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    <description>recent bookmarks from Vaguery</description>
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	<rdf:li rdf:resource="http://arxiv.org/abs/1302.1564"/>
	<rdf:li rdf:resource="http://owni.eu/2011/05/30/the-information-policy-case-for-flat-tax-and-basic-income/"/>
	<rdf:li rdf:resource="http://seekingalpha.com/article/272277-can-the-oil-market-be-manipulated?source=feed"/>
	<rdf:li rdf:resource="http://arxiv.org/abs/1007.4586"/>
	<rdf:li rdf:resource="http://arxiv.org/abs/1005.0182"/>
	<rdf:li rdf:resource="http://seekingalpha.com/article/192227-debt-dim-prospects-for-what-was-once-america-s-greatest-export-success-story?source=feed"/>
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	<rdf:li rdf:resource="http://seekingalpha.com/article/109941-are-etfs-to-blame-for-recent-market-volatility?source=feed"/>
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	<rdf:li rdf:resource="http://www.nakedcapitalism.com/2008/02/stiglitz-on-fallen-standing-of-us-high.html"/>
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	<rdf:li rdf:resource="http://www.tickdata.com/index.html"/>
	<rdf:li rdf:resource="http://metacool.typepad.com/metacool/2007/06/john_lilly_the_.html"/>
	<rdf:li rdf:resource="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=910614"/>
	<rdf:li rdf:resource="http://www.sec.gov/news/digest/2007/dig062807.txt"/>
	<rdf:li rdf:resource="http://baens-universe.com/articles/salvos7"/>
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  </channel><item rdf:about="https://arxiv.org/abs/1702.03615v2">
    <title>[1702.03615v2] Online Prediction with Selfish Experts</title>
    <dc:date>2017-09-30T12:46:19+00:00</dc:date>
    <link>https://arxiv.org/abs/1702.03615v2</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[We consider the problem of binary prediction with expert advice in settings where experts have agency and seek to maximize their credibility. This paper makes three main contributions. First, it defines a model to reason formally about settings with selfish experts, and demonstrates that "incentive compatible" (IC) algorithms are closely related to the design of proper scoring rules. Designing a good IC algorithm is easy if the designer's loss function is quadratic, but for other loss functions, novel techniques are required. Second, we design IC algorithms with good performance guarantees for the absolute loss function. Third, we give a formal separation between the power of online prediction with selfish experts and online prediction with honest experts by proving lower bounds for both IC and non-IC algorithms. In particular, with selfish experts and the absolute loss function, there is no (randomized) algorithm for online prediction-IC or otherwise-with asymptotically vanishing regret.
]]></description>
<dc:subject>mechanism-design prediction rather-interesting collective-behavior markets game-theory nudge-targets consider:representation</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:5011835b4860/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:game-theory"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:representation"/>
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<item rdf:about="http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2017/07/the-ideology-of-the-market.html">
    <title>Stumbling and Mumbling: The ideology of &quot;the market&quot;</title>
    <dc:date>2017-08-04T13:01:18+00:00</dc:date>
    <link>http://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2017/07/the-ideology-of-the-market.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[For example, (many) capitalists have bargaining power and (many) workers do not. This means that, generally speaking, capitalists exploit labour.

And the “market” has given us a relative decline in low-skilled pay since the 1980s. This isn’t wholly due to technical developments but to changes in power, such as the decline of trades-unions and welfare state and adoptions of surveillance technologies that have reduced the efficiency wage element of their pay.

Similarly, “market forces” have given us stagnating real wages over the last ten years. But again talk of the “market” disguises what are in fact dysfunctional emergent features of capitalism – the stagnant labour productivity that has arisen from, among other things, low innovation and capital spending.

What’s more, “demand” is in part an ideological construct. Bosses are well-paid in part because of an ideological belief in the transformative power of leadership – a belief that isn’t wholly backed by facts. And carers and cleaners are poorly paid because of an ideology which devalues their work.

Talk of “the market” is often question-begging; it begs the question of how, exactly, prices and wages are determined in the market. The answer usually involves some element of power.

Now, Hall, Damazer and Purnell are not stupid men and they probably fancy themselves – not perhaps wholly without justification - as among the more liberal and humane members of the ruling cadre. And yet they guilty of an unreflecting inability to see that market relationships are also power relationships. In this of course, they are not unusual. I’ve long complained that centrists and “liberals” have a blindspot about power; we saw just this in this week’s Taylor report for example.

This blindspot, of course, serves the interests of the rich well. The BBC is not impartial.

]]></description>
<dc:subject>history economics markets neoliberalism</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:c431e1986087/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:history"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:neoliberalism"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1603.00984">
    <title>[1603.00984] David vs Goliath (You against the Markets), A Dynamic Programming Approach to Separate the Impact and Timing of Trading Costs</title>
    <dc:date>2016-05-01T12:15:51+00:00</dc:date>
    <link>http://arxiv.org/abs/1603.00984</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[To trade, or not to trade, that is the question 
Whether an optimizer can yield the answer 
Against the spikes and crashes of markets gone wild. 
To quench one's thirst before liquidity runs dry 
Or wait till the tide of momentum turns mild. 
A trader's conundrum is whether (and how much) to trade during a given interval or wait for the next interval when the price momentum is more favorable to his direction of trading. We develop a fundamentally different stochastic dynamic programming model of trading costs based on the Bellman principle of optimality. We use this model to provide insights to market participants by splitting the overall move of the security price during the duration of an order into the Market Impact (price move caused by their actions) and Market Timing (price move caused by everyone else) components. Plugging different distributions of prices and volumes into this framework can help traders decide when to bear higher Market Impact by trading more in the hope of offsetting the cost of trading at a higher price later. We derive formulations of this model under different laws of motion of the security prices. We start with a benchmark scenario and extend this to include multiple sources of uncertainty, liquidity constraints due to volume curve shifts and relate trading costs to the spread.
]]></description>
<dc:subject>financial-engineering markets statistics models-and-modes rather-interesting uncertainty algorithms nudge-targets consider:rediscovery</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:ed4ddbf195e6/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-engineering"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:statistics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:models-and-modes"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:rather-interesting"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:uncertainty"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:algorithms"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:rediscovery"/>
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<item rdf:about="http://arxiv.org/abs/1507.04298">
    <title>[1507.04298] Modelling Financial Markets by Self-Organized Criticality</title>
    <dc:date>2015-11-09T00:21:59+00:00</dc:date>
    <link>http://arxiv.org/abs/1507.04298</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[We present a financial market model, characterized by self-organized criticality, that is able to generate endogenously a realistic price dynamics and to reproduce well-known stylized facts. We consider a community of heterogeneous traders, composed by chartists and fundamentalists, and focus on the role of informative pressure on market participants, showing how the spreading of information, based on a realistic imitative behavior, drives contagion and causes market fragility. In this model imitation is not intended as a change in the agent's group of origin, but is referred only to the price formation process. We introduce in the community also a variable number of random traders in order to study their possible beneficial role in stabilizing the market, as found in other studies. Finally we also suggest some counterintuitive policy strategies able to dampen fluctuations by means of a partial reduction of information.
]]></description>
<dc:subject>SOC self-organization complexology simulation rather-interesting evolutionary-economics markets nudge-targets consider:stress-testing consider:feature-discovery</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:4980583c908e/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:SOC"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:self-organization"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:complexology"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:simulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:rather-interesting"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:evolutionary-economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:stress-testing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:feature-discovery"/>
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</item>
<item rdf:about="http://www.theguardian.com/global-development-professionals-network/2015/jun/10/the-microfinance-delusion-who-really-wins">
    <title>The microfinance delusion: who really wins? | Global Development Professionals Network | The Guardian</title>
    <dc:date>2015-06-12T10:45:00+00:00</dc:date>
    <link>http://www.theguardian.com/global-development-professionals-network/2015/jun/10/the-microfinance-delusion-who-really-wins</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[There’s also a much more immediate solution we could try. Why not just give money to the poor, for free? A growing body of evidence suggests that direct cash transfers, with no strings attached, not only deliver success where microfinance fails, they appear to be the single most impactful anti-poverty intervention available. Experiments with basic income grants have been conducted in Namibia, Mexico, South Africa, Indonesia, and elsewhere, all with astonishingly good results. They smooth out consumption deficits, improve health indicators, and allow people to start small businesses that are successful because they can take advantage of increased local demand.

]]></description>
<dc:subject>microfinance charity markets debt public-policy market-theology-amuck-again</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:bdcc98945308/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
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</item>
<item rdf:about="http://arxiv.org/abs/1408.1352">
    <title>[1408.1352] A simple model of local prices and associated risk evaluation</title>
    <dc:date>2015-05-25T12:11:46+00:00</dc:date>
    <link>http://arxiv.org/abs/1408.1352</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[A simple spin system is constructed to simulate dynamics of asset prices and studied numerically. The outcome for the distribution of prices is shown to depend both on the dimension of the system and the introduction of price into the link measure. For dimensions below 2, the associated risk is high and the price distribution is bimodal. For higher dimensions, the price distribution is Gaussian and the associated risk is much lower. It is suggested that the results are relevant to rare assets or situations where few players are involved in the deal making process.
]]></description>
<dc:subject>simulation liquidity markets finance physics! nudge-targets</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:d5db507c78c6/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:liquidity"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:physics!"/>
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<item rdf:about="http://arxiv.org/abs/1410.0448">
    <title>[1410.0448] Fair and profitable bilateral prices under funding costs and collateralization</title>
    <dc:date>2014-12-06T17:23:06+00:00</dc:date>
    <link>http://arxiv.org/abs/1410.0448</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Bielecki and Rutkowski (2014) introduced and studied a generic nonlinear market model, which includes several risky assets, multiple funding accounts and margin accounts. In this paper, we examine the pricing and hedging of contract both from the perspective of the hedger and the counterparty with arbitrary initial endowments. We derive inequalities for unilateral prices and we give the range for either fair bilateral prices or bilaterally profitable prices. We also study the monotonicity of a unilateral price with respect to the initial endowment. Our study hinges on results for BSDE driven by continuous martingales obtained in Nie and Rutkowski (2014), but we also derive the pricing PDEs for path-independent contingent claims of European style in a Markovian framework.
]]></description>
<dc:subject>financial-engineering economics markets nudge-targets models planning consider:agent-based consider:can-it-even-be-translated-as-realized-agents? if-economists-don't use-decimals-does-it-show-they-don't-have-a-sense-of-humor?</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:201939dc8bb0/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-engineering"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:models"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:planning"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:can-it-even-be-translated-as-realized-agents?"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:if-economists-don't"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:use-decimals-does-it-show-they-don't-have-a-sense-of-humor?"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1402.2494">
    <title>[1402.2494] Stock portfolio structure of individual investors infers future trading behavior</title>
    <dc:date>2014-08-31T12:22:26+00:00</dc:date>
    <link>http://arxiv.org/abs/1402.2494</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Although the understanding of and motivation behind individual trading behavior is an important puzzle in finance, little is known about the connection between an investor's portfolio structure and her trading behavior in practice. In this paper, we investigate the relation between what stocks investors hold, and what stocks they buy, and show that investors with similar portfolio structures to a great extent trade in a similar way. With data from the central register of shareholdings in Sweden, we model the market in a similarity network, by considering investors as nodes, connected with links representing portfolio similarity. From the network, we find groups of investors that not only identify different investment strategies, but also represent groups of individual investors trading in a similar way. These findings suggest that the stock portfolios of investors hold meaningful information, which could be used to earn a better understanding of stock market dynamics.
]]></description>
<dc:subject>finance portfolio-theory diversity clustering models network-theory social-norms nudge-targets experimental-economics markets consider:simulation</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:5bba9f326e3d/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:portfolio-theory"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:diversity"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:clustering"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:models"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:network-theory"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:social-norms"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:experimental-economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:simulation"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1312.7460">
    <title>[1312.7460] What does the financial market pricing do? A simulation analysis with a view to systemic volatility, exuberance and vagary</title>
    <dc:date>2014-04-11T11:12:38+00:00</dc:date>
    <link>http://arxiv.org/abs/1312.7460</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Biondi et al. (2012) develop an analytical model to examine the emergent dynamic properties of share market price formation over time, capable to capture important stylized facts. These latter properties prove to be sensitive to regulatory regimes for fundamental information provision, as well as to market confidence conditions among actual and potential investors. Regimes based upon mark-to-market (fair value) measurement of traded security, while generating higher linear correlation between market prices and fundamental signals, also involve higher market instability and volatility. These regimes also incur more relevant episodes of market exuberance and vagary in some regions of the market confidence space, where lower market liquidity further occurs.
]]></description>
<dc:subject>markets financial-engineering time-series statistics inference feature-extraction I-learned-a-new-word</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:7329edcebd36/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-engineering"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:time-series"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:statistics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:inference"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:feature-extraction"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:I-learned-a-new-word"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1308.6759">
    <title>[1308.6759] Prospect Agents and the Feedback Effect on Price Fluctuations</title>
    <dc:date>2014-04-04T11:37:12+00:00</dc:date>
    <link>http://arxiv.org/abs/1308.6759</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[A microeconomic approach is proposed to derive the fluctuations of risky asset price, where the market participants are modeled as prospect trading agents. As asset price is generated by the temporary equilibrium between demand and supply, the agents' trading behaviors can affect the price process in turn, which is called the feedback effect. The prospect agents make actions based on their reactions to gains and losses, and as a consequence of the feedback effect, a relationship between the agents' trading behavior and the price fluctuations is constructed, which explains the implied volatility skew and smile observed in actual market.
]]></description>
<dc:subject>markets economics agent-based multi-scale emergence complex-systems rather-interesting</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:860e52bfd4dd/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:multi-scale"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:emergence"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:complex-systems"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:rather-interesting"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1401.1888">
    <title>[1401.1888] Dynamical Models of Stock Prices Based on Technical Trading Rules Part I: The Models</title>
    <dc:date>2014-01-23T13:08:56+00:00</dc:date>
    <link>http://arxiv.org/abs/1401.1888</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[In this paper we use fuzzy systems theory to convert the technical trading rules commonly used by stock practitioners into excess demand functions which are then used to drive the price dynamics. The technical trading rules are recorded in natural languages where fuzzy words and vague expressions abound. In Part I of this paper, we will show the details of how to transform the technical trading heuristics into nonlinear dynamic equations. First, we define fuzzy sets to represent the fuzzy terms in the technical trading rules; second, we translate each technical trading heuristic into a group of fuzzy IF-THEN rules; third, we combine the fuzzy IF-THEN rules in a group into a fuzzy system; and finally, the linear combination of these fuzzy systems is used as the excess demand function in the price dynamic equation. We transform a wide variety of technical trading rules into fuzzy systems, including moving average rules, support and resistance rules, trend line rules, big buyer, big seller and manipulator rules, band and stop rules, and volume and relative strength rules. Simulation results show that the price dynamics driven by these technical trading rules are complex and chaotic, and some common phenomena in real stock prices such as jumps, trending and self-fulfilling appear naturally.
]]></description>
<dc:subject>agent-based technical-analysis self-organization markets pattern-discovery pattern-formation the-mangle-in-practice nudge-targets simulation interesting</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:fb561a0d16d4/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:technical-analysis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:self-organization"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:pattern-discovery"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:pattern-formation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:the-mangle-in-practice"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:simulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:interesting"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1310.0762">
    <title>[1310.0762] Agent-Based Stock Market Model with Endogenous Agents' Impact</title>
    <dc:date>2014-01-01T13:27:13+00:00</dc:date>
    <link>http://arxiv.org/abs/1310.0762</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[The three-state agent-based 2D model of financial markets as proposed by Giulia Iori has been extended by introducing increasing trust in the correctly predicting agents, a more realistic consultation procedure as well as a formal validation mechanism. This paper shows that such a model correctly reproduces the three fundamental stylised facts: fat-tail log returns, power-law volatility autocorrelation decay in time and volatility clustering.
]]></description>
<dc:subject>markets economics agent-based simulation collective-behavior emergent-design getting-the-marginals-right nudge-targets performance-measure consider:control-and-constraint consider:stress-testing</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:704ed8c44953/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:simulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:collective-behavior"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:emergent-design"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:getting-the-marginals-right"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:performance-measure"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:control-and-constraint"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:stress-testing"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1310.0865">
    <title>[1310.0865] Electricity Market Forecasting via Low-Rank Multi-Kernel Learning</title>
    <dc:date>2013-11-03T13:28:38+00:00</dc:date>
    <link>http://arxiv.org/abs/1310.0865</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[The smart grid vision entails advanced information technology and data analytics to enhance the efficiency, sustainability, and economics of the power grid infrastructure. Aligned to this end, modern statistical learning tools are leveraged here for electricity market inference. Day-ahead price forecasting is cast as a low-rank kernel learning problem. Uniquely exploiting the market clearing process, congestion patterns are modeled as rank-one components in the matrix of spatio-temporally varying prices. Through a novel nuclear norm-based regularization, kernels across pricing nodes and hours can be systematically selected. Even though market-wide forecasting is beneficial from a learning perspective, it involves processing high-dimensional market data. The latter becomes possible after devising a block-coordinate descent algorithm for solving the non-convex optimization problem involved. The algorithm utilizes results from block-sparse vector recovery and is guaranteed to converge to a stationary point. Numerical tests on real data from the Midwest ISO (MISO) market corroborate the prediction accuracy, computational efficiency, and the interpretative merits of the developed approach over existing alternatives.
]]></description>
<dc:subject>prediction markets power-grid forecasting algorithms nudge-targets</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:9806f3ec8b79/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:prediction"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:power-grid"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:forecasting"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:algorithms"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1309.3639">
    <title>[1309.3639] Stopping Financial Avalanches By Random Trading</title>
    <dc:date>2013-09-17T17:41:17+00:00</dc:date>
    <link>http://arxiv.org/abs/1309.3639</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Building on similarities between earthquakes and extreme financial events, we use a self-organized criticality-generating model to study herding and avalanches dynamics in financial markets. We consider a community of interacting investors, distributed on a small world network, who bet on the bullish (increasing) or bearish (decreasing) behavior of the market compared to the day before, following the S&P500 historical time series. Remarkably, we find that the size of herding-related avalanches in the community can be strongly reduced by the presence of a relatively small percentage of trader s, randomly distributed inside the network, who adopt a random investment strategy. These results suggest a promising strategy to limit the size of financial bubbles and crashes. We also find that the final wealth distribution of all traders corresponds to the well-known Pareto power law, while that one of random traders only is exponential. In other words, for technical traders, the risk of losses is much greater than the probability of gains compared to those of random traders.
]]></description>
<dc:subject>economics public-policy simulation complexology small-world interesting markets nudge-targets consider:detectors-too</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:3dc8ae2e2556/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:public-policy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:simulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:complexology"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:small-world"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:interesting"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consider:detectors-too"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.nakedcapitalism.com/2013/05/ian-fraser-the-beauty-and-insanity-of-hft.html">
    <title>Ian Fraser: The beauty and insanity of HFT « naked capitalism</title>
    <dc:date>2013-05-19T13:11:47+00:00</dc:date>
    <link>http://www.nakedcapitalism.com/2013/05/ian-fraser-the-beauty-and-insanity-of-hft.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[In the movie, one can observe how High Frequency Traders (HFT) jam thousands of quotes at the millisecond level, and how every exchange must process every quote from the others for proper trade through price protection. This complex web of technology must run flawlessly every millisecond of the trading day, or arbitrage (HFT profit) opportunities will appear. However, it is easy for HFTs to cause delays in one or more of the connections between each exchange. Yet if any of the connections are not running perfectly, High Frequency Traders tend to profit from the price discrepancies that result.

]]></description>
<dc:subject>financial-crisis financial-engineering high-speed-trading markets inefficiency-is-a-resource</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:e13503b9f6cc/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-engineering"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:high-speed-trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:inefficiency-is-a-resource"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1302.1564">
    <title>[1302.1564] Representing Aggregate Belief through the Competitive Equilibrium of a Securities Market</title>
    <dc:date>2013-03-11T00:48:43+00:00</dc:date>
    <link>http://arxiv.org/abs/1302.1564</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[We consider the problem of belief aggregation: given a group of individual agents with probabilistic beliefs over a set of uncertain events, formulate a sensible consensus or aggregate probability distribution over these events. Researchers have proposed many aggregation methods, although on the question of which is best the general consensus is that there is no consensus. We develop a market-based approach to this problem, where agents bet on uncertain events by buying or selling securities contingent on their outcomes. Each agent acts in the market so as to maximize expected utility at given securities prices, limited in its activity only by its own risk aversion. The equilibrium prices of goods in this market represent aggregate beliefs. For agents with constant risk aversion, we demonstrate that the aggregate probability exhibits several desirable properties, and is related to independently motivated techniques. We argue that the market-based approach provides a plausible mechanism for belief aggregation in multiagent systems, as it directly addresses self-motivated agent incentives for participation and for truthfulness, and can provide a decision-theoretic foundation for the "expert weights" often employed in centralized pooling techniques.]]></description>
<dc:subject>agent-based collective-intelligence prediction markets belief-aggregation nudge-targets</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:6b708834f819/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:collective-intelligence"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:prediction"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:belief-aggregation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:nudge-targets"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://owni.eu/2011/05/30/the-information-policy-case-for-flat-tax-and-basic-income/">
    <title>Cryptocurrency is here to stay. The case for an alternative taxing system » OWNI.eu, News, Augmented</title>
    <dc:date>2011-05-30T12:31:42+00:00</dc:date>
    <link>http://owni.eu/2011/05/30/the-information-policy-case-for-flat-tax-and-basic-income/</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Cryptocurrency is coming. It could be Bitcoin, it could be something else, it could be a new trading framework that incorporates many cryptocurrencies. The important thing is that in a decade’s time, governments will have lost the ability to look into their citizens’ wealth and income.

This, in turn, means that no taxation or welfare can be based on wealth or income.

I argue that the proper way to tackle this problem from an information policy perspective is to shift the taxation base entirely to consumption and therefore shift all income tax to VAT. To keep taxation progressive, and to keep welfare systems functional, you will also need to combine it with a basic unconditional income for every citizen that amounts to some level of minimum sustenance."]]></description>
<dc:subject>economics disintermediation currency markets public-policy</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:37b788afea24/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:disintermediation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:currency"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:public-policy"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/272277-can-the-oil-market-be-manipulated?source=feed">
    <title>Can the Oil Market Be Manipulated? - Seeking Alpha</title>
    <dc:date>2011-05-28T11:36:47+00:00</dc:date>
    <link>http://seekingalpha.com/article/272277-can-the-oil-market-be-manipulated?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["I have had an interest in tracking oil companies (for crude) and refineries (for oil products) trading in their own volume over the past 11 years. As I noted last week (in "Oil Inventories, Speculation, and Hedging"), anecdotal evidence is already emerging that vertically integrated oil companies (VIOCs) – those controlling the upstream/downstream process from field to refinery through retail outlet – were unusually active recently in trading in near-month futures contracts in their own product.
This occurred both when crude oil and gasoline prices were rising (through close on April 29) and thereafter, as crude plummeted almost 15% and gasoline over 13% as of the end of trading on May 6."]]></description>
<dc:subject>financial-markets trading macroeconomics fiddling-the-numbers markets the-real-problem-with-market-fundamentalists</dc:subject>
<dc:source>https://pinboard.in/</dc:source>
<dc:identifier>https://pinboard.in/u:Vaguery/b:fbec8bd6888c/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:macroeconomics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:fiddling-the-numbers"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:the-real-problem-with-market-fundamentalists"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1007.4586">
    <title>[1007.4586] Equilibrium Pricing of Digital Goods via a New Market Model</title>
    <dc:date>2010-08-04T10:59:58+00:00</dc:date>
    <link>http://arxiv.org/abs/1007.4586</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["The problem of arriving at a principled method of pricing goods and services was very satisfactorily solved for conventional goods; however, this solution is not applicable to digital goods. After taking into consideration idiosyncrasies of the digital realm, we give a market model that is appropriate for the digital setting, and a notion of equilibrium for it. We also prove existence of equilibrium for our market model."
]]></description>
<dc:subject>economics pricing markets to-read</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:0d6349280803/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:pricing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:to-read"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://arxiv.org/abs/1005.0182">
    <title>[1005.0182] A Multi Agent Model for the Limit Order Book Dynamics</title>
    <dc:date>2010-05-17T10:33:12+00:00</dc:date>
    <link>http://arxiv.org/abs/1005.0182</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["In the present work we introduce a novel multi-agent model with the aim to reproduce the dynamics of a double auction market at microscopic time scale through a faithful simulation of the matching mechanics in the limit order book. The model follows a "zero intelligence" approach where the actions of the traders are related to a stochastic variable, the market sentiment, which we define as a mixture of public and private information. The model, despite the parsimonious approach, is able to reproduce several empirical features of the high-frequency dynamics of the market microstructure not only related to the price movements but also to the deposition of the orders in the book."
]]></description>
<dc:subject>modeling agent-based finance markets simulation algorithms statistics</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:c6076a7f3eab/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:modeling"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:agent-based"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:simulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:algorithms"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:statistics"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/192227-debt-dim-prospects-for-what-was-once-america-s-greatest-export-success-story?source=feed">
    <title>Debt: Dim Prospects For What Was Once America's Greatest Export Success Story -- Seeking Alpha</title>
    <dc:date>2010-03-07T17:40:58+00:00</dc:date>
    <link>http://seekingalpha.com/article/192227-debt-dim-prospects-for-what-was-once-america-s-greatest-export-success-story?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["In 2008 and 2009 exports of debt (the toxic stuff plus the nominally non-toxic stuff (US Treasuries)), only accounted for 3%.

It is common practice to ignore exports of debt when calculating America’s balance of trade. But, conceptually, there is not much difference between selling a foreigner or a foreign government a toxic synthetic CDO (that blows up in his face) and selling him a ship-load of genetically engineered soya-beans (or melamine tainted milk).

The logic for leaving exports of debt out of the calculation is presumably that at some point in the future the CDO that was “sold” will need to be paid back, which will require funds to flow out of USA into the pockets of foreigners, who may then decide to exchange those dollars for something else."
]]></description>
<dc:subject>financial-crisis debt public-policy markets international-policy finance woops</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:01f8c23e2b42/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:debt"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:public-policy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:international-policy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:woops"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://aws.amazon.com/ec2/spot-instances/">
    <title>Amazon EC2 Spot Instances</title>
    <dc:date>2009-12-15T13:38:01+00:00</dc:date>
    <link>http://aws.amazon.com/ec2/spot-instances/</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Spot Instances are a new way to purchase and consume Amazon EC2 Instances. They allow customers to bid on unused Amazon EC2 capacity and run those instances for as long as their bid exceeds the current Spot Price. The Spot Price changes periodically based on supply and demand, and customers whose bids meet or exceed it gain access to the available Spot Instances. Spot Instances are complementary to On-Demand Instances and Reserved Instances, providing another option for obtaining compute capacity."
]]></description>
<dc:subject>grid-computing cloud-computing EC2 Amazon markets auction ecommerce</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:b60d9f911354/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:grid-computing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:cloud-computing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:EC2"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:Amazon"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:auction"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:ecommerce"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.americanscientist.org/bookshelf/pub/twilight-of-the-efficient-markets">
    <title>Twilight of the Efficient Markets » American Scientist</title>
    <dc:date>2009-10-11T14:57:43+00:00</dc:date>
    <link>http://www.americanscientist.org/bookshelf/pub/twilight-of-the-efficient-markets</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Efficient-market theory ought, with any methodological justice, to be relegated to the Museum of Nice Tries. But there is no unified replacement theory, and developing one will be arduous, involving empirical and theoretical work on all scales, from the experimental psychology of individual investors, through the institutional constraints under which money managers work, to solving for the aggregated effects of market participants’ interactions. In the meantime, efficient-market theory provides a ready basis for precise calculations, and one that is moreover now built into the academic field of finance and into the practice and even infrastructure of the markets."
]]></description>
<dc:subject>economics book-review Cosma-R-Shalizi markets economic-crisis models-and-modes</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:2c3d7b18e1ec/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:book-review"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:Cosma-R-Shalizi"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economic-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:models-and-modes"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.calculatedriskblog.com/2009/02/february-economic-summary-in-graphs.html">
    <title>Calculated Risk: February Economic Summary in Graphs</title>
    <dc:date>2009-03-05T16:10:47+00:00</dc:date>
    <link>http://www.calculatedriskblog.com/2009/02/february-economic-summary-in-graphs.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Scroll all the way through, and look at every one.

For example:

"New Home Months of Supply

The months of supply is at an all time record 13.3 months in January."
]]></description>
<dc:subject>economics data visualization financial-crisis depression graphs performance markets economy charts recession</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:5f02b9de26c2/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:data"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:visualization"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:depression"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:graphs"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:performance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:charts"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:recession"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://angrybear.blogspot.com/2009/02/price-revelation-is-mysticism.html">
    <title>Angry Bear: &quot;Price Revelation&quot; is mysticism.</title>
    <dc:date>2009-02-27T12:16:06+00:00</dc:date>
    <link>http://angrybear.blogspot.com/2009/02/price-revelation-is-mysticism.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Foolish reliance on Li's model lead to disaster and it was made possible by CDS markets which convinced participants that they had many observations on the probability of default. They were convinced that prices revealed these probabilities because they had an insane mystical faith in the strong form efficient markets hypothesis and a schizophrenic simultaneous belief that they could beat the market."
]]></description>
<dc:subject>via:cshalizi prediction markets financial-crisis modeling statistics economics theory-and-practice-sitting-in-a-tree</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:a9122df98cb1/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:via:cshalizi"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:prediction"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:modeling"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:statistics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:theory-and-practice-sitting-in-a-tree"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/112471-stupid-is-as-stupid-does-the-sec-and-cftc-legalize-electronic-gambling?source=feed">
    <title>Stupid Is as Stupid Does: The SEC and CFTC Legalize Electronic 'Gambling' - Seeking Alpha</title>
    <dc:date>2009-01-05T13:13:25+00:00</dc:date>
    <link>http://seekingalpha.com/article/112471-stupid-is-as-stupid-does-the-sec-and-cftc-legalize-electronic-gambling?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Governor Patterson said it best when he stated that most swaps are used by speculators and for “destructive speculation” that damages “the health of targeted companies.” The proposed clearinghouse will mostly be used for naked credit default swaps and will be the biggest and most technologically advanced gambling joint in the world. And, the destructive impact of naked credit default swaps will grow.
Rather than facilitating the casino mentality that has almost ruined the economy, the SEC, CFTC and other state and Federal regulators should be outlawing naked credit default swaps as gambling contracts and regulating hedging credit default swaps as insurance contracts. And, New York shouldn’t have abandoned its effort to regulate these derivative contracts."
]]></description>
<dc:subject>credit-default-swaps trading markets economics regulation SEC public-policy</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:eb484d13167b/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:credit-default-swaps"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:regulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:SEC"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:public-policy"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://marketsci.wordpress.com/">
    <title>MarketSci Blog</title>
    <dc:date>2008-12-12T12:42:10+00:00</dc:date>
    <link>http://marketsci.wordpress.com/</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Timer Seeds is a small group of timing-industry professionals (either strategy developers like me or sales/marketing) with an idea that goes something like this:

No matter how good we are at developing strategies and managing money, there are unsung developers out there, laboring away in their basements, that are even better. But because they lack either the ability or the time, their strategies never ever leave that basement. They never make the transition to becoming a professional strategy developer.

And based on that vision, we launched Timer Seeds. We find developers, take the required steps to make their programs marketable, and then place their programs with investors, financial advisors, hedge funds, and other industry professionals. The developer receives a percentage of assets under management, something that can become very lucrative for very good programs."
]]></description>
<dc:subject>Nudge trading technical-analysis market-timing markets modeling visualization model-discovery data-driven</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:2abb7edb7474/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:Nudge"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:technical-analysis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:market-timing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:modeling"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:visualization"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:model-discovery"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:data-driven"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/109941-are-etfs-to-blame-for-recent-market-volatility?source=feed">
    <title>Are ETFs to Blame for Recent Market Volatility? - Seeking Alpha</title>
    <dc:date>2008-12-11T13:10:44+00:00</dc:date>
    <link>http://seekingalpha.com/article/109941-are-etfs-to-blame-for-recent-market-volatility?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Many investors believe that ETFs, especially the ultra or 3x funds, such as Direxion Shares ETF Trust Large Cap Bull 3X (BGU), are to blame for the roller coaster ride in market volatility that is being seen on Wall Street. This is actually not the case.
A research study conducted with data from LakeView Asset Management LLC, suggests that it is in fact futures that influences the activity of speculators and hedgers and therefore is the indicator for market volatility and manipulation, states Scott Rothbort for the Street.com."
]]></description>
<dc:subject>ETFs trading investing finance economics financial-engineering volatility markets</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:cda64d623582/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:ETFs"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:investing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:financial-engineering"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:volatility"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/108450-the-lowdown-on-3x-leveraged-etfs?source=feed">
    <title>The Lowdown on 3X Leveraged ETFs - Seeking Alpha</title>
    <dc:date>2008-12-01T23:50:48+00:00</dc:date>
    <link>http://seekingalpha.com/article/108450-the-lowdown-on-3x-leveraged-etfs?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Obviously, given the 40%+ decline in major indices and close to double that for Financials, if you pick the bottom, you can realize an enormous return on the way back up. Do you think oil's headed back to $100+ when the global economy recovers? Then, ERX is the trade for you! However, picking the bottom is an act of god, so you'll definitely want to inject some caution and pragmatic thinking into your strategy.

There are various pairs/combos you can use for these. For instance, you can go long 3X with puts to create a neat hedge model, or you could use the 3X inverse to hedge the more significant long portion of your portfolio."
]]></description>
<dc:subject>ETFs exchange-traded-funds leverage investing trading markets portfolio-theory</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:6b2a605eab67/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:ETFs"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:exchange-traded-funds"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:leverage"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:investing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:portfolio-theory"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/108423-etf-holiday-stocking-stuffers?source=feed">
    <title>ETF Holiday Stocking Stuffers - Seeking Alpha</title>
    <dc:date>2008-12-01T23:49:45+00:00</dc:date>
    <link>http://seekingalpha.com/article/108423-etf-holiday-stocking-stuffers?source=feed</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>ETFs exchange-traded-funds investing trading finance markets</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:8c98823d51d0/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:ETFs"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:exchange-traded-funds"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:investing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://online.wsj.com/article/SB122360660328622015.html">
    <title>Denmark Offers a Model Mortgage Market - WSJ.com</title>
    <dc:date>2008-10-12T12:04:17+00:00</dc:date>
    <link>http://online.wsj.com/article/SB122360660328622015.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Second, mortgage originators are required to retain credit risk and to perform the servicing functions, thereby properly aligning the incentives. Third, the mortgage is funded by the issuance of standardized bonds, creating a large and liquid market. Indeed, the spread on Danish mortgage bonds is similar to the option-adjusted spread on bonds issued by the GSEs, although they carry no implicit government guarantees."
]]></description>
<dc:subject>mortgages economics public-policy planning crisis markets mechanism-design</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:bf79769ea383/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:mortgages"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:public-policy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:planning"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:mechanism-design"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.washingtonpost.com/wp-dyn/content/article/2008/09/16/AR2008091603732.html?hpid=topnews">
    <title>McCain Embraces Regulation After Many Years of Opposition - washingtonpost.com</title>
    <dc:date>2008-09-18T12:15:32+00:00</dc:date>
    <link>http://www.washingtonpost.com/wp-dyn/content/article/2008/09/16/AR2008091603732.html?hpid=topnews</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["[in 1999] ...McCain had joined with other Republicans to push through landmark legislation sponsored by then-Sen. Phil Gramm (Tex.), who is now an economic adviser to his campaign. The Gramm-Leach-Bliley Act aimed to make the country's financial institutions competitive by removing the Depression-era walls between banking, investment and insurance companies.

That bill allowed AIG to participate in the gold rush of a rapidly expanding global banking and investment market. But the legislation also helped pave the way for companies such as AIG and Lehman Brothers to become behemoths laden with bad loans and investments.

McCain now condemns the executives at those companies for pursuing the ambitions that the Gramm-Leach-Bliley Act made possible, saying that "in an endless quest for easy money, they dreamed up investment schemes that they themselves don't even understand.""
]]></description>
<dc:subject>politics economic-crisis markets crash election liars</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:74c981d4d336/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:politics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economic-crisis"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:crash"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:election"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:liars"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://seekingalpha.com/article/95866-only-the-little-people-pay-losses?source=feed">
    <title>Only the Little People Pay Losses - Seeking Alpha</title>
    <dc:date>2008-09-17T09:44:22+00:00</dc:date>
    <link>http://seekingalpha.com/article/95866-only-the-little-people-pay-losses?source=feed</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["OK, got it cracked. Don’t be a shareholder, or a preferred shareholder, or even a creditor or a policyholder. Just be a counterparty to a sleazy derivatives bucket shop — AIG Financial Products (AIG), to pick a name at random — and your chips, with applicable profits, will be returned no questions asked. "
]]></description>
<dc:subject>economy markets times-of-trouble bailout government Bushism</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:65f07391add9/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:times-of-trouble"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:bailout"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:government"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:Bushism"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://bookhappy.easyjournal.com/entry.aspx?eid=3600534">
    <title>The Cutthroat World of Book Scouting</title>
    <dc:date>2008-04-23T12:03:05+00:00</dc:date>
    <link>http://bookhappy.easyjournal.com/entry.aspx?eid=3600534</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[What's that old thing worth?
]]></description>
<dc:subject>economics books bookseller scarcity consensus markets pricing experiment antiquarian</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:c4402f14fc2a/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:books"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:bookseller"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:scarcity"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:consensus"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:pricing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:experiment"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:antiquarian"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://skillswap-brighton.org/">
    <title>SkillSwap Brighton</title>
    <dc:date>2008-03-10T16:58:35+00:00</dc:date>
    <link>http://skillswap-brighton.org/</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>community commons collaboration worklife economics development technology emergence markets</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:b6cb3fbd0b2d/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:community"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:commons"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:collaboration"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:worklife"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:development"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:technology"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:emergence"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.yet2.com/app/about/about/aboutus">
    <title>yet2.com - yet2.com offers scientists and researchers the opportunity to unearth critical technologies. Here, we unearth yet2.com Inc.</title>
    <dc:date>2008-02-12T00:07:59+00:00</dc:date>
    <link>http://www.yet2.com/app/about/about/aboutus</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>innovation intellectual-property patents exchange markets web service</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:a57a7067b1c3/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:innovation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:intellectual-property"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:patents"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:exchange"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:web"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:service"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.nakedcapitalism.com/2008/02/stiglitz-on-fallen-standing-of-us-high.html">
    <title>naked capitalism: Stiglitz: On the Fallen Standing of the US High Finance</title>
    <dc:date>2008-02-05T14:04:05+00:00</dc:date>
    <link>http://www.nakedcapitalism.com/2008/02/stiglitz-on-fallen-standing-of-us-high.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Deregulation has not worked. Unfettered markets may produce big bonuses for CEOs, but they do not lead, as if by an invisible hand, to societal well-being. Until we achieve a better balance between markets and government, the world will continue to pay a
]]></description>
<dc:subject>economics finance credit-crunch global economy markets ratings benchmarking confidence-in-both-senses</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:632a2352be88/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economy"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:confidence-in-both-senses"/>
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</item>
<item rdf:about="http://www.nakedcapitalism.com/2007/09/commercial-real-estate-prices-may-drop.html">
    <title>naked capitalism: Commercial Real Estate Prices May Drop 15% in Next Year</title>
    <dc:date>2007-09-09T22:03:07+00:00</dc:date>
    <link>http://www.nakedcapitalism.com/2007/09/commercial-real-estate-prices-may-drop.html</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA["Sam Zell is widely regarded as one of the savviest value investors around. The fact that Zell, an old hand in real estate, was cashing out was widely seen as the sign of a market top."
]]></description>
<dc:subject>real-estate finance markets economics bubble correction downturn depression recession</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:14a0872511d6/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:real-estate"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:bubble"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:depression"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:recession"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://www.tickdata.com/index.html">
    <title>Tick Data - Data Solutions for Investment Professionals</title>
    <dc:date>2007-09-07T21:14:11+00:00</dc:date>
    <link>http://www.tickdata.com/index.html</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>trading data data-mining finance markets database data-cleaning stocks equities</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:c1a957833e70/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:trading"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:data"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:data-cleaning"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:stocks"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:equities"/>
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</item>
<item rdf:about="http://metacool.typepad.com/metacool/2007/06/john_lilly_the_.html">
    <title>metacool: Words to live by</title>
    <dc:date>2007-07-08T20:08:49+00:00</dc:date>
    <link>http://metacool.typepad.com/metacool/2007/06/john_lilly_the_.html</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>corporations openness markets assumptions open-source new-landscape</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:4e4ff3fad2bf/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:corporations"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:open-source"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:new-landscape"/>
</rdf:Bag></taxo:topics>
</item>
<item rdf:about="http://papers.ssrn.com/sol3/papers.cfm?abstract_id=910614">
    <title>SSRN-It's SHO Time! Short-Sale Price-Tests and Market Quality by Karl Diether, Kuan-Hui Lee, Ingrid Werner</title>
    <dc:date>2007-07-06T12:24:59+00:00</dc:date>
    <link>http://papers.ssrn.com/sol3/papers.cfm?abstract_id=910614</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[Paper explaining results of SEC's pilot test of limited SHO short-sale price-test removal.
]]></description>
<dc:subject>finance trading markets SEC government regulation dynamics economics herd-following</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:396a2f7be6dc/</dc:identifier>
<taxo:topics><rdf:Bag>	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:finance"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:regulation"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:dynamics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:economics"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:herd-following"/>
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</item>
<item rdf:about="http://www.sec.gov/news/digest/2007/dig062807.txt">
    <title>SEC TO END SHORT SALE TICK TEST</title>
    <dc:date>2007-07-06T12:16:06+00:00</dc:date>
    <link>http://www.sec.gov/news/digest/2007/dig062807.txt</link>
    <dc:creator>Vaguery</dc:creator><description><![CDATA[It may have an effect on the underlying dynamics of market prices... but it seems like a rule of decreasing importance as the tick resolution of trading increases.
]]></description>
<dc:subject>trading SEC law finance markets regulation repeal bull-vs-bear</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:f72eee562416/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:law"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:bull-vs-bear"/>
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</item>
<item rdf:about="http://baens-universe.com/articles/salvos7">
    <title>Books: The Opaque Market (Eric Flint)</title>
    <dc:date>2007-06-02T23:05:36+00:00</dc:date>
    <link>http://baens-universe.com/articles/salvos7</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>via:armchair_anarchist openness intellectual-property copyright DRM piracy publishing liquidity markets opacity marketing business ebooks books</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:251f5ce38578/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:openness"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:intellectual-property"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:copyright"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:DRM"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:piracy"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:publishing"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:liquidity"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:markets"/>
	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:opacity"/>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:ebooks"/>
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</item>
<item rdf:about="http://laboratorium.net/archive/2007/05/22/scan_them_all_and_let_google_sort_them_out">
    <title>The Laboratorium: Scan Them All and Let Google Sort Them Out</title>
    <dc:date>2007-05-23T00:15:29+00:00</dc:date>
    <link>http://laboratorium.net/archive/2007/05/22/scan_them_all_and_let_google_sort_them_out</link>
    <dc:creator>Vaguery</dc:creator><dc:subject>via:slaniel digitization archive cultural-norms academia Google scanning books importance markets collaboration</dc:subject>
<dc:identifier>https://pinboard.in/u:Vaguery/b:a4ca41cd9ca8/</dc:identifier>
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	<rdf:li rdf:resource="https://pinboard.in/u:Vaguery/t:cultural-norms"/>
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</rdf:Bag></taxo:topics>
</item>
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