Tootfinder

The benefits and costs of agglomeration: insights from economics and complexity
Andres Gomez-Lievano, Michail Fragkias
https://arxiv.org/abs/2404.13178 htt…

The benefits and costs of agglomeration: insights from economics and complexity
There are many benefits and costs that come from people and firms clustering together in space. Agglomeration economies, in particular, are the manifestation of centripetal forces that make larger cities disproportionately more wealthy than smaller cities, pulling together individuals and firms in close physical proximity. Measuring agglomeration economies, however, is not easy, and the identification of its causes is still debated. Such association of productivity with size can arise from inte…

Conceptual Mapping of Controversies
Claude Draude, Dominik D\"urrschnabel, Johannes Hirth, Viktoria Horn, Jonathan Kropf, J\"orn Lamla, Gerd Stumme, Markus Uhlmann
https://arxiv.org/abs/2404.18940

Conceptual Mapping of Controversies
With our work, we contribute towards a qualitative analysis of the discourse on controversies in online news media. For this, we employ Formal Concept Analysis and the economics of conventions to derive conceptual controversy maps. In our experiments, we analyze two maps from different news journals with methods from ordinal data science. We show how these methods can be used to assess the diversity, complexity and potential bias of controversies. In addition to that, we discuss how the diagram…

“With the old economics destroyed, organizational forms perfected for industrial production have to be replaced with structures optimized for digital data. It makes increasingly less sense even to talk about a publishing industry, because the core problem publishing solves — the incredible difficulty, complexity, and expense of making something available to the public — has stopped being a problem.” Clay Shirky

The Query Complexity of Contracts
Paul D\"utting, Michal Feldman, Yoav Gal-Tzur, Aviad Rubinstein
https://arxiv.org/abs/2403.09794 https://

The Query Complexity of Contracts
Algorithmic contract design is a new frontier in the intersection of economics and computation, with combinatorial contracts being a core problem in this domain. A central model within combinatorial contracts explores a setting where a principal delegates the execution of a task, which can either succeed or fail, to an agent. The agent can choose any subset among a given set of costly actions, where every subset is associated with a success probability. The principal incentivizes the agent thro…

Non-stationary Financial Risk Factors and Macroeconomic Vulnerability for the UK
Katalin Varga, Tibor Szendrei
https://arxiv.org/abs/2404.01451 https://

Non-stationary Financial Risk Factors and Macroeconomic Vulnerability for the UK
Tracking the build-up of financial vulnerabilities is a key component of financial stability policy. Due to the complexity of the financial system, this task is daunting, and there have been several proposals on how to manage this goal. One way to do this is by the creation of indices that act as a signal for the policy maker. While factor modelling in finance and economics has a rich history, most of the applications tend to focus on stationary factors. Nevertheless, financial stress (and in p…

This https://arxiv.org/abs/2212.12356 has been replaced.
link: https://scholar.google.com/scholar?q=a

Equivalence between the Fitness-Complexity and the Sinkhorn-Knopp algorithms
We uncover the connection between the Fitness-Complexity algorithm, developed in the economic complexity field, and the Sinkhorn-Knopp algorithm, widely used in diverse domains ranging from computer science and mathematics to economics. Despite minor formal differences between the two methods, both converge to the same fixed-point solution up to normalization. The discovered connection allows us to derive a rigorous interpretation of the Fitness and the Complexity metrics as the potentials of a…

This https://arxiv.org/abs/2404.09782 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_csDC_…

ChainScience 2024, Conference Proceedings
ChainScience 2024, the second edition of the interdisciplinary conference, brought together academics, practitioners, and industry experts to explore novel developments in the realm of distributed ledger technologies. The conference aimed to bridge diverse fields such as informatics, business, economics, finance, regulation, law, mathematics, physics, and complexity science. The papers presented in these conference proceedings address emerging topics such as AI/ML applications to blockchain, DL…

“With the old economics destroyed, organizational forms perfected for industrial production have to be replaced with structures optimized for digital data. It makes increasingly less sense even to talk about a publishing industry, because the core problem publishing solves — the incredible difficulty, complexity, and expense of making something available to the public — has stopped being a problem.” Clay Shirky