“The #eu draft for an #euaiact is a legal medley. Under the banner of #risk-based #regulation, the AI Act combines two repertoires of EU law, namely #productsafety and #fundamentalrights protection. However, the proposed medley can fail if it does not account for the structural differences between the two legal repertoires…”
The paper delves into the intertwining of financial institutions and environmental concerns, particularly climate change and biodiversity loss. It introduces a dual framework based on 'impact' and 'ri
The paper explores optimal insurance contracts using decision makers' preferences, combining expected loss with a deviation measure like Gini coefficient or standard deviation. It reveals that using e
“I show that, during a normal economic period, rather than having a disciplining effect, disclosure leads to banks increasing risk taking, consistent with banks facing pressure to offset the costs of