An Agent-Based Model of Strategic Adoption of Real-Time Payments

K Mayo, S Fozdar, and MP Wellman 2nd ACM International Conference on AI in Finance (ICAIF), November 2021 (Forthcoming). Abstract Real-time payments (RTPs) allow consumers to receive funds before the completion of payment clearing and settlement.…
, , ,

SRG receives grant from Center on Long-Term Risk

SRG recently obtained funding from the Center on Long-term Risk, the research wing of the Effective Altruism Foundation, for a project titled "An Empirical Game-Theoretic Approach to Bargaining Problems" (see project page for further detail…

A Strategic Analysis of Portfolio Compression

K Mayo and MP Wellman 2nd ACM International Conference on AI in Finance (ICAIF), November 2021 (Forthcoming). Extended abstract appeared in 20th International Conference on Autonomous Agents and Multiagent Systems (AAMAS), pages 1599-1601,…

Multiagent Modeling of the Financial Payments System

Researchers Principal Investigators Michael Wellman (Computer Science & Engineering) Michael S. Barr (Public Policy, Law) Uday Rajan (Finance) Gabriel Rauterberg (Law) Students Katherine Mayo Shaily Fozdar This…

Multiscale Network Games of Collusion and Competition

Principal Investigators Michael Wellman (U Michigan) Mingyan Liu (U Michigan) PIs at partner universities: Milind Tambe (University of Southern California) David Kempe (University of Southern California) P. Jeffrey Brantingham…

Detecting Financial Market Manipulation: An Integrated Data- and Model-Driven Approach

Principal Investigators Michael Wellman (U Michigan) Uday Rajan (U Michigan) Michael Barr (U Michigan) PIs at partner universities: Tucker Balch (Georgia Tech) Sponsored by the NSF BIGDATA program, grant IIS-1741190. Project…
, , ,

New project on market manipulation

Collaboration with Tucker Balch (Ga Tech), Uday Rajan (UMich), and Michael Barr (UMich), funded by NSF BIGDATA program. CSE news posting.

Understanding and Mitigating AI Threats to the Financial System

Principal Investigators Michael Wellman (U Michigan) Uday Rajan (U Michigan) Sponsored by the Future of Life Institute [FLI investigator page]. Project Summary The devastation of the 2008 financial crisis remains a fresh memory…

When Algorithms Trade: Dynamics, Limits, and Economic Implications

Principal Investigators Michael Wellman (U Michigan) Jacob Abernethy (U Michigan) Project Summary This project conducts a systematic computational study of algorithmic trading. The investigation combines online learning and optimization…