology)

  • Josh Bongard

    (University of Vermont)

  • Jean-François Bonnefon

    (Université Toulouse Capitole)

  • Cynthia Breazeal

    (Massachusetts Institute of Technology)

  • Jacob W. Crandall

    (Brigham Young University)

  • Nicholas A. Christakis

    (Yale University
    Yale University
    Yale University
    Yale University)

  • Iain D. Couzin

    (Max Planck Institute for Ornithology
    University of Konstanz
    University of Konstanz)

  • Matthew O. Jackson

    (Stanford University
    Canadian Institute for Advanced Research
    The Sante Fe Institute)

  • Nicholas R. Jennings

    (Imperial College London
    Imperial College London)

  • Ece Kamar

    (Microsoft Research)

  • Isabel M. Kloumann

    (Facebook AI, Facebook Inc)

  • Hugo Larochelle

    (Google Brain, Montreal)

  • David Lazer

    (Northeastern University
    Northeastern University
    Harvard University)

  • Richard McElreath

    (Max Planck Institute for Evolutionary Anthropology
    University of California, Davis)

  • Alan Mislove

    (Northeastern University)

  • David C. Parkes

    (Harvard University
    Harvard University)

  • Alex ‘Sandy’ Pentland

    (Massachusetts Institute of Technology)

  • Margaret E. Roberts

    (University of California, San Diego)

  • Azim Shariff

    (University of British Columbia)

  • Joshua B. Tenenbaum

    (Massachusetts Institute of Technology)

  • Michael Wellman

    (University of Michigan)

Abstract

Machines powered by artificial intelligence increasingly mediate our social, cultural, economic and political interactions. Understanding the behaviour of artificial intelligence systems is essential to our ability to control their actions, reap their benefits and minimize their harms. Here we argue that this necessitates a broad scientific research agenda to study machine behaviour that incorporates and expands upon the discipline of computer science and includes insights from across the sciences. We first outline a set of questions that are fundamental to this emerging field and then explore the technical, legal and institutional constraints on the study of machine behaviour.

Suggested Citation

  • Iyad Rahwan & Manuel Cebrian & Nick Obradovich & Josh Bongard & Jean-François Bonnefon & Cynthia Breazeal & Jacob W. Crandall & Nicholas A. Christakis & Iain D. Couzin & Matthew O. Jackson & Nicholas , 2019. "Machine behaviour," Nature, Nature, vol. 568(7753), pages 477-486, April.
  • Handle: RePEc:nat:nature:v:568:y:2019:i:7753:d:10.1038_s41586-019-1138-y
    DOI: 10.1038/s41586-019-1138-y
    as

    Download full text from publisher

    File URL: https://www.nature.com/articles/s41586-019-1138-y
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1038/s41586-019-1138-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    • Iyad Rahwan & Manuel Cebrian & Nick Obradovich & Josh Bongard & Jean-François Bonnefon & Cynthia Breazeal & Jacob W. Crandall & Nicholas Christakis & Iain Couzin & Matthew O. Jackson & Nicholas Jennin, 2019. "Machine behaviour," Post-Print hal-04121682, HAL.

    References listed on IDEAS

    as
    1. J. Doyne Farmer & Spyros Skouras, 2013. "An ecological perspective on the future of computer trading," Quantitative Finance, Taylor & Francis Journals, vol. 13(3), pages 325-346, February.
    2. Albert J. Menkveld, 2016. "The Economics of High-Frequency Trading: Taking Stock," Annual Review of Financial Economics, Annual Reviews, vol. 8(1), pages 1-24, October.
    3. Michael Kearns & Alex Kulesza & Yuriy Nevmyvaka, 2010. "Empirical Limitations on High Frequency Trading Profitability," Papers 1007.2593, arXiv.org, revised Sep 2010.
    4. Kasper Roszbach, 2004. "Bank Lending Policy, Credit Scoring, and the Survival of Loans," The Review of Economics and Statistics, MIT Press, vol. 86(4), pages 946-958, November.
    5. Eric Budish & Peter Cramton & John Shim, 2015. "Editor's Choice The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 130(4), pages 1547-1621.
    6. Lindell Bromham & Russell Dinnage & Xia Hua, 2016. "Interdisciplinary research has consistently lower funding success," Nature, Nature, vol. 534(7609), pages 684-687, June.
    7. Antoine Cully & Jeff Clune & Danesh Tarapore & Jean-Baptiste Mouret, 2015. "Robots that can adapt like animals," Nature, Nature, vol. 521(7553), pages 503-507, May.
    8. Hirokazu Shirado & Nicholas A. Christakis, 2017. "Locally noisy autonomous agents improve global human coordination in network experiments," Nature, Nature, vol. 545(7654), pages 370-374, May.
    9. Bjarke Mønsted & Piotr Sapieżyński & Emilio Ferrara & Sune Lehmann, 2017. "Evidence of complex contagion of information in social media: An experiment using Twitter bots," PLOS ONE, Public Library of Science, vol. 12(9), pages 1-12, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David Pastor-Escuredo, 2021. "Future of work: ethics," Papers 2104.02580, arXiv.org.
    2. March, Christoph, 2021. "Strategic interactions between humans and artificial intelligence: Lessons from experiments with computer players," Journal of Economic Psychology, Elsevier, vol. 87(C).
    3. David Pastor-Escuredo & Philip Treleaven, 2021. "Multiscale Governance," Papers 2104.02752, arXiv.org.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhou, Hao & Kalev, Petko S., 2019. "Algorithmic and high frequency trading in Asia-Pacific, now and the future," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 186-207.
    2. Mark Marner-Hausen, 2022. "Developing a Framework for Real-Time Trading in a Laboratory Financial Market," ECONtribute Discussion Papers Series 172, University of Bonn and University of Cologne, Germany.
    3. Breedon, Francis & Chen, Louisa & Ranaldo, Angelo & Vause, Nicholas, 2023. "Judgment day: Algorithmic trading around the Swiss franc cap removal," Journal of International Economics, Elsevier, vol. 140(C).
    4. Aït-Sahalia, Yacine & Brunetti, Celso, 2020. "High frequency traders and the price process," Journal of Econometrics, Elsevier, vol. 217(1), pages 20-45.
    5. Aliyev, Nihad & Huseynov, Fariz & Rzayev, Khaladdin, 2022. "Algorithmic trading and investment-to-price sensitivity," LSE Research Online Documents on Economics 118844, London School of Economics and Political Science, LSE Library.
    6. Gil Hersch, 2023. "Procedural Fairness in Exchange Matching Systems," Journal of Business Ethics, Springer, vol. 188(2), pages 367-377, November.
    7. Paulin, James & Calinescu, Anisoara & Wooldridge, Michael, 2019. "Understanding flash crash contagion and systemic risk: A micro–macro agent-based approach," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 200-229.
    8. Arifovic, Jasmina & He, Xue-zhong & Wei, Lijian, 2022. "Machine learning and speed in high-frequency trading," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    9. Vives, Xavier & Cespa, Giovanni, 2016. "Market Transparency and Fragility," CEPR Discussion Papers 11732, C.E.P.R. Discussion Papers.
    10. Ramos, Henrique Pinto & Perlin, Marcelo Scherer, 2020. "Does algorithmic trading harm liquidity? Evidence from Brazil," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
    11. Daniel Ladley, 2019. "The Design and Regulation of High Frequency Traders," Discussion Papers in Economics 19/02, Division of Economics, School of Business, University of Leicester.
    12. Li, Sida & Wang, Xin & Ye, Mao, 2021. "Who provides liquidity, and when?," Journal of Financial Economics, Elsevier, vol. 141(3), pages 968-980.
    13. Rzayev, Khaladdin & Ibikunle, Gbenga & Steffen, Tom, 2023. "The market quality implications of speed in cross-platform trading: Evidence from Frankfurt-London microwave," Journal of Financial Markets, Elsevier, vol. 66(C).
    14. Leal, Sandrine Jacob & Napoletano, Mauro, 2019. "Market stability vs. market resilience: Regulatory policies experiments in an agent-based model with low- and high-frequency trading," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 15-41.
    15. Roşu, Ioanid, 2019. "Fast and slow informed trading," Journal of Financial Markets, Elsevier, vol. 43(C), pages 1-30.
    16. Gianluca Piero Maria Virgilio, 2019. "High-frequency trading: a literature review," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 33(2), pages 183-208, June.
    17. Kaihua Qin & Liyi Zhou & Yaroslav Afonin & Ludovico Lazzaretti & Arthur Gervais, 2021. "CeFi vs. DeFi -- Comparing Centralized to Decentralized Finance," Papers 2106.08157, arXiv.org, revised Jun 2021.
    18. Giovanni Cespa & Xavier Vives, 2022. "Exchange Competition, Entry, and Welfare," The Review of Financial Studies, Society for Financial Studies, vol. 35(5), pages 2570-2624.
    19. Shiyang Huang & Bart Zhou Yueshen, 2021. "Speed Acquisition," Management Science, INFORMS, vol. 67(6), pages 3492-3518, June.
    20. Karolis Liaudinskas, 2022. "Human vs. Machine: Disposition Effect among Algorithmic and Human Day Traders," Working Paper 2022/6, Norges Bank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nat:nature:v:568:y:2019:i:7753:d:10.1038_s41586-019-1138-y. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.nature.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.