相关论文: A new financial metric for the art market

In this paper, we examine the price dynamics of on-line art auctions of modern Indian art using functional data analysis. The purpose here is not just to understand what determines the final prices of art objects, but also the price…

A new method of metric space investigation, based on classification of its finite subspaces, is suggested. It admits to derive information on metric space properties which is encoded in metric. The method describes geometry in terms of only…

In the literature, several studies have shown that state-of-the-art image similarity metrics are not perceptual metrics; moreover, they have difficulty evaluating images, especially when texture distortion is also present. In this work, we…

First-price auctions have many desirable properties, including uniquely possessing some, like credibility. However, first-price auctions are also inherently non-truthful, and non-truthfulness may result in instability and inefficiencies.…

Triangle fees are a novel fee structure for AMMs, in which marginal fees are decreasing in a trade's size. That decline is proportional to the movement in the AMM's implied price, i.e. for every basis point the trade moves the ratio of…

We introduce a new intrinsic metric in subdomains of a metric space and give upper and lower bounds for it in terms of well-known metrics. We also prove distortion results for this metric under quasiregular maps.

In this article a new upper bounds for the multiple trigonometrical integrals are found. The method of the work based on a new method of estimation for the areas of algebraic surfaces.

Finite metric spaces arise in many different contexts. Enormous bodies of data, scientific, commercial and others can often be viewed as large metric spaces. It turns out that the metric of graphs reveals a lot of interesting information.…

Asset liquidity in modern financial markets is a key but elusive concept. A market is often said to be liquid when the prevailing structure of transactions provides a prompt and secure link between the demand and supply of assets, thus…

In this paper, we propose a metric on the space of finite sets of trajectories for assessing multi-target tracking algorithms in a mathematically sound way. The main use of the metric is to compare estimates of trajectories from different…

Classical asset pricing relies on the risk-neutral measure $Q$ for valuation, yet its economic interpretation is typically anchored in a physical measure $P$. This creates an inherent asymmetry: pricing is governed by $Q$, while meaning…

The proposed framework introduces a novel multidimensional representation of money using tensor analysis, enabling a more granular examination of economic interactions and capital flow. By treating money as a multidimensional entity, this…

We consider the consumption-based asset pricing model, derive a new modified basic pricing equation, and present its successive approximations using the Taylor series expansions of the investor's utility during the averaging time interval.…

We study the emergence of instabilities in a stylized model of a financial market, when different market actors calculate prices according to different (local) market measures. We derive typical properties for ensembles of large random…

Based on geometrical considerations, we propose a new oscillator for technical market analysis, the tube oscillator. This oscillator measures the trending behavior of a fixed market instrument based on its past history. It is shown in an…

In this article, we introduce a new type of mapping contracting perimeters of triangles in a complete metric space and present related fixed point theorem. We study the metric completeness property of the underlying space in terms of fixed…

This study first defines a new metric with normal structure on C(H,K) and then a new technique to prove fixed point theorems for families of non-expansive maps on this metric space. Indeed, it shows that the presence of a bounded orbit…

Collateralization with daily margining has become a new standard in the post-crisis market. Although there appeared vast literature on a so-called multi-curve framework, a complete picture of a multi-currency setup with cross-currency basis…

We propose a new indicator for technical analysis. The indicator emphasizes maximums and minimums in price series with inherent smoothing and has a potential to be useful in both mechanical trading rules and chart pattern analysis.

This paper is the first attempt to formalize a new field of economics; studding the Intangibles Goods available on the Internet. We are taking advantage of the digital world's specific rules, in particular the zero marginal cost, to propose…