This paper provides a guide to using machine learning in public administration.
problem Lack of clarity in proper use and potential pitfalls of machine learning methods.
method Provides a foundational view of machine learning and demonstrates its use in public administration research.
result Machine learning techniques can enrich public administration research and practice.
Well-defined formal definitions for sentiment and opinion are extended to incorporate the necessary elements to provide a formal quantitative definition of reputation. This definition takes the form of a time-based index, in which each element is a function of a collection of opinions mined during a given time period. …
Model analyzes OTC market making with reputation feedback.
problem Optimizing electronic OTC liquidity provision considering reputation.
method Developed a stochastic-control model with feedback loops.
result Policy alternates between reputation-building and franchise monetization phases.
Model analyzes how reputation feedback affects OTC market making.
problem Understanding and optimizing OTC market making strategies.
method Developed a stochastic-control model with feedback loops.
result Policy alternates between reputation building and franchise monetization.
Study shows social media impacts shareholder returns on ESG risks.
problem Investor sentiment and public opinion on ESG risks.
method Event study design using social media data.
result Statistically significant reduction in abnormal returns after ESG-risk events.
Organizations adapt ML models to new data types using existing resources.
problem Adapting ML models to new data types in evolving applications.
method Utilize organizational resources like statistics, knowledge bases, and existing services to create a common feature space.
result Reduces model development time from months to days.
Two novel algorithms improve distributed machine learning in the presence of Byzantine adversaries.
problem Improving distributed machine learning in the presence of Byzantine adversaries.
method Two novel stochastic gradient descent algorithms, ByGARS and ByGARS++, using reputation scores for gradient aggregation.
result Robust to any number of multiplicative noise Byzantine adversaries and converge for strongly convex loss functions.
Companies do not operate in a vacuum. As companies move towards an increasingly specialized production function and their reach is becoming truly global, their aptitude in managing and shaping their inter-organizational network is a determining factor in measuring their health. Current models of company financial healt…
A new federated learning framework ensures fairness and robustness.
problem Collaborative fairness and adversarial robustness in federated learning.
method RFFL framework with a reputation mechanism to identify and remove non-contributing or malicious participants.
result RFFL achieves high fairness and robustness to different types of adversaries.
Study shows market volatility affects optimal communication design for trading strategies.
problem Investigating how communication impacts trading strategy performance in multi-agent systems.
method 5-agent LLM-based trading systems across 450 experiments spanning 21 months, comparing 5 organizational structures.
result Communication improves performance but depends on market characteristics, with competitive conversation excelling in volatile tech stocks.
Reducing barriers to entry in large-scale ML markets, study shows multi-objective learning can lower data requirements.
problem Barriers to entry in emerging markets for large-scale machine learning models.
method Defined a multi-objective high-dimensional regression framework to study reputational damage and data requirements.
result The number of data points needed for a new company to enter the market can be significantly smaller than the incumbent company's dataset size.
Framework scores DeFi users based on liquidity and trading behavior.
problem Distinguishing between liquidity provision and active trading in DeFi.
method Rule-based decomposition, deep residual neural network, pool-level context.
result Deep residual neural network improves user scoring and risk assessment.
We propose a continuum model for the description of buyer and seller dynamics in an Internet market. The relevant variables are the research effort of buyers and the sellers' reputation building process. We show that, if a commercial web-site gives consumers the possibility to rate credibly sellers they bargained with,…
Enhances cyber risk assessment with entity-specific features.
problem Lack of high-quality public cyber incident data.
method Develops an InsurTech framework to enrich cyber incident data with entity-specific attributes and implements machine learning models.
result InsurTech features improve prediction robustness and provide customized risk profiles.
New approach simulates reputation dynamics using information compression.
problem Malicious communication strategies in reputation networks.
method Uses information compression techniques to simulate social phenomena.
result Emergent phenomena like echo chambers and deception are observed.
Model analyzes how firms balance full disclosure with selective disclosure to maintain a good reputation.
problem Managing reputation in financial markets through voluntary disclosure.
method Developed a dynamic model with two disclosure strategies: candid and sparing, using a piecewise-deterministic model.
result Firms are rewarded for full disclosure but may switch to selective disclosure to avoid potential downgrades.
Improving software quality through effective organizational learning.
problem Lack of reliable quantification methods for software evolution.
method Leveraging application lifecycle management data to identify and address managerial practices.
result Effective learning from past processes improves software quality indirectly.
Many complex systems can be represented as networks, and the problem of network comparison is becoming increasingly relevant. There are many techniques for network comparison, from simply comparing network summary statistics to sophisticated but computationally costly alignment-based approaches. Yet it remains challeng…
P3LS preserves privacy while integrating data across companies.
problem Privacy concerns in cross-organizational data exchange and integration.
method Privacy-preserving federated learning technique using SVD-based PLS and random masks.
result Improves prediction performance on process-related indicators.
Proposes a method for evaluating multiple dimensions of organizational effectiveness using DEA.
problem Evaluating multiple dimensions of organizational effectiveness in large data sets.
method Introduces two regularized DEA models (SBM and GP-SBM) to estimate both dimension-specific and aggregate efficiency scores.
result Demonstrates improved efficiency and validity compared to conventional methods.
Workplace communications became more siloed during the pandemic, reducing stability within communities.
problem Understanding changes in intra-organizational communication networks during the pandemic.
method Analyzed aggregated email metadata from 4,361 organizations worldwide over 24 months.
result Organizations became more siloed in 2020, with decreased stability within silos.
Efficiently learns high-quality hierarchical embeddings in hyperbolic space.
problem Discovering hierarchical relationships from large-scale similarity scores.
method Used the Lorentz model of hyperbolic geometry to learn embeddings efficiently.
result The proposed approach yields high-quality embeddings that improve over Poincaré embeddings, especially in low dimensions.
Crowdsourced algorithms identify fake news on Twitter.
problem Identifying fake news on social media platforms.
method Evaluation of reputation algorithms on a large dataset of Twitter news.
result Simple crowdsourcing-based algorithms can identify a significant portion of fake news with low false positive rates.
Study examines human factors in radiographic testing to improve inspection performance.
problem Insufficient consideration of human and organizational factors in NDT.
method CREAM method applied to analyze and model HOF on radiogram interpretation tasks.
result Model CREAM well-adapted for estimating HOF impact on NDT performances.
As the number of contributors to online peer-production systems grows, it becomes increasingly important to predict whether the edits that users make will eventually be beneficial to the project. Existing solutions either rely on a user reputation system or consist of a highly specialized predictor that is tailored to …
Productions functions map the inputs of a firm or a productive system onto its outputs. This article expounds generalizations of the production function that include state variables, organizational structures and increasing returns to scale. These extensions are needed in order to explain the regularities of the empiri…
The persistence of racial inequality in the U.S. labor market against a general backdrop of formal equality of opportunity is a troubling phenomenon that has significant ramifications on the design of hiring policies. In this paper, we show that current group disparate outcomes may be immovable even when hiring decisio…
CFFL framework improves fairness in FL without sacrificing accuracy.
problem Overfitting and lack of collaborative fairness in Federated Learning.
method CFFL framework uses reputation to ensure participants converge to different models.
result CFFL achieves high fairness, comparable accuracy, and better performance than Standalone and Distributed frameworks.
Study proposes new framework for Board-CEO relationship.
problem Recent corporate failures highlight Board's role in governance effectiveness.
method Analyzes Board-CEO relationship and role reversal in Principal-Agent Theory.
result Role reversal in governance may lead to organizational collapse.
Snorkel DryBell uses weak supervision to speed up machine learning model development.
problem Costly label data in machine learning applications.
method Flexible ingestion of organizational knowledge, cross-feature production serving, scalable execution.
result Comparable quality to hand-labeled models, 52% performance improvement on average.
Android and Facebook provide third-party applications with access to users' private data and the ability to perform potentially sensitive operations (e.g., post to a user's wall or place phone calls). As a security measure, these platforms restrict applications' privileges with permission systems: users must approve th…
The paper proposes a fair and private decentralized deep learning framework.
problem Ensuring fairness and privacy in collaborative deep learning.
method A reputation system and differential privacy are used. FDPDDL framework is built with two stages: initialisation and update.
result FDPDDL achieves high fairness, comparable accuracy to centralised and distributed frameworks, and better accuracy than standalone.
We examine the space of solutions to the affine quasi--Einstein equation in the context of homogeneous surfaces. As these spaces can be used to create gradient Yamabe solitions, conformally Einstein metrics, and warped product Einstein manifolds using the modified Riemannian extension, we provide very explicit descript…
Adaptive AI delegation framework for dynamic decision authority allocation.
problem Dynamic allocation of decision authority to AI-generated recommendations under evolving evidence quality and uncertainty.
method Formulated as a Governance-Aware POMDP, using Bayesian inference for informational state estimation and sequential optimization for authority allocation.
result Sequential Bayesian governance provides the strongest general-purpose policy across AI-quality regimes, adapting to evolving evidence.
Research shows higher damages may encourage more disclosure in corporate disputes.
problem How to resolve disputes over undisclosed material events in a way that encourages voluntary disclosure.
method Dynamic continuous-time model of management's equilibrium disclosure decision.
result Increased damages may lead to an endogenous increase in voluntary disclosure.
System filters inappropriate YouTube content for advertisers.
problem Inadequate detection of inappropriate content on YouTube ads.
method Proposes a system for identifying and filtering inappropriate content.
result Current countermeasures are ineffective in detecting inappropriate content.
This work reviews and tests risk allocation strategies in finance, highlighting Shapley allocation's advantages.
problem Risk allocation in financial institutions with non-additive risk measures and layered structures.
method Systematic review of risk allocation strategies, testing in simplified and realistic settings, including Basel 2.5 and FRTB.
result Shapley allocation offers the best compromise between simplicity, mathematical properties, and computational cost.
Paper uses queue theory to model financial signals with relativistic delay.
problem Relativistic delay in financial trading signals.
method Modified M/M/G queue theory.
result Describes propagation of trading signals with finite velocity.
Neural network models have a reputation for being black boxes. We propose to monitor the features at every layer of a model and measure how suitable they are for classification. We use linear classifiers, which we refer to as "probes", trained entirely independently of the model itself. This helps us better understand …
New algorithm reduces regret in strategic prediction problem.
problem Designing an IC algorithm with sublinear regret for strategic experts.
method Developed a new algorithm WSU-UX and proved a worst-case regret bound.
result WSU-UX suffers a Ω(T2/3) lower bound on regret. A dealer manages quotes and rejection rules to control slippage risk in FX markets.
problem Managing inventory risk and latency risk in OTC FX market making.
method Dynamic programming and adiabatic-quadratic approximation to optimize quotes and rejection rules.
result Developed a method to optimize quotes and rejection rules for managing slippage risk.
This paper clarifies Bitcoin's volatility and predictability across daily, weekly, and monthly scales.
problem Clarify Bitcoin's volatility and predictability across different time scales.
method Using daily, weekly, and monthly closing prices and log-returns data, analyze volatility and predictability.
result Bitcoin exhibits high volatility and high predictability, with different behaviors at different time scales.
The paper assesses fairness in AI for financial services, using statistical methods.
problem Unintentional bias and insufficient model validation in AI applications.
method Statistical methods for imbalanced data treatment and bias mitigation.
result Fairness evaluation metrics applied to a credit card default payment example.
Clarifies model-based RL's theoretical issues and counterexamples for popular losses.
problem Model-based reinforcement learning's empirical performance vs. theoretical properties and popular loss functions.
method Analyzes empirical and theoretical aspects of model-based RL and constructs counterexamples for losses.
result MuZero loss fails in stochastic and deterministic environments, leading to exponential sample complexity.
The study explores when it's best to remove a real estate broker from the process.
problem Optimal conditions for removing a real estate broker.
method New models analyzing information asymmetry, social capital, and contract types.
result Dis-intermediation can be optimal under certain conditions.
Study identifies what healthcare tasks can and should be automated.
problem Undesired consequences of automation in healthcare.
method Quantitative analysis using machine learning models trained on practitioner and expert ratings.
result Developed an analytical tool (Automatability-Desirability Matrix) for policymakers and leaders.
This paper is a contribution to interweaving two lines of research that have progressed in separate ways: network analyses of international trade and the literature on African trade and development. Gathering empirical data on African countries has important limitations and so does the space occupied by African countri…
A system for Operational Risk management based on the computational paradigm of Bayesian Networks is presented. The algorithm allows the construction of a Bayesian Network targeted for each bank using only internal loss data, and takes into account in a simple and realistic way the correlations among different processe…