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We investigate the macroeconomic consequences of narrow banking in the context of stock-flow consistent models. We begin with an extension of the Goodwin-Keen model incorporating time deposits, government bills, cash, and central bank…

General Economics · Economics 2018-10-16 Matheus R Grasselli , Alexander Lipton

Autonomous agents acting in the real-world often operate based on models that ignore certain aspects of the environment. The incompleteness of any given model -- handcrafted or machine acquired -- is inevitable due to practical limitations…

Computers and Society · Computer Science 2021-10-20 Sandhya Saisubramanian , Shlomo Zilberstein , Ece Kamar

The accessible information decreases under quantum operations. We analyzed the connection between quantum operations and accessible information. We show that a general quantum process cannot be operated accurately. Futhermore, an unknown…

Quantum Physics · Physics 2007-05-23 Qing-yu Cai

This paper provides a comprehensive examination of the evolution of credit cards in the United States, tracing their historical development, causes, consequences, and impact on both individuals and the economy. It delves into the…

Computational Engineering, Finance, and Science · Computer Science 2024-07-17 Mayowa Akinwande , Alexander Lopez , Tobi Yusuf , Austine Unuriode , Babatunde Yusuf , Toyyibat Yussuph , Stanley Okoro

This research investigates the potential implications of quantum technology on accounting information systems, and business overall. This endeavor focuses on the vulnerabilities of quantum computers and the emergence of quantum-resistant…

Physics and Society · Physics 2023-11-21 Maksym Lazirko

Planning is useful. It lets people take actions that have desirable long-term consequences. But, planning is hard. It requires thinking about consequences, which consumes limited computational and cognitive resources. Thus, people should…

Artificial Intelligence · Computer Science 2020-02-17 Mark K. Ho , David Abel , Jonathan D. Cohen , Michael L. Littman , Thomas L. Griffiths

It is well known, and appreciated, that quantum computers have the potential to be the most powerful computational devices ever created. This newfound power comes from a quantum parallelism effect that allows the computer to be in multiple…

Quantum Physics · Physics 2007-05-23 Mark A Bashuk

This paper examines the relationship between trade and financial openness, as well as the operational efficiency and growth of Turkish banks, from 2010 to 2023. Utilizing CAMELG-DEA and dynamic panel data analysis, the study finds that…

General Economics · Economics 2025-12-08 Haibo Wang , Lutfu Sua , Burak Dolar

The advantages of using communication networks to interconnect controllers and physical plants motivate the increasing number of Networked Control Systems, in industrial and critical infrastructure facilities. However, this integration also…

Cryptography and Security · Computer Science 2017-04-05 A. O. Sa , L. F. R. C. Carmo , R. C. S. Machado

Our number system is a magnificent tool. But it is far from perfect. Can it be improved? In this paper some possibilities are discussed, including the use of a different base or directed (negative as well as positive) numerals. We also put…

General Mathematics · Mathematics 2007-05-23 Miguel Navarro

A system for Operational Risk management based on the computational paradigm of Bayesian Networks is presented. The algorithm allows the construction of a Bayesian Network targeted for each bank using only internal loss data, and takes into…

Risk Management · Quantitative Finance 2012-02-14 V. Aquaro , M. Bardoscia , R. Bellotti , A. Consiglio , F. De Carlo , G. Ferri

It has recently been claimed that certain aspects of mental processing cannot be simulated by computers, even in principle. The argument is examined and a lacuna is identified.

Quantum Physics · Physics 2007-05-23 Henry P. Stapp

In this paper are presented methods of impact analysis on informatics system security accidents, qualitative and quantitative methods, starting with risk and informational system security definitions. It is presented the relationship…

General Finance · Quantitative Finance 2013-03-08 Floarea Baicu , Maria Alexandra Baches

We present a brief survey of results where quantum information processing is useful to solve distributed computation tasks. We describe problems that are impossible to solve using classical resources but that become feasible with the help…

Quantum Physics · Physics 2012-02-22 Anne Broadbent , Alain Tapp

In this paper, we examine the state art of quantum computing and analyze its potential effects in scientific computing and cybersecurity. Additionally, a non-technical description of the mechanics of the listed form of computing is provided…

Popular Physics · Physics 2021-05-21 Giovanny Espitia

The introduction of new tools in people's workflow has always been promotive of new creative paths. This paper discusses the impact of using computational tools in the performance of creative tasks, especially focusing on graphic design.…

Computers and Society · Computer Science 2021-03-11 Daniel Lopes , Jéssica Parente , Pedro Silva , Licínio Roque , Penousal machado

We give a detailed exposition of the "vectorized" notation for dealing with quantum operations. This notation is used to highlight the relationships between representations of completely-positive dynamics. Vectorization considerably…

Quantum Physics · Physics 2011-08-19 Alexei Gilchrist , Daniel R. Terno , Christopher J. Wood

This paper introduces forward-looking measures of the network connectedness of fears in the financial system, arising due to the good and bad beliefs of market participants about uncertainty that spreads unequally across a network of banks.…

General Finance · Quantitative Finance 2020-10-27 Jozef Barunik , Mattia Bevilacqua , Radu Tunaru

Interbank lending and borrowing occur when financial institutions seek to settle and refinance their mutual positions over time and circumstances. This interactive process involves money creation at the aggregate level. Coordination…

General Finance · Quantitative Finance 2021-09-27 Yuri Biondi , Feng Zhou

We study a credit risk model which captures effects of economic interactions on a firm's default probability. Economic interactions are represented as a functionally defined graph, and the existence of both cooperative, and competitive,…

Physics and Society · Physics 2009-11-11 J. P. L. Hatchett , R. Kuehn
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