The rise of algorithmic economy: A survey of theoretical foundations, management practices, and socioeconomic implications
By: Sindhuja, M
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Material type: 
BookPublisher: Social Science in Perspective Description: 18(2), Apr-Jun, 2026: p.257-273.Subject(s): Algorithmic economy, Algorithmic management, Gig economy, Platform capitalism, Economic transformation
In:
Social Science in PerspectiveSummary: The advent of an increasingly algorithmic economy heralds a fundamental economic transformation where transitions are mediated by automated decision making system. This paper surveys the theoretical foundations, management practices, and socioeconomic implications of algorithmic systems across economic domains. Drawing from a multidisciplinary perspective, the study analyses how algorithms reshape traditional economic systems creating new forms of management and control and generating rapidly evolving opportunities and challenges. The paper contributes to understanding the complex dynamics of our contemporary economic landscape by analyzing algorithmic management within the gig economy, platform capitalism and broader implications of algorithmic management of the economy. – Reproduced
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Articles
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Indian Institute of Public Administration | 18(2), Apr-Jun, 2026: p.257-273 | Available | AR139438 |
The advent of an increasingly algorithmic economy heralds a fundamental economic transformation where transitions are mediated by automated decision making system. This paper surveys the theoretical foundations, management practices, and socioeconomic implications of algorithmic systems across economic domains. Drawing from a multidisciplinary perspective, the study analyses how algorithms reshape traditional economic systems creating new forms of management and control and generating rapidly evolving opportunities and challenges. The paper contributes to understanding the complex dynamics of our contemporary economic landscape by analyzing algorithmic management within the gig economy, platform capitalism and broader implications of algorithmic management of the economy. – Reproduced
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