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Generative artificial intelligence holds enormous potential to revolutionize decision-making processes, from everyday to high-stake scenarios. However, as many decisions carry social implications, for AI to be a reliable assistant for decision-making it is crucial that it is able to capture the...
Persistent link: https://www.econbiz.de/10014343957
constrained minimization of the Cross Entropy, we show that it is possible to assess aggregated and single bank's systemicness and … our approach with an alternative widespread application of the Maximum Entropy principle allowing to derive graph …
Persistent link: https://www.econbiz.de/10012937089
Persistent link: https://www.econbiz.de/10013194128
Mitigating climate change requires information about the inequality in energy consumption. Recent contributions … (Banerjee and Yakovenko, 2010; Lawrence et al., 2013; Yakovenko, 2010, 2013) have studied energy inequality through the lens of … maximum entropy. They claim a weighted international distribution of total primary energy demand should approach a Boltzmann …
Persistent link: https://www.econbiz.de/10012117663
generalized logarithmic mean coincides with minimizing a generalized entropy inequality measure. The Balinski-Young 'favoring … aggregate measures of seat/vote disproportionality of the generalized entropy family: using a divisor method based upon such a … small states' - ordering ranks the generalized entropy methods. This framework improves upon an inconsistency in the …
Persistent link: https://www.econbiz.de/10014212723
differentiates a subset of states in experiments. With three or more states, informational separability leads to entropy measures …
Persistent link: https://www.econbiz.de/10014241270
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010296295
, a reliable assessment of inequality in living standards, therefore, necessitates the conversion of the original … conversion strategy, and explain our results by means of an inequality decomposition by population subgroups. …
Persistent link: https://www.econbiz.de/10010324347
well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up …
Persistent link: https://www.econbiz.de/10010325687
This paper presents a way to explore how macroeconomic shifts cause inequality changes. It is based on the backwardness … control over the direct impact on inequality changes caused by macroeconomic changes that affects the relative competitiveness … inequality in a context of capital-skill complementarity and imperfect mobility of workers. The main conclusion of this paper is …
Persistent link: https://www.econbiz.de/10010332688