Using data on international equity portfolio allocations by U.S. mutual funds, we estimate a portfolio expression derived from a standard mean-variance portfolio model extended with portfolio frictions. The optimal portfolio depends on the previous month a ...
Parliament dynamics might seem erratic at times. Predicting future voting patterns could support policy design based on the simulation of voting scenarios. The availability of open data on legislative activities and machine learning tools might enable such ...
Many applications, such as content moderation and recommendation, require reviewing and scoring a large number of alternatives. Doing so robustly is however very challenging. Indeed, voters' inputs are inevitably sparse: most alternatives are only scored b ...
Poor decisions and selfish behaviors give rise to seemingly intractable global problems, such as the lack of transparency in democratic processes, the spread of conspiracy theories, and the rise in greenhouse gas emissions. However, people are more predict ...
We study the phenomenon of intransitivity in models of dice and voting. First, we follow a recent thread of research for n-sided dice with pairwise ordering induced by the probability, relative to 1/2, that a throw from one die is higher than the other. We ...
Voting can abstractly model any decision-making scenario and as such it has been extensively studied over the decades. Recently, the related literature has focused on quantifying the impact of utilizing only limited information in the voting process on the ...
We consider online predictions of vote results, where regions across a country vote on an issue under discussion. Such online predictions before and during the day of the vote are useful to media agencies, polling institutes, and political parties, e.g., t ...
Pension funds only quite recently have explored alternative assets, prodded by financial crises that devastated equity returns and led to low bond returns. We assess the addition of alternative assets to pension fund portfolios in terms of the total benefi ...
While technology is often claimed to be “democratizing”, the technologizing of society has more often yielded undemocratic or even anti-democratic outcomes. Is technology fundamentally at odds with democracy, or is it merely a rich and infinitely-adaptable ...
Scholarly studies and common accounts of national politics enjoy pointing out the resilience of ideological divides among populations. Building on the image of political cleavages and geographic polarization, the regionalization of politics has become a tr ...
