Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...
Discover why the Fed’s actions aren’t a return to QE, how tax payments impact reserves, and what this means for markets.
Abstract: This article investigates the distributed Nash equilibrium seeking problem for the players with unknown nonlinearities and time-varying measurement delays, where the small delays and the ...
"Exogenous" and "endogenous" are two words that get thrown around a lot in higher-level economics courses. Since these are real words and not specifically "economics terms", classes seldom define them ...
1 Department of Mathematics, Computer Science, and Data Science, Augsburg University, Minneapolis, MN, USA. 2 Department of Mathematics, University of St. Thomas, St. Paul, MN, USA. A recent numerical ...
Boiling unclean water in many regions of the world results in air pollution from burning dirty fuels, but the benefits of doing so usually outweigh the risks, a new study has found. The boiling ...
Supply and demand curves express relationships between price and quantity. Equilibrium exists when supply equals demand. The shape of these curves and the equilibrium price affect small and large ...
“All in.” Your opponent slides a stack of chips across the high-stakes poker table. You glance back at your cards, a pair of sixes. The game is Texas Hold’em. Only two of you remain, and no community ...
Abstract: In this article, we consider dynamic multiagent systems (MAS) for decentralized resource allocation. The MAS operate at a competitive equilibrium to ensure a balanced supply and demand for ...
Structure prediction is a fundamental problem in molecular science because the structure of a molecule determines its properties and functions. In recent years, deep learning methods have made ...