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Daniel L. Chen
2018
Daniel L. Chen et Arnaud Philippe
Bruno Biais, Christophe Bisière, Matthieu Bouvard, Catherine Casamatta et Albert J. Menkveld
n° 18-973, décembre 2018, révision novembre 2021
We offer an overlapping generations equilibrium model of cryptocurrency pricing and confront it to new data on bitcoin transactional benefits and costs. The model emphasizes that the fundamental value of the cryptocurrency is the stream of net transactional benefits it will provide, which depend on...
n° 18-974, décembre 2018
Predictive judicial analytics holds the promise of increasing efficiency and fairness of law. Judicial analytics can assess extra-legal factors that influence decisions. Behavioral anomalies in judicial decision-making offer an intuitive understanding of feature relevance, which can then be used...
n° 18-975, décembre 2018
Predictive judicial analytics holds the promise of increasing the fairness of law. Much empirical work observes inconsistencies in judicial behavior. By predicting judicial decisions—with more or less accuracy depending on judicial attributes or case characteristics—machine learning offers an...
n° 18-978, décembre 2018
Using data from 1946–2014, we show that audio features of lawyers’ introductory statements improve the performance of the best prediction models of Supreme Court outcomes. We infer voice attributes using a 15-year sample of human-labeled Supreme Court advocate voices. Audio features improved...
Elliott Ash, Daniel L. Chen, Nischal Mainali et Liam Meier
n° 18-979, décembre 2018
What modes of moral reasoning do judges employ? We construct a linear SVM classifier for moral reasoning mode trained on applied ethics articles written by consequentialists and deontologists. The model can classify a paragraph of text in held out data with over 90 percent accuracy. We then apply...
Jean-Pierre Amigues et Michel Moreaux
n° 18-981, décembre 2018
We study the transition to a carbon-free economy in a model with a polluting non-renewable resource and a clean renewable resource. Transforming primary energy into ready-to-use energy services is costly and more efficient energy transformation rates are more costly to achieve. Renewable energy...
Ramya Vunikili, Hitesh Ochani, Divisha Jaiswal, Richa Deshmukh, Daniel L. Chen et Elliott Ash
n° 18-982, décembre 2018
n° 18-92, décembre 2018