Search results for " society"
showing 10 items of 1301 documents
ECCOLA : a Method for Implementing Ethically Aligned AI Systems
2020
Various recent Artificial Intelligence (AI) system failures, some of which have made the global headlines, have highlighted issues in these systems. These failures have resulted in calls for more ethical AI systems that better take into account their effects on various stakeholders. However, implementing AI ethics into practice is still an on-going challenge. High-level guidelines for doing so exist, devised by governments and private organizations alike, but lack practicality for developers. To address this issue, in this paper, we present a method for implementing AI ethics. The method, ECCOLA, has been iteratively developed using a cyclical action design research approach. The method aim…
Market reaction to temporary liquidity crises and the permanent market impact
2006
We study the relaxation dynamics of the bid-ask spread and of the midprice after a sudden, large variation of the spread, corresponding to a temporary crisis of liquidity in a double auction financial market. We find that the spread decays very slowly to its normal value as a consequence of the strategic limit order placement of liquidity providers. We consider several quantities, such as order placement rates and distribution, that affect the decay of the spread. We measure the permanent impact both of a generic event altering the spread and of a single transaction and we find an approximately linear relation between immediate and permanent impact in both cases.
The limit order book on different time scales
2007
Financial markets can be described on several time scales. We use data from the limit order book of the London Stock Exchange (LSE) to compare how the fluctuation dominated microstructure crosses over to a more systematic global behavior.
Sector identification in a set of stock return time series traded at the London Stock Exchange
2005
We compare some methods recently used in the literature to detect the existence of a certain degree of common behavior of stock returns belonging to the same economic sector. Specifically, we discuss methods based on random matrix theory and hierarchical clustering techniques. We apply these methods to a portfolio of stocks traded at the London Stock Exchange. The investigated time series are recorded both at a daily time horizon and at a 5-minute time horizon. The correlation coefficient matrix is very different at different time horizons confirming that more structured correlation coefficient matrices are observed for long time horizons. All the considered methods are able to detect econo…
The role of Facebook in the process of acquiring information. Own research study
2015
This paper focuses on the social network sites (SNSs), especially on Facebook, and their role in people’s daily life. It focuses on people who are statistically not at risk of the digital exclusion (young and still educating). Here are presented conclusions of the author's own research focusing on the role of Facebook in daily life of a group of its users. Research was done as an experiment. The purpose of the study was to find out if students, who use Facebook, could stop to do it temporarily. Facebook is here regarded as a main source of various kinds of information, both private and public. In this article the author tries to prove that Facebook is one of the primary channels of informa…
How markets slowly digest changes in supply and demand
2008
In this article we revisit the classic problem of tatonnement in price formation from a microstructure point of view, reviewing a recent body of theoretical and empirical work explaining how fluctuations in supply and demand are slowly incorporated into prices. Because revealed market liquidity is extremely low, large orders to buy or sell can only be traded incrementally, over periods of time as long as months. As a result order flow is a highly persistent long-memory process. Maintaining compatibility with market efficiency has profound consequences on price formation, on the dynamics of liquidity, and on the nature of impact. We review a body of theory that makes detailed quantitative pr…
On minimal non-supersoluble groups
2007
[EN] The aim of this paper is to classify the finite minimal non-p-supersoluble groups, p a prime number, in the p-soluble universe.
SMS disaster alert system programming
2008
Floods are natural phenomena that profoundly affect the development of human society, as they are the most widespread disasters in the world and they cause the greatest property and human loss. The flood warning system presented in this paper provides a reliable and effective solution, which is complementary to existing traditional warning systems; it employs information and communication technology and specialized devices.
Asymptotic regime in N random interacting species
2005
The asymptotic regime of a complex ecosystem with \emph{N}random interacting species and in the presence of an external multiplicative noise is analyzed. We find the role of the external noise on the long time probability distribution of the i-th density species, the extinction of species and the local field acting on the i-th population. We analyze in detail the transient dynamics of this field and the cavity field, which is the field acting on the $i^{th}$ species when this is absent. We find that the presence or the absence of some population give different asymptotic distributions of these fields.
Introduction to the Book and the Comparative Study
2016
Chapter 1 of Re-Becoming Universities contextualizes and describes the contents of the book based on the study: Change in Networks, Higher Education and Knowledge Societies (CINHEKS). The CINHEKS study was a six country international comparative study focused on the way in which contemporary higher education institutions and networked within and between networked knowledge societies. The countries in focus are Finland, Germany, Portugal, The Russian Federation, The United Kingdom and the United States of America.