3 papers
cs.GT2014
Secondary Spectrum Auctions for Markets with Communication Constraints
Deepan Palguna, David J. Love, Ilya Pollak
Auctions have been proposed as a way to provide economic incentives for primary users to dynamically allocate unused spectrum to other users in need of it. Previously proposed sche…
q-fin.RM2014
Optimal Monitoring and Mitigation of Systemic Risk in Financial Networks
Zhang Li, Xiaojun Lin, Borja Peleato-Inarrea +1
This paper studies the problem of optimally allocating a cash injection into a financial system in distress. Given a one-period borrower-lender network in which all debts are due a…
q-fin.CP2012
Sparsifying Defaults: Optimal Bailout Policies for Financial Networks in Distress
Zhang Li, Ilya Pollak
The events of the last few years revealed an acute need for tools to systematically model and analyze large financial networks. Many applications of such tools include the forecast…