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This paper is devoted to a study of robust fundamental theorems of asset pricing in discrete time and finite horizon settings. Uncertainty is modelled by a (possibly uncountable) family of price processes on the same probability space. Our…

Mathematical Finance · Quantitative Finance 2024-04-04 Huy N. Chau

We present novel techniques for neuro-symbolic concurrent stochastic games, a recently proposed modelling formalism to represent a set of probabilistic agents operating in a continuous-space environment using a combination of neural network…

Computer Science and Game Theory · Computer Science 2022-06-22 Rui Yan , Gabriel Santos , Xiaoming Duan , David Parker , Marta Kwiatkowska

We provide some examples showing how game-theoretic arguments can be used in computability theory and algorithmic information theory: unique numbering theorem (Friedberg), the gap between conditional complexity and total conditional…

Logic · Mathematics 2012-09-11 Andrej Muchnik , Alexander Shen , Mikhail Vyugin

In this paper, we investigate Nash equilibrium payoffs for nonzero-sum stochastic differential games with reflection. We obtain an existence theorem and a characterization theorem of Nash equilibrium payoffs for nonzero-sum stochastic…

Probability · Mathematics 2014-01-20 Qian Lin

In the ultimatum game, the challenge is to explain why responders reject non-zero offers thereby defying classical rationality. Fairness and related notions have been the main explanations so far. We explain this rejection behavior via the…

Theoretical Economics · Economics 2023-11-16 Lida H. Aleksanyan , Armen E. Allahverdyan , Vardan G. Bardakhchyan

After the social learning models were proposed, finding the solutions of the games becomes a well-defined mathematical question. However, almost all papers on the games and their applications are based on solutions built upon either an…

Physics and Society · Physics 2015-06-17 Wenjie Dai , Xin Wang , Zengru Di , Jinshan Wu

Fair termination is the property of programs that may diverge "in principle" but that terminate "in practice", i.e. under suitable fairness assumptions concerning the resolution of non-deterministic choices. We study a conservative…

Logic in Computer Science · Computer Science 2022-07-11 Luca Ciccone , Luca Padovani

A large body of research is currently investigating on the connection between machine learning and game theory. In this work, game theory notions are injected into a preference learning framework. Specifically, a preference learning problem…

Machine Learning · Computer Science 2018-12-20 Mirko Polato , Fabio Aiolli

We pose and study a fundamental algorithmic problem which we term mixture selection, arising as a building block in a number of game-theoretic applications: Given a function $g$ from the $n$-dimensional hypercube to the bounded interval…

Computer Science and Game Theory · Computer Science 2015-08-18 Yu Cheng , Ho Yee Cheung , Shaddin Dughmi , Ehsan Emamjomeh-Zadeh , Li Han , Shang-Hua Teng

We consider a multi-player stochastic differential game with linear McKean-Vlasov dynamics and quadratic cost functional depending on the variance and mean of the state and control actions of the players in open-loop form. Finite and…

Probability · Mathematics 2018-12-04 Enzo Miller , Huyen Pham

This paper deals with the Peskine version of Zariski Main Theorem published in 1965 and discusses some applications. It is written in the style of Bishop's constructive mathematics. Being constructive, each proof in this paper can be…

Commutative Algebra · Mathematics 2016-02-02 Alonso M. Emilia , Coquand Thierry , Lombardi Henri

We show that the value function of an optimal stopping game driven by a one-dimensional diffusion can be characterised using a modification of the Legendre transformation if and only if the optimal stopping game exhibits a Nash equilibrium…

Optimization and Control · Mathematics 2014-01-10 Jenny Sexton

The original motivation for this paper was to provide an efficient quantitative analysis of convex infinite (or semi-infinite) inequality systems whose decision variables run over general infinite-dimensional (resp. finite-dimensional)…

Optimization and Control · Mathematics 2011-02-11 M. J. Cánovas , M. A. LóPez , B. S. Mordukhovich , J. Parra

Fictitious play is a popular learning algorithm in which players that utilize the history of actions played by the players and the knowledge of their own payoff matrix can converge to the Nash equilibrium under certain conditions on the…

Computer Science and Game Theory · Computer Science 2021-10-13 Bhaskar Vundurthy , Aris Kanellopoulos , Vijay Gupta , Kyriakos Vamvoudakis

The paper is devoted to the first-order mean field game system in the case when the distribution of players can contain atoms. The proposed definition of a generalized solution is based on the minimax approach to the Hamilton-Jacobi…

Analysis of PDEs · Mathematics 2014-04-21 Yurii Averboukh

We provide a formal framework accounting for a widespread idea in the theory of economic design: analytically established incompatibilities between given axioms should be qualified by the likelihood of their violation. We define the degree…

Theoretical Economics · Economics 2025-02-20 Pierre Bardier

We show how solutions to many recursive arena equations can be computed in a natural way by allowing loops in arenas. We then equip arenas with winning functions and total winning strategies. We present two natural winning conditions…

Logic in Computer Science · Computer Science 2010-01-06 Pierre Clairambault

Linear complementarity programming is a generalization of linear programming which encompasses the computation of Nash equilibria for bimatrix games. While the latter problem is PPAD-complete, we show that the tropical analogue of the…

Optimization and Control · Mathematics 2022-11-07 Xavier Allamigeon , Stéphane Gaubert , Frédéric Meunier

We consider a game-theoretic setting to model the interplay between attacker and defender in the context of information flow, and to reason about their optimal strategies. In contrast with standard game theory, in our games the utility of a…

Cryptography and Security · Computer Science 2022-05-03 Mário S. Alvim , Konstantinos Chatzikokolakis , Yusuke Kawamoto , Catuscia Palamidessi

Recently, Horv\'ath, Song, and Terlaky [\emph{A novel unified approach to invariance condition of dynamical system, submitted to Applied Mathematics and Computation}] proposed a novel unified approach to study, i.e., invariance conditions,…

Dynamical Systems · Mathematics 2016-09-06 Zoltán Horváth , Yunfei Song , Tamás Terlaky