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math.PR2020
On Martingale Transformations of Multidimensional Brownian Motion
Michael Mania, Revaz Tevzadze
We describe the class of functions which transform a vector Brownian Motion into a martingale and use this description to give martingale characterization of the ge…
econ.TH2020
Bilateral Tariffs Under International Competition
Tsotne Kutalia, Revaz Tevzadze
This paper explores the gain maximization problem of two nations engaging in non-cooperative bilateral trade. Probabilistic model of an exchange of commodities under different pric…