Paper analyzes virtual economies, reducing volatility and inflation.
problem Reduces player satisfaction and developer revenue in virtual economies.
method Analytical methods from financial literature applied to virtual economies.
result High level overview of virtual economic activity with conservative trading volume estimates.
Study uses sentiment analysis to predict cryptocurrency token returns in virtual reality.
problem Predicting cryptocurrency token returns in virtual reality economies.
method Used BERT for sentiment analysis and developed LSTM models integrating multi-modal features.
result Multi-modal model significantly outperforms price-only baseline in prediction accuracy.
We develop the first basic Operational Risk perspective on key risk management issues associated with the development of new forms of electronic currency in the real economy. In particular, we focus on understanding the development of new risks types and the evolution of current risk types as new components of financia…
Almost universally, wealth is not distributed uniformly within societies or economies. Even though wealth data have been collected in various forms for centuries, the origins for the observed wealth-disparity and social inequality are not yet fully understood. Especially the impact and connections of human behavior on …
Corporate governance struggles to curb fraud in a globalized economy.
problem Lack of effective international regulations against corporate fraud.
method Analyzes historical economic crises and the role of corporate governance.
result Corporate governance is insufficient to prevent large business fraud.
This study evaluates Algorand and Ethereum 2.0 for blockchain trilemma challenges.
problem Balancing decentralization, security, and scalability in blockchain systems.
method Comparative analysis of Algorand and Ethereum 2.0 using metrics for decentralization, scalability, and security.
result Each system has strengths in addressing the blockchain trilemma, providing insights for other blockchain technologies.
The growth of business firms is an example of a system of complex interacting units that resembles complex interacting systems in nature such as earthquakes. Remarkably, work in econophysics has provided evidence that the statistical properties of the growth of business firms follow the same sorts of power laws that ch…
This paper explores IT governance for CBDC adoption in financial markets.
problem Adopting CBDC requires new IT governance models in financial markets.
method Systematic Literature Review (SLR) of 14 studies on IT resources and governance models.
result Many IT resources and preliminary IT designs for CBDC governance identified.
Cryptocurrency and NFT prices are highly correlated, mirroring historical bubbles.
problem Evaluating the wealth effect of cryptocurrency prices on real estate.
method Exploiting metaverse LAND and cryptocurrencies to track correlations and causality.
result Cryptocurrency prices Granger cause NFT LAND prices, similar to historical bubbles.
Paper presents an econophysics model for mixed economies.
problem Understanding mixed economies in various countries.
method Developed an econophysics model with a reduced state sector participation.
result Proposed a new model with a 10-15% state sector participation.
Study models risks for low-carbon economy in Balkan countries, focusing on shadow economy and populism.
problem Risks and uncertainties in establishing a low-carbon economy in Balkan countries with transition economies.
method Transdisciplinary approach combining economic policy, public opinion, and climate change models.
result Identifies shadow economy and populism as key risk factors for low-carbon economy implementation.
Sandbox LAND prices differ based on unit of account, affecting investment returns.
problem Investment returns vary based on how prices are denominated.
method Analyzed over 71,000 transactions to compare different units of account.
result Users are willing to pay more in SAND and less in wETH for transactions.
This paper outlines a critical gap in the assessment methodology used to estimate the macroeconomic costs and benefits of climate policy. It shows that the vast majority of models used for assessing climate policy use assumptions about the financial system that sit at odds with the observed reality. In particular, the …
Paper proposes a framework for token economy simulation and wealth distribution.
problem Simulation and regulation of token economies.
method Formal analysis framework for tokenomics, defining mechanisms for wealth distribution and stability.
result Algorithmic regulatory controls for token economies to achieve desired wealth distribution.
Defines crisis transitions in pure exchange economies rigorously.
problem Understanding crises in economic equilibrium models.
method Uses mathematical concepts like branching, envelopes, and intrinsic derivative.
result Establishes criteria to distinguish crises from other equilibria.
Analyzes how economic policies affect wealth distribution in Bitcoin token economy.
problem Impact of economic policies on wealth distribution in token economies.
method Eliminated noise in wealth distribution data using macroeconomic and microeconomic time series. Causality analysis between BIPs and wealth distribution data.
result Proposed a structure for economic policy taxonomy in token economies.
We discuss a Pareto macro-economy (a) in a closed system with fixed total wealth and (b) in an open system with average mean wealth and compare our results to a similar analysis in a super-open system (c) with unbounded wealth. Wealth condensation takes place in the social phase for closed and open economies, while it …
The study finds significant financial sector volatility and tail risk spillovers to real economy sectors.
problem Volatility and tail risk spillovers from financial to real economy sectors.
method New measure of tail risk spillover, empirical analysis of U.S. economy 2001-2011.
result Significant volatility and tail risk spillovers from financial to real economy sectors, especially during crises.
New virtualized Δ-move simplifies virtual knots and links.
problem Simplifying virtual knots and links.
method Introducing a new local deformation called the virtualized Δ-move.
result Virtualized Δ-move is an unknotting operation for virtual knots.
We study the competitive equilibrium of large random economies with linear activities using methods of statistical mechanics. We focus on economies with C commodities, N firms, each running a randomly drawn linear technology, and one consumer. We derive, in the limit N,C→∞ with n=N/C fixed, a complete de…
Virtual index cocycles reformulate virtual link invariants.
problem No specific problem stated; focuses on reformulation.
method Using virtual index cocycles to reformulate invariants.
result Unified reformulation of virtual link invariants.
The paper studies strict equivalence in multi-virtual linkoids with new invariants.
problem Understanding strict equivalence in multi-virtual linkoids.
method Utilizing multi-virtual knot theory, defining strict virtual linkoids, and studying invariants.
result New invariants for strict virtual linkoids are defined.
Mathematical model predicts international trade and global economy dynamics.
problem Understanding complex international trade and economy interactions.
method Developed a mathematical model for non-equilibrium processes in open systems.
result Predicted model accurately reflects international trade and economy.
The study enumerates virtual quandles up to isomorphism.
problem Classifying virtual quandles up to isomorphism.
method Computer search and classification based on conjugacy class structures of rack automorphism groups.
result Classifications of virtual racks and quandles up to order 8.
New virtual version of Thompson's group created to handle virtual knots.
problem Creating a mathematical framework for virtual knots.
method Defining a virtual version of Thompson's group and proving its properties.
result Any virtual link can be constructed from an element of the new virtual Thompson's group.
The paper extends CF-moves to classify virtual links of any number of components.
problem Classifying virtual links using CF-moves.
method Extending CF-moves to classify virtual links of arbitrary number of components using the virtual linking number and invariants.
result Classification of 3-component even virtual links up to CF-moves.
Refines virtual link equality criterion for diagrams with one virtual crossing.
problem Determining when a virtual link diagram represents a properly virtual link.
method Refines the Kauffman-Murasugi-Thislethwaite type inequality for virtual links.
result Criterion for virtual link diagrams with exactly one virtual crossing to represent a properly virtual link.
Extend writhe polynomial from virtual knots to multi-virtual knots
problem Extend writhe polynomial from virtual knots to multi-virtual knots
method Extend writhe polynomial from virtual knots to multi-virtual knots
result Several questions asked in [16] have been answered
New invariants for virtual knots and links defined via quiver representations.
problem Defining new invariants for virtual knots and links.
method Quiver representations associated to virtual biquandles and rings.
result New polynomial invariants for virtual knots and links.
Study virtualized Delta, Sharp, and Pass moves for oriented virtual knots and links.
problem Conditions for unknotting oriented virtual knots and links.
method Local moves (Delta, Sharp, Pass) for oriented virtual links.
result Lower bounds for the unknotting numbers are proven and shown to be best possible.
Study finds nighttime lights correlate with Indian GDP growth.
problem Accurate forecasting of Indian economic growth.
method Examined relationship between GDP and nighttime lights using DMSP and VIIRS datasets.
result Nighttime lights correlate with Indian GDP growth.
The virtual unknotting number of a virtual knot is the minimal number of crossing changes that makes the virtual knot to be the unknot, which is defined only for virtual knots virtually homotopic to the unknot. We focus on the virtual knot obtained from the standard (p,q)-torus knot diagram by replacing all crossings o…
This paper connects virtual biquandles to biquandles for virtual link colorings.
problem Extending invariants from biquandles to virtual biquandles.
method Establishing equivalence between two representations of virtual braid groups and introducing new labeling rules.
result The number of colorings of a virtual link by virtual biquandles can be recovered from colorings by biquandles.
Associating stock mechanics to real economy, in terms of volume, number of transactions, and cost, i.e. money flow for shares, we obtained the fundamental laws of stock mechanics.
Virtual knots and links get multicrossings and petal diagrams.
problem Defining multicrossings for virtual knots and links.
method Extending multicrossings to virtual knots and links, showing petal diagrams exist.
result Petal diagrams exist for all virtual knots.
A phase plot of the oil economy is built using the literature data of world oil production, price, and EROEI (Energy Returned on Energy Invested). An analogy between the oil economy and the Benard convection is proposed; some methods of interpretation and forecast of the system behavior are also shown based on "phase p…
The green area of economy is the key of healthy living. It is necessary to convene economic and ecologic framework to establish a market attentive to drastic reduction of emissions damaging our climate and landscapes in rural areas, to the protection of biological diversity of the planet, to stop producing nuclear wast…
We present a model of an economy inspired by individual based model approaches in evolutionary ecology. We demonstrate that evolutionary dynamics in a space of companies interconnected through a correlated interaction matrix produces time dependencies of the total size of the economy total number of companies, companie…
This study analyzes global oil trade networks to assess their efficiency and robustness.
problem Dynamic monitoring and warning of international trade risks in global oil trade.
method Constructing unweighted and weighted global oil trade networks (OTNs) using UN Comtrade data from 1988 to 2017, and applying complex network theories.
result Efficiency of oil flows increases with complexity of OTNs, and weighted efficiency indicators highlight major events.
Model shows significant income inequality emerges from equal opportunities in a simple economy.
problem Income inequality in a simple foraging economy.
method Minimal, endogenous model of a simple foraging economy.
result Stochastic income distributions from the model match empirical data.
A virtual string can be defined as an equivalence class of planar diagrams under certain kinds of diagrammatic moves. Virtual strings are related to virtual knots in that a simple operation on a virtual knot diagram produces a diagram for a virtual string. In this paper we consider three operations on a virtual string …
The optimal (`equilibrium') macroscopic properties of an economy with N industries endowed with different technologies, P commodities and one consumer are derived in the limit N→∞ with n=N/P fixed using the replica method. When technologies are strictly inefficient, a phase transition occurs upon increas…
A virtual n-string is a chord diagram with n core circles and a collection of arrows between core circles. We consider virtual n-strings up to virtual homotopy, compositions of flat virtual Reidemeister moves on chord diagrams. Given a virtual 1-string α, Turaev associated a based matrix that encodes invariants…
A new model explains relative spreads between economies using dynamic Nelson-Siegel and functional regression.
problem Analyzing and predicting relative spreads between economies in fixed income markets.
method State-space functional regression model incorporating dynamic Nelson-Siegel model and kernel PCA.
result The new model outperforms the dynamic Nelson-Siegel model in explaining relative spreads.
Study on asset price dynamics in OLG economies with and without a bubbly asset.
problem Analyzing asset price dynamics and optimality in OLG economies with an asset that yields dividends.
method Deriving conditions for three scenarios of equilibrium existence, providing a complete characterization of the equilibrium set, and investigating the relationship between asset price behaviors and optimality.
result A bubbly equilibrium exists if and only if the interest rate is lower than the population growth rate and the sum of per capita dividends is finite.
New invariant for virtual n-links defined and studied.
problem Detecting virtual trefoil and other virtual links.
method Defining a new virtual link invariant VD(K) and studying its geometric properties. result The Dehn space DD(K) is an invariant of K and can detect the virtual trefoil. Given a virtual knot K, we construct a group VGK called the virtual knot group, and we use the elementary ideals of VGK to define invariants of K called the virtual Alexander invariants. For instance, associated to the k=0 ideal is a polynomial HK(s,t,q) in three variables which we call the virtual Alexa…
A virtual link diagram is called normal if the associated abstract link diagram is checkerboard colorable, and a virtual link is normal if it has a normal diagram as a representative. Normal virtual links have some properties similar to classical links.In this paper, we introduce a method of converting a virtual link d…