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Classification in the Wild
Rules for building formal models that use fast-and-frugal heuristics, extending the psychological study of classification to the real world of uncertainty. This book focuses on classification--allocating objects into categories--"in the wild," in real-world situations and far from the certainty of the lab. In the wild, unlike in typical psychological experiments, the future is not knowable and uncertainty cannot be meaningfully reduced to probability. Connecting the science of heuristics with machine learning, the book shows how to create formal models using classification rules that are simple, fast, and transparent and that can be as accurate as mathematically sophisticated algorithms developed for machine learning.
Cognitive Operations
This book examines how people make decisions under risk and uncertainty in operational settings and opens the black box by specifying the cognitive processes that lead to human behavior. Drawing on economics, psychology and artificial intelligence, the book provides an innovative perspective on behavioral operations. It shows how to build optimization as well as heuristic models for describing human behavior and how to compare such models on various dimensions such as predictive power and transparency, as well as discussing interventions for improving human behavior. This book will be particularly valuable to academics and practitioners who seek to select a modeling approach that suits the operational decision at hand.
Data Science for Economics and Finance
This open access book covers the use of data science, including advanced machine learning, big data analytics, Semantic Web technologies, natural language processing, social media analysis, time series analysis, among others, for applications in economics and finance. In addition, it shows some successful applications of advanced data science solutions used to extract new knowledge from data in order to improve economic forecasting models. The book starts with an introduction on the use of data science technologies in economics and finance and is followed by thirteen chapters showing success stories of the application of specific data science methodologies, touching on particular topics rela...
Artificial Intelligence in Finance
This book provides a comprehensive analysis of the primary challenges, opportunities and regulatory developments associated with the use of artificial intelligence (AI) in the financial sector. It will show that, while AI has the potential to promote a more inclusive and competitive financial system, the increasing use of AI may bring certain risks and regulatory challenges that need to be addressed by regulators and policymakers.
Regulating Financial Innovation
This book explores the impact of 'Fintech' on the information asymmetry between the financial regulator and the markets. It details the growing regulatory mismatch and how Fintech exacerbates the “pacing problem”, where the regulator struggles to keep up with innovation. With information as a point of reference, the book adds a new perspective on the latest phenomenon in financial innovation and presents a novel framework for navigating structural changes in the financial sector. Based on this analysis, a number of proposals to reduce the information gap and avoid regulatory mismatch are discussed. Thereby, new and promising regulatory concepts, such as regulatory sandboxes and SupTech applications are also covered. This book provides a practical framework for regulatory responses to financial innovation. It will be relevant to researchers and practitioners interested in financial technology and regulation.
Externalities and Enterprise Software: Helping and Hindering Legal Compliance
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Proceedings of the 2022 2nd International Conference on Public Management and Intelligent Society (PMIS 2022)
This is an open access book. The 2nd International Conference on Public Management and Intelligent Society (PMIS 2022) was held on March 18-20, 2022 in Xishuangbanna, China. The aim of the conference is to bring together innovative academics and industrial experts in the field of Public Management and Intelligent Society to a common forum. The primary goal of the conference is to promote research and developmental activities in Public Management and Intelligent Society and another goal is to promote scientific information interchange between researchers, developers, students, and practitioners working all around the world.
A Fast and Frugal Finance
A Fast and Frugal Finance: Bridging Contemporary Behavioural Finance and Ecological Rationality adds psychological reality to classical financial reasoning. It shows how financial professionals can reach better and quicker decisions using the 'fast and frugal' framework for decision-making, adding dramatically to time and outcome efficiency, while also retaining accuracy. The book provides the reader with an adaptive toolbox of heuristic tools and classification systems to aid real-world decisions. Throughout, financial applications are presented alongside real-world examples to help readers solve established problems in finance, including stock buying and selling decisions, when faced with ...
Photoshop CS4 Down & Dirty Tricks
UNLOCK THE SECRETS OF THE HOTTEST TRICKS, AND MOST REQUESTED PHOTOSHOP EFFECTS IN ONE AMAZING BOOK! Scott Kelby, co-host of Photoshop User TV and the world’s #1 bestselling Photoshop author, is back to unlock the secrets of an amazing new collection of the latest eye-popping, jaw-dropping, Photoshop special effects—the same kind that made Scott’s previous editions of this book one of the top selling Photoshop books in history. You’ll learn some of the most closely guarded Photoshop CS4 special effects—the same ones you see on TV, in magazines, and on the Web. Using Scott’s simple step-by-step method, with hundreds of full-color images, you’ll see exactly how it’s all done. Th...
Fake-Mafia in der Wissenschaft
"Wa(h)re Wissenschaft"? Der größte Wissenschaftsbetrug aller Zeiten überrollt uns lawinenartig, aber unbemerkt: Hunderttausende "Fake-Publikationen" werden pro Jahr von einer gierigen Fake-Mafia mithilfe künstlicher Intelligenz produziert. Ihre Kunden sind weltweit skrupellose Wissenschaftler, die unter enormem Publikationsdruck stehen und so Bonuszahlungen oder Beförderungen erschleichen. Sog. Papiermühlen tarnen sich als "Editing-Agenturen" und werben öffentlich für den Verkauf gefälschter Autorenschaften, Daten, Abbildungen und vollständiger Manuskripte. Ihre Zulieferer sind Fake-Reviewer, -Redakteure, bestochene Herausgeber von Zeitschriften und Raubjournale. Es ist ein profita...
