Related papers: Market Concentration Implications of Foundation Mo…
We study the competition for partners in two-sided matching markets with heterogeneous agent preferences, with a focus on how the equilibrium outcomes depend on the connectivity in the market. We model random partially connected markets,…
The rapid adoption of AI across diverse domains has led to the development of organisational guidelines that vary significantly, even within the same sector. This paper examines AI policies in two domains, news organisations and…
Machine learning (ML) algorithms are increasingly deployed to make critical decisions in socioeconomic applications such as finance, criminal justice, and autonomous driving. However, due to their data-driven and pattern-seeking nature, ML…
Algorithms increasingly automate bidding in online auctions, raising concerns about tacit bid suppression and revenue shortfalls. Prior work identifies individual mechanisms behind algorithmic bid suppression, but it remains unclear which…
The rapid advancements in artificial intelligence, particularly in large language multi-modal models like GPT-4, have raised concerns about the potential displacement of human workers in various industries. This position paper aims to…
With the investment landscape becoming more competitive, efficiently scaling deal sourcing and improving deal insights have become a dominant strategy for funds. While funds are already spending significant efforts on these two tasks, they…
With the capability to write convincing and fluent natural language and generate code, Foundation Models present dual-use concerns broadly and within the cyber domain specifically. Generative AI has already begun to impact cyberspace…
Frontier AI regulations primarily focus on systems deployed to external users, where deployment is more visible and subject to outside scrutiny. However, high-stakes applications can occur internally when companies deploy highly capable…
The rapid advancement of generative AI is poised to disrupt the creative industry. Amidst the immense excitement for this new technology, its future development and applications in the creative industry hinge crucially upon two copyright…
We provide a taxonomy of concurrency models for BDI frameworks, elicited by analysing state-of-the-art technologies, and aimed at helping both BDI designers and developers in making informed decisions. Comparison among BDI technologies…
We analyze digital markets where a monopolist platform uses data to match multiproduct sellers with heterogeneous consumers who can purchase both on and off the platform. The platform sells targeted ads to sellers that recommend their…
Despite substantial efforts, deep learning has not yet delivered a transformative impact on elucidating regulatory biology, particularly in the realm of predicting gene expression profiles. Here, we argue that genuine "foundation models" of…
In recent months, the social impact of Artificial Intelligence (AI) has gained considerable public interest, driven by the emergence of Generative AI models, ChatGPT in particular. The rapid development of these models has sparked heated…
This paper examines the European Union's emerging regulatory landscape - focusing on the AI Act, corporate sustainability reporting and due diligence regimes (CSRD and CSDDD), and data center regulation - to assess whether it can…
The discourse on responsible artificial intelligence (AI) regulation is understandably dominated by risk-focused assessments and analyses. This approach reflects the fundamental uncertainty policymakers face when determining appropriate…
While Artificial Intelligence (AI) technologies are progressing fast, compliance costs have become a huge financial burden for AI startups, which are already constrained on research & development budgets. This situation creates a compliance…
Large Language Model (LLM)-based generative AI systems, such as ChatGPT, demonstrate zero-shot learning capabilities across a wide range of downstream tasks. Owing to their general-purpose nature and potential to augment or even automate…
This article addresses the societal costs associated with the lack of regulation in Artificial Intelligence and proposes a framework combining innovation and regulation. Over fifty years of AI research, catalyzed by declining computing…
Linear Fisher market is one of the most fundamental economic models. The market is traditionally examined on the basis of individual's price-taking behavior. However, this assumption breaks in markets such as online advertising and…
This paper conducts an empirical investigation into the effects of Designated Market Makers (DMMs) on key market quality indicators, such as liquidity, bid-ask spreads, and order fulfillment ratios. Through agent-based simulations, this…