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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
We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at least one member has an incentive to supply a positive amount of the public good. More specifically, we analyze group member heterogeneity with respect to two dimensions:...
Persistent link: https://www.econbiz.de/10009578217
inequality: Thus there is a new approach for explaining Piketty's historical findings of a medium term rise of the capital income …
Persistent link: https://www.econbiz.de/10010510592
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10011288794
Inequality, bi-polarization and polarization are related but distinct concepts aiming at analysing the income … distribution. This paper first recalls the main differences between these three notions of inequality, bipolarization and …, in the case of the so-called zero income Shapley decomposition, inequality in Luxembourg is strongly related to income …
Persistent link: https://www.econbiz.de/10009747421