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AI is described as expanding finance’s production frontier
Explore how AI expands financial production possibilities through data activation, efficiency gains, service restructuring, and risk optimization while navigating algorithmic bias and regulatory.
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ESG controversies raise banks' operating costs
Stochastic frontier analysis of ESG controversies and banking cost efficiency reveals significant operating expense increases moderated by institutional quality and baseline ESG performance.
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A benchmark of expert-level academic questions to assess AI capabilities
HLE benchmark reveals substantial gap between state-of-the-art LLMs and expert human performance on 2,500 closed-ended academic questions across mathematics, humanities, and natural sciences.