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We examine the allocation of a limited pool of matching funds to public good projects using Quadratic Funding. In particular, we consider a variation of the Capital Constrained Quadratic Funding (CQF) mechanism proposed by Buterin, Hitzig…

综合经济学 · 经济学 2022-08-25 Ricardo A. Pasquini

We discuss an algorithmic intervention aimed at increasing equity and economic efficiency at a crowdfunding platform that gives cash subsidies to grantees. Through a blend of technical and qualitative methods, we show that the previous…

计算机科学与博弈论 · 计算机科学 2025-09-24 Joel Miller , E. Glen Weyl , Chris Kanich

In this paper we examine the mechanism proposed by Buterin, Hitzig, and Weyl (2019) for public goods financing, particularly regarding its matching funds requirements, related efficiency implications, and incentives for strategic behavior.…

综合经济学 · 经济学 2022-08-01 Ricardo A. Pasquini

The Group Quantization formalism is a scheme for constructing a functional space that is an irreducible infinite dimensional representation of the Lie algebra belonging to a dynamical symmetry group. We apply this formalism to the…

数理金融 · 定量金融 2021-02-18 Santiago Garcia

Let $f$ be an entire function and $L(f)$ a linear differential polynomial in $f$ with constant coefficients. Suppose that $f$, $f'$, and $L(f)$ share a meromorphic function $\alpha(z)$ that is a small function with respect to $f$. A…

复变函数 · 数学 2024-01-26 Aimo Hinkkanen , Ilpo Laine

In finance, predictive models must balance accuracy and interpretability, particularly in credit risk assessment, where model decisions carry material consequences. We present a quantum neural network (QNN) based on a single qudit, in which…

In this paper, we present an overview of the recent developments of functional quantization of stochastic processes, with an emphasis on the quadratic case. Functional quantization is a way to approximate a process, viewed as a…

概率论 · 数学 2013-04-03 Gilles Pagès

The financial sector is anticipated to be one of the first industries to benefit from the increased computational power of quantum computers, in areas such as portfolio optimisation and risk management to financial derivative pricing.…

量子物理 · 物理学 2023-11-10 Nicholas Bornman

Quadratic Voting (QV) is a social choice mechanism that addresses the "tyranny of the majority" of one-person-one-vote mechanisms. Agents express not only their preference ordering but also their preference intensity by purchasing $x$ votes…

计算机科学与博弈论 · 计算机科学 2024-09-11 Laura Georgescu , James Fox , Anna Gautier , Michael Wooldridge

Optimization models generally aim for efficiency by maximizing total benefit or minimizing cost. Yet a trade-off between fairness and efficiency is an important element of many practical decisions. We propose a principled and practical…

最优化与控制 · 数学 2020-06-11 Violet Xinying Chen , J. N. Hooker

We introduce weighted finite finance automata (WFFA), a formal framework for modeling and analyzing quantitative properties of financial systems driven by uncertain economic variables such as stock prices, interest rates, and exchange…

形式语言与自动机理论 · 计算机科学 2026-04-21 Manfred Droste , Vitaly Nürnberg

A linear quadratic (LQ) stochastic optimization system involving large population, which is driven by forward-backward stochastic differential equation (FBSDE), is investigated in this paper. Agents cooperate with each other to minimize the…

最优化与控制 · 数学 2024-04-30 Guangchen Wang , Shujun Wang , Jie Xiong

The Quantize & Forward (QF) scheme for two-way relaying is studied with a focus on its rate-distortion properties. A sum rate maximization problem is formulated and the associated quantizer optimization problem is investigated. An algorithm…

信息论 · 计算机科学 2014-02-04 Michael Heindlmaier , Onurcan Iscan

This note shows that the cosine expansion based on the Vieta formula is equivalent to a discretization of the Parseval identity. We then evaluate the use of simple direct algorithms to compute the Shannon coefficients for the payoff.…

计算金融 · 定量金融 2020-05-28 Fabien Le Floc'h

This is an anthology of series involving rational, factorial, and power functions expressed in terms of special functions. New finite expansions involving quotient functions expressed in terms of the Hurwitz-Lerch zeta function are given.…

综合数学 · 数学 2024-05-10 Robert Reynolds

We define an enrichment of the logarithmic derivative of the zeta function of a variety over a finite field to a power series with coefficients in the Grothendieck--Witt group. We show that this enrichment is related to the topology of the…

代数几何 · 数学 2024-07-02 Margaret Bilu , Wei Ho , Padmavathi Srinivasan , Isabel Vogt , Kirsten Wickelgren

Quantum Finance represents the synthesis of the techniques of quantum theory (quantum mechanics and quantum field theory) to theoretical and applied finance. After a brief overview of the connection between these fields, we illustrate some…

软凝聚态物质 · 物理学 2017-08-23 Belal E. Baaquie , Claudio Coriano , Marakani Srikant

Consider the following collective choice problem: a group of budget constrained agents must choose one of several alternatives. Is there a budget balanced mechanism that: i) does not depend on the specific characteristics of the group, ii)…

理论经济学 · 经济学 2023-01-18 Jon X. Eguia , Nicole Immorlica , Steven P. Lalley , Katrina Ligett , Glen Weyl , Dimitrios Xefteris

Quantile Factor Models (QFM) represent a new class of factor models for high-dimensional panel data. Unlike Approximate Factor Models (AFM), where only location-shifting factors can be extracted, QFM also allow to recover unobserved factors…

计量经济学 · 经济学 2020-09-24 Liang Chen , Juan Jose Dolado , Jesus Gonzalo

In many real-world settings, a centralized decision-maker must repeatedly allocate finite resources to a population over multiple time steps. Individuals who receive a resource derive some stochastic utility; to characterize the…

机器学习 · 统计学 2026-02-03 Kanad Pardeshi , Samsara Foubert , Aarti Singh
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