There was an opportunity, one meeting at Osaka for world leaders at the recent G20 summit. A valuable starting point for the policy-makers, faced with a menu of economic theories, is trust in each other and a new inter-disciplinary approach with an emphasis on ethics and economics. Climate change, migration and displacement, IoT and 5G, […]

The eye of Sauron gazes down upon us as we click, search and buy online in an endless feedback loop of transactions. We rely on algorithms for advice, for direction and general guidance and reassurance in our personal lives. Machines and robots are thinking because rational humans have stopped thinking. Consider this thought experiment: mentally […]

A recent YouGov poll last week, Tuesday 30 May, provoked a discussion of a likely ‘hung parliament’ in the upcoming UK election. Voters are challenged, faced with many candidates across a spectrum of issues, as the old left-right dichotomy breaks down. In the literature on voting theory, there is a phenomenon called the Condorcet Loser. […]

Who did button my waistcoat, a human or a sufficiently intelligent algorithm, (SIAL)? At Manchester and Smurfit business schools we explore the economics of the sharing economy from a game theory perspective. We have shared observations and experiences of online transactions. They represent data patterns that are embedded in the clicking and scrolling behaviour of […]

Abstract Polar bears pursue seals. But polar bears cannot swim as well as seals. As the ice cap melts, there is less ice caps for the seals to rest. Both have to survive. With melting ice caps, the seal as victim should adapt to the same speed as the pursuer, the polar bear. In the […]