finance. Specifically, our analysis focuses on two emerging market abuse risks by autonomous algorithms: market manipulation … and “tacit” collusion. We explore their likelihood to arise on global capital markets and evaluate related social harm as …

been reports about systematic manipulation of the LIBOR. We thus investigate incentives and possibilities to rig the LIBOR …The London InterBank Offered Rate (LIBOR) is the most important set of interest rate benchmarks. Recently there have … standard and honesty the exception. In particular, we can theoretically explain why the LIBOR quotes were too low during the …