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Sponsored AI Networking Cookbook: Practical recipes for AI-assisted network automation and development AI Networking Cookbook: Practical recipes for AI-assisted network automation and development

Author

Masashi Sekine

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Preprint Jul 2026

Mean-field equilibrium price formation under single-default risk

We study equilibrium price formation in an incomplete financial market with a large population of agents, where stock prices are subject to a single-default event. Agents are assumed to be heterogeneous in their risk aversion and terminal liabilities, and maximize exponential utility of terminal net wealth. We first ch...

Masashi Sekine · 0 citations

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