Swarm intelligence (SI) is a collective behaviour exhibited by groups of simple agents, such as ants, bees, and birds, which can achieve complex tasks that would be difficult or impossible for a single individual [...
View Article and Find Full Text PDFNumerous studies over the past decades established that real-world networks typically follow preferential attachment and detachment principles. Subsequently, this implies that degree fluctuations monotonically increase while rising up the 'degree ladder', causing high-degree nodes to be prone for attachment of new edges and for detachment of existing ones. Despite the extensive study of node degrees (absolute popularity), many domains consider node ranks (relative popularity) as of greater importance.
View Article and Find Full Text PDFAs state-of-the-art deep neural networks are being deployed at the core level of increasingly large numbers of AI-based products and services, the incentive for "copying them" (i.e., their intellectual property, manifested through the knowledge that is encapsulated in them) either by adversaries or commercial competitors is expected to considerably increase over time.
View Article and Find Full Text PDFGlobal financial crises have led to the understanding that classical econometric models are limited in comprehending financial markets in extreme conditions, partially since they disregarded complex interactions within the system. Consequently, in recent years research efforts have been directed towards modeling the structure and dynamics of the underlying networks of financial ecosystems. However, difficulties in acquiring fine-grained empirical financial data, due to regulatory limitations, intellectual property and privacy control, still hinder the application of network analysis to financial markets.
View Article and Find Full Text PDFProspect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses, known as the "reflection effect". People are much more sensitive to losses than to gains of the same magnitude, a phenomenon called "loss aversion".
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