2 papers
q-fin.MF2025
Asset price bubbles under model uncertainty and short-sale constraints: A discrete-time analysis
Wenqing Zhang, Lin Zhang
In this study, we investigate asset price bubbles in a discrete-time, discrete-state market under model uncertainty and short-sale constraints. Using a super-hedging valuation benc…
cs.CE2024
Private Order Flows and Builder Bidding Dynamics: The Road to Monopoly in Ethereum's Block Building Market
Shuzheng Wang, Yue Huang, Wenqin Zhang +3
Ethereum, as a representative of Web3, adopts a novel framework called Proposer Builder Separation (PBS) to prevent the centralization of block profits in the hands of institutiona…