Search and Inventory in Over‐the‐Counter Markets
ABSTRACT We investigate the sources of the dealer centrality premium in the over‐the‐counter market for corporate bonds. We model dealer heterogeneity by allowing the dealer's status in the network to determine search effort and inventory costs when choosing to conduct riskless principal or principal trades.
Evan Dudley, Hongfei Sun, Chengjie Diao
wiley +1 more source
Privacy-Preserving Hierarchical Fog Federated Learning (PP-HFFL) for IoT Intrusion Detection. [PDF]
Islam MM, Abdullah WM, Saha BN.
europepmc +1 more source
Network Games With Triadic Interactions
ABSTRACT We propose a model for network‐mediated interactions incorporating higher‐order relationships such as triadic interactions. The marginal utility of an individual's action depends explicitly on endogenous actions of multiple units. Conditions ensuring a unique Nash equilibrium are derived using a variational inequality approach. We estimate the
Wei Shi, Chunchao Wang, Pei Yu
wiley +1 more source
A personalized communication efficient federated learning framework with low rank adaptation for intelligent leukemia diagnosis. [PDF]
Suresh P, Keerthika P, Kumar ARN.
europepmc +1 more source
Identification and Estimation of Large Network Games with Private Link Information
ABSTRACT We study the identification and estimation of large network games in which individuals choose continuous actions while holding private information about their links and payoffs. Extending the framework of Galeotti et al., we build a tractable empirical model of such network games and show that the parameters in individual payoffs are ...
Hülya Eraslan, Xun Tang
wiley +1 more source
FedEff: efficient federated learning with optimal local epochs for heterogeneous clients. [PDF]
Narmadha K, Varalakshmi P.
europepmc +1 more source
Pairwise Imitation and Tournament Graphs
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
Dynamic weight clustered federated learning for IoT DDoS attack detection. [PDF]
Beshah YK, Abebe SL, Melaku HM.
europepmc +1 more source
Alternative Approaches for Estimating Highest‐Density Regions
Summary Among the variety of statistical intervals, highest‐density regions (HDRs) stand out for their ability to effectively summarise a distribution or sample, unveiling its distinctive and salient features. An HDR represents the minimum size set that satisfies a certain probability coverage, and current methods for their computation require ...
Nina Deliu, Brunero Liseo
wiley +1 more source
Privacy-Preserving Collaborative Diabetes Prediction in Heterogeneous Health Care Systems: Algorithm Development and Validation of a Secure Federated Ensemble Framework. [PDF]
Hasan MR, Li J.
europepmc +1 more source

