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A locally-built, LLM-digested index of recent arXiv papers in quant finance, geometry/topology, and statistical ML — keyword search served straight from SQLite on this machine.

168,657 papers · 148 categories

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6481,2961,9442,592 · Jun 202019922001200920172026
48 results for Axiom of Choice

As datasets capturing human choices grow in richness and scale -- particularly in online domains -- there is an increasing need for choice models that escape traditional choice-theoretic axioms such as regularity, stochastic transitivity, and Luce's choice axiom. In this work we introduce the Pairwise Choice Markov Cha…

2016-03-08abs ↗pdf ↗

RLHF performs well despite violating social choice theory axioms.

problem RLHF's empirical success contradicts social choice theory axioms.
method Showed RLHF satisfies pairwise majority and Condorcet consistency under mild assumptions, and introduced new alignment criteria.
result RLHF satisfies pairwise majority and Condorcet consistency under mild assumptions, explaining its practical success.

This paper proposes new get-rich-quick schemes that involve trading in a financial security with a non-degenerate price path. For simplicity the interest rate is assumed zero. If the price path is assumed continuous, the trader can become infinitely rich immediately after it becomes non-constant (if it ever does). If i…

2016-04-03abs ↗pdf ↗

The paper classifies extensions of Yang-Mills-type theories, proving maximality and universality are dense properties.

problem Classifying extensions of Yang-Mills-type theories.
method Categorical characterization and dense properties analysis.
result Maximality and universality are dense properties in the one-point compactification of extension classes.

We propose some axioms for hierarchical clustering of probability measures and investigate their ramifications. The basic idea is to let the user stipulate the clusters for some elementary measures. This is done without the need of any notion of metric, similarity or dissimilarity. Our main results then show that for e…

2015-08-15abs ↗pdf ↗

Self-reinforcing feedback loops in personalization systems are typically caused by users choosing from a limited set of alternatives presented systematically based on previous choices. We propose a Bayesian choice model built on Luce axioms that explicitly accounts for users' limited exposure to alternatives. Our model…

2019-08-15abs ↗pdf ↗

Unified framework connects two market-making models, revealing their underlying equivalence.

problem Independent calibration of two market-making frameworks (Avellaneda-Stoikov and Cartea-Jaimungal).
method Axiomatic approach to market preference functional, showing equivalence under specific conditions.
result Avellaneda-Stoikov and Cartea-Jaimungal frameworks are equivalent under certain conditions.

The purpose of this note is introduce a new axiom (called the Descent Axiom) in the theory of rr-spin cohomological field theories. This axiom explains the origin of gravitational descendants in this theory. Furthermore, the Descent Axiom immediately implies the Vanishing Axiom, explicating the latter (which has no a …

2000-09-06abs ↗pdf ↗

Motivated by the Moore-Segal axioms for an open-closed topological field theory, we consider planar open string topological field theories. We rigorously define a category 2Thick whose objects and morphisms can be thought of as open strings and diffeomorphism classes of planar open string worldsheets. Just as the categ…

2005-08-18abs ↗pdf ↗

Pairwise Choice Markov Chains (PCMC) have been recently introduced to overcome limitations of choice models based on traditional axioms unable to express empirical observations from modern behavior economics like context effects occurring when a choice between two options is altered by adding a third alternative. The i…

2019-09-25abs ↗pdf ↗

Treating a conjecture, P^#P != NP, on the separation of complexity classes as an axiom, an implication is found in three manifold topology with little obvious connection to complexity theory. This is reminiscent of Harvey Friedman's work on finitistic interpretations of large cardinal axioms.

2008-09-30abs ↗pdf ↗

The notion of Courant algebroid was introduced by Liu, Weinstein and Xu in 1997. Its definition consists of five axioms and an assumption for a derivation. It is shown that two of the axioms and the assumption for the derivation follow from the rest of the axioms.

2002-03-31abs ↗pdf ↗

It is known, that if a 2m-dimensional Kahler manifold satisfies the axiom of holomorphic 2n-spheres (1<n<m) or the axiom of antiholomorphic n-spheres (2<n), it is of constant holomorphic sectional curvature. In this paper the same result is obtained under weaker assumptions.

2010-04-23abs ↗pdf ↗

We studied the axiom of anti-invariant 2-spheres and the axiom of co-holomorphic (2n+1)(2n+1)-spheres. We proved that a nearly Kählerian manifold satisfying the axiom of anti-invariant 2-spheres is a space of constant holomorphic sectional curvature. We also showed that an almost Hermitian manifold MM of dimension $2m\geq…

2013-11-11abs ↗pdf ↗

We propose a class of discrete-time stochastic models for the pricing of inflation-linked assets. The paper begins with an axiomatic scheme for asset pricing and interest rate theory in a discrete-time setting. The first axiom introduces a "risk-free" asset, and the second axiom determines the intertemporal pricing rel…

2007-10-15abs ↗pdf ↗

New axioms justify ES without NRC, linking it to mean-ES portfolio selection.

problem Economic axioms for portfolio risk assessment and mean-ES portfolio selection.
method Introducing concentration aversion as an alternative to NRC, establishing axiomatic foundations.
result Concentration aversion uniquely characterizes the family of ES and provides new formulas.

We provide an axiomatic foundation for the representation of numéraire-invariant preferences of economic agents acting in a financial market. In a static environment, the simple axioms turn out to be equivalent to the following choice rule: the agent prefers one outcome over another if and only if the expected (under t…

2009-03-22abs ↗pdf ↗

Study examines how machine learning attribution methods reflect risk in finance.

problem Ensuring machine learning attribution methods accurately reflect underlying risks in finance.
method Examined Shapley value and Integrated Gradients, and derived axioms from asset pricing domain knowledge.
result Neither Shapley value nor Integrated Gradients can satisfy all axioms for reflecting risks accurately.

The second author previously discussed how classical complexity separation conjectures, we call them "axioms", have implications in three manifold topology: polynomial length stings of operations which preserve certain Jones polynomial evaluations cannot produce exponential simplifications of link diagrams. In this pap…

2013-05-26abs ↗pdf ↗

Kleinberg introduced three natural clustering properties, or axioms, and showed they cannot be simultaneously satisfied by any clustering algorithm. We present a new clustering property, Monotonic Consistency, which avoids the well-known problematic behaviour of Kleinberg's Consistency axiom, and the impossibility resu…

2018-06-15abs ↗pdf ↗

The paper establishes axioms for AMMs to ensure fair pricing and fee structures.

problem Ensuring fair and efficient pricing in decentralized finance (DeFi) AMMs.
method Formulating axioms on utility functions to characterize swap sizes and pricing oracles.
result Most existing AMMs satisfy the proposed axioms, and a new AMM is proposed with desirable properties.

Enhanced bikei modules distinguish unoriented and non-orientable surface-links.

problem Distinguishing unoriented and non-orientable surface-links.
method Extending biquandle module invariants to unoriented surface-links using bikei modules.
result Enhanced bikei modules are more effective at distinguishing non-orientable surface-links than bikei homset cardinality alone.

Distances are fundamental primitives whose choice significantly impacts the performances of algorithms in machine learning and signal processing. However selecting the most appropriate distance for a given task is an endeavor. Instead of testing one by one the entries of an ever-expanding dictionary of {\em ad hoc} dis…

2018-10-22abs ↗pdf ↗

Milnor proved two uniqueness theorems for axiomatic (co)homology: one for pairs of compacta (1960) and another, in particular, for pairs of countable simplicial complexes (1961). We obtain their common generalization: the Eilenberg-Steenrod axioms along with Milnor's map excision axiom and a (non-obvious) common genera…

2018-08-30abs ↗pdf ↗

Formalizes vNM utility theorem using Lean 4, proving existence and uniqueness.

problem Formalizing and proving the von Neumann-Morgenstern utility theorem.
method Implement classical axioms in Lean 4, formalizing preference relations over lotteries.
result Machine-verified proofs of existence and uniqueness of utility representations.

Recently V. Arnold introduced Strangeness and J±J^{\pm} invariants of generic immersions of an oriented circle to R2\R^2. Here these invariants are generalized to the case of generic immersions of an oriented circle to an arbitrary surface FF. We explicitly describe all the invariants satisfying axioms, which naturall…

1999-06-18abs ↗pdf ↗

This study redefines probability for finite outcomes using axioms and examples.

problem Defining probability for finite outcomes and preserving information.
method Developed three axioms for relative probability functions and provided examples and a system for their composition.
result Proved the topological closure of the relative probability space, preserving information under limits.

This paper attempts to investigate the space of various characteristic classes for smooth manifold bundles with local system on the total space inducing a finite holonomy covering. These classes are known as twisted higher torsion classes. We will give a system of axioms that we require these cohomology classes to sati…

2012-11-16abs ↗pdf ↗