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IIIM News

Research on Modern Banking Systems and Economic Theory Presented by Dr. Jacky Mallett

Time & Location

10th of June, 2011 at 13:00, in Reykjavik University, Betelgás (Venus, 1st floor)

Dr. Jacky Mallet, Ph.D. graduate from MIT, will be holding a talk at Reykjavik University on her research on modern banking systems and economic theory. Using complex dynamic systems, her computer simulations have yielded evidence challenging some of the assumptions on which modern economic theories are based.

A number of deficiencies in the textbook model of the banking system’s behaviour will be demonstrated in the talk, titled Analysing the Behaviour of the Textbook Fractional Reserve Banking Model as a Complex Dynamic System.


Brought to you by the Icelandic Institute for Intelligent Machines and
the Center for Analysis & Design of Intelligent Agents

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Featured Content, IIIM News

Call for Papers: Self-Programming in AGI Systems – AGI-11 Workshop

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Introducing a call for papers for the proposed workshop on Self-Programming in AGI Systems. The workshop will be part of the next conference on Artificial General Intelligence (AGI), hosted by Google, Inc. August 3-6th, at its headquarter facilities in Mountain view, California, USA.

AGI Conference 2011 Banner

A compact description of areas of interest is included in this post, and full descriptions, questions of interest, information and submission guidelines can be found on our dedicated workshop page.
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IIIM News

Take Part in the Intelligent Virtual Agents Conference (IVA) 2011

The IVA 2011 annual conference will be hosted by Reykjavik University in Iceland, from September 15 – 17, 2011. IIIM lends its support as an official sponsor of IVA ’11, with the Institute’s CEO Dr. Kristinn R. Thórisson and Associate Director Dr. Stacy Marsella residing as two of the conferences’ chairs.  Continue reading Take Part in the Intelligent Virtual Agents Conference (IVA) 2011 →

Reports & Papers

Download “What are the Limits on Commercial Bank Lending?” by Jacky Mallett

Now available for download – a technical report written by Jacky Mallett, affiliate researcher of IIIM. Title of the paper is “What are the Limits on Commercial Bank Lending?”. Preprint submitted to Elsevier, September 20th, 2010.

The report presents a controversial theory, with backing evidence, about the cause of the financial crash in 2008, and why it will probably happen again soon. It took a computer scientist, with an eye on algorithms, to crack what many economists failed to understand. See download link and abstract below.
Continue reading Download “What are the Limits on Commercial Bank Lending?” by Jacky Mallett →