2 papers
cs.GT2023
Concave Pro-rata Games
Nicholas A. G Johnson, Theo Diamandis, Alex Evans +2
In this paper, we introduce a family of games called concave pro-rata games. In such a game, players place their assets into a pool, and the pool pays out some concave function of…
q-fin.MF2022
A primer on perpetuals
Guillermo Angeris, Tarun Chitra, Alex Evans +1
We consider a continuous-time financial market with no arbitrage and no transactions costs. In this setting, we introduce two types of perpetual contracts, one in which the payoff…