2 papers
cs.GT2025
Conditional Recall
Christoph Schlegel, Xinyuan Sun
In the neon-lit nights of 2026, Johnson \& Johnson unveiled X. A pill, not larger than a snowflake, that promised a tempest of change. This miraculous drug didn't just allow people…
q-fin.MF2025
Arbitrage with bounded Liquidity
Christoph Schlegel, Quintus Kilbourn
We derive the arbitrage gains or, equivalently, Loss Versus Rebalancing (LVR) for arbitrage between \textit{two imperfectly liquid} markets, extending prior work that assumes the e…