4 papers
Mechanism-Based Intelligence (MBI): Differentiable Incentives for Rational Coordination and Guaranteed Alignment in Multi-Agent Systems
Stefano Grassi
Autonomous multi-agent systems are fundamentally fragile: they struggle to solve the Hayekian Information problem (eliciting dispersed private knowledge) and the Hurwiczian Incenti…
Sentiment Classification of Thai Central Bank Press Releases Using Supervised Learning
Stefano Grassi
Central bank communication plays a critical role in shaping economic expectations and monetary policy effectiveness. This study applies supervised machine learning techniques to cl…
Sequential Monte Carlo for Noncausal Processes
Gianluca Cubadda, Francesco Giancaterini, Stefano Grassi
This paper proposes a Sequential Monte Carlo approach for the Bayesian estimation of mixed causal and noncausal models. Unlike previous Bayesian estimation methods developed for th…
The Time-Varying Multivariate Autoregressive Index Model
G. Cubadda, S. Grassi, B. Guardabascio
Many economic variables feature changes in their conditional mean and volatility, and Time Varying Vector Autoregressive Models are often used to handle such complexity in the data…