China's infrastructure investments fail to deliver economic growth, leading to fragility.
problem The myth that infrastructure investment leads to economic growth is debunked.
method Analysis of the largest dataset of infrastructure investment data in China.
result Infrastructure investments in China do not provide a positive risk-adjusted return.
The Economist recently reported that infrastructure spending is the largest it is ever been as a share of world GDP. With $22 trillion in projected investments over the next ten years in emerging economies alone, the magazine calls it the "biggest investment boom in history." The efficiency of infrastructure planning a…
The article first describes characteristics of major infrastructure projects. Second, it documents a much neglected topic in economics: that ex ante estimates of costs and benefits are often very different from actual ex post costs and benefits. For large infrastructure projects the consequence is cost overruns, benefi…
This study analyzes dynamic connectedness in global supply chain infrastructure portfolios, identifying key risk factors and extreme events.
problem Understanding dynamic connectedness in global supply chain infrastructure portfolios under various risk factors and extreme events.
method Time-varying parameter vector autoregression (TVP-VAR) model to study spillover and interconnectedness of risk factors.
result Risk shocks influence dynamic connectedness between portfolios and risk factors, and extreme events affect investment outcomes.
Qlib aims to integrate AI into quantitative investment.
problem Challenges in applying AI to quantitative investment.
method Design and develop Qlib to accommodate AI-driven workflow.
result Qlib realizes the potential of AI technologies in quantitative investment.
This paper ranks Latin American countries based on AI potential.
problem Identifying emerging AI powers in Latin America.
method Ranking based on infrastructure, education, and finance.
result Argentina, Colombia, Uruguay, Costa Rica, and Ecuador are new emerging powers in AI.
Develops a framework to assess infrastructure reliability under natural and malicious events.
problem Assessing reliability and costs of infrastructure under various hazards.
method Coupling mechanical reliability analyses with economical reliability analyses using probabilistic considerations.
result Indicators of probable cost of failure for infrastructure, aiding safety investments.
Report examines Muskrat Falls Project's cost and schedule overruns.
problem Analyzing Muskrat Falls Project's cost and schedule overruns.
method Examines national and international context, causes, and recommendations.
result Provides insights into preventing cost and schedule overruns in hydroelectric dam projects.
Winterization of Texas power system profitable but risky, estimated at $11.74bn over 30 years.
problem Profitability and risk of winterizing Texas power system infrastructure.
method Combined temperature-dependent load and outage estimates over 71 years of climate data.
result Large-scale winterization of gas infrastructure and power plants is profitable, but risks are high due to low-frequency of cold spells.
Model uses satellite imagery to assess road quality.
problem Inefficient monitoring of road investments in developing regions.
method Convolutional neural networks on high-resolution satellite imagery.
result Models achieve 88% binary and 73% 5-category classification accuracy.
Investor and firm optimize sustainable investment and emission reduction through a dynamic game.
problem Optimal sustainable investment and emission reduction in a dynamic game setting.
method Formulated as a nonzero-sum dynamic game, solved via variational inequalities and verified in a diffusive setup.
result Nash equilibria show moving boundaries increasing with emission abatement, triggered by both investor and firm actions.
Study uses Perelman and Ricci flow methods to analyze economic inequality.
problem Impact of socio-economic challenges and technological progress on economic inequality.
method Perelman model and Ricci flow methods.
result Technological innovations and social protection programs reduce inequality.
Machine learning monitors fueling infrastructure reliability.
problem Ensuring reliability of alternative fueling infrastructure for ZEV adoption.
method Unsupervised temporal clustering algorithm and survey analysis.
result Infrastructure performance and reliability determined for hydrogen stations in California.
Study examines how governance, corruption, and R&D affect economic development.
problem The impact of corruption and governance on economic development.
method General equilibrium model with heterogeneous agents and a government, including corruption as a fraction of tax revenues.
result Redistribution and innovation-led strategies can mitigate the negative effects of corruption on economic development.
Deep learning predicts infrastructure quality in Africa using satellite imagery.
problem Expensive and limited monitoring of infrastructure quality in developing regions.
method Convolutional neural network trained on Landsat 8 and Sentinel 1 satellite imagery.
result AUROC scores of 0.881 for Electricity, 0.862 for Sewerage, 0.739 for Piped Water, and 0.786 for Roads.
The study reveals fundamental limits of fraud detection in card payment networks.
problem Fraud detection in card payment networks is challenging due to structural information impairments.
method Formalized card authorization as a sequential decision problem with delayed feedback, derived minimax regret lower bound.
result Improving issuer reporting quality or reducing censorship can yield larger reductions in the regret floor than increasing model complexity.
An Ensemble Anomaly Detection Framework for Risk Calculation Integrity
problem Detecting errors in risk valuation outputs
method Ensemble Quality Assessment Framework (EQAF)
result Achieves F1 scores of 61-79% across four datasets
This study examines financial spillovers in critical minerals investing, revealing ESG scores impact and role of energy and carbon markets.
problem Investment risks in critical minerals and their spillovers to energy and carbon markets.
method Time-varying parameter vector autoregression (TVP-VAR) model, split data into pre- and post-COVID-19 samples.
result ESG scores significantly impact spillovers, and specific ETFs act as net givers or receivers of volatility.
VTrackIt creates a synthetic dataset with infrastructure and vehicle info for AVs.
problem Lack of infrastructure and pooled vehicle info in existing AV datasets.
method Developed VTrackIt, a synthetic dataset with intelligent infrastructure and pooled vehicle info, and introduced InfraGAN for trajectory predictions.
result VTrackIt reduces high-risk edge cases in AV trajectory predictions.
Deep learning speeds up infrastructure reliability analysis.
problem Efficiently evaluate infrastructure system reliability under natural disasters.
method Developed deep neural network surrogates for connectivity determination and system reliability analysis.
result Proposed approach accelerates reliability analysis with high accuracy.
Cryptocurrency markets show similar returns but different volatility responses to infrastructure and regulatory shocks.
problem Understanding how cryptocurrency markets differentiate between infrastructure and regulatory shocks.
method Event-level block bootstrap inference on 31 cryptocurrency events across Bitcoin, Ethereum, Solana, and Cardano (2019-2025).
result No statistically significant difference in cumulative abnormal returns between infrastructure failures and regulatory enforcement.
A novel outlier score detects new road infrastructure images.
problem Detecting newly observed road infrastructure images.
method Entropy-based outlier score using directed nearest neighbor graphs.
result High potential of the proposed technique in identifying outliers.
We combine Bayesian networks (BNs) and structural reliability methods (SRMs) to create a new computational framework, termed enhanced Bayesian network (eBN), for reliability and risk analysis of engineering structures and infrastructure. BNs are efficient in representing and evaluating complex probabilistic dependence …
Hybrid framework predicts Arctic permafrost decline, risks infrastructure, and provides tools.
problem Tackles permafrost decline and infrastructure risk assessment in Arctic territories.
method Hybrid physics-machine learning framework integrating 2.9 million observations.
result Projects mean permafrost fraction decline of -20.3 pp under RCP8.5 forcing, with high-risk zones identified.
IntraLayer connects digital finance platforms efficiently.
problem Inefficient interconnectivity in digital finance.
method Core infrastructure and adaptive fiscal policy.
result Optimised transactional efficiency for various agents.
This paper argues, first, that a major problem in the planning of large infrastructure projects is the high level of misinformation about costs and benefits that decision makers face in deciding whether to build, and the high risks such misinformation generates. Second, it explores the causes of misinformation and risk…
Research quantifies financial exclusion risks in UK, focusing on cash infrastructure and socio-economic factors.
problem Localised financial exclusion in the UK as cash infrastructure declines.
method Developed a composite indicator using various input variables.
result Financial exclusion is more prevalent in deprived communities and affluent areas.
Fragmented exchanges arise due to speed advantages in high-activity regions.
problem Fragmentation of distributed securities exchanges due to speed advantages in high-activity regions.
method Economic model and Monte Carlo simulations of a decentralized exchange with two miner clusters.
result Speed advantage increases with infrastructure asymmetry between regions.
Deep learning detects cyber-attacks in smart grid systems.
problem Cyber-attacks on smart grid systems.
method Deep learning-based intrusion detection system trained on industrial dataset.
result Proposed system outperforms Naive Bayes, SVM, and Random Forest.
Stanford DAWN project aims to simplify machine learning development.
problem Time-consuming and expensive machine learning development for non-experts.
method Development of systems and tools for end-to-end machine learning applications.
result Simplified machine learning development for non-experts.
Infrastructure monitors AI/ML radiology models across multiple sites.
problem Monitoring and improving AI/ML radiology models across multiple sites.
method Interactive radiology reporting, centralized cloud system, post-marketing surveillance.
result Efficient monitoring and iterative development of AI/ML models without radiologist burden.
Simpler model outperforms state-of-the-art for disaggregating census data.
problem Disaggregating detailed census data into finer-grained, high-resolution mappings.
method Aggregate learning approach using ancillary data for an interpretable model.
result Simple model outperforms state-of-the-art on disaggregation metrics.
Automated road infrastructure mapping using connected vehicle data and deep learning.
problem Manual identification of intersections is laborious and time-consuming.
method Geohashing, YOLOv5 algorithm for classification of road segments and intersections.
result Overall classification accuracy of 95%, with high F1 scores for straight roads and intersections.
Paper reviews the evolution of alpha from human insight to AI-powered systems.
problem Exceeding market benchmarks in finance.
method Five-stage taxonomy integrating representation learning, multimodal data fusion, and LLM agents.
result Unified framework for evaluating and developing next-gen alpha systems.
Methodology measures financial impacts using existing credit loss infrastructure.
problem Measuring the impact of financial scenarios on expected credit losses.
method Captures scenario effects through changes in default probabilities; uses existing provisioning infrastructure.
result Methodology validated through standardized climate scenario exercise in Canada and Quebec.
The study examines how modernizing settlement infrastructure affects inside money elasticity and network efficiency.
problem Understanding the impact of modernizing settlement infrastructure on inside money elasticity and network efficiency.
method Constructed a panel dataset of 809 reform events across 24 advanced economies, decomposed into economic channels and phases, and used a T2S event-study and synthetic control method.
result Modernizing settlement infrastructure generates network-conditional balance sheet efficiencies, with an estimated +13.4 percent efficiency recovery from 2027-2032.
Study assesses 'big data' in materials science, highlighting challenges.
problem Understanding what constitutes 'big data' in materials science.
method Selected examples of machine learning models, data quality, and infrastructure requirements.
result Big data presents unique challenges in materials science.
Deep learning maps road safety features from streetview imagery.
problem Accurate mapping of road safety features for safer roads.
method Proposes a deep learning approach with LSTM to capture spatial autocorrelation.
result Model outperforms baseline methods in mapping road safety features.
Study develops smart contract framework for procurement under demand variability.
problem Operational and economic implications of smart contract adoption under moderate uncertainty.
method Multi-supplier model with endogenized adoption costs, supplier readiness, and inventory penalties; analytical and numerical results.
result Partial adoption strategies support moderate demand variability, while excessive digital investment reduces profitability.
Paper explores AIaaS on SDI, offering services in smart sectors.
problem Complexity of infrastructures driving AIaaS.
method Proposes architectural scheme based on SDIs with AI-aaS applications.
result Experimental results for three AI-aaS applications.
Proposes a multi-objective variational autoencoder for smart infrastructure damage detection.
problem Detecting and diagnosing damage in smart infrastructure using multi-way data.
method Multi-objective variational autoencoder (MVA) method for smart infrastructure damage detection and diagnosis.
result The method accurately detects structural damage, estimates severity, and captures damage locations.
Optimizes electric aircraft deployment for Canadian aviation to reduce emissions.
problem Limited fleet capacity and operational structure hinder electric aircraft transition.
method Multi-period mixed-integer linear programming (MILP) framework.
result Electric aircraft can reduce emissions by over 70% within five years.
Report assesses Edinburgh tram project's risk management.
problem Projects often exceed costs and timelines, underperforming intended benefits.
method Describes and evaluates risk assessment and management for the Edinburgh tram.
result Careful consideration of cost, schedule, and benefit risks is crucial for megaprojects.
Satellite imagery and ML improve livelihood measurements and estimate electrification's impact.
problem Sparse data hinders policy development and evaluation.
method Satellite imagery, machine learning, and ML inference techniques.
result Grid access improves rural asset wealth by 0.17 standard deviations.
Taxonomy of knowledge modalities in RL for better transfer.
problem Tackling the transfer of knowledge in reinforcement learning.
method Systematic analysis of knowledge modalities in RL.
result A taxonomy of knowledge modalities in reinforcement learning.
We collect and analyze the data for working time, life expectancy, and the pair output and infrastructure of industrializing nations. During S-functional recovery from disaster the pair's time shifts yield 25 years for the infrastructure's physical lifetime. At G7 level the per capita outputs converge and the time shif…
Deep neural networks detect cyberthreats from Twitter.
problem Scalable processing of cybersecurity information from social media.
method Convolutional and bidirectional LSTM networks for tweet classification and named entity recognition.
result Pipeline achieves high true positive and F1-score rates for threat detection.
This article presents results from the first statistically significant study of cost escalation in transportation infrastructure projects. Based on a sample of 258 transportation infrastructure projects worth US$90 billion and representing different project types, geographical regions, and historical periods, it is fou…