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We present a methodology for representing probabilistic relationships in a general-equilibrium economic model. Specifically, we define a precise mapping from a Bayesian network with binary nodes to a market price system where consumers and…

计算机科学与博弈论 · 计算机科学 2013-02-18 David M. Pennock , Michael P. Wellman

Algorithmic fairness has gained prominence due to societal and regulatory concerns about biases in Machine Learning models. Common group fairness metrics like Equalized Odds for classification or Demographic Parity for both classification…

机器学习 · 统计学 2023-11-01 François HU , Philipp Ratz , Arthur Charpentier

This paper studies ranking policies in a stylized trial-offer marketplace model, in which a single firm offers products and has consumers with heterogeneous preferences. Consumer trials are influenced by past purchases and the ranking of…

社会与信息网络 · 计算机科学 2021-02-11 Franco Berbeglia , Gerardo Berbeglia , Pascal Van Hentenryck

We propose a general methodology to measure labour market dynamics, inspired by the search and matching framework, based on the estimate of the transition rates between labour market states. We show how to estimate instantaneous transition…

综合经济学 · 经济学 2021-04-05 Davide Fiaschi , Cristina Tealdi

In this paper, inspired by the work of Megiddo on the formation of preferences and strategic analysis, we consider an early market model studied in the field of economic theory, in which each trader's utility may be influenced by the…

计算机科学与博弈论 · 计算机科学 2010-09-03 Xi Chen , Shang-Hua Teng

We discuss a family of models expressed by nonlinear differential equation systems describing closed market societies in the presence of taxation and redistribution. We focus in particular on three example models obtained in correspondence…

综合金融 · 定量金融 2014-03-19 Maria Letizia Bertotti , Giovanni Modanese

The paper proposes a surprisingly simple characterization of a large class of models of distributed computing, via an agreement function: for each set of processes, the function determines the best level of set consensus these processes can…

分布式、并行与集群计算 · 计算机科学 2017-03-13 Petr Kuznetsov , Thibault Rieutord

In a recent paper in this journal [J. Stat. Mech. (2009) P02037] we proposed a new, physically motivated, distribution function for modeling individual incomes having its roots in the framework of the k-generalized statistical mechanics.…

综合金融 · 定量金融 2012-12-07 F. Clementi , M. Gallegati , G. Kaniadakis

Collective adaptive systems are an emerging class of networked computational systems, particularly suited in application domains such as smart cities, complex sensor networks, and the Internet of Things. These systems tend to feature large…

分布式、并行与集群计算 · 计算机科学 2017-11-23 Mirko Viroli , Giorgio Audrito , Jacob Beal , Ferruccio Damiani , Danilo Pianini

We develop an iterative framework for economic measurement that leverages large language models to extract measurement structure directly from survey instruments. The approach maps survey items to a sparse distribution over latent…

计量经济学 · 经济学 2026-02-04 Tiancheng Wang , Krishna Sharma

Collaborative learning techniques have significantly advanced in recent years, enabling private model training across multiple organizations. Despite this opportunity, firms face a dilemma when considering data sharing with competitors --…

机器学习 · 计算机科学 2023-10-31 Nikita Tsoy , Nikola Konstantinov

We study a heterogeneous agent macroeconomic model with an infinite number of households and firms competing in a labor market. Each household earns income and engages in consumption at each time step while aiming to maximize a concave…

综合经济学 · 经济学 2023-03-10 Ruitu Xu , Yifei Min , Tianhao Wang , Zhaoran Wang , Michael I. Jordan , Zhuoran Yang

The Internet and the Web are being increasingly used in proactive social care to provide people, especially the vulnerable, with a better life and services, and their derived social services generate enormous data. However, the strict…

密码学与安全 · 计算机科学 2019-10-08 Shaoxiong Ji , Guodong Long , Shirui Pan , Tianqing Zhu , Jing Jiang , Sen Wang , Xue Li

Recently, several new pari-mutuel mechanisms have been introduced to organize markets for contingent claims. Hanson introduced a market maker derived from the logarithmic scoring rule, and later Chen and Pennock developed a cost function…

交易与市场微观结构 · 定量金融 2009-02-17 Shipra Agrawal , Erick Delage , Mark Peters , Zizhuo Wang , Yinyu Ye

The ``impossibility theorem'' -- which is considered foundational in algorithmic fairness literature -- asserts that there must be trade-offs between common notions of fairness and performance when fitting statistical models, except in two…

Many-to-one matching markets exist in numerous different forms, such as college admissions, matching medical interns to hospitals for residencies, assigning housing to college students, and the classic firms and workers market. In all these…

社会与信息网络 · 计算机科学 2011-07-25 Elizabeth Bodine-Baron , Christina Lee , Anthony Chong , Babak Hassibi , Adam Wierman

1. Complex systems of moving and interacting objects are ubiquitous in the natural and social sciences. Predicting their behavior often requires models that mimic these systems with sufficient accuracy, while accounting for their inherent…

定量方法 · 定量生物学 2014-12-02 Jonathan R. Potts , Marie Auger-Méthé , Karl Mokross , Mark A. Lewis

Modeling social interactions is a challenging task that requires flexible frameworks. For instance, dissimulation and externalities are relevant features influencing such systems -- elements that are often neglected in popular models. This…

最优化与控制 · 数学 2022-12-21 Yuri Saporito , Max O. Souza , Yuri Thamsten

This paper explores the emergence of norms in agents' societies when agents play multiple -even incompatible- roles in their social contexts simultaneously, and have limited interaction ranges. Specifically, this article proposes two…

多智能体系统 · 计算机科学 2015-03-25 George Vouros

One reports computational study revealing a set of general requirements, fulfilling of which would allow employing changes in ambient conditions to regulate accomplishing the collective outcome of emerging active network patterns in an…

软凝聚态物质 · 物理学 2007-05-23 Wlodzimierz Kozlowski