Related papers: Is Kyle's equilibrium model stable?
The purpose of this article is to introduce the original results which devoted with the nonlinear control system problems involves of nonlinear differential equations of fractional orders. Thus, this system is described with a mixed of…
Gale and Shapley introduced a matching problem between two sets of agents where each agent on one side has an exogenous preference ordering over the agents on the other side. They defined a matching as stable if no unmatched pair can both…
It has recently been shown that small quantum subsystems generically equilibrate, in the sense that they spend most of the time close to a fixed equilibrium state. This relies on just two assumptions: that the state is spread over many…
Animal behavior and evolution can often be described by game-theoretic models. Although in many situations, the number of players is very large, their strategic interactions are usually decomposed into a sum of two-player games. Only…
Previous experiments [M. J. Coleman and A. Ruina, Phys. Rev. Lett. 80, 3658 (1998)] showed that a gravity-powered toy with no control and which has no statically stable near-standing configurations can walk stably. We show here that a…
Given an infinitesimal perturbation of a discrete-time finite Markov chain, we seek the states that are stable despite the perturbation, \textit{i.e.} the states whose weights in the stationary distributions can be bounded away from $0$ as…
We study population dynamics under which each revising agent tests each strategy k times, with each trial being against a newly drawn opponent, and chooses the strategy whose mean payoff was highest. When k = 1, defection is globally stable…
This work deals with a scalar nonlinear neutral delay differential equation issued from the study of wave propagation. A critical value of the coefficients is considered, where only few results are known. The difficulty follows from the…
For a three-state Markov system in a stationary state, we discuss whether, on the basis of data obtained from effective two-state (or on-off) trajectories, it is possible to discriminate between an equilibrium state and a non-equilibrium…
We consider a model of matching in trading networks in which firms can enter into bilateral contracts. In trading networks, stable outcomes, which are immune to deviations of arbitrary sets of firms, may not exist. We define a new solution…
There is a renewed interest in the derivation of statistical mechanics from the dynamics of closed quantum systems. A central part of this program is to understand how far-from-equilibrium closed quantum system can behave as if relaxing to…
Equilibrium statistical mechanics provides powerful tools to understand physics at the macroscale. Yet, the question remains how this can be justified based on a microscopic quantum description. Here, we extend the ideas of pure state…
In this paper, we study the asymptotic behavior of solutions to a scalar fractional delay differential equations around the equilibrium points. More precise, we provide conditions on the coefficients under which a linear fractional delay…
It is shown that the R\'enyi and Tsallis entropies and the q-expectation values, are continuous and stable if $q>1$ and are not continuous and instable for uniform finite distributions if $q<1$.
This paper concerns a question that frequently occurs in various applications: Is any diffusive coupling of stable linear systems, also stable? Although it has been known for a long time that this is not the case, we shall identify a…
We establish the stability of higher-order linear non-homogeneous Cauchy-Euler dynamic equations on time scales in the sense of Hyers and Ulam. That is, if an approximate solution of a higher-order Cauchy-Euler equation exists, then there…
We present a mathematical model of a market with $m$ shares traded across $n$ investor groups, each one with similar motivations and trading strategies. The market of each asset consists of a fixed amount of cash and shares (no additions…
We present a generalized Keller-Segel model where an arbitrary number of chemical compounds react, some of which are produced by a species, and one of which is a chemoattractant for the species. To investigate the stability of homogeneous…
Let (X,T) be a topologically transitive dynamical system. We show that if there is a subsystem (Y,T) of (X,T) such that (X\times Y, T\times T) is transitive, then (X,T) is strongly chaotic in the sense of Li and Yorke. We then show that…
We reconsider the multivariate Kyle model in a risk-neutral setting with a single, perfectly informed rational insider and a rational competitive market maker, setting the price of n correlated securities. We prove the unicity of a…