Related papers: Statehood Without Capacity
In this article, we explore properties of pseudo entropy [1] in quantum field theories and spin systems from several approaches. Pseudo entropy is a generalization of entanglement entropy such that it depends on both an initial and final…
Maximizing robustness and minimizing cost are common objectives in the design of infrastructure networks. However, most infrastructure networks evolve and operate in a highly decentralized fashion, which may significantly impact the…
The First Fundamental Theorem of Welfare Economics assumes that welfare-bearing agents are autonomous and implicitly relies on a binary distinction between autonomy and instrumentality. Welfare subjects are those who have autonomy and…
In this paper, we study multi-agent systems with decentralized resource allocations. Agents have local demand and resource supply, and are interconnected through a network designed to support sharing of the local resource; and the network…
We study a dynamic model of the relationship between two people where the states depend on the "power" in the relationship. We perform a comprehensive analysis of stability of the system, and determine a set of conditions under which stable…
The formation and stability of social hierarchies is a question of general relevance. Here, we propose a simple generalized theoretical model for establishing social hierarchy via pair-wise interactions between individuals and investigate…
In a dynamic economy, we characterize the fiscal policy of the government when it levies distortionary taxes and issues defaultable bonds to finance its stochastic expenditure. Default may occur in equilibrium as it prevents the government…
A growing body of empirical evidence indicates that social and cooperative behavior can be affected by cognitive and neurological factors, suggesting the existence of state-based decision-making mechanisms that may have emerged by…
In this paper, we examine in an abstract framework, how a tradeoff between efficiency and robustness arises in different dynamic oligopolistic market architectures. We consider a market in which there is a monopolistic resource provider and…
We generalize the recently proposed resource theory of coherence (or superposition) [Baumgratz, Cramer & Plenio, Phys. Rev. Lett. 113:140401; Winter & Yang, Phys. Rev. Lett. 116:120404] to the setting where not only the free ("incoherent")…
We axiomatically define a cardinal social inefficiency function, which, given a set of alternatives and individuals' vNM preferences over the alternatives, assigns a unique number -- the social inefficiency -- to each alternative. These…
This paper develops a theory of competitive equilibrium with indivisible goods based entirely on economic conditions on demand. The key idea is to analyze complementarity and substitutability between bundles of goods, rather than merely…
We formalize a macro-financial stress test for rapid AI adoption. Rather than a productivity bust or existential risk, we identify a distribution-and-contract mismatch: AI-generated abundance coexists with demand deficiency because economic…
We expand on previous work involving "vacuum-bounded" states, i.e., states such that every measurement performed outside a specified interior region gives the same result as in the vacuum. We improve our previous techniques by removing the…
The stability analysis of socioeconomic systems has been centered on answering whether small perturbations when a system is in a given quantitative state will push the system permanently to a different quantitative state. However, typically…
It has been extensively shown in past literature that Bayesian Game Theory and Quantum Non-locality have strong ties between them. Pure Entangled States have been used, in both common and conflict interest games, to gain advantageous…
We investigate the entanglement properties of pure quantum states describing $n$ qubits. We characterize all multipartite states which can be maximally entangled to local auxiliary systems using controlled operations. A state has this…
A key problem in quantum information science is to determine optimal protocols for the interconversion of entangled states shared between remote parties. While for two parties a large number of results in this direction is available, the…
I consider deterministic distinguishability of a set of orthogonal, bipartite states when only a single copy is available and the parties are restricted to local operations and classical communication, but with the additional requirement…
We propose a continuous-time nonlinear model of opinion dynamics with utility-maximizing agents connected via a social influence network. A distinguishing feature of the proposed model is the inclusion of an opinion-dependent…