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Macroeconomic fluctuations and the narratives that shape them form a mutually reinforcing cycle: public discourse can spur behavioural changes leading to economic shifts, which then result in changes in the stories that propagate. We show…

Computation and Language · Computer Science 2025-02-21 Felix Drinkall , Stefan Zohren , Michael McMahon , Janet B. Pierrehumbert

This paper gives a generative model of the interpretation of formal logic for data-driven logical reasoning. The key idea is to represent the interpretation as likelihood of a formula being true given a model of formal logic. Using the…

Artificial Intelligence · Computer Science 2022-03-01 Hiroyuki Kido

Many networks do not live in isolation but are strongly interacting, with profound consequences on their dynamics. Here, we consider the case of two interacting social networks and, in the context of a simple model, we address the case of…

Physics and Society · Physics 2015-06-11 Arda Halu , Kun Zhao , Andrea Baronchelli , Ginestra Bianconi

The objective of this paper is to identify and analyze the response actions of a set of players embedded in sub-networks in the context of interaction and learning. We characterize strategic network formation as a static game of…

Theoretical Economics · Economics 2022-10-28 Alex Centeno

Despite many examples to the contrary, most models of elections assume that rules determining the winner will be followed. We present a model where elections are solely a public signal of the incumbent popularity, and citizens can protests…

Physics and Society · Physics 2013-02-04 Andrew T. Little , Joshua A. Tucker , Tom LaGatta

Models necessarily capture only parts of a reality. Prediction models aim at capturing a future reality. In this paper we address the question of how the future is constructed (or: imagined) in an investment context where market…

General Finance · Quantitative Finance 2019-12-24 Matthias J. Feiler , Thibaut Ajdler

In this paper, we propose standard statistical tools as a solution to commonly highlighted problems in the explainability literature. Indeed, leveraging statistical estimators allows for a proper definition of explanations, enabling…

Machine Learning · Statistics 2024-05-01 Valentina Ghidini

Probability forecasts are intended to account for the uncertainties inherent in forecasting. It is suggested that from an end-user's point of view probability is not necessarily sufficient to reflect uncertainties that are not simply the…

Statistics Theory · Mathematics 2015-01-22 Kevin Judd

We introduce a minimal opinion formation model, which is quite flexible and can reproduce a broad variety of the existing micro-influence assumptions and models. At the same time, the model can be easily calibrated on real data, upon which…

Physics and Society · Physics 2022-04-05 Ivan V. Kozitsin

We revisit and generalize the concept of composite likelihood as a method to make a probabilistic inference by aggregation of multiple Bayesian agents, thereby defining a class of predictive models which we call composite Bayesian. This…

Computation · Statistics 2019-04-18 Alexis Roche

When predictions support decisions they may influence the outcome they aim to predict. We call such predictions performative; the prediction influences the target. Performativity is a well-studied phenomenon in policy-making that has so far…

Machine Learning · Computer Science 2021-03-02 Juan C. Perdomo , Tijana Zrnic , Celestine Mendler-Dünner , Moritz Hardt

Societies experience politically stable and unstable phases along history, whereas political power is usually passed to new elite groups by these changes. Structural dynamics of the elites in a society have been proposed to be one of the…

Physics and Society · Physics 2025-11-24 Alexander Jochim , Stefan Bornholdt

We present a model of opinion dynamics in which agents adjust continuous opinions as a result of random binary encounters whenever their difference in opinion is below a given threshold. High thresholds yield convergence of opinions towards…

Disordered Systems and Neural Networks · Physics 2007-05-23 Gerard Weisbuch , Guillaume Deffuant , Frederic Amblard , Jean Pierre Nadal

The use of a hypothetical generative model was been suggested for causal analysis of observational data. The very assumption of a particular model is a commitment to a certain set of variables and therefore to a certain set of possible…

Artificial Intelligence · Computer Science 2023-06-09 Nimrod Megiddo

Comparison and contrast are the basic means to unveil causation and learn which treatments work. To build good comparison groups, randomized experimentation is key, yet often infeasible. In such non-experimental settings, we illustrate and…

Methodology · Statistics 2024-01-30 Ambarish Chattopadhyay , Jose R. Zubizarreta

Opinion Dynamics lacks a theoretical basis. In this article, I propose to use a decision-theoretic framework, based on the updating of subjective probabilities, as that basis. We will see we get a basic tool for a better understanding of…

Physics and Society · Physics 2012-11-21 Andre C. R. Martins

We study a stochastic model for the diffusion of competing opinions in a population composed of three types of agents: trend-followers, opposers, and indifferent individuals. The decision dynamics are driven by reinforcement mechanisms,…

Probability · Mathematics 2025-06-24 Manuel González-Navarrete

This paper investigates a representation language with flexibility inspired by probabilistic logic and compactness inspired by relational Bayesian networks. The goal is to handle propositional and first-order constructs together with…

Artificial Intelligence · Computer Science 2012-07-19 Fabio Gagliardi Cozman , Cassio Polpo de Campos , Jaime Ide , Jose Carlos Ferreira da Rocha

An explanation for the political processes leading to the sudden collapse of empires and states would be useful for understanding both historical and contemporary political events. We seek a general description of state collapse spanning…

Physics and Society · Physics 2015-06-16 Daniel John Lawson , Neeraj Oak

Bayesian neural networks were used to model the relationship between input parameters, Democracy, Allies, Contingency, Distance, Capability, Dependency and Major Power, and the output parameter which is either peace or conflict. The…

Computers and Society · Computer Science 2007-05-23 Tshilidzi Marwala , Monica Lagazio