Related papers: Subadditive stake systems
This paper delves into the spectrum of credit risks associated with decentralized stablecoin issuance, ranging from overcollateralized lending to business-to-business credit. It examines the mechanisms, risks, and mitigation strategies at…
In the classic sequential testing problem, we are given a system with several components each of which fails with some independent probability. The goal is to identify whether or not some component has failed. When the test costs are…
An inductive logic can be formulated in which the elements are not propositions or probability distributions, but information systems. The logic is complete for information systems with binary hypotheses, i.e., it applies to all such…
We consider the lattice of all the weak factorization systems on a given finite lattice. We prove that it is semidistributive, trim and congruence uniform. We deduce a graph theoretical approach to the problem of enumerating transfer…
Theoretical constructs of logical gates implemented with plant roots are morphological computing asynchronous devices. Values of Boolean variables are represented by plant roots. A presence of a plant root at a given site symbolises the…
In this paper, we discuss coin-weighing problems that use a 5-way scale which has five different possible outcomes: MUCH LESS, LESS, EQUAL, MORE, and MUCH MORE. The 5-way scale provides more information than the regular 3-way scale. We…
Exterior calculus with its three operations meet, join and hodge star complement, is used for the representation of fermion-hole systems and for fermionic analogues of logical gates. Two different schemes that implement fermionic quantum…
If the tunnel number of a link $K$ is denoted $t(K)$, a pair of knots $K_1,K_2$ is said to be subadditive if $t(K_1)+t(K_2)>t(K_1 # K_2)$. We construct new examples of subadditive links.
Linear systems with many degrees of freedom containing multiplicative and additive noise are considered. The steady state probability distribution for equations of this kind is examined. With multiplicative white noise it is shown that…
Nowadays, rating systems play a crucial role in the attraction of customers for different services. However, as it is difficult to detect a fake rating, attackers can potentially impact the rating's aggregated score unfairly. This malicious…
We propose and discuss some toy models of stock markets using the same operatorial approach adopted in quantum mechanics. Our models are suggested by the discrete nature of the number of shares and of the cash which are exchanged in a real…
A polynomial of degree $\ge 2$ with coefficients in the ring of $p$-adic numbers $\mathbb{Z}_p$ is studied as a dynamical system on $\mathbb{Z}_p$. It is proved that the dynamical behavior of such a system is totally described by its…
Proof-of-stake blockchain protocols have emerged as a compelling paradigm for organizing distributed ledger systems. In proof-of-stake (PoS), a subset of stakeholders participate in validating a growing ledger of transactions. For the…
In the following paper we provide a review and development of sequential Monte Carlo (SMC) methods for option pricing. SMC are a class of Monte Carlo-based algorithms, that are designed to approximate expectations w.r.t a sequence of…
The stochastic multi-armed bandit has provided a framework for studying decision-making in unknown environments. We propose a variant of the stochastic multi-armed bandit where the rewards are sampled from a stochastic linear dynamical…
Symbolic Finite Automata and Register Automata are two orthogonal extensions of finite automata motivated by real-world problems where data may have unbounded domains. These automata address a demand for a model over large or infinite…
Systemic risk in banking systems remains a crucial issue that it has not been completely understood. In our toy model, banks are exposed to two sources of risks, namely, market risk from their investments in assets external to the banking…
In the present paper we study the existence of solutions for some classes of singular systems involving the p(x) and q(x) Laplacian operators. The approach is based on bifurcation theory and subsupersolution method for systems of…
In our previous paper, "A Unified Approach to Systemic Risk Measures via Acceptance Set" (\textit{Mathematical Finance, 2018}), we have introduced a general class of systemic risk measures that allow for random allocations to individual…
We call a system super-linearizable if it admits finite-dimensional embedding as a linear system -- known as a finite-dimensional Koopman embedding; said otherwise, if its dynamics can be linearized by adding a finite set of observables. We…