Can AI Help Us Understand Whether To Bail Out Banks?
The Horizons Tracker
APRIL 11, 2023
The decision to bail out banks en masse in 2009 was widely adopted yet far from uncontroversial. Research from UCL explores whether AI can help governments to decide whether to bail out a bank in crisis or not. This short-term cost is justified to the taxpayer because the long-term costs of bank defaults would be more harmful.
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