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Contest success function (CSF) maps contestants' efforts to their winning probability. This paper provides axiomatizations of CSFs with headstarts. The results extend the classic axiomatization of the Tullock CSF and connect to CSFs that…

Theoretical Economics · Economics 2026-03-05 Hao Yu

We give elementary examples within a framework for studying decisions under uncertainty where probabilities are only roughly known. The framework, in gambling terms, is that the size of a bet is proportional to the gambler's perceived…

Probability · Mathematics 2023-12-19 David J. Aldous , F. Thomas Bruss

We introduce an evolutionary game with feedback between perception and reality, which we call the reality game. It is a game of chance in which the probabilities for different objective outcomes (e.g., heads or tails in a coin toss) depend…

General Finance · Quantitative Finance 2009-02-09 Dmitriy Cherkashin , J. Doyne Farmer , Seth Lloyd

Several methods are available in the literature to stochastically compare random variables and random vectors. We introduce the notion of asymptotic stochastic order for random processes and define four such orders. Various properties and…

Probability · Mathematics 2021-03-03 Sugata Ghosh , Asok K. Nanda

Products between phase-type distributed random variables and any independent, positive and continuous random variable are studied. Their asymptotic properties are established, and an expectation-maximization algorithm for their effective…

Probability · Mathematics 2021-11-25 Hansjoerg Albrecher , Martin Bladt , Mogens Bladt , Jorge Yslas

Three equivalent characterizations of probability measures through independence criteria are given. These characterizations lead to a family of Brascamp--Lieb-type inequalities for relative entropy, determine equilibrium states and sharp…

Probability · Mathematics 2024-03-12 Thomas A. Courtade

Evaluating joint probabilities of potential outcomes and observed variables, and their linear combinations, is a fundamental challenge in causal inference. This paper addresses the bounding and identification of these probabilities in…

Machine Learning · Statistics 2026-02-24 Naoya Hashimoto , Yuta Kawakami , Jin Tian

How many fair coin tosses to choose 1 of $n$ options with uniform probability? Although a probability problem, the solution is essentially number-theoretic, with special roles for Mersenne numbers, Fermat numbers, and the haupt exponent. We…

Number Theory · Mathematics 2018-08-27 Matthew Brand

When humans infer underlying probabilities from stochastic observations, they exhibit biases and variability that cannot be explained on the basis of sound, Bayesian manipulations of probability. This is especially salient when beliefs are…

Neurons and Cognition · Quantitative Biology 2021-07-08 Arthur Prat-Carrabin , Florent Meyniel , Misha Tsodyks , Rava Azeredo da Silveira

We describe five types of results concerning information and concentration of discrete random variables, and relationships between them, motivated by their counterparts in the continuous case. The results we consider are information…

Probability · Mathematics 2017-04-25 Oliver Johnson

We introduce a natural generalization of the Erd\H{o}s-R\'enyi random graph model in which random instances of a fixed motif are added independently. The binomial random motif graph $G(H,n,p)$ is the random (multi)graph obtained by adding…

Combinatorics · Mathematics 2019-07-30 Michael Anastos , Peleg Michaeli , Samantha Petti

We consider the distribution of the binomial probability mass function (pmf) among arithmetic progressions and obtain an average-type theorem. As applications, we consider the possible visits to a kind of sieved sets of integers or lattice…

Number Theory · Mathematics 2023-07-07 Jun Hong , Xiaosheng Wu , Shixin Zhu

Random intersection graphs are characterized by three parameters: $n$, $m$ and $p$, where $n$ is the number of vertices, $m$ is the number of objects, and $p$ is the probability that a given object is associated with a given vertex. Two…

Combinatorics · Mathematics 2016-09-07 Katarzyna Rybarczyk , Dudley Stark

Parrondo's paradox is about a paradoxical game and gambling where two probabilistic losing games can be combined to form a winning game. While the counter intuitive game is interesting in itself, it can be thought of a discrete version of…

Physics and Society · Physics 2016-02-16 Abhijit Kar Gupta , Sourabh Banerjee

In this paper, we discuss the ambiguous chance constrained based portfolio optimization problems, in which the perturbations associated with the input parameters are stochastic in nature, but their distributions are not known precisely. We…

Optimization and Control · Mathematics 2023-11-09 Pulak Swain , Akshay Kumar Ojha

In a network of reinforced stochastic processes, for certain values of the parameters, all the agents' inclinations synchronize and converge almost surely toward a certain random variable. The present work aims at clarifying when the agents…

Probability · Mathematics 2025-06-11 Giacomo Aletti , Irene Crimaldi , Andrea Ghiglietti

Computing the probability of a formula given the probabilities or weights associated with other formulas is a natural extension of logical inference to the probabilistic setting. Surprisingly, this problem has received little attention in…

Artificial Intelligence · Computer Science 2012-03-19 Vibhav Gogate , Pedro Domingos

We study the effects of randomness on competitions based on an elementary random process in which there is a finite probability that a weaker team upsets a stronger team. We apply this model to sports leagues and sports tournaments, and…

Physics and Society · Physics 2013-04-02 E. Ben-Naim , N. W. Hengartner , S. Redner , F. Vazquez

A new class of stochastic variables, governed by a specifice set of rules, is introduced. These rules force them to loose some properties usually assumed for this kind of variables. We demonstrate that stochastic processes driven by these…

Quantum Physics · Physics 2007-05-23 J. M. A. Figueiredo

We revisit the game in which each of several players chooses a pattern and then a coin is flipped repeatedly until one of these patterns is generated. In particular, we demonstrate how to compute the probability of any one player winning…

Probability · Mathematics 2015-07-07 Jan Vrbik , Paul Vrbik