英文标题：
《Artificial Intelligence Alter Egos: Who benefits from Robo-investing?》
---
作者：
Catherine D\'Hondt, Rudy De Winne, Eric Ghysels, Steve Raymond
---
最新提交年份：
2019
---
英文摘要：
Artificial intelligence, or AI, enhancements are increasingly shaping our daily lives. Financial decision-making is no exception to this. We introduce the notion of AI Alter Egos, which are shadow robo-investors, and use a unique data set covering brokerage accounts for a large cross-section of investors over a sample from January 2003 to March 2012, which includes the 2008 financial crisis, to assess the benefits of robo-investing. We have detailed investor characteristics and records of all trades. Our data set consists of investors typically targeted for robo-advising. We explore robo-investing strategies commonly used in the industry, including some involving advanced machine learning methods. The man versus machine comparison allows us to shed light on potential benefits the emerging robo-advising industry may provide to certain segments of the population, such as low income and/or high risk averse investors.
---
中文摘要：
人工智能（AI）的增强正日益塑造我们的日常生活。财务决策也不例外。我们引入了AI-Alter-Egos的概念，即影子机器人投资者，并使用一个独特的数据集，涵盖2003年1月至2012年3月（包括2008年金融危机）的大量投资者的经纪账户，以评估机器人投资的效益。我们有详细的投资者特征和所有交易记录。我们的数据集由通常以机器人咨询为目标的投资者组成。我们探讨了业界常用的机器人投资策略，包括一些涉及高级机器学习方法的策略。通过人机对比，我们可以了解新兴的机器人咨询行业可能为某些人群带来的潜在好处，例如低收入和/或高风险厌恶投资者。
---
分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：Portfolio Management 项目组合管理
分类描述：Security selection and optimization, capital allocation, investment strategies and performance measurement
证券选择与优化、资本配置、投资策略与绩效评价
--
一级分类：Economics 经济学
二级分类：Econometrics 计量经济学
分类描述：Econometric Theory, Micro-Econometrics, Macro-Econometrics, Empirical Content of Economic Relations discovered via New Methods, Methodological Aspects of the Application of Statistical Inference to Economic Data.
计量经济学理论，微观计量经济学，宏观计量经济学，通过新方法发现的经济关系的实证内容，统计推论应用于经济数据的方法论方面。
--
一级分类：Quantitative Finance 数量金融学
二级分类：Statistical Finance 统计金融
分类描述：Statistical, econometric and econophysics analyses with applications to financial markets and economic data
统计、计量经济学和经济物理学分析及其在金融市场和经济数据中的应用
--

---
PDF下载：
-->