Related papers: A Simple Characterization of Supply Correspondence…
This paper characterizes equilibrium properties of a broad class of economic models that allow multiple heterogeneous agents to interact in heterogeneous manners across several markets. Our key contribution is a new theorem providing…
It is known that few characterization results of the logistic distribution were available before, although it is similar in shape to the normal one whose characteristic properties have been well investigated. Fortunately, in the last…
Quantum coherence, incompatibility, and quantum correlations are fundamental features of quantum physics. A unified view of those features is crucial for revealing quantitatively their intrinsic connections. We define the relative quantum…
We consider existence and uniqueness properties of a solution to homogeneous cone complementarity problem (HCCP). Employing the $T$-algebraic characterization of homogeneous cones, we generalize the $P, P_0, R_0$ properties for a nonlinear…
We revisit the classic Cournot model and extend it to a two-echelon supply chain with an upstream supplier who operates under demand uncertainty and multiple downstream retailers who compete over quantity. The supplier's belief about retail…
Typically, models with a heterogeneous property are considerably harder to analyze than the corresponding homogeneous models, in which the heterogeneous property is replaced with its average value. In this study we show that any outcome of…
We interpret homogenousness as a second order property and base it on the same principle as nonmonotonic logic: there might be a small set of exceptions. We use this idea to analyse fundamental questions about defeasible inheritance…
Deficit of information zero-way was proposed in HorodeckiHHOSSS2005 as one of possible measures of quantumness of correlations. Numerical calculations suggested that there exist such states for which this quantity is almost equal to mutual…
Necessary and sufficient conditions are derived for a social choice correspondence to be the one that selects the Pareto optimal alternatives.
We describe all binary simple homogeneous structures M in terms of 0-definable equivalence relations on M, which "coordinatize" M and control dividing, and extension properties that respect these equivalence relations.
This paper gives a concise but rigorous mathematical description of a material control volume that is separated into two parts by a singular surface at which physical states are discontinuous. The geometrical background material is…
Consistency properties of concurrent computations, e.g., sequential consistency, linearizability, or eventual consistency, are essential for devising correct concurrent algorithms. In this paper, we present a logical formalization of such…
Order flow in equity markets is remarkably persistent in the sense that order signs (to buy or sell) are positively autocorrelated out to time lags of tens of thousands of orders, corresponding to many days. Two possible explanations are…
Metric currents are, in a certain sense, a metric analogous of flat currents, therefore are related to the geometry of the space and of their support. In this short note, we try to give some evidence for the previous statement, by showing…
What is a question? According to Cox a question can be identified with the set of assertions that constitute possible answers. In this paper we propose a different approach that combines the notion that questions are requests for…
We introduce a notion of substitutability for correspondences and establish a monotone comparative static result, unifying results such as the inverse isotonicity of M-matrices, Berry, Gandhi and Haile's identification of demand systems,…
A matching queue is described via a graph $G$ together with a matching policy. Specifically, to each node in the graph there is a corresponding arrival process of items which can either be queued, or matched with queued items in neighboring…
We study the algebraic dynamics of self-correspondences on a curve. A self-correspondence on a (proper and smooth) curve $C$ over an algebraically closed field is the data of another curve $D$ and two non-constant separable morphisms…
We consider a network of sellers, each selling a single product, where the graph structure represents pair-wise complementarities between products. We study how the network structure affects revenue and social welfare of equilibria of the…
The flow of contracting systems contracts 1-dimensional parallelotopes, i.e., line segments, at an exponential rate. One reason for the usefulness of contracting systems is that many interconnections of contracting sub-systems yield an…