{"title":"DeTEcT:动态和概率参数扩展","authors":"Rem Sadykhov, Geoffrey Goodell, Philip Treleaven","doi":"arxiv-2405.16688","DOIUrl":null,"url":null,"abstract":"This paper presents a theoretical extension of the DeTEcT framework proposed\nby Sadykhov et al., DeTEcT, where a formal analysis framework was introduced\nfor modelling wealth distribution in token economies. DeTEcT is a framework for\nanalysing economic activity, simulating macroeconomic scenarios, and\nalgorithmically setting policies in token economies. This paper proposes four\nways of parametrizing the framework, where dynamic vs static parametrization is\nconsidered along with the probabilistic vs non-probabilistic. Using these\nparametrization techniques, we demonstrate that by adding restrictions to the\nframework it is possible to derive the existing wealth distribution models from\nDeTEcT. In addition to exploring parametrization techniques, this paper studies\nhow money supply in DeTEcT framework can be transformed to become dynamic, and\nhow this change will affect the dynamics of wealth distribution. The motivation\nfor studying dynamic money supply is that it enables DeTEcT to be applied to\nmodelling token economies without maximum supply (i.e., Ethereum), and it adds\nconstraints to the framework in the form of symmetries.","PeriodicalId":501372,"journal":{"name":"arXiv - QuantFin - General Finance","volume":"51 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"DeTEcT: Dynamic and Probabilistic Parameters Extension\",\"authors\":\"Rem Sadykhov, Geoffrey Goodell, Philip Treleaven\",\"doi\":\"arxiv-2405.16688\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper presents a theoretical extension of the DeTEcT framework proposed\\nby Sadykhov et al., DeTEcT, where a formal analysis framework was introduced\\nfor modelling wealth distribution in token economies. DeTEcT is a framework for\\nanalysing economic activity, simulating macroeconomic scenarios, and\\nalgorithmically setting policies in token economies. This paper proposes four\\nways of parametrizing the framework, where dynamic vs static parametrization is\\nconsidered along with the probabilistic vs non-probabilistic. Using these\\nparametrization techniques, we demonstrate that by adding restrictions to the\\nframework it is possible to derive the existing wealth distribution models from\\nDeTEcT. In addition to exploring parametrization techniques, this paper studies\\nhow money supply in DeTEcT framework can be transformed to become dynamic, and\\nhow this change will affect the dynamics of wealth distribution. The motivation\\nfor studying dynamic money supply is that it enables DeTEcT to be applied to\\nmodelling token economies without maximum supply (i.e., Ethereum), and it adds\\nconstraints to the framework in the form of symmetries.\",\"PeriodicalId\":501372,\"journal\":{\"name\":\"arXiv - QuantFin - General Finance\",\"volume\":\"51 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-05-26\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"arXiv - QuantFin - General Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/arxiv-2405.16688\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - QuantFin - General Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2405.16688","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
DeTEcT: Dynamic and Probabilistic Parameters Extension
This paper presents a theoretical extension of the DeTEcT framework proposed
by Sadykhov et al., DeTEcT, where a formal analysis framework was introduced
for modelling wealth distribution in token economies. DeTEcT is a framework for
analysing economic activity, simulating macroeconomic scenarios, and
algorithmically setting policies in token economies. This paper proposes four
ways of parametrizing the framework, where dynamic vs static parametrization is
considered along with the probabilistic vs non-probabilistic. Using these
parametrization techniques, we demonstrate that by adding restrictions to the
framework it is possible to derive the existing wealth distribution models from
DeTEcT. In addition to exploring parametrization techniques, this paper studies
how money supply in DeTEcT framework can be transformed to become dynamic, and
how this change will affect the dynamics of wealth distribution. The motivation
for studying dynamic money supply is that it enables DeTEcT to be applied to
modelling token economies without maximum supply (i.e., Ethereum), and it adds
constraints to the framework in the form of symmetries.