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We look at a collection of conjectures with the unifying message that smaller social systems, tend to be less complex and can be aligned better, towards fulfilling their intended objectives. We touch upon a framework, referred to as the…

综合金融 · 定量金融 2017-03-28 Ravi Kashyap

Functions or 'functionings' enable to give a structure to any activity and their combinations constitute the capabilities which characterize economic assets such as work utility. The basic law of supply and demand naturally emerges from…

综合经济学 · 经济学 2020-07-29 Emmanuel Chauvet

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…

投资组合管理 · 定量金融 2023-03-13 Thilini V. Mahanama , Abootaleb Shirvani , Svetlozar Rachev

Many socio-economic systems require positive economic growth rates to function properly. Given uncertainty about future growth rates and increasing evidence that economic growth is a driver of social and environmental crises, these growth…

A mathematical model of measurement of the perception of well-being for groups with increasing incomes, but proportionally unequal is proposed. Assuming that welfare grows with own income and decreases with relative inequality (income of…

综合经济学 · 经济学 2019-11-27 Fernando Córdova-Lepe

Social systems must fulfil four basic functions to ensure their survival in competitive conditions. Social systems must provide for: (1) energy and other necessities of life, (2) security against external and internal threats, (3) identity…

适应与自组织系统 · 物理学 2007-05-23 Ingo Piepers

This paper explores various socioeconomic factors that contribute to individual financial success using machine learning algorithms and approaches. Financial success, a critical aspect of all individual's well-being, is a complex concept…

机器学习 · 计算机科学 2024-07-09 Michael Zhou , Ramin Ramezani

Decades of research in machine learning have given us powerful tools for making accurate predictions. But when used in social settings and on human inputs, better accuracy does not immediately translate to better social outcomes. To…

机器学习 · 计算机科学 2026-05-13 Nir Rosenfeld , Haifeng Xu

Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader…

综合金融 · 定量金融 2017-07-11 Klaus Jaffe

Traditionally, European social policies have focused on material well-being and social justice, neglecting subjective indicators. This review systematically examines the scientific understanding of well-being, its indicators, and its…

综合经济学 · 经济学 2024-02-01 Cristina Pereira , Hermínia Gonçalves , Teresa Sequeira

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive…

经济学 · 定量金融 2016-11-22 Viktor Stojkoski , Zoran Utkovski , Ljupco Kocarev

It is commonly believed that patterns of social ties affect individuals' economic status. Here, we translate this concept into an operational definition at the network level, which allows us to infer the economic wellbeing of individuals…

物理与社会 · 物理学 2017-05-24 Shaojun Luo , Flaviano Morone , Carlos Sarraute , Matías Travizano , Hernán A. Makse

In the same way as the Hilbert Program was a response to the foundational crisis of mathematics, this article tries to formulate a research program for the socio-economic sciences. The aim of this contribution is to stimulate research in…

综合金融 · 定量金融 2010-12-21 Dirk Helbing , Stefano Balietti

Labor market institutions are central for modern economies, and their polices can directly affect unemployment rates and economic growth. At the individual level, unemployment often has a detrimental impact on people's well-being and…

社会与信息网络 · 计算机科学 2016-09-07 Abdullah Almaatouq

This paper describes a fundamental and empirically conspicuous problem inherent to surveys of human feelings and opinions in which subjective responses are elicited on numerical scales. The paper also proposes a solution. The problem is a…

计量经济学 · 经济学 2025-01-16 Christopher P Barrington-Leigh

Strong empirical evidence from laboratory experiments, and more recently from population surveys, shows that individuals, when evaluating their situations, pay attention to whether they experience gains or losses, with losses weighing more…

理论经济学 · 经济学 2025-10-17 Martyna Kobus , Radosław Kurek , Thomas Parker

Forecasting plays a critical role in the development of organisational business strategies. Despite a considerable body of research in the area of forecasting, the focus has largely been on the financial and economic outcomes of the…

计算机与社会 · 计算机科学 2020-09-25 Bahman Rostami-Tabar , Mohammad M Ali , Tao Hong , Rob J Hyndman , Michael D Porter , Aris Syntetos

A tailor-made internet survey experiment provides individuals with information on their income positions to examine their effects on subjective well-being. In the first survey, respondents were asked about their household income and…

综合经济学 · 经济学 2021-07-26 Eiji Yamamura

Humanity has been fascinated by the pursuit of fortune since time immemorial, and many successful outcomes benefit from strokes of luck. But success is subject to complexity, uncertainty, and change - and at times becoming increasingly…

综合经济学 · 经济学 2019-04-19 Didier Sornette , Spencer Wheatley , Peter Cauwels

Providing wellbeing for all while safeguarding planetary boundaries may require governments to pursue post-growth policies. To understand how post-growth policymaking can be fostered, we examine wellbeing economy and Doughnut economics…

综合经济学 · 经济学 2025-06-03 Laura Angresius , Milena Buchs , Alessia Greselin , Daniel W. O'Neill
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