An optical chip with 1,000 components could crunch tricky math problems for...
HP Labs develope an optical processor to outperform on tasks like the traveling salesman problem. https://t.co/NrhpJLGtgU @HP @HPUK — Financial Technology…
View ArticleAre Technical Experts Better Leaders?
James K. Stoller, Amanda Goodall, and Agnes Baker have published an intriguing Harvard Business Review article titled, "Why the Best Hospitals are Managed by Doctors."  In the piece, they state the...
View ArticleFinancial Technology News Report
The latest Financial Technology News Report! https://t.co/0gmaIvLGXH Thanks to @michelleprice36 @FinanceConrad @IBMAsiapacific — Financial Technology…
View ArticleBitcoin’s $1,000 value is something to worry about, not cheer
#bitcoin has reached a three-year high, but according to some people it’s no cause for celebration.https://t.co/FfnJ5rkbgC — Financial Technology (@fin_tech)…
View ArticleBrownian trading excursions and avalanches. (arXiv:1701.00993v1 [q-fin.MF])
We study a parsimonious but non-trivial model of the latent limit order book where orders get placed with a fixed displacement from a center price process, i.e.\ some process in-between best bid and...
View ArticleNon-Cognitive Abilities and Financial Delinquency: The Role of Self-Efficacy...
We investigate a novel determinant of household financial delinquency, namely, people's subjective expectations regarding the cost-benefit trade-off in default decisions. These expectations are...
View ArticleIntergenerational Mobility and Preferences for Redistribution -- by Alberto...
Using newly collected cross-country survey and experimental data, we investigate how beliefs about intergenerational mobility affect preferences for redistribution in five countries: France, Italy,...
View ArticlePrison Work Programs in a Model of Deterrence -- by A. Mitchell Polinsky
This article considers the social desirability of prison work programs in a model in which the function of imprisonment is to deter crime. Two types of prison work programs are studied--voluntary ones...
View ArticleFaculty Deployment in Research Universities -- by Paul N. Courant, Sarah Turner
Deploying faculty efficiently (or more efficiently) should surely part of any optimizing strategy on the part of a college or university. Basic microeconomics about the "theory of the firm" provide...
View ArticleGasoline Price Uncertainty and the Design of Fuel Economy Standards -- by...
What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this problem has a strong parallel to Weitzman's (1974) classic model of using price or...
View ArticleMaximizing the Impact of Climate Finance: Funding Projects or Pilot Projects?...
This paper contributes to the understanding of how to maximize the impact of publicly provided climate finance to leverage the private sector. Agencies seeking to promote private investment in support...
View ArticleExpectation, Disappointment, and Exit: Reference Point Formation in a...
We study expectation-based reference point formation using data from an online auction marketplace. We hypothesize that exit from the marketplace is affected by disappointment from abruptly losing an...
View ArticleThe Changing Structure of Africa's Economies -- by Xinshen Diao, Kenneth...
Using data from the Groningen Growth and Development Center's Africa Sector Database and the Demographic and Health Surveys, we show that much of Africa's recent growth and poverty reduction has been...
View ArticleCool to be Smart or Smart to be Cool? Understanding Peer Pressure in...
Concerns about social image may negatively affect schooling behavior. We identify two potentially important peer cultures: one that stigmatizes effort (thus, where it is "smart to be cool") and one...
View ArticleFederal Funding of Doctoral Recipients: Results from new Linked Survey and...
Funding of research is critically important because it affects the flow of new, doctorally qualified scientists into the workforce. This paper provides new insights into how survey data can be combined...
View ArticleResearch Funding and Regional Economies -- by Nathan Goldschlag, Stefano...
Public support of research typically relies on the notion that universities are engines of economic development and that university research is a primary driver of high wage localized economic...
View ArticleChildhood Circumstances and Adult Outcomes: Act II -- by Douglas Almond,...
That prenatal events can have life-long consequences is now well established. Nevertheless, research on the Fetal Origins Hypothesis is flourishing and has expanded to include the early childhood...
View ArticleThe Factory-Free Economy: Outsourcing, Servitization and the Future of...
The shift towards a "factory-free" economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or...
View ArticleCommodity Price Forecasts, Futures Prices and Pricing Models -- by Gonzalo...
Even though commodity pricing models have been successful in fitting the term structure of futures prices and its dynamics, they do not generate accurate true distributions of spot prices. This paper...
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January 2017 Data Update 1: The Promise and Perils of "Big Data"!
Each year, for the last 25 years, I have spent the first week playing Moneyball, with financial data. I gather accounting and market data on all publicly traded companies, listed globally, and then try...
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