46 citations · 100 across the 15 of their papers we have counts for
18 papers
Nonlinear Economic State Equilibria via van der Waals Modeling
Max-Olivier Hongler, Olivier Gallay, Fariba Hashemi
The renowned van der Waals (VDW) state equation quantifies the equilibrium relationship between pressure , volume and temperature of a real gas. We assign new varia…
An exact bandit model for the risk-volatility tradeoff
Max-Olivier Hongler, Renaud Rivier
We revisit the two-armed bandit (TAB) problem where both arms are driven by diffusive stochastic processes with a common instantaneous reward. We focus on situations where the Rado…
Stochastic Pairwise Preference Convergence in Bayesian Agents
Jordan T Kemp, Max-Olivier Hongler, Olivier Gallay
Beliefs inform the behavior of forward-thinking agents in complex environments. Recently, sequential Bayesian inference has emerged as a mechanism to study belief formation among a…
Can one hear the shape of a target zone?
Jean-Louis Arcand, Max-Olivier Hongler, Shekhar Hari Kumar +1
We develop an exchange rate target zone model with finite exit time and non-Gaussian tails. We show how the tails are a consequence of time-varying investor risk aversion, which ge…
Exactly solvable Gaussian and non-Gaussian mean-field games and collective swarms dynamics
Max-Olivier Hongler
The collective behaviour of stochastic multi-agents swarms driven by Gaussian and non-Gaussian environments is analytically discussed in a mean-field approach. We first exogenously…
Opinion formation dynamics -- Swift collective disillusionment triggered by unmet expectations
Fariba Hashemi, Olivier Gallay, Max-Olivier Hongler
We propose a microscopic model to describe how individual opinions shared between interacting agents initiate excessive collective expectations about a new idea or an innovation, f…