@InProceedings{frongillo_et_al:LIPIcs.ITCS.2024.51, author = {Frongillo, Rafael and Papireddygari, Maneesha and Waggoner, Bo}, title = {{An Axiomatic Characterization of CFMMs and Equivalence to Prediction Markets}}, booktitle = {15th Innovations in Theoretical Computer Science Conference (ITCS 2024)}, pages = {51:1--51:21}, series = {Leibniz International Proceedings in Informatics (LIPIcs)}, ISBN = {978-3-95977-309-6}, ISSN = {1868-8969}, year = {2024}, volume = {287}, editor = {Guruswami, Venkatesan}, publisher = {Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik}, address = {Dagstuhl, Germany}, URL = {https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2024.51}, URN = {urn:nbn:de:0030-drops-195795}, doi = {10.4230/LIPIcs.ITCS.2024.51}, annote = {Keywords: Convex analysis, Equivalence result, Axiomatic characterization, Market Makers, Prediction markets, Scoring rules, Cost-functions} }