In the last three decades, the People's Republic of China (PRC) has managed to replace its welfare-based urban housing system with a market-based housing provision scheme. With such significant housing policy changes, the PRC has successfully expanded urban home ownership and impressively...

Hospital readmission rate has been broadly accepted as a quality measure and cost driver. However, success in reducing readmissions has been elusive. In the US, almost 20 % of Medicare inpatients are rehospitalized within 30 days, which amounts to a cost of $17 billion. Given the skyrocketing...

The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe-and beyond-still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by...

We propose a near zero-intelligence agent-based model of the E-Mini S&P 500 futures market that allows for a close examination of market microstructure in the context of a flash crash. Several classes of agents are characterized by how fast they trade and where they place trades in the limit...

The technological advancement of financial markets has allowed for trade to move to being nearly entirely electronic, with the majority of trades placed by automated participants. This has resulted in drastic increases in the quantity and complexity of regulatory data. The processing and...