1 code implementation • 16 Jan 2024 • Jingyi Cao, Dongchen Li, Virginia R. Young, Bin Zou
We find the optimal indemnity to maximize the expected utility of terminal wealth of a buyer of insurance whose preferences are modeled by an exponential utility.
no code implementations • 12 Oct 2023 • Xiaotie Deng, Dongchen Li, Hanyu Li
For the first time, this work provides an automatic method for approximation analysis on a well-studied problem in theoretical computer science: computing approximate Nash equilibria in two-player games.