We propose a flexible framework for profit-seeking market making by combining cost function based automated market makers with bandit learning algorithms. The key idea is to consider each parametrisation of the cost function as a bandit arm, and the minimum expected profits from trades executed during a period as the rewards. This allows for the creation of market makers that can adjust liquidi...

Selecting concepts involves challenging decisions because decision-makers must consider many factors and the implications of the selection are far-reaching and unknown. As markets become increasingly sustainability-driven, bringing sustainability considerations into the decision is necessary. This is challenging due to the complexity of the concept of sustainability and it being unfamiliar to m...

I suggest a simple thought experiment. Science fiction books occasionally mention an imaginary device: a replicator. It consists of two boxes; you put an object in a box, close the lid, and instantly get its undistinguishable fully functional copy in the second box. In particular, a replicator can replicate smaller replicators. Now imagine the economy based on replicators. It needs two groups o...