相关论文: Means in money exchange operations
In this short note, we study the properties of the weighted Frechet mean as a convex combination operator on an arbitrary metric space, (Y,d). We show that this binary operator is commutative, non-associative, idempotent, invariant to…
In this paper, some inequalities of bounds for the Neuman-S\'{a}ndor mean in terms of weighted arithmetic means of two bivariate means are established. Bounds involving weighted arithmetic means are sharp.
The paper contains the inversion formula for the weighted spherical mean. The interest to reconstruction a function by its integral by sphere grews tremendously in the last six decades, stimulated by the spectrum of new problems and methods…
The purpose of this paper is to extend the definition of quasiarithmetic means by taking a strictly monotone generating function instead of a strictly monotone and continuous one. We establish the properties of such means and compare them…
We study the mean values sets of the second order divergence form elliptic operator with principal coefficients defined as $$a^{ij}_k(x):= \begin{cases} \alpha_k \delta^{ij}(x) &x_n>0 \beta_k \delta^{ij}(x) &x_n<0. \end{cases}$$ In…
We study how trading costs are reflected in equilibrium returns. To this end, we develop a tractable continuous-time risk-sharing model, where heterogeneous mean-variance investors trade subject to a quadratic transaction cost. The…
The arithmetic mean is the mean for addition and the geometric mean is that for multiplication. Then what kind of binary operation is associated with the arithmetic-geometric mean (AGM) due to C. F. Gauss? If it is possible to construct an…
We revisit the classical topic of quadratic and linear mean-variance equilibria with both financial and real assets. The novelty of our results is that they are the first allowing for equilibrium prices driven by general semimartingales and…
We consider the mean-variance hedging problem under partial Information. The underlying asset price process follows a continuous semimartingale and strategies have to be constructed when only part of the information in the market is…
In this paper we characterize generalized quasi-arithmetic means, that is means of the form $M(x_1,...,x_n):=(f_1+...+f_n)^{-1}(f_1(x_1)+...+f_n(x_n))$, where $f_1,...,f_n:I\to\mathbb{R}$ are strictly increasing and continuous functions.…
Let $c, k_1,..., k_N $ be non-negative numbers, and define a measure $\mu $ in the wedge $W:= \{x\in \mathbb{R} ^N :\, x_i >0, i=1,...,N\} $ by $d\mu = e^{c|x|^2} x_1 ^{k_1}...x_N ^{k_N} \, dx $. It is shown that among all measurable…
The mean shift algorithm is a non-parametric and iterative technique that has been used for finding modes of an estimated probability density function. It has been successfully employed in many applications in specific areas of machine…
In a money exchange process involving a seller and a buyer, we develop a straightforward model encompassing conservative, non-conservative, and systems with or without debt. Our model integrates the Fermi function to capture the behavior of…
Recently, the so-called Hermite-Hadamard inequality for (operator) convex functions with one variable has known extensive several developments by virtue of its nice properties and various applications. The fundamental target of this paper…
We demonstrate the existence of general constraints on distributed quantum correlations, which impose a trade-off on bipartite and multipartite entanglement at once. For all N-mode Gaussian states under permutation invariance, we establish…
Valuation and parity formulas for both European-style and American-style exchange options are presented in a general financial model allowing for jumps, possibility of default and "bubbles" in asset prices. The formulas are given via…
As the widely applied method for measuring matching assortativeness in a transferable utility matching game, a matching maximum score estimation is proposed by \cite{fox2010qe}. This article reveals that combining unmatched agents,…
This paper shows that a well designed transport system has an embedded exchange value by serving as a market for potential exchange between consumers. Under suitable conditions, one can improve the welfare of consumers in the system simply…
We evaluate the character sum sigma_m sigma_n (m/n) where the two sums are of approximately the same length. The answer is surprising.
Approximating a manifold-valued function from samples of input-output pairs consists of modeling the relationship between an input from a vector space and an output on a Riemannian manifold. We propose a function approximation method that…