"This article examines… a user-held data model. This approach takes advantage of ‘personal data clouds’ that allows data subjects to store their data locally and in a more decentralised manner, thus decreasing the need for cross-border transfers and offering end-users the possibility of greater control over their data."
"This work presents a Bayesian-based semi-mechanistic model for a short-term forecast of pandemic risk."
"I argue that that conventional risk analysis—meaning risk analysis fixated on controlling risks—should expand to systematically integrate two related principles. The first is prevention, which seeks in the first instance to avoid the risk altogether. The second is resilience, which aims build the capacity to respond to whatever does come to pass."
"... the proposed reforms risk (1) undermining the data subjects’ rights that were ensured with the adoption of the EU GDPR into UK law; (2) introducing an accountability framework that is inadequate to address harm prevention; and (3) eroding the regulatory probity of the Information Commissioner’s Office (ICO). We also comment on the analysis of the expected impact of the reform, discussing the negative impact for both public and private stakeholders, especially in light of the “Brussels effect” and growing international compliance with the EU GDPR."
"... in a world where algorithmic opacity has become a strategic tool for firms to escape accountability, regulators in the EU, the US, and elsewhere should adopt a human-rights-based approach to impose a social transparency duty on firms deploying high-risk AI techniques."
"... the proposed AI Act requires risky AI providers to comply with several standards before they can place their system on the market. Second, it has been acknowledged that autonomous systems pose a challenge to conventional liability rules. Consequently, at the European level, a new draft regulation on liability rules was initiated. Both proposals follow a first-of-its-kind policy that outlines how companies are allowed to use AI and what consequences should be enforced if an AI system causes harm to third parties."
"... this paper considers what problem, if any, the risk-based approach seeks to solve. It suggests that the problem to be solved by the approach is not primarily how to manage AI risks, but how to avoid a potentially over-broad scope of the regulation—a potential created by the broad definition of AI included in the Proposal."
" The introduced valuation principle relies on stochastic ordering so that the valuation risk-loading, and thus risk premiums, generated by the measure distortion is an ordered parametric family. The quantile processes are generated by a composite map consisting of a distribution and a quantile function."
"... this paper introduces a generic simplified solution for plantwide auxiliary diagnosis through Bayesian inference and quantification results from a probabilistic risk assessment (PRA) report, which is cost-efficient to implement and helpful in decision making."
"This paper... reviews the different channels of transmission of prudential policy highlighted in the literature and... provides a quantitative assessment of the impact of Basel III reforms using "off-the-shelf" DSGE models. It shows that the effects of regulation are positive on GDP whenever the costs and benefits of regulation are both introduced."