Monday, July 8, 2013

MoneyScience News

MoneyScience News

Blog Post: TheFinancialServicesClub: Holiday Humour #1: Quotes about Money

Posted: 08 Jul 2013 04:09 AM PDT

I'm officially on a holiday for the next two weeks and so will probably not blog, although you never know.read more...

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Published / Preprint: 08Jul/Discussion on balancing risk sensitivity, simplicity and comparability within the Basel capital standards initiated by the Basel Committee

Posted: 08 Jul 2013 03:09 AM PDT

Press release about the Basel Committee initiating discussion on balancing risk sensitivity, simplicity and comparability within the Basel capital standards (5 July 2013)

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Vendor News: Infosys to announce first quarter results on July 12, 2013

Posted: 08 Jul 2013 02:47 AM PDT

Infosys will announce results for its first quarter ended June 30, 2013 on Friday, July 12, 2013, Indian Standard Time (IST) (on the night of Thursday, July 11, 2013, US Eastern Time (ET)). The results will also be available on the Infosys website www.infosys.com.

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Blog Post: Falkenblog: Stevenson and Wolfers' Flawed Happiness Research

Posted: 07 Jul 2013 08:27 PM PDT

Russ Roberts had a podcast a couple weeks ago where he interviewed Betsy Stevenson (below) and Justin Wolfers (right), primarily about their research on the Easterlin Paradox, and it highlighted what's wrong with so many academic debates.   To review, in 1974 USC professor Richard Easterlin found that within a given country people with higher incomes were more likely to report being happy....

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Published / Preprint: Evolution of the distribution of wealth in an economic environment driven by local Nash equilibria. (arXiv:1307.1685v1 [q-fin.GN])

Posted: 07 Jul 2013 05:38 PM PDT

We present and analyze a model for the evolution of the wealth distribution within a heterogeneous economic environment. The model considers a system of rational agents interacting in a game theoretical framework, through fairly general assumptions on the cost function. This evolution drives the dynamic of the agents in both wealth and economic configuration variables. We consider a regime of...

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Blog Post: ThePracticalQuant: Pattern-detection and Twitter's Streaming API

Posted: 07 Jul 2013 10:06 AM PDT

[A version of this post appears on the O'Reilly Strata blog.]Researchers and companies who need social media data frequently turn to Twitter's API to access a random sample of tweets. Those who can afford to pay (or have been granted access) use the more comprehensive feed (the firehose) available through a group of certified data resellers. Does the random sample of tweets allow you to capture...

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