1,054 research outputs found

    Elitism in Mathematics and Inequality

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    The Fields Medal, often referred as the Nobel Prize of mathematics, is awarded to no more than four mathematician under the age of 40, every four years. In recent years, its conferral has come under scrutiny of math historians, for rewarding the existing elite rather than its original goal of elevating mathematicians from under-represented communities. Prior studies of elitism focus on citational practices and sub-fields; the structural forces that prevent equitable access remain unclear. Here we show the flow of elite mathematicians between countries and lingo-ethnic identity, using network analysis and natural language processing on 240,000 mathematicians and their advisor-advisee relationships. We found that the Fields Medal helped integrate Japan after WWII, through analysis of the elite circle formed around Fields Medalists. Arabic, African, and East Asian identities remain under-represented at the elite level. Through analysis of inflow and outflow, we rebuts the myth that minority communities create their own barriers to entry. Our results demonstrate concerted efforts by international academic committees, such as prize-giving, are a powerful force to give equal access. We anticipate our methodology of academic genealogical analysis can serve as a useful diagnostic for equality within academic fields

    The Amnesiac Lookback Option: Selectively Monitored Lookback Options and Cryptocurrencies

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    This study proposes a strategy to make the lookback option cheaper and more practical, and suggests the use of its properties to reduce risk exposure in cryptocurrency markets through blockchain enforced smart contracts and correct for informational inefficiencies surrounding prices and volatility. This paper generalizes partial, discretely-monitored lookback options that dilute premiums by selecting a subset of specified periods to determine payoff, which we call amnesiac lookback options. Prior literature on discretely-monitored lookback options considers the number of periods and assumes equidistant lookback periods in pricing partial lookback options. This study by contrast considers random sampling of lookback periods and compares resulting payoff of the call, put and spread options under floating and fixed strikes. Amnesiac lookbacks are priced with Monte Carlo simulations of Gaussian random walks under equidistant and random periods. Results are compared to analytic and binomial pricing models for the same derivatives. Simulations show diminishing marginal increases to the fair price as the number of selected periods is increased. The returns correspond to a Hill curve whose parameters are set by interest rate and volatility. We demonstrate over-pricing under equidistant monitoring assumptions with error increasing as the lookback periods decrease. An example of a direct implication for event trading is when shock is forecasted but its timing uncertain, equidistant sampling produces a lower error on the true maximum than random choice. We conclude that the instrument provides an ideal space for investors to balance their risk, and as a prime candidate to hedge extreme volatility. We discuss the application of the amnesiac lookback option and path-dependent options to cryptocurrencies and blockchain commodities in the context of smart contracts

    Digital Civic Participation and Misinformation during the 2020 Taiwanese Presidential Election

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    From fact-checking chatbots to community-maintained misinformation databases, Taiwan has emerged as a critical case-study for citizen participation in politics online. Due to Taiwanā€™s geopolitical history with China, the recent 2020 Taiwanese Presidential Election brought fierce levels of online engagement led by citizens from both sides of the strait. In this article, we study misinformation and digital participation on three platforms, namely Line, Twitter, and Taiwanā€™s Professional Technology Temple (PTT, Taiwanā€™s equivalent of Reddit). Each of these platforms presents a different facet of the elections. Results reveal that the greatest level of disagreement occurs in discussion about incumbent president Tsai. Chinese users demonstrate emergent coordination and selective discussion around topics like China, Hong Kong, and President Tsai, whereas topics like Covid-19 are avoided. We discover an imbalance of the political presence of Tsai on Twitter, which suggests partisan practices in disinformation regulation. The cases of Taiwan and China point toward a growing trend where regular citizens, enabled by new media, can both exacerbate and hinder the flow of misinformation. The study highlights an overlooked aspect of misinformation studies, beyond the veracity of information itself, that is the clash of ideologies, practices, and cultural history that matter to democratic ideals

    Targeted Ads and/as Racial Discrimination: Exploring Trends in New York City Ads for College Scholarships

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    This paper uses and recycles data from a third-party digital marketing firm, to explore how targeted ads contribute to larger systems of racial discrimination. Focusing on a case study of targeted ads for educational searches in New York City, it discusses data visualizations and mappings of trends in the advertisementsā€™ targeted populations alongside U.S census data corresponding to these target zipcodes. We summarize and reflect on the results to consider how internet platforms systemically and differentially target advertising messages to users based on race; the tangible harms and risks that result from an internet traffic system designed to discriminate; and finally, novel approaches and frameworks for further auditing systems amid opaque, black-boxed processes forestalling transparency and accountability

    KPop Fandoms drive COVID-19 Public Health Messaging on Social Media

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    This report examines an unexpected but significant source of positive public health messaging during the COVID-19 pandemic -- K-pop fandoms. Leveraging more than 7 million tweets related to mask wearing and K-pop between March 2020 and March 2021, we analyzed the online spread of the hashtag \#WearAMask amid anti-mask sentiments and public health misinformation. Analyses reveal the South Korean boyband BTS as the most significant driver of health discourse. Tweets from health agencies and prominent figures that mentioned K-pop generate 111 times more of online response compared to tweets that did not. These tweets also elicited a strong responses from South America, Southeast Asia, and rural States -- areas often neglected in Twitter-based messaging by mainstream social media campaigns. Our results suggest that public health institutions may leverage pre-existing audience markets to synergistically diffuse and target under-served communities both domestically and globally, especially during health crises such as COVID-19.Comment: 12 pages, 2 figures, 2 table

    WinoQueer: A Community-in-the-Loop Benchmark for Anti-LGBTQ+ Bias in Large Language Models

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    We present WinoQueer: a benchmark specifically designed to measure whether large language models (LLMs) encode biases that are harmful to the LGBTQ+ community. The benchmark is community-sourced, via application of a novel method that generates a bias benchmark from a community survey. We apply our benchmark to several popular LLMs and find that off-the-shelf models generally do exhibit considerable anti-queer bias. Finally, we show that LLM bias against a marginalized community can be somewhat mitigated by finetuning on data written about or by members of that community, and that social media text written by community members is more effective than news text written about the community by non-members. Our method for community-in-the-loop benchmark development provides a blueprint for future researchers to develop community-driven, harms-grounded LLM benchmarks for other marginalized communities.Comment: Accepted to ACL 2023 (main conference). Camera-ready versio
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