Sketch of glossary for CS 4500, Fall 2009 current synonym old challenge hypothesis derivative offer challenge offer hypothesis accept challenge challenge hypothesis accept or reoffer oppose reoffer strengthening does not earn money earns reputation challenge= hypothesis= (belief, price) (belief, confidence) but confidence has different meaning than price agent has money agent has reputation belief is of form: belief is of form: ExistsForAll ExistsForAll or ForAllExists discount a version of challenge support a version of challenge ALL challenges classic derivatives SECRET challenges Unchanged: provide solve look-ahead polynomial break-even price