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HackerNoon
hackernoon.com
did:plc:kbzotn4ippvrqllcitxglgm2
This paper extends the Nash equilibrium model to markets with transaction costs, characterizing the solution via a system of FBSDEs. #nashequilibrium
https://hackernoon.com/the-price-of-friction-how-transaction-costs-change-the-strategic-trading-game
2025-09-23T16:32:59.710Z