The Price of Anarchy in ROSCAS with Risk Averse Agents

Authors

  • Christian Ikeokwu Oberlin College, Oberlin, OH

Keywords:

Mechanism Design, Applications Of AI, Game Theory, Price Of Anarchy

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.

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Published

2021-05-18

How to Cite

Ikeokwu, C. . (2021). The Price of Anarchy in ROSCAS with Risk Averse Agents. Proceedings of the AAAI Conference on Artificial Intelligence, 35(18), 15964-15965. Retrieved from https://ojs.aaai.org/index.php/AAAI/article/view/17978

Issue

Section

AAAI Undergraduate Consortium