250 citations · 425 across the 14 of their papers we have counts for
4 papers · 1 filter
Provable Fictitious Play for General Mean-Field Games
Qiaomin Xie, Zhuoran Yang, Zhaoran Wang +1
We propose a reinforcement learning algorithm for stationary mean-field games, where the goal is to learn a pair of mean-field state and stationary policy that constitutes the Nash…
Epidemic Spreading and Equilibrium Social Distancing in Heterogeneous Networks
Hamed Amini, Andreea Minca
We study a multi-type SIR epidemic process among a heterogeneous population that interacts through a network. When we base social contact on a random graph with given vertex degree…
Stablecoins 2.0: Economic Foundations and Risk-based Models
Ariah Klages-Mundt, Dominik Harz, Lewis Gudgeon +2
Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their risks vary significantly according to their design and are often poorly understood. We see…
While Stability Lasts: A Stochastic Model of Non-Custodial Stablecoins
Ariah Klages-Mundt, Andreea Minca
The `Black Thursday' crisis in cryptocurrency markets demonstrated deleveraging risks in over-collateralized non-custodial stablecoins. We develop a stochastic model that helps exp…