Related papers: Subadditive stake systems
System of alternatively orthogonalized rational functions of Jacobi type on the half line $[1, \infty)$ is defined and its properties are established. Three subsystems of proper and mixed systems of rational functions with nice properties…
Randomized mechanisms can have good normative properties compared to their deterministic counterparts. However, randomized mechanisms are problematic in several ways such as in their verifiability. We propose here to derandomize such…
A new proof for adjoint systems of linear equations is presented. The argument is built on the principles of Algorithmic Differentiation. Application to scalar multiplication sets the base line. Generalization yields adjoint inner vector,…
In this work we present a new simple but efficient scheme - Subsquares approach - for development of algorithms for enclosing the solution set of overdetermined interval linear systems. We are going to show two algorithms based on this…
We study two different contributions to the theory of (scalar) systemic risk measures. Namely the first aggregate or axiomatic approach and the first inject capital approach. For this purpose we establish a general framework, which is rich…
One can find lists of whole numbers having equal sum and product. We call such a creature a bioperational multiset. No one seems to have seriously studied them in areas outside whole numbers such as the rationals, Gaussian integers, or…
We consider dynamical systems arising from substitutions over a finite alphabet. We prove that such a system is linearly repetitive if and only if it is minimal. Based on this characterization we extend various results from primitive…
New theoretical approaches about forecasting stock markets are proposed. A mathematization of the stock market in terms of arithmetical relations is given, where some simple (non-differential, non-fractal) expressions are also suggested as…
The set of subsystems of a finite quantum system (with variables in Z(n)) together with logical connectives, is a distributive lattice. With regard to this lattice, the (where P(m) is the projector to) obeys a supermodularity inequality,…
We consider the set of ($n\times n\times n$) cubic stochastic matrices of type (1,2) together with different multiplication rules that not only retain their stochastic properties but also endow this set with an associative semigroup…
We prove some properties of analytic multiplicative and sub-multiplicative cocycles. The results allow to construct natural invariant analytic sets associated to complex dynamical systems.
In the paper it is proven that the two-players turn-based stochastic game "Risk or Safety" has a unique solution. Both players need to play the same strategy if they want to maximize their winning chances. An analytical method based on the…
We introduce a new probabilistic public-key cryptosystem which combines the main ingredients of the well-known RSA and Rabin cryptosystems. We investigate the security and performance of our new scheme in comparison to the other two.
We discuss counterintuitive aspects of probabilities for systems of identical particles obeying quantum statistics. Quantum coins and children (two level systems) and quantum dice (many level systems) are used as examples. It is emphasized…
Orbits in different dispersive billiard systems, e.g. the 3 disk system, are mapped into a topological well ordered symbol plane and it is showed that forbidden and allowed orbits are separated by a monotone pruning front. The pruning front…
We define strict and lax orthogonal factorization systems on double categories. These consist of an orthogonal factorization system on arrows and one on double cells that are compatible with each other. Our definitions are motivated by…
Systemic risk refers to the risk that the financial system is susceptible to failures due to the characteristics of the system itself. The tremendous cost of systemic risk requires the design and implementation of tools for the efficient…
We introduce index systems, a tool for studying isolated invariant sets of dynamical systems that are not necessarily hyperbolic. The mapping of the index systems mimics the expansion and contraction of hyperbolic maps on the tangent space,…
We consider the martingale optimal transport duality for c\`adl\`ag processes with given initial and terminal laws. Strong duality and existence of dual optimizers (robust semi-static superhedging strategies) are proved for a class of…
This study provides a practical introduction to high-frequency trading in blockchain-based currency markets. These types of markets have some specific characteristics that differentiate them from the stock markets, such as a large number of…