infonet-economy

Ethics by Design concerns the methods, algorithms and tools needed to endow autonomous agents with the capability to reason about the ethical aspects of their decisions, and the methods, tools and formalisms to guarantee that an agent’s behavior remains within given moral bounds. In this context some questions arise: How and to what extent can agents un-derstand the social reality in...

Risk-based investing is experiencing growing success among investors, although some critics contend that the implicit “no-views” characteristic of these solutions might trigger other forms of risk, such as valuation risk. In this article, the authors introduce an analytical framework that allows investors to add active views on top of a risk-based solution, bridging the gap between...

This paper examines and compares wine price indices available on the wine market with those proposed in academia. We especially analyze the impact illiquidity has on the different indices and validate our findings using a simulation which allows us to define the biases induced by illiquidity on the statistical properties of the indices. We also propose adjustments to help market...

We take an exploration-exploitation perspective on international diversification. Specifically, we suggest that, since changes in international diversification are typically related to exploration or exploitation-related motives (e.g., exploring new knowledge or exploiting existing knowledge) and since both motives show self-reinforcing effects, international diversification...

Collaborative consumption based on the sharing economy concept is no doubt becoming critical to the way people travel. Airbnb is a notable case to exhibit how online (P2P) platforms have helped individuals to rent out their extra living spaces to people from around the world. This study tried to understand the impact of the destinations’ characteristics on the price determinants of...

This study examines how hospitality students perceive ethics, corporate social responsibility (CSR), and sustainability (ECSRS) with regard to their current academic program and future career. Previous literature has shown an evolution in higher education institutions to implement ECSRS topics into their curriculum. This quantitative study measured 202 first-year students’ levels of...