Results 101 to 110 of about 87,152,843 (234)

New Method for Constructing Exact Solutions to Nonlinear PDEs

, 2009
We propose in this paper a new approach to construct exact solutions of nonlinear PDEs. The method used is called ”the travelling profiles method”. The travelling profiles method enables us to obtain many exact solutions to large classes of nonlinear ...
Arioua, Yacine, Benhamidouche, Nouredine
core  

Reinforcement Learning for Jump‐Diffusions, With Financial Applications

Mathematical Finance, EarlyView.
ABSTRACT We study continuous‐time reinforcement learning (RL) for stochastic control in which system dynamics are governed by jump‐diffusion processes. We formulate an entropy‐regularized exploratory control problem with stochastic policies to capture the exploration–exploitation balance essential for RL.
Xuefeng Gao, Lingfei Li, Xun Yu Zhou
wiley   +1 more source

Campaign to Defend Local Solutions

, 2018
This infographic details how previously passed, and recently proposed preemption laws negatively impact workers, families, and communities in Florida.
Defend Local Solutions
core  

Equilibrium Reward for Liquidity Providers in Automated Market Makers

Mathematical Finance, EarlyView.
ABSTRACT We find the equilibrium contract that an automated market maker (AMM) offers to their strategic liquidity providers (LPs) in order to maximize the order flow that gets processed by the venue. Our model is formulated as a leader–follower stochastic game, where the venue is the leader and a representative LP is the follower.
Alif Aqsha, Philippe Bergault, Leandro Sánchez‐Betancourt   +2 more
wiley   +1 more source

Relative Arbitrage Opportunities With Interactions Among N Investors

Mathematical Finance, EarlyView.
ABSTRACT The relative arbitrage portfolio outperforms a benchmark portfolio over a given time‐horizon with probability one. With market price of risk processes depending on the market portfolio and investors, this paper analyzes the multi‐agent optimization of relative arbitrage opportunities in the coupled system of market and wealth dynamics.
Tomoyuki Ichiba, Nicole Tianjiao Yang
wiley   +1 more source

Lie Symmetry Methods for Multidimensional Linear, Parabolic PDES and Diffusions [PDF]

In this paper we introduce methods based upon Lie symmetry analysis for the construction of explicit fundamental solutions of multidimensional parabolic PDEs.
Mark Craddock, Kelly A. Lennox
core  

Market Making With Fads, Informed, and Uninformed Traders

Mathematical Finance, EarlyView.
ABSTRACT We characterize the solution to a continuous‐time optimal liquidity provision problem in a market populated by informed and uninformed traders. In our model, the asset price exhibits fads —these are short‐term deviations from the fundamental value of the asset.
Emilio Barucci, Adrien Mathieu, Leandro Sánchez‐Betancourt   +2 more
wiley   +1 more source

Existence of quasi-periodic solutions for nonlinear evolution equations via the theorem of Nash-Moser

, 2012
We survey new existence and stability results of quasi-periodic solutions for ...
BERTI, MASSIMILIANO
core  

Information‐Theoretic Approach to Financial Market Modeling

Mathematical Finance, EarlyView.
ABSTRACT The paper treats the financial market as a communication system, using four information‐theoretic assumptions to derive an idealized model with only one parameter. State variables are scalar stationary diffusions. The model maximizes the surprisal of the market and minimizes the Kullback–Leibler divergence between the benchmark‐neutral pricing
Eckhard Platen
wiley   +1 more source

Pattern Formation in a Spatial Public Goods Dilemma due to Diffusive or Directed Motion. [PDF]

Bull Math Biol
Zhao Y, Zhu K, Zhang Y, Cooney DB.
europepmc   +1 more source