output
20082026
most citedLarge Language Models (LLMs) as Agents for Augmented Democracy

394 citations

Showing econ.GNShow all

15 papers · 1 filter

econ.GN2025

Are penalty shootouts better than a coin toss? Evidence from international club football in Europe

László Csató, Dóra Gréta Petróczy

Penalty shootouts play a crucial role in the knockout stage of major football tournaments. Their importance has substantially increased from the 2021/22 season, when the Union of E…

econ.GN2025★ 8 cited

Augmenting the availability of historical GDP per capita estimates through machine learning

Philipp Koch, Viktor Stojkoski, César A. Hidalgo

Can we use data on the biographies of historical figures to estimate the GDP per capita of countries and regions? Here we introduce a machine learning method to estimate the GDP pe…

econ.GN2024★ 1 cited

Swiss-system chess tournaments and unfairness

László Csató, Alex Krumer

The Swiss system is an increasingly popular competition format as it provides a favourable trade-off between the number of matches and ranking accuracy. However, there is no empiri…

econ.GN2024★ 4 cited

The Software Complexity of Nations

Sándor Juhász, Johannes Wachs, Jermain Kaminski +1

Despite the growing importance of the digital sector, research on economic complexity and its implications continues to rely mostly on administrative records, e.g. data on exports,…

econ.GN2024★ 6 cited

Competitive balance in the UEFA Champions League group stage: Novel measures show no evidence of decline

László Csató, Dóra Gréta Petróczy

Competitive balance, which refers to the level of control teams have over a sports competition, is a crucial indicator for tournament organisers. According to previous studies, com…

econ.GN2023★ 12 cited

The allocation of FIFA World Cup slots based on the ranking of confederations

László Csató, László Marcell Kiss, Zsombor Szádoczki

Qualifications for several world championships in sports are organised such that distinct sets of teams play in their own tournament for a predetermined number of slots. Inspired b…

econ.GN2023★ 38 cited

Estimating Digital Product Trade through Corporate Revenue Data

Viktor Stojkoski, Philipp Koch, Eva Coll +1

Despite global efforts to harmonize international trade statistics, our understanding of digital trade and its implications remains limited. Here, we introduce a method to estimate…

econ.GN2022★ 128 cited

Multidimensional Economic Complexity and Inclusive Green Growth

Viktor Stojkoski, Philipp Koch, César A. Hidalgo

To achieve inclusive green growth, countries need to consider a multiplicity of economic, social, and environmental factors. These are often captured by metrics of economic complex…

econ.GN2022★ 113 cited

The Policy Implications of Economic Complexity

César A. Hidalgo

In recent years economic complexity has grown into an active field of fundamental and applied research. Yet, despite important advances, the policy implications of economic complex…

econ.GN2022★ 2 cited

Understanding European Integration with Bipartite Networks of Comparative Advantage

Riccardo Di Clemente, Balázs Lengyel, Lars F. Andersson +1

Core objectives of European common market integration are convergence and economic growth, but these are hampered by redundancy, and value chain asymmetries. The challenge is how t…

econ.GN2019★ 21 cited

Revenue allocation in Formula One: a pairwise comparison approach

Dóra Gréta Petróczy, László Csató

A model is proposed to allocate Formula One World Championship prize money among the constructors. The methodology is based on pairwise comparison matrices, allows for the use of a…

econ.GN2019

Analytic solutions in a continuous-time financial market model

Zsolt Bihary, Attila András Víg

We propose a heterogeneous agent market model (HAM) in continuous time. The market is populated by fundamental traders and chartists, who both use simple linear trading rules. Most…

econ.GN2019★ 5 cited

Self-respecting worker in the precarious gig economy: A dynamic principal-agent model

Zsolt Bihary, Péter Csóka, Péter Kerényi +1

We develop a continuous-time principal-agent model of gig work, where contractual flexibility allows the employer to adjust fixed pay and output-based incentives dynamically. The w…

econ.GN2018★ 23 cited

An alternative quality of life ranking on the basis of remittances

Dóra Gréta Petróczy

Remittances provide an essential connection between people working abroad and their home countries. This paper considers these transfers as a measure of preferences revealed by the…

econ.GN2018★ 2 cited

Brexit: The Belated Threat

Dóra Gréta Petróczy, Mark Francis Rogers, László Á. Kóczy

Debates on an EU-leaving referendum arose in several member states after Brexit. We want to highlight how the exit of an additional country affects the power distribution in the Co…