tags
categorized and re-organized list of tags. hurray to my OCD…
categorized and re-organized list of tags. hurray to my OCD…
what to look forward
Make the AI dance in certain ways, they would eventually stumble. Here’s a new story from the economist about fake-news new: Many AI researchers think fakes will become undetectable AI created contents that are indetectably mixed within genuine ’natural’ human products are causing a lot of troubles. Deep-fake videos and news are generating misleading information towards public. For AI developers who relies on internet-based text corpus to train new AI versions, they are finding their relied sources being polluted by AI generations....
The Spring Festival in-cinema movie market is a compelling subject for analysis. From a macro perspective, its structure transcends the basic two-sided model of buyers and sellers. This market encompasses multiple stakeholders: cinemas, filmmakers (including actors and directors) and their production companies, ticketing platforms, rating agencies, social media, and, crucially, the consumers themselves. These Spring-Festical films are typically produced months in advance, with release dates often aligned with the Spring Festival holidays....
With Valentine’s Day colliding with the fifth day of the Spring Festival, love is in the air, and economics is on the mind. Here are two tales where romance meets rationality. The Economist’s cost-of-loving index Love, they say, is priceless. But let’s face it, showing off one’s financial prowess can be quite the love language in today’s material world. Valentine’s Day, in particular, turns into a veritable showcase of affection-measured-in-dollars. According to the National Retail Federation, the average American is expected to shell out $186 to woo their Valentine this year....
A paper I read recently is somewhat interesting. The model is very inspiring for an OM project I’m working on recently, whereas its mathematical method and results are immensely useful to learn from for another problem that I’ve been working on for a while. Is Selling Complete Information (Approximately) Optimal? Dirk Bergemann, Yang Cai, Grigoris Velegkas, and Mingfei Zhao. 2022. ABSTRACT We study the problem of selling information to a data-buyer who faces a decision problem under uncertainty....
Today’s blog draws inspiration from Michael D. Smith’s perspective on higher education, as discussed in a recent episode of the podcast People I (Mostly) Admire, titled “Higher Education Is Broken. Can It Be Fixed?” . Btw, the podcast itself is part of the Freakonomics network, the academically inclined perspective is particularly sweetspot for an econ student. This episode elucidates the systemic flaws plaguing the U.S. higher education system. One pov involves diving into the market power of colleges....
I’m reading some papers about mechanism design on pricing of information, following up on this data trading reading session Bergemann et al. (AER 2018): The Design and Price of Information. Bergemann et al. (EC 2022): Is Selling Completely Information (Approximately) Optimal? Bergemann et al. (EC 2015): Selling Cookies. Hopefully, I’ll finish them within this week. I have a strong feeling that they will be immensely interesting. Before our discussion, a short notice: a review of numerous news posts and literature in econ-CS reveals a significant discrepancy between academic research on data trading in algorithmic game theory (AGT) and Econ-CS communities, and the evolving realities of the actual data trading market....
I’ve been researching on data trading. China established several state-owned data exchange centers (e.g. Shanghai Data Exchange) and they are gradually building momentum recently because of the generative-AI booming bubble. But it’s not a new thing. An early article ‘Data is giving rise to a new economy’ sort of predicted the prosperous market seven years ago (The Economist, May 6th 2017). Data are to this century what oil was to the last one: a driver of growth and change....
costume, escapism and narrative depth - a ⭐️⭐️⭐️⭐️⭐️ show to watch.