The Price of Anarchy in ROSCAS with Risk Averse Agents

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.

Cite

Text

Ikeokwu. "The Price of Anarchy in ROSCAS with Risk Averse Agents." AAAI Conference on Artificial Intelligence, 2021. doi:10.1609/AAAI.V35I18.17978

Markdown

[Ikeokwu. "The Price of Anarchy in ROSCAS with Risk Averse Agents." AAAI Conference on Artificial Intelligence, 2021.](https://mlanthology.org/aaai/2021/ikeokwu2021aaai-price/) doi:10.1609/AAAI.V35I18.17978

BibTeX

@inproceedings{ikeokwu2021aaai-price,
  title     = {{The Price of Anarchy in ROSCAS with Risk Averse Agents}},
  author    = {Ikeokwu, Christian},
  booktitle = {AAAI Conference on Artificial Intelligence},
  year      = {2021},
  pages     = {15964-15965},
  doi       = {10.1609/AAAI.V35I18.17978},
  url       = {https://mlanthology.org/aaai/2021/ikeokwu2021aaai-price/}
}