• Observe that land sales markets between large landlords and small peasants are thin/segmented because: 1. Land is overpriced for small buyers relative to value in use (borrowing capacity): the price of land internalizes tax advantages, expected speculative gains, wealth sheltering, social status effects, and collateral value. 2. Smallholders do not have access to long term credit. 3. Even if ...

This paper attempts to bridge the elds of machine learning, robotics, and distributed AI. It discusses the use of communication in reducing the undesirable eeects of locality in fully distributed multi-agent systems with multiple agents/robots learning in parallel while interacting with each other. Two key problems, hidden state and credit assignment, are addressed by applying local undirected ...

In recent years, there has been considerable discussion on the matter of channeling credit into socially desirable investments. Among the many problems to be faced in this area are (1) identifying those social objectives or sectors that warrant special attention, and (2) reducing the resulting large, number which would certainly include housing, small business, agriculture, and environmental co...

Social credit assignment is a process of social judgment whereby one singles out individuals to blame or credit for multi-agent activities. Such judgments are a key aspect of social intelligence and underlie social planning, social learning, natural language pragmatics and computational models of emotion. Based on psychological attribution theory, this paper presents a preliminary computational...

Social credit assignment is a process of social judgment whereby one singles out individuals to blame or credit for multi-agent activities. Such judgments are a key aspect of social intelligence and underlie social planning, social learning, natural language pragmatics and computational models of emotion. Based on psychological attribution theory, this report presents a preliminary computationa...

We propose a theoretical model based on the bank lending channel to assess the ability of lending facilities and swap programmes to a¤ect the credit interest rate. The model predicts the success of both unconventional monetary measures in reducing the credit interest rate under very general conditions. The comparison between measures reveals the outperformance of lending facilities over swap pr...

Due to the dynamic nature of P2P systems, it is impossible to keep an accurate history of the transactions that take place while avoiding security attacks such as whitewashing and collusion, and abuse such as freeriding. This is why it is important to develop a mechanism that both rewards cooperative peers and punishes misbehaving peers. Modeling P2P networks as social structures can allow ince...