{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2015:MRJEGHBEUCW6RSG4RLRBV2U73Z","short_pith_number":"pith:MRJEGHBE","canonical_record":{"source":{"id":"1503.08969","kind":"arxiv","version":1},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.MF","submitted_at":"2015-03-31T09:06:50Z","cross_cats_sorted":[],"title_canon_sha256":"31fb9d81a076c753d96458ecaeb3a36da578b3f853f3d597fb388d2df1a2c38a","abstract_canon_sha256":"4649706b308bbdc136612d181ad8b3a704263bdf620eef38cdfe08ea97dd1aa3"},"schema_version":"1.0"},"canonical_sha256":"6452431c24a0ade8c8dc8ae21aea9fde46372f1f62d21303ac1158ff5fb6ad68","source":{"kind":"arxiv","id":"1503.08969","version":1},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1503.08969","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"arxiv_version","alias_value":"1503.08969v1","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1503.08969","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"pith_short_12","alias_value":"MRJEGHBEUCW6","created_at":"2026-05-18T12:29:32Z"},{"alias_kind":"pith_short_16","alias_value":"MRJEGHBEUCW6RSG4","created_at":"2026-05-18T12:29:32Z"},{"alias_kind":"pith_short_8","alias_value":"MRJEGHBE","created_at":"2026-05-18T12:29:32Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2015:MRJEGHBEUCW6RSG4RLRBV2U73Z","target":"record","payload":{"canonical_record":{"source":{"id":"1503.08969","kind":"arxiv","version":1},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.MF","submitted_at":"2015-03-31T09:06:50Z","cross_cats_sorted":[],"title_canon_sha256":"31fb9d81a076c753d96458ecaeb3a36da578b3f853f3d597fb388d2df1a2c38a","abstract_canon_sha256":"4649706b308bbdc136612d181ad8b3a704263bdf620eef38cdfe08ea97dd1aa3"},"schema_version":"1.0"},"canonical_sha256":"6452431c24a0ade8c8dc8ae21aea9fde46372f1f62d21303ac1158ff5fb6ad68","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T00:39:40.839829Z","signature_b64":"4f6q/NKecCmAN62zBNzqWCkkJBqfYEzuBawNknffvAvdVB/kwFV52d4lDqjtBZM39J3Dhea7qZLFCIeslPHFBQ==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"6452431c24a0ade8c8dc8ae21aea9fde46372f1f62d21303ac1158ff5fb6ad68","last_reissued_at":"2026-05-18T00:39:40.839114Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T00:39:40.839114Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1503.08969","source_version":1,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T00:39:40Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"lG50c74QUeEK6vf0GQecqkKiPR1nPLm7wOeGbzncwbq+kBe6mghW45KtnDyGDf/motTipR24RJXLOxMD2CQvCg==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-05-28T23:16:26.278749Z"},"content_sha256":"884ba375f847976e49d79c9bd479ab4bd255cfb3089badbdf49e42c0d25f207d","schema_version":"1.0","event_id":"sha256:884ba375f847976e49d79c9bd479ab4bd255cfb3089badbdf49e42c0d25f207d"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2015:MRJEGHBEUCW6RSG4RLRBV2U73Z","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"Indifference Pricing and Hedging in a Multiple-Priors Model with Trading Constraints","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":[],"primary_cat":"q-fin.MF","authors_text":"Gechun Liang, Huiwen Yan, Zhou Yang","submitted_at":"2015-03-31T09:06:50Z","abstract_excerpt":"This paper considers utility indifference valuation of derivatives under model uncertainty and trading constraints, where the utility is formulated as an additive stochastic differential utility of both intertemporal consumption and terminal wealth, and the uncertain prospects are ranked according to a multiple-priors model of Chen and Epstein (2002). The price is determined by two optimal stochastic control problems (mixed with optimal stopping time in the case of American option) of forward-backward stochastic differential equations. By means of backward stochastic differential equation and "},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1503.08969","kind":"arxiv","version":1},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T00:39:40Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"XedAclCRbNv1McNjA+9apl0SjebI9XbZvrYZ1nrhjl6pvl2UsIPK5eNJ+9PgRpkYvqpvSKLmfbRI7fEdhb5DCg==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-05-28T23:16:26.279134Z"},"content_sha256":"3145483ddfdeda53824a773a4665a62342be561fa0a52264d771011c9166de88","schema_version":"1.0","event_id":"sha256:3145483ddfdeda53824a773a4665a62342be561fa0a52264d771011c9166de88"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/bundle.json","state_url":"https://pith.science/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-05-28T23:16:26Z","links":{"resolver":"https://pith.science/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z","bundle":"https://pith.science/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/bundle.json","state":"https://pith.science/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/state.json","well_known_bundle":"https://pith.science/.well-known/pith/MRJEGHBEUCW6RSG4RLRBV2U73Z/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2015:MRJEGHBEUCW6RSG4RLRBV2U73Z","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"4649706b308bbdc136612d181ad8b3a704263bdf620eef38cdfe08ea97dd1aa3","cross_cats_sorted":[],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.MF","submitted_at":"2015-03-31T09:06:50Z","title_canon_sha256":"31fb9d81a076c753d96458ecaeb3a36da578b3f853f3d597fb388d2df1a2c38a"},"schema_version":"1.0","source":{"id":"1503.08969","kind":"arxiv","version":1}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1503.08969","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"arxiv_version","alias_value":"1503.08969v1","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1503.08969","created_at":"2026-05-18T00:39:40Z"},{"alias_kind":"pith_short_12","alias_value":"MRJEGHBEUCW6","created_at":"2026-05-18T12:29:32Z"},{"alias_kind":"pith_short_16","alias_value":"MRJEGHBEUCW6RSG4","created_at":"2026-05-18T12:29:32Z"},{"alias_kind":"pith_short_8","alias_value":"MRJEGHBE","created_at":"2026-05-18T12:29:32Z"}],"graph_snapshots":[{"event_id":"sha256:3145483ddfdeda53824a773a4665a62342be561fa0a52264d771011c9166de88","target":"graph","created_at":"2026-05-18T00:39:40Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"This paper considers utility indifference valuation of derivatives under model uncertainty and trading constraints, where the utility is formulated as an additive stochastic differential utility of both intertemporal consumption and terminal wealth, and the uncertain prospects are ranked according to a multiple-priors model of Chen and Epstein (2002). The price is determined by two optimal stochastic control problems (mixed with optimal stopping time in the case of American option) of forward-backward stochastic differential equations. By means of backward stochastic differential equation and ","authors_text":"Gechun Liang, Huiwen Yan, Zhou Yang","cross_cats":[],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.MF","submitted_at":"2015-03-31T09:06:50Z","title":"Indifference Pricing and Hedging in a Multiple-Priors Model with Trading Constraints"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1503.08969","kind":"arxiv","version":1},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:884ba375f847976e49d79c9bd479ab4bd255cfb3089badbdf49e42c0d25f207d","target":"record","created_at":"2026-05-18T00:39:40Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"4649706b308bbdc136612d181ad8b3a704263bdf620eef38cdfe08ea97dd1aa3","cross_cats_sorted":[],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.MF","submitted_at":"2015-03-31T09:06:50Z","title_canon_sha256":"31fb9d81a076c753d96458ecaeb3a36da578b3f853f3d597fb388d2df1a2c38a"},"schema_version":"1.0","source":{"id":"1503.08969","kind":"arxiv","version":1}},"canonical_sha256":"6452431c24a0ade8c8dc8ae21aea9fde46372f1f62d21303ac1158ff5fb6ad68","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"6452431c24a0ade8c8dc8ae21aea9fde46372f1f62d21303ac1158ff5fb6ad68","first_computed_at":"2026-05-18T00:39:40.839114Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T00:39:40.839114Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"4f6q/NKecCmAN62zBNzqWCkkJBqfYEzuBawNknffvAvdVB/kwFV52d4lDqjtBZM39J3Dhea7qZLFCIeslPHFBQ==","signature_status":"signed_v1","signed_at":"2026-05-18T00:39:40.839829Z","signed_message":"canonical_sha256_bytes"},"source_id":"1503.08969","source_kind":"arxiv","source_version":1}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:884ba375f847976e49d79c9bd479ab4bd255cfb3089badbdf49e42c0d25f207d","sha256:3145483ddfdeda53824a773a4665a62342be561fa0a52264d771011c9166de88"],"state_sha256":"479b4d38c2ca10084566bfc41ba94a3106561569352f2b2b3fa92463f2e2942e"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"sW5lXgMB094v22AzQIqBxKnEaOpCzLLzSn7EXpvld8Z7UhNklbZAAT/Jo6nzYScD6I64mqjEAIsNZVFenZMtAg==","signed_message":"bundle_sha256_bytes","signed_at":"2026-05-28T23:16:26.282684Z","bundle_sha256":"945639fa9da308e28baf9c43f6ab83b121b9d1d1e39fad5f123a7c3473d94db0"}}