Robot economics is the study of the market for robots. Robot markets function through the interaction of robot makers and robot users. As (in part) a factor of production, robots are complements and/or substitutes for other factors, such as labor and (non-robot) capital goods. Another part of robot economics considers the effects of the introduction of robots on the markets for those other factors and on the products that robots help produce.
Robots are spreading throughout the economy, in fields such as agriculture, medicine and retail.
The use of robots in agriculture began with automated milking systems.[1] More recently, agricultural robots have begun to be used in harvesting, pruning, seeding, spraying and materials handling.[1]
Medicineedit
Medical robots can be categorized in five segments: surgery, rehabilitation, non-invasive radiosurgery, hospital and pharmacy and others. Robot-assisted surgery can improve accuracy.[2] However, medical robots can increase costs.[3]
The market was valued at $1,781 million in 2013. Hospital and pharmacy robots segment grew fastest.
Retailedit
Robots can be used in retail for helping customers find items, keep track of product inventory on shelves, and even interact with customers.[4]
^ abBrewer, Paul J.; Huang, Maria; Nelson, Brad; Plott, Charles R. (2002-12-01). "On the Behavioral Foundations of the Law of Supply and Demand: Human Convergence and Robot Randomness". Experimental Economics. 5 (3): 179–208. doi:10.1023/A:1020871917917. ISSN 1386-4157. S2CID 13066888.
^Yeung, Christina; Dinh, Tuan; Lee, Joseph (2014-07-24). "The Health Economics of Bladder Cancer: An Updated Review of the Published Literature". PharmacoEconomics. 32 (11): 1093–1104. doi:10.1007/s40273-014-0194-2. ISSN 1170-7690. PMID 25056838. S2CID 207492150.
^Teljeur, C; O'Neill, M; Moran, PS; Harrington, P; Flattery, M; Murphy, L; Ryan, M (2014). "Economic evaluation of robot-assisted hysterectomy: A cost-minimisation analysis". BJOG: An International Journal of Obstetrics & Gynaecology. 121 (12): 1546–53. doi:10.1111/1471-0528.12836. PMID 24810140. S2CID 5358924.
^"Robots in Retail - Examples of Real Industry Applications -". TechEmergence. 2017-07-06. Retrieved 2018-11-26.
A Roadmap for US Robotics From Internet to Robotics
. Archived from the original on March 3, 2012.{{cite web}}: CS1 maint: unfit URL (link)
Yeung, Christina; Dinh, Tuan; Lee, Joseph (24 July 2014). "The Health Economics of Bladder Cancer: An Updated Review of the Published Literature". PharmacoEconomics. 32 (11): 1093–1104. doi:10.1007/s40273-014-0194-2. PMID 25056838. S2CID 207492150.
Brewer, Paul J.; Huang, Maria; Nelson, Brad; Plott, Charles R. (1 December 2002). "On the Behavioral Foundations of the Law of Supply and Demand: Human Convergence and Robot Randomness". Experimental Economics. 5 (3): 179–208. doi:10.1023/A:1020871917917. S2CID 13066888.
April 12, 2024
robot, economics, study, market, robots, robot, markets, function, through, interaction, robot, makers, robot, users, part, factor, production, robots, complements, substitutes, other, factors, such, labor, robot, capital, goods, another, part, robot, economic. Robot economics is the study of the market for robots Robot markets function through the interaction of robot makers and robot users As in part a factor of production robots are complements and or substitutes for other factors such as labor and non robot capital goods Another part of robot economics considers the effects of the introduction of robots on the markets for those other factors and on the products that robots help produce Robots are spreading throughout the economy in fields such as agriculture medicine and retail Contents 1 Markets 1 1 Agriculture 1 2 Medicine 1 3 Retail 2 Manufacturers 3 References 4 External linksMarkets editAgriculture edit The use of robots in agriculture began with automated milking systems 1 More recently agricultural robots have begun to be used in harvesting pruning seeding spraying and materials handling 1 Medicine edit Medical robots can be categorized in five segments surgery rehabilitation non invasive radiosurgery hospital and pharmacy and others Robot assisted surgery can improve accuracy 2 However medical robots can increase costs 3 The market was valued at 1 781 million in 2013 Hospital and pharmacy robots segment grew fastest Retail edit Robots can be used in retail for helping customers find items keep track of product inventory on shelves and even interact with customers 4 Manufacturers editMajor participants operating in the global robotic market include Samsung Electronics iRobot Toyota Motor Corporation AB Electrolux Hanool Robotics Fujitsu Frontech Limited LG Electronics Fujitsu Sony Corporation Yujin Robot and GeckoSystems References edit a b Brewer Paul J Huang Maria Nelson Brad Plott Charles R 2002 12 01 On the Behavioral Foundations of the Law of Supply and Demand Human Convergence and Robot Randomness Experimental Economics 5 3 179 208 doi 10 1023 A 1020871917917 ISSN 1386 4157 S2CID 13066888 Yeung Christina Dinh Tuan Lee Joseph 2014 07 24 The Health Economics of Bladder Cancer An Updated Review of the Published Literature PharmacoEconomics 32 11 1093 1104 doi 10 1007 s40273 014 0194 2 ISSN 1170 7690 PMID 25056838 S2CID 207492150 Teljeur C O Neill M Moran PS Harrington P Flattery M Murphy L Ryan M 2014 Economic evaluation of robot assisted hysterectomy A cost minimisation analysis BJOG An International Journal of Obstetrics amp Gynaecology 121 12 1546 53 doi 10 1111 1471 0528 12836 PMID 24810140 S2CID 5358924 Robots in Retail Examples of Real Industry Applications TechEmergence 2017 07 06 Retrieved 2018 11 26 External links edit 1 2 Economic of Collaborative Robotics A Roadmap for US Robotics From Internet to Robotics Robot Economics TCS Daily Archived from the original on March 3 2012 a href Template Cite web html title Template Cite web cite web a CS1 maint unfit URL link Yeung Christina Dinh Tuan Lee Joseph 24 July 2014 The Health Economics of Bladder Cancer An Updated Review of the Published Literature PharmacoEconomics 32 11 1093 1104 doi 10 1007 s40273 014 0194 2 PMID 25056838 S2CID 207492150 Brewer Paul J Huang Maria Nelson Brad Plott Charles R 1 December 2002 On the Behavioral Foundations of the Law of Supply and Demand Human Convergence and Robot Randomness Experimental Economics 5 3 179 208 doi 10 1023 A 1020871917917 S2CID 13066888 Retrieved from https en wikipedia org w index php title Robot economics amp oldid 1132979163, wikipedia, wiki, book, books, library,
