Related papers: "Bubbles in Society": The Example of the United St…
The psychological costs of the attention economy are often considered through the binary of harmful design and healthy use, with digital well-being chiefly characterised as a matter of personal responsibility. This article adopts an…
Automation is not a new phenomenon, and questions about its effects have long followed its advances. More than a half-century ago, US President Lyndon B. Johnson established a national commission to examine the impact of technology on the…
October 1957, and the successful launch of Sputnik 1 into Earth orbit, marked the dawn of the Space Age. The first of the 'fellow travellers' - humanity's first artificial satellite - orbited for a mere three months before re-entering the…
Humankind is confronted with a "nuclear stewardship curse", facing the prospect of needing to manage nuclear products over long time scales in the face of the short-time scales of human polities. I propose a super Manhattan-type effort to…
This report first describes the status quo regarding the emerging deployment of very large groups of low-Earth-orbit satellites in the late 2010s, the concerns raised by the international astronomy community, and steps the community took to…
"Rational bubble", as introduced by the famous paper on money by Samuelson (1958), means speculation backed by nothing. The large subsequent rational bubble literature has identified attaching bubbles to dividend-paying assets in a natural…
Climate change has emerged as a significant global concern, attracting increasing attention worldwide. While green bubbles may be examined through a social bubble hypothesis, it is essential not to neglect a Climate Minsky moment triggered…
The concept of power can be explored at several scales: from physical action and process effectuation, all the way to complex social dynamics. A spectrum-wide analysis of power requires attention to the fundamental principles that constrain…
In the era of social media, every day billions of individuals produce content in socio-technical systems resulting in a deluge of information. However, human attention is a limited resource and it is increasingly challenging to consume the…
The concept of progress has characterized human society from millennia. However, this concept is elusive and too often given for certain. The goal of this paper is to suggest a general definition of human progress that satisfies, whenever…
The lunar poles are unique environments of both great scientific and, increasingly, commercial interest. Consequently, a tension exists between the twin objectives of (a) Exploring the lunar poles for both scientific and commercial purposes…
Recently research on bubble and its burst attract much interest of researchers in various field such as economics and physics. Economists have been regarding bubble as a disorder in prices. However, this research strategy has overlooked an…
Science is a fundamental human activity and we trust its results because it has several error-correcting mechanisms. Its is subject to experimental tests that are replicated by independent parts. Given the huge amount of information…
Tirole (1985) studied an overlapping generations model with capital accumulation and showed that the emergence of asset bubbles solves the capital over-accumulation problem. His Proposition 1(c) claims that if the dividend growth rate is…
A rational bubble is a situation in which the asset price exceeds its fundamental value defined by the present discounted value of dividends in a rational equilibrium model. We discuss the recent development of the theory of rational…
Understanding the emergence of prosocial behaviours among self-interested individuals is an important problem in many scientific disciplines. Various mechanisms have been proposed to explain the evolution of such behaviours, primarily…
The way we look at the sky is connected to the cosmological paradigm embraced by the society we live in. On the other hand, several astronomical concepts reinforce the idea of a common humanity. Yet, scientific outreach is frequenty…
Imagine a food recommender system -- how would we check if it is \emph{causing} and fostering unhealthy eating habits or merely reflecting users' interests? How much of a user's experience over time with a recommender is caused by the…
Satellite operations are a subset of remote operations that draw similarities with remotely piloted aircraft (RPA) and uncrewed aerial vehicle (UAV) operations. Increased research into boredom, complacency, habituation, and vigilance as…
The ProAm effort in modern astronomy and astrophysics is now a reality. The achievements of amateur astronomers throughout the early history of astronomy are well known. However, during the 20th century, the high specialisation and the…