^Tagfinancial fraud

Multi-ethnic group of people standing in row and wearing masks at polling station on election day

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post

Author
News
Date
December 18, 2020

Categorized
Artificial Intelligence, Ethics

Tagged
Alice and Bob, Ballots, Election integrity, Electoral fraud, financial fraud}

How Electoral Fraud Is Different From Financial Fraud

_{Money can be moved around safely but votes must be credited to a single intended destination} _{News

December 18, 2020

9

Artificial Intelligence, Ethics}

(Recently, we’ve been asking readers to think about Alice and Bob, the famous pair in physics used to demonstrate propositions in a variety of contexts but, just for now, let’s look at how Alice’s vote might be stolen, as opposed to funds from her account being stolen. What would help prevent that? This is Bernard Fickser’s view:) The role of the voter in the electoral context has no parallel in the financial context. As a result, a significant difference exists in the roles of financial Alice and Bob versus electoral Alice and Bob. In the financial context, Alice, Bob and others like them (Carol, David, Earnest, etc.) are financial agents that consciously move money, or capital, among themselves. In the Read More ›

african american citizen voting near stand with vote lettering

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post

Author
News
Date
December 17, 2020

Categorized
Ethics

Tagged
Alice and Bob, Electoral fraud, Featured, financial fraud}

What If Voters Could Sue for Lost or Altered Ballots?

_{Let’s look at the difference between what happens with financial fraud and electoral fraud} _{News

December 17, 2020

10

Ethics}

Recently, we’ve been asking readers to think about Alice and Bob, the famous pair in physics used to demonstrate propositions in a variety of contexts but, just for now. Let’s look at how Alice might be able to detect financial fraud, courtesy the blog Expensivity. Fraudster Frank can cheat Financial Alice. But how does she know? Bernard Fickser asks us to consider two ways… and to ask, what if it involves stealing her vote? 1.The money just disappeared. In this case there would be no record of any authorization by Alice, or by someone impersonating Alice, or by any bank official that she disbursed the funds. This would represent a cybersecurity failure on the part of the bank, and the Read More ›

Senior Woman Giving Credit Card Details On The Phone

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post

Author
News
Date
December 16, 2020

Categorized
Business and Finance, Economics, Ethics

Tagged
Bernard Fickser, Expensivity, financial fraud, Humble Pi (book), Matt Parker}

How Do We Know Financial Transactions Are Honest?

_{Let’s look at the steps we can take to find out} _{News

December 16, 2020

4

Business and Finance, Economics, Ethics}

Recently, we’ve been asking readers to think about Alice and Bob, the famous pair in physics used to demonstrate propositions, for example, as if as if they were running for office. At Expensivity, a blog about that expensive and unpleasant subject, money, Bernard Fickser asks about better ways of preventing financial fraud: We focus on financial Alice (the situation with financial Bob is parallel). Alice wants the record of deposits and disbursements in her ledger to reflect deposits that she has knowingly and willingly received as well as disbursements that she has authorized to go to the intended parties. If this is the case, the record of deposits and disbursements in her ledger as well as the running totals will Read More ›

european Union parliament election concept - hand putting ballot in blue election box

^{Type
post

Author
News
Date
December 14, 2020

Categorized
Data Privacy, Economics

Tagged
Alice and Bob, Bernard Fickser, Electoral reform, Expensivity, financial fraud}

How Can We Prevent Financial or Election Fraud?

_{Both contexts come down to an accounting problem, keeping track of money or votes over time.} _{News

December 14, 2020

4

Data Privacy, Economics}

Here’s an idea from Expensivity, a blog about money and a lot of other things. Let’s take two people, the famous Alice and Bob, used to demonstrate many propositions in math and science: In an electoral context, we think of Alice and Bob as candidates running against each other for the same office. Alice’s ledger indicates votes that have been added or subtracted over time (with dates and times of the additions and subtractions), as well as her current vote total. Similarly for Bob. The vote total in each ledger starts at zero and can never drop below zero. If only legitimate votes are added to Alice’s ledger, there should be no need for votes ever to be subtracted from Read More ›