2021 AAAI AAAI 2021

The Price of Anarchy in ROSCAS with Risk Averse Agents

Abstract

Abstract Rotating Savings and Credit Associations (Roscas) are a widely documented informal financial organization that is often used in low-income communities with limited funding sources. Roscas have been shown to serve as a tool for economic empowerment and a way of mitigating adverse shocks to income for vulnerable communities. In this paper, I describe my contributions to a research project in which we study the allocative efficiency of different Rosca structures and formats in the presence of risk-averse agents.

🌉 Interdisciplinary Bridge — Artificial Intelligence and Mathematics & Optimization
🧭 Keyword Pioneer — rotating saving
🐝 Cross-Pollinator — Artificial Intelligence, Computer Science, Computer Vision, Data Science & Analytics, Deep Learning, Healthcare & Medicine, Interdisciplinary, Knowledge & Reasoning, Machine Learning, Mathematics & Optimization, Natural Language Processing, Reinforcement Learning, Robotics, Security & Privacy