scholarly journals On Games and Equilibria with Coherent Lower Expectations

2015 ◽  
Vol 2015 ◽  
pp. 1-8 ◽  
Author(s):  
Giuseppe De Marco ◽  
Maria Romaniello
Keyword(s):  
Equilibrium Points ◽  
Sufficient Conditions ◽  
Random Variables ◽  
Strategic Choices ◽  
Solution Concepts ◽  
Equilibrium Concept ◽  
Comparative Probability ◽  
Systems Of Inequalities

Different solution concepts for strategic form games have been introduced in order to weaken the consistency assumption that players’ beliefs, about their opponents strategic choices, are correct in equilibrium. The literature has shown that ambiguous beliefs are an appropriate device to deal with this task. In this note, we introduce an equilibrium concept in which players do not know the opponents’ strategies in their entirety but only thecoherent lower expectationsof some random variables that depend on the actual strategies taken by the others. This equilibrium concept generalizes the already existing concept of equilibrium with partially specified probabilities by extending the set of feasible beliefs and allowing for comparative probability judgements. We study the issue of the existence of the equilibrium points in our framework and find sufficient conditions which involve the continuity of coherent lower expectations and a Slater-like condition for the systems of inequalities defining beliefs.

Normal approximations to discrete unimodal distributions

1986 ◽  
Vol 23 (04) ◽  
pp. 1013-1018
Author(s):  
B. G. Quinn ◽  
H. L. MacGillivray
Keyword(s):  
Stationary Distribution ◽  
Sufficient Conditions ◽  
Random Variables ◽  
Hypergeometric Distribution ◽  
Death Process ◽  
Normal Approximations ◽  
Discrete Random Variables ◽  
Birth Death

Sufficient conditions are presented for the limiting normality of sequences of discrete random variables possessing unimodal distributions. The conditions are applied to obtain normal approximations directly for the hypergeometric distribution and the stationary distribution of a special birth-death process.

scholarly journals Stochastic Comparisons of Some Distances between Random Variables

Mathematics ◽  
2021 ◽  
Vol 9 (9) ◽  
pp. 981
Author(s):  
Patricia Ortega-Jiménez ◽  
Miguel A. Sordo ◽  
Alfonso Suárez-Llorens
Keyword(s):  
Financial Risk ◽  
Sufficient Conditions ◽  
Random Variables ◽  
Stochastic Ordering ◽  
Random Variable ◽  
Distribution Functions ◽  
Stochastic Comparisons ◽  
Stochastic Orderings ◽  
Absolute Value ◽  
The Difference

The aim of this paper is twofold. First, we show that the expectation of the absolute value of the difference between two copies, not necessarily independent, of a random variable is a measure of its variability in the sense of Bickel and Lehmann (1979). Moreover, if the two copies are negatively dependent through stochastic ordering, this measure is subadditive. The second purpose of this paper is to provide sufficient conditions for comparing several distances between pairs of random variables (with possibly different distribution functions) in terms of various stochastic orderings. Applications in actuarial and financial risk management are given.

scholarly journals On a predator-prey system interaction under fluctuating water level with nonselective harvesting

2020 ◽  
Vol 18 (1) ◽  
pp. 458-475
Author(s):  
Na Zhang ◽  
Yonggui Kao ◽  
Fengde Chen ◽  
Binfeng Xie ◽  
Shiyu Li
Keyword(s):  
Water Level ◽  
Equilibrium Points ◽  
Sufficient Conditions ◽  
Optimal Harvesting ◽  
Positive Equilibrium ◽  
Predator Population ◽  
Model Interaction ◽  
Predator Prey ◽  
Predator Prey Model ◽  
Fluctuating Water Level

Abstract A predator-prey model interaction under fluctuating water level with non-selective harvesting is proposed and studied in this paper. Sufficient conditions for the permanence of two populations and the extinction of predator population are provided. The non-negative equilibrium points are given, and their stability is studied by using the Jacobian matrix. By constructing a suitable Lyapunov function, sufficient conditions that ensure the global stability of the positive equilibrium are obtained. The bionomic equilibrium and the optimal harvesting policy are also presented. Numerical simulations are carried out to show the feasibility of the main results.

scholarly journals Chover-Type Laws of the Iterated Logarithm for Kesten-Spitzer Random Walks in Random Sceneries Belonging to the Domain of Stable Attraction

2018 ◽  
Vol 2018 ◽  
pp. 1-9
Author(s):  
Wensheng Wang ◽  
Anwei Zhu
Keyword(s):  
Random Walk ◽  
Large Deviation ◽  
Sufficient Conditions ◽  
Random Variables ◽  
Domain Of Attraction ◽  
Stable Law ◽  
Iterated Logarithm ◽  
Cluster Set ◽  
Random Scenery ◽  
Unique Integer

Let X={Xi,i≥1} be a sequence of real valued random variables, S0=0 and Sk=∑i=1kXi  (k≥1). Let σ={σ(x),x∈Z} be a sequence of real valued random variables which are independent of X’s. Denote by Kn=∑k=0nσ(⌊Sk⌋)  (n≥0) Kesten-Spitzer random walk in random scenery, where ⌊a⌋ means the unique integer satisfying ⌊a⌋≤a<⌊a⌋+1. It is assumed that σ’s belong to the domain of attraction of a stable law with index 0<β<2. In this paper, by employing conditional argument, we investigate large deviation inequalities, some sufficient conditions for Chover-type laws of the iterated logarithm and the cluster set for random walk in random scenery Kn. The obtained results supplement to some corresponding results in the literature.

scholarly journals On the law of the iterated logarithm in the infinite variance case

1980 ◽  
Vol 30 (1) ◽  
pp. 5-14 ◽  
Author(s):  
R. A. Maller
Keyword(s):  
Sufficient Conditions ◽  
Random Variables ◽  
Necessary And Sufficient Conditions ◽  
Infinite Variance ◽  
Iterated Logarithm ◽  
The Law ◽  
Necessary And Sufficient ◽  
Independent And Identically Distributed

AbstractThe main purpose of the paper is to give necessary and sufficient conditions for the almost sure boundedness of (Sn – αn)/B(n), where Sn = X1 + X2 + … + XmXi being independent and identically distributed random variables, and αnand B(n) being centering and norming constants. The conditions take the form of the convergence or divergence of a series of a geometric subsequence of the sequence P(Sn − αn > a B(n)), where a is a constant. The theorem is distinguished from previous similar results by the comparative weakness of the subsidiary conditions and the simplicity of the calculations. As an application, a law of the iterated logarithm general enough to include a result of Feller is derived.

scholarly journals Mathematical analysis of a cancer model with time-delay in tumor-immune interaction and stimulation processes

2021 ◽  
Vol 2021 (1) ◽  
Author(s):  
Kaushik Dehingia ◽  
Hemanta Kumar Sarmah ◽  
Yamen Alharbi ◽  
Kamyar Hosseini
Keyword(s):  
Time Delay ◽  
Immune Responses ◽  
Periodic Solutions ◽  
Equilibrium Points ◽  
Sufficient Conditions ◽  
Cancer Model ◽  
Delay Effect ◽  
Discrete Time Delay ◽  
The Stability ◽  
Vital Parameters

AbstractIn this study, we discuss a cancer model considering discrete time-delay in tumor-immune interaction and stimulation processes. This study aims to analyze and observe the dynamics of the model along with variation of vital parameters and the delay effect on anti-tumor immune responses. We obtain sufficient conditions for the existence of equilibrium points and their stability. Existence of Hopf bifurcation at co-axial equilibrium is investigated. The stability of bifurcating periodic solutions is discussed, and the time length for which the solutions preserve the stability is estimated. Furthermore, we have derived the conditions for the direction of bifurcating periodic solutions. Theoretically, it was observed that the system undergoes different states if we vary the system’s parameters. Some numerical simulations are presented to verify the obtained mathematical results.

scholarly journals Dynamical Behaviour in Two Prey-Predator System with Persistence

2016 ◽  
Vol 16 ◽  
pp. 20-37
Author(s):  
V. Madhusudanan ◽  
S. Vijaya
Keyword(s):  
Limit Cycle ◽  
Equilibrium Points ◽  
Dynamical Behavior ◽  
Sufficient Conditions ◽  
Dynamical Behaviour ◽  
Positive Equilibrium ◽  
Predator Population ◽  
Interior Equilibrium ◽  
Trivial Equilibrium ◽  
Necessary And Sufficient

In this work, the dynamical behavior of the system with two preys and one predator population is investigated. The predator exhibits a Holling type II response to one prey which is harvested and a Beddington-DeAngelis functional response to the other prey. The boundedness of the system is analyzed. We examine the occurrence of positive equilibrium points and stability of the system at those points. At trivial equilibrium E0and axial equilibrium (E1); the system is found to be unstable. Also we obtain the necessary and sufficient conditions for existence of interior equilibrium point (E6) and local and global stability of the system at the interior equilibrium (E6): Depending upon the existence of limit cycle, the persistence condition is established for the system. The numerical simulation infer that varying the parameters such as e and λ1it is possible to change the dynamical behavior of the system from limit cycle to stable spiral. It is also observed that the harvesting rate plays a crucial role in stabilizing the system.

scholarly journals A Stage-Structure Rosenzweig-MacArthur Model with Effect of Prey Refuge

2020 ◽  
Vol 1 (1) ◽  
pp. 1-7
Author(s):  
Lazarus Kalvein Beay ◽  
Maryone Saija
Keyword(s):  
Equilibrium Point ◽  
Local Stability ◽  
Equilibrium Points ◽  
Sufficient Conditions ◽  
Stage Structure ◽  
Structure Population ◽  
Prey Refuge ◽  
Behavioral System ◽  
Trivial Equilibrium ◽  
Coexistence Equilibrium

We proposed and analyzed a stage-structure Rosenzweig-MacArthur model incorporating a prey refuge.  It is assumed that the prey is a stage-structure population consisting of two compartments known as immature prey and mature prey. The model incorporates the functional response Holling type-II. In this work, we investigate all the biologically feasible equilibrium points, and it is shown that the system has three equilibrium points. Sufficient conditions for the local stability of the non-negative equilibrium point of the model are also derived. All points are conditionally locally asymptotically stable. By constructing Jacobian matrix and determined eigenvalues, we analyzed the local stability of the trivial equilibrium and non-predator equilibrium points. Specifically for coexistence equilibrium point, Routh-Hurwitz criterion used to analyze local stability. In addtion, we investigated the effect of immature prey refuge. Our mathematical analysis exhibits that immature prey refuge have played a crucial role in the behavioral system. When the effect of immature prey refuge (constant m) increases, it is can stabilize non-predator equilibrium point, where all the species can not exists together. And conversely, if contant m decreases, it is can stabilize coexistence equilibrium point then all the species can exists together. The work is completed with a numerical simulation to confirmed analitical results

Complete moment convergence forweighted sums of pairwise negatively quadrant dependent random variables

Filomat ◽  
2020 ◽  
Vol 34 (10) ◽  
pp. 3459-3471
Author(s):  
Mingming Zhao ◽  
Shengnan Ding ◽  
Di Zhang ◽  
Xuejun Wang
Keyword(s):  
Theoretical Result ◽  
Sufficient Conditions ◽  
Random Variables ◽  
Weighted Sums ◽  
Complete Moment Convergence ◽  
Dependent Random Variables ◽  
Moment Convergence

In this article, the complete moment convergence for weighted sums of pairwise negatively quadrant dependent (NQD, for short) random variables is studied. Several sufficient conditions to prove the complete moment convergence for weighted sums of NQD random variables are presented. The results obtained in the paper extend some corresponding ones in the literature. The simulation is also presented which can verify the validity of the theoretical result.

Modeling and stability analysis of the spread of novel coronavirus disease COVID-19

2021 ◽  
pp. 2150035
Author(s):  
A. George Maria Selvam ◽  
Jehad Alzabut ◽  
D. Abraham Vianny ◽  
Mary Jacintha ◽  
Fatma Bozkurt Yousef
Keyword(s):  
Fractional Order ◽  
Disease Transmission ◽  
Equilibrium Points ◽  
Sufficient Conditions ◽  
Basic Reproductive Number ◽  
Phase Portraits ◽  
Transmission Model ◽  
Reproductive Number ◽  
Discrete Version ◽  
Novel Coronavirus

Towards the end of 2019, the world witnessed the outbreak of Severe Acute Respiratory Syndrome Coronavirus-2 (COVID-19), a new strain of coronavirus that was unidentified in humans previously. In this paper, a new fractional-order Susceptible–Exposed–Infected–Hospitalized–Recovered (SEIHR) model is formulated for COVID-19, where the population is infected due to human transmission. The fractional-order discrete version of the model is obtained by the process of discretization and the basic reproductive number is calculated with the next-generation matrix approach. All equilibrium points related to the disease transmission model are then computed. Further, sufficient conditions to investigate all possible equilibria of the model are established in terms of the basic reproduction number (local stability) and are supported with time series, phase portraits and bifurcation diagrams. Finally, numerical simulations are provided to demonstrate the theoretical findings.

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