AI-Driven Decision-Making in Finance

This book explores the deep impact of AI and digital transformation on finance, its practices and decision intelligence processes. The book and its practical, analytical chapters present further insights regarding ways to effectively utilize AI, potentially even beyond the existing theoretical and practical knowledge. Regulatory, ethical, security and moral challenges and concerns associated with the use of AI in finance are thoroughly analyzed.Readers will take away a conceptual and practical understanding of AI and digitalization as well as real-world practical case studies, so that they can be applied appropriately in a workplace setting. It aims to differentiate itself by focusing more specifically on the practical realities of AI and digital transformation in decision-making processes within finance, offering actionable guidance and real-world case study or implications, which are less emphasized in most other competitors.The book is appropriate for experts and professionals interested in deployment of AI, digitalization and their implementation in finance. No doubt, academics, professionals, students and finance experts will find this book an informative practice resource. The book would suit anyone interested in AI and its broader applications in finance or its uses in decision-making processes.

Dr. Bilal Bagis is a seasoned economist, instructor, strategist, columnist and consultant, based in Istanbul / Türkiye.He has a merit-based scholarship funded multidisciplinary B.Sc. (combining engineering with a business degree) from ITU (2006), a fully funded and theoretically focused M.A. in Economics from Sabanci University (2009) and a fully funded Ph.D. degree in economics from the University of California (2014). Dr. Bagis is grateful to the Turkish Government for education abroad fellowship, the Turkish TUBITAK, UC Regents, Fulbright, TEV, ITU and Sabanci University for all the awards, scholarships and financial support they have provided throughout his education.Dr. Bagis, is an experienced economist and author with a strong background in policymaking, financial systems, and technology policy. His recent works, including reports for SETA and SAM on financial innovation and technological transformation, position him well to author a book on AI-driven decision-making in economics, finance or energy.Since his undergraduate years, he has consistently focused on Türkiye’s macro instabilities and financial crises. His research interests lie in AI applications in economics and finance, international finance, macroeconomics, policy analysis, public policies and political economy. He has recently been interested in theoretical and practical implications of AI and digitalization as well.Dr. Bagis specializes in bridging the gap between theory and practice. He focuses on and has a deep expertise in macro and financial stability and efficacy of policies at the discretion of policymakers. His analysis and working papers are published by various prominent institutions including the SETA Foundation and the Turkish Ministry of Foreign Affairs’ SAM. He is well-known for his extensive writing schedule, and coverage of Türkiye’s economic and financial development.Dr. Bagis’s publications are already listed on some of the most prominent university library catalogs, including at Princeton University, Columbia University and UC Berkeley. His books and academic publications may be accessed via domestic publishing houses such as Kitapyurdu, Pandora, Nezih, D&R and Kabalcı; as well as some international publishing houses and academic platforms such as Amazon, Springer, JStor and RePEc.He has so far had short-term and long-term teaching experiences in the US, France, Poland, Türkiye etc. He has taught various graduate and undergraduate level courses at prominent institutions in the US and in Türkiye, including at UC Berkeley in CA and Sabanci University in Istanbul, Türkiye. He has so far taught various economics, math, finance, statistics and eCommerce classes. Prior to his academic instructor experience, he has worked as teaching assistant for various economics, finance and math classes both in Istanbul Türkiye and at the University of California.Dr. Bagis has had numerous domestic and international presentations and publications on various venues. He has, so f