The study investigated how ChatGPT and Bard categorize investor risk profiles compared to financial advisors. While there were no significant differences in the risk scores assigned by the chatbots and bankers for half of the clients, the chatbots often missed clients' specific characteristics. Chatbots may serve as a second opinion but cannot replace bankers.
This study analyzes insurance claim processing delays due to limited capacity and backlogs. It proposes optimal capacity selection to...
The lack of risk transfer stems from structural forces that deter innovation in insurance policies, leading to inefficient risk...
The paper explores Pareto optimality in decentralized peer-to-peer risk-sharing markets using robust distortion risk measures. It...
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