Social Media Analytics for Maintaining Financial Stability

Author(s):  
Sebin B. Nidhiri ◽  
Sakshi Saxena

Risk and uncertainty are disliked but inevitable. The nature of these has changed and new sources of risk have risen. To mitigate risk and maintain financial stability, the firms need to adapt. The world wide web and, within it, social media have had tremendous growth and wide coverage lately, making them determining forces in any economic activity. This has led to generation of large amount of data on myriad concerns. Recent developments in computing technology has thrown open the possibility of mining useful information from the enormous and dynamic data. The chapter outlines the growth of social media and social media analytics and its financial implications to businesses, consumers, and governments. It details how risk management and social media, two domains earlier considered more diverged than chalk and cheese are now inextricably linked and explains using various cases how social media analytics is used to manage risk and uncertainty. The authors also look at the emerging challenges with these developments.

Author(s):  
Sebin B. Nidhiri ◽  
Sakshi Saxena

Risk and uncertainty are disliked but inevitable. The nature of these has changed and new sources of risk have risen. To mitigate risk and maintain financial stability, the firms need to adapt. The world wide web and, within it, social media have had tremendous growth and wide coverage lately, making them determining forces in any economic activity. This has led to generation of large amount of data on myriad concerns. Recent developments in computing technology has thrown open the possibility of mining useful information from the enormous and dynamic data. The chapter outlines the growth of social media and social media analytics and its financial implications to businesses, consumers, and governments. It details how risk management and social media, two domains earlier considered more diverged than chalk and cheese are now inextricably linked and explains using various cases how social media analytics is used to manage risk and uncertainty. The authors also look at the emerging challenges with these developments.


2021 ◽  
Vol 64 (1) ◽  
pp. 86-104
Author(s):  
Sasha Newell

AbstractIn this article Newell uses two case studies to explore one of the central threads of Mbembe’s Abiola lecture, the idea that there is a relationship between the plasticity of digital technology and African cosmologies of the deuxième monde. One case concerns the viral YouTube video #sciencemustfall, in which students at the University of Cape Town criticize “Western” science and demand that African forms of knowledge such as witchcraft be incorporated into the meaning of science. The second case considers fieldwork among the brouteurs of Côte d’Ivoire, internet scammers who build intimate relationships on false premises using social media. They acquire shocking amounts of wealth in this way which they display on their own social media accounts. However, they are said to use occult means to seduce and persuade their virtual lovers, trapping their prey in the sticky allure of the world wide web. Newell uses both examples to highlight the overlaps between the transformational efficacies embedded in both occult ontologies and digital worldings, calling for the possibility of using African cosmologies of the second world to produce a ‘theory from the south’ of virtual sociality.


Author(s):  
Howard Rheingold

Reprinted from legendary cyberspace pioneer Howard Rheingold's classic, The Virtual Community: Homesteading on the Electronic Frontier, “Daily Life in Cyberspace: How the Computerized Counterculture Built a New Kind of Place” situates the reader in the context of social media before the World Wide Web. Rheingold narrates how he became involved in The WELL community; details community and personalities on The WELL; and documents user experience with the WELL's conferencing system, including how conversations are created and organized and how social media compares to face to face dialog. Rheingold also explores social media-based dialog in terms of reciprocity; “elegantly presented knowledge”; the tradition of conversation in the Athenian agora; and the value of freedom of expression. Introduced by Judy Malloy.


2018 ◽  
pp. 235-242
Author(s):  
Steven McKevitt

The Conclusion draws together the main findings of the study. Britain in 1997 was a far more emotional and expressive society. This is highlighted by two events: the public response to the death of Diana, Princess of Wales, and the success of New Labour in the general election. The extent to which persuasion industries were responsible for bringing these changes about is discussed. There is a discussion of some areas for further study: the subsequent impact of the World Wide Web and social media platforms; persuasion aimed at children/juvenile consumption, and the development of single British brand throughout the period—for example, Virgin.


Author(s):  
Remco Snijders ◽  
Marco Spruit

With the explosive growth of the World Wide Web and the rise of social media, new approaches in Music Recommendation evolve. The current study investigates how blogs and micro-blogs can improve the perceived quality of music recommendation. A literature review and expert interviews are conducted to identify important topics regarding (micro-) blogs and Music Recommendation. Subsequently, the prototype Songdice is built and tested in a user-evaluation. Songdice uses music blogs to recommend songs and rationalize those recommendations. The authors' results show that (micro-) blogs can improve the perceived quality of recommendations by creating trust, using personalization and exploiting the quality of music in the long tail. Additional research is required to determine the most effective way to use information from blogs and micro-blogs. The authors' research explores a new area in music recommendation literature and provides a starting point for further research concerning the combination of (micro-) blogs and music recommendation.


2007 ◽  
pp. 124-158
Author(s):  
Mehregan Mahdavi ◽  
Boualem Bentallah

The World Wide Web provides a means for sharing data and applications among users. However, its performance and in particular providing fast response time is still an issue. Caching is a key technique that addresses some of the performance issues in today’s Web-enabled applications. Deploying dynamic data especially in an emerging class of Web applications, called Web Portals, makes caching even more interesting. In this chapter, we study Web caching techniques with focus on dynamic content. We also discuss the limitations of caching in Web portals and study a solution that addresses these limitations. The solution is based on the collaboration between the portal and its providers.


2016 ◽  
Vol 7 (4) ◽  
pp. 88-93 ◽  
Author(s):  
Ahmed M. Lutfi

Aims and Objectives: Performance- and Image-Enhancing Drugs (PIEDs) refer to all known forms of substances, that can enhance either the morphology or the physiological performance or both simultaneously. The exponential rise of electronic commerce (e-commerce) for PIEDs is a major public issue, for which control protocols are to be deployed.Materials and Methods: It would be a waste of time and resources to track and/or shut down all PIED-promoting websites one by one. Cyberspace is vast; the PIED “product managers” will always adapt to surveillance-control policies over their illegitimate online businesses. A more rational approach would be to track, challenge, and tackle the same resources upon which PIED electronic commerce is based: the infrastructure of the World Wide Web (the Internet).Results: Concerning PIED e-commerce, the main resources are Google and AOL (search engines); YouTube, Wikipedia, and Facebook (social media sites); and Alibaba, Amazon, and eBay (major e-commerce websites).Conclusion: Illegal PIED e-commerce became a major public problem. The major drivers are the Internet search engines, social media sites, and major e-commerce websites. Effective protocols toward these resources would hinder any future progress of this illegitimate worldwide phenomenon.Asian Journal of Medical Sciences Vol.7(4) 2016 88-93


Author(s):  
Tehmina Amjad ◽  
Ali Daud ◽  
Malik Khizar Hayat ◽  
Muhammad Tanvir Afzal ◽  
Hussain Dawood

COVID-19 has created anxiety not only in individuals but also in health organizations, and countries worldwide. Not a single industry is left un-influenced and loss is being estimated in billions of dollars. The widespread of this pandemic disease has challenged researchers all over the world. Some of the researchers are working to invent its cure while, others are applying computing technologies to stop its spread, by analyzing and identifying patterns for prediction and forecasting. This is by no doubt the hottest area of research for the last 100 years. This survey has targeted the research published in computing sub-domains to combat the pandemic. The survey has clustered the scientific efforts into logical groups: surveillance, metrological effects, social media analytics, image processing and business and economy, analysis and modeling. It will serve as a leading source for the followings: researchers who want to identify what has been achieved in different computing sub-domains, those who need fresh authenticated datasets openly accessible for different research contexts and what are future directions in this area of research. The findings of analysis and modeling can be also useful for government agencies who want to set priorities and formulate policies.


Author(s):  
R. Bruce Shephard

The 2 March 1987 Edgecumbe earthquake of magnitude (ML) 6.3 resulted in a total loss of some NZ$430M and an insured loss of about NZ$330, (non inflation adjusted). Coupled with other world wide natural disasters resulting in large loss costs, particularly insurance costs, the Edgecumbe earthquake contributed to increasing international costs from natural hazards. As well as putting increasing demands on the world insurance markets it also drew attention of insurers to the potential of earthquake loss in New Zealand. With insurance at higher premium rates, and in some situations difficult to obtain cover, there developed increasing demand for loss assessments and risk management applications. The basic development of earthquake loss methodologies had been established in the early 1980's. Developments of the decade following the Edgecumbe earthquake have focused on refinement of these methods, research and collection of data, applications of computer systems, and extensions to other applications.


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