Dynamics of Fiscal Habits and Soft Budgets in Federations
ABSTRACT In this paper, we are motivated by empirical evidence of persistent, implicit or explicit, bailouts in federations from high‐tier (e.g., center) governments to low‐tier (e.g., state) governments. We build a novel dynamic model for a federation containing N ≥ 2 $N\ge 2$ identical regional governments and a central government.
João Ricardo Faria, Emilson C. D. Silva
wiley +1 more source
Research on infrastructure network protection strategy based on bayesian stackelberg game under asymmetric conditions. [PDF]
Zhang J, Gao Y, Kang W, Tian W, Li Y.
europepmc +1 more source
Macroscopic Market Making Games
ABSTRACT Building on the macroscopic market making framework as a control problem, this paper investigates its extension to stochastic games. In the context of price competition, each agent is benchmarked against the best quote offered by the others. We begin with the linear case.
Ivan Guo, Shijia Jin
wiley +1 more source
Decentralized Reinforcement Learning for Asymmetric Gene Network Interventions. [PDF]
Hosseini SH, Imani M.
europepmc +1 more source
Order Routing and Market Quality: Who Benefits From Internalization?
ABSTRACT Does retail order internalization benefit (via price improvement) or harm (via reduced liquidity) retail traders? To answer this question, we compare two market designs that differ in their mode of liquidity provision: In the setting capturing retail order internalization, liquidity is provided by market makers (wholesalers) competing for the ...
Umut Çeti̇n, Albina Danilova
wiley +1 more source
Endogenous green technology innovation and diffusion with strategic international spillovers. [PDF]
Feng Z.
europepmc +1 more source
Export of miRNAs from activated macrophages is cooperative and HuR‐dependent
This study uncovers a new mechanism for miRNA export regulation in mammalian cells, driven by the RNA‐binding protein HuR. In macrophages, HuR cooperatively binds with miRNAs to export both low‐ and high‐affinity substrates, thereby influencing macrophage activation.
Syamantak Ghosh +2 more
wiley +1 more source
A Molecular Dynamics Study on the Interfacial Properties Between Polymer Fibers and Geopolymer Resins. [PDF]
Wei Y +6 more
europepmc +1 more source
Schematic illustration demonstrating that hepatic Mettl3 depletion significantly elevates the secretion of Mif and Csf1. This elevation facilitates Trem2+ macrophage infiltration and triggers cholangiocyte remodeling through the Spp1‐Cd44 interaction, resulting in spontaneous PSC development in vivo.
Wenting Pan +19 more
wiley +1 more source
Multi-agent reinforcement learning driven resource game optimization for network slicing in MEC-enabled HetNets. [PDF]
Mao K.
europepmc +1 more source

