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Equilibrium Properties of HPlasma
, 2016
"... The equilibrium properties of the dense semiclassical hydrogen plasma are investigated by chain of Bogolyubov equations. The pseudopotential model, taking into account both shortrange quantummechanical effects and longrange manyparticle screening ones, is proposed. The equation of state of hydro ..."
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The equilibrium properties of the dense semiclassical hydrogen plasma are investigated by chain of Bogolyubov equations. The pseudopotential model, taking into account both shortrange quantummechanical effects and longrange manyparticle screening ones, is proposed. The equation of state
An equilibrium characterization of the term structure.
 J. Financial Econometrics
, 1977
"... The paper derives a general form of the term structure of interest rates. The following assumptions are made: (A.l) The instantaneous (spot) interest rate follows a diffusion process; (A.2) the price of a discount bond depends only on the spot rate over its term; and (A.3) the market is efficient. ..."
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Cited by 1041 (0 self)
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. Under these assumptions, it is shown by means of an arbitrage argument that the expected rate of return on any bond in excess of the spot rate is proportional to its standard deviation. This property is then used to derive a partial differential equation for bond prices. The solution to that equation
Equilibrium properties of offline LVQ
"... Abstract. The statistical physics analysis of offline learning is applied to cost function based learning vector quantization (LVQ) schemes. Typical learning behavior is obtained from a model with data drawn from high dimensional Gaussian mixtures and a system of two or three competing prototypes. T ..."
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Abstract. The statistical physics analysis of offline learning is applied to cost function based learning vector quantization (LVQ) schemes. Typical learning behavior is obtained from a model with data drawn from high dimensional Gaussian mixtures and a system of two or three competing prototypes. The analytic approach becomes exact in the limit of high training temperature. We study two cost function related LVQ algorithms and the influence of an appropriate weight decay. In our findings, learning from mistakes (LFM) achieves poor generalization ability, while a limiting case of generalized LVQ (GLVQ), termed LVQ+/, displays much better performance with a properly chosen weight decay. 1
Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
 Journal of Economics
, 2000
"... We estimate a forwardlooking monetary policy reaction function for the postwar United States economy, before and after Volcker’s appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods. In particular, interest rate policy in the Volcker ..."
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Cited by 1266 (17 self)
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in the VolckerGreenspan period appears to have been much more sensitive to changes in expected in�ation than in the preVolcker period. We then compare some of the implications of the estimated rules for the equilibrium properties of in�ation and output, using a simple macroeconomic model, and show
Internet Advertising and the Generalized Second Price Auction: Selling Billions of Dollars Worth of Keywords
 AMERICAN ECONOMIC REVIEW
, 2007
"... We investigate the “generalized secondprice” (GSP) auction, a new mechanism used by search engines to sell online advertising. Although GSP looks similar to the VickreyClarkeGroves (VCG) mechanism, its properties are very different. Unlike the VCG mechanism, GSP generally does not have an equilib ..."
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Cited by 555 (18 self)
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an equilibrium in dominant strategies, and truthtelling is not an equilibrium of GSP. To analyze the properties of GSP, we describe the generalized English auction that corresponds to GSP and show that it has a unique equilibrium. This is an ex post equilibrium, with the same payoffs to all players
On the Private Provision of Public Goods
 Journal of Public Economics
, 1986
"... We consider a general model of the noncooperative provision of a public good. Under very weak assumptions there will always exist a unique Nash equilibrium in our model. A small redistribution of wealth among the contributing consumers will not change the equilibrium amount of the public good. Howe ..."
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Cited by 564 (9 self)
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. However, larger redistributions of wealth will change the set of contributors and thereby change the equilibrium provision of the public good. We are able to characterize the properties and the comparative statics of the equilibrium in a quite complete way and to analyze the extent to which government
Equilibrium Properties of Finite Binary Choice Games
, 2004
"... This paper derives a complete characterization for the equilibrium properties of a binary choice interaction model with a finite number of agents — in particular the correspondence between the interaction strength, the number of agents, and the set of equilibria. For the class of games considered, t ..."
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Cited by 1 (0 self)
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This paper derives a complete characterization for the equilibrium properties of a binary choice interaction model with a finite number of agents — in particular the correspondence between the interaction strength, the number of agents, and the set of equilibria. For the class of games considered
Detecting Traffic Anomalies using an Equilibrium Property
"... When many flows are multiplexed on a nonsaturated link, their volume changes over short timescales tend to cancel each other out, making the average change across flows close to zero. This equilibrium property holds if the flows are nearly independent, and it is violated by traffic changes caused b ..."
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When many flows are multiplexed on a nonsaturated link, their volume changes over short timescales tend to cancel each other out, making the average change across flows close to zero. This equilibrium property holds if the flows are nearly independent, and it is violated by traffic changes caused
Diffusion of Behavior and Equilibrium Properties in Network Games
, 2007
"... We analyze games on social networks where agents select one of two actions (whether or not to adopt a new technology, withdraw money from the bank, become politically active, etc.). Agents’ payoffs from each of the two actions depend on how many neighbors she has, the distribution of actions among ..."
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Cited by 24 (1 self)
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among her neighbors, and a possibly idiosyncratic cost for each of the actions. We analyze the diffusion of behavior when in each period agents choose a best response to last period’s behavior. We characterize how the equilibrium points of such a process and their stability depend on the network
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