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Resilience to class imbalance and confounding biases, together with the assurance of fairness guarantees are highly desirable properties of autonomous decision-making systems with real-life impact. Many different targeted solutions have…
This report examines Artificial Intelligence (AI) in the financial sector, outlining its potential to revolutionise the industry and identify its challenges. It underscores the criticality of a well-rounded understanding of AI, its…
Bribery in an election is one of the well-studied control problems in computational social choice. In this paper, we propose and study the safe bribery problem. Here the goal of the briber is to ask the bribed voters to vote in such a way…
Ideas borrowed from renormalization group are applied to warm inflation to characterize the inflationary epoch in terms of flows away from the de Sitter regime. In this framework different models of inflation fall into universality classes.…
In this paper we deal with the optimal bankruptcy problem for an agent who can optimally allocate her consumption rate, the amount of capital invested in the risky asset as well as her leisure time. In our framework, the agent is endowed by…
The discussion about the disruptive possibilities of a technology called artificial intelligence (AI) is on everyone's lips. Companies and countries alike are running multi-billion-dollar research programmes to ensure they do not miss out…
Nations around the world are conducting research into the design of central bank digital currency (CBDC), a new, digital form of money that would be issued by central banks alongside cash and central bank reserves. Retail CBDC would be used…
This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers. I examine how the Age of AI will revolutionize the basic…
We prove that the refined approach -- our extension of the Yakovenko et al. formalism -- is universal in the sense that it describes well both household incomes in the European Union and the individual incomes in the United States for…
Dynamic Binary Instrumentation (DBI) is the set of techniques that enable instrumentation of programs at run-time, making it possible to monitor and modify the execution of compiled binaries or entire systems. DBI is used for countless…
Universal induction is a crucial issue in AGI. Its practical applicability can be achieved by the choice of the reference machine or representation of algorithms agreed with the environment. This machine should be updatable for solving…
This paper casts within a unified economic framework some key challenges for the global economic order: de-globalization; the rising impracticability of global cooperation; and the increasingly confrontational nature of Great Power…
The financial industry should be involved in mitigating the risk of downturns in the financial wellbeing indices around the world by implementing well-developed financial tools such as insurance instruments on the underlying wellbeing…
We consider supersymmetric inflation models in which inflation occurs at an intermediate scale and which provide a solution to the $\mu$ problem and the strong CP problem. Such models are particularly attractive since inflation,…
This research paper provides a comprehensive analysis of Bitcoin, delving into its evolution, adoption, and potential future implications. As the pioneering cryptocurrency, Bitcoin has sparked significant interest and debate in recent…
Governments across the globe are facing challenging times to generate more revenue because of the economic slowdown and to balance their budgets. There is a growing need to find new ways of revenue generation as spending cuts and austerity…
The current crisis, at the time of writing, has had a profound impact on the financial world, introducing the need for creative approaches to revitalising the economy at the micro level as well as the macro level. In this informal analysis…
In the so-called ``fair'' models of peer-to-peer wealth exchanges, economic inequality tends to reach its maximum value asymptotically. This global trend is evident as the richest continuously accumulate a larger share of wealth at the…
It is already understood that the increasing observational evidence for an open Universe may be reconciled with inflation if our horizon is contained inside one single huge bubble nucleated during the inflationary phase transition. In the…
Income and wealth distribution affect stability of a society to a large extent and high inequality affects it negatively. Moreover, in the case of developed countries, recently has been proven that inequality is closely related to all…