The Canonical Regression Quantile method predicts CEO compensation and future performance.
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Study proposes new framework for Board-CEO relationship.
Higher CEO career breadth correlates with better firm performance.
The excessive compensation packages of CEOs of U.S. corporations in recent years have brought to the foreground the issue of fairness in economics. The conventional wisdom is that the free market for labor, which determines the pay packages, cares only about efficiency and not fairness. We present an alternative theory…
Optimizes causal effects on unknown graphs using Causal Entropy Optimization.
The high pay packages of U.S. CEOs have raised serious concerns about what would constitute a fair pay.
Study examines how social media sentiment impacts biotech stocks.
Based on 46 in-depth interviews with scientists, engineers, and CEOs, this document presents a list of concrete machine research problems, progress on which would directly benefit tech ventures in East Africa.
This paper studies communication efficiency in federated learning by optimizing the sum-rate-distortion function for indirect multiterminal source coding.
LLMs help less-resourced researchers access costly data.
Study shows how business cycle affects dividend payout based on managerial stock incentives.
Out-of-control information technology (IT) projects have ended the careers of top managers, such as EADS CEO Noel Forgeard and Levi Strauss' CIO David Bergen. Moreover, IT projects have brought down whole companies, like Kmart in the US and Auto Windscreen in the UK. Software and other IT is now such an integral part o…
The paper simplifies calculus for semimartingales using multiplicative compensation.
This paper tests LLMs in finance to assess ethical behavior.
We propose and study the known-compensation multi-arm bandit (KCMAB) problem, where a system controller offers a set of arms to many short-term players for steps. In each step, one short-term player arrives to the system. Upon arrival, the player aims to select an arm with the current best average reward and receiv…
Study incentivizes exploration in non-stationary MAB with compensation.
New neural network improves MRI reconstruction for non-Cartesian data.
The paper analyzes fairness of compensation-based risk-sharing schemes for fund payouts.
A machine learning model for PMD compensation in dual-polarization systems.
We present a method to compensate statistical errors in the calculation of correlations on asynchronous time series. The method is based on the assumption of an underlying time series. We set up a model and apply it to financial data to examine the decrease of calculated correlations towards smaller return intervals (E…
Extends compactness theory to variable-coefficient pseudo-differential operators on manifolds.
Communication is a key bottleneck in distributed training. Recently, an \emph{error-compensated} compression technology was particularly designed for the \emph{centralized} learning and receives huge successes, by showing significant advantages over state-of-the-art compression based methods in saving the communication…
Data parallelism has become the de facto standard for training Deep Neural Network on multiple processing units. In this work we propose DC-S3GD, a decentralized (without Parameter Server) stale-synchronous version of the Delay-Compensated Asynchronous Stochastic Gradient Descent (DC-ASGD) algorithm. In our approach, w…
We propose a model-based machine-learning approach for polarization-multiplexed systems by parameterizing the split-step method for the Manakov-PMD equation. This approach performs hardware-friendly DBP and distributed PMD compensation with performance close to the PMD-free case.
We discuss the pricing of defaultable assets in an incomplete information model where the default time is given by a first hitting time of an unobservable process. We show that in a fairly general Markov setting, the indicator function of the default has an absolutely continuous compensator. Given this compensator we t…
For the efficient compensation of fiber nonlinearity, one of the guiding principles appears to be: fewer steps are better and more efficient. We challenge this assumption and show that carefully designed multi-step approaches can lead to better performance-complexity trade-offs than their few-step counterparts.
UDVD uses deep learning to denoise videos without supervision.
We present two statistical causes for the distortion of correlations on high-frequency financial data. We demonstrate that the asynchrony of trades as well as the decimalization of stock prices has a large impact on the decline of the correlation coefficients towards smaller return intervals (Epps effect). These distor…
A reliable controller is critical and essential for the execution of safe and smooth maneuvers of an autonomous vehicle.The controller must be robust to external disturbances, such as road surface, weather, and wind conditions, and so on.It also needs to deal with the internal parametric variations of vehicle sub-syste…
Extends weak continuity of Yang-Mills connections to a broader class.
In recent years, unsupervised/weakly-supervised conditional generative adversarial networks (GANs) have achieved many successes on the task of modeling and generating data. However, one of their weaknesses lies in their poor ability to separate, or disentangle, the different factors that characterize the representation…
A second order self-adjoint operator is uniquely defined by its principal symbol and potential if it acts on half-densities. We analyse the potential as a compensating field (gauge field) in the sense that it compensates the action of coordinate transformations on the second derivatives in…
This paper proposed a bias-compensated normalized maximum correntropy criterion (BCNMCC) algorithm charactered by its low steady-state misalignment for system identification with noisy input in an impulsive output noise environment. The normalized maximum correntropy criterion (NMCC) is derived from a correntropy based…
The study proves a theorem on Riemannian manifolds for wedge products of weakly convergent differential forms.
Integrated gradients are widely employed to evaluate the contribution of input features in classification models because it satisfies the axioms for attribution of prediction. This method, however, requires an appropriate baseline for reliable determination of the contributions. We propose a compensated integrated grad…
Studies have shown that the people depicted in image search results tend to be of majority groups with respect to socially salient attributes. This skew goes beyond that which already exists in the world - e.g., Kay et al. showed that although 28% of CEOs in US are women, only 10% of the top 100 results for CEO in Goog…
Proposes a compensation mechanism for improving individual forecast confidence.
In this paper the method of compensated compactness is applied to the problem of isometric immersion of a two dimensional Riemannian manifold with negative Gauss curvature into three dimensional Euclidean space. Previous applications of the method to this problem have required decay of order in the Gauss curva…
This paper explores how enforcing equivariance constraints limits neural network expressivity and proposes compensatory model size increases.
We present a compensated compactness theorem in Banach spaces established recently, whose formulation is originally motivated by the weak rigidity problem for isometric immersions of manifolds with lower regularity. As a corollary, a geometrically intrinsic div-curl lemma for tensor fields on Riemannian manifolds is ob…
Paper introduces non-linear discounting models for default compensation and climate valuation.
Federated Learning is a powerful machine learning paradigm to cooperatively train a global model with highly distributed data. A major bottleneck on the performance of distributed Stochastic Gradient Descent (SGD) algorithm for large-scale Federated Learning is the communication overhead on pushing local gradients and …
Survey on recent developments in isometric immersions using PDE techniques.
Compensation methods correct overestimation of adversarial robustness in neural networks.
Study optimal control strategy for hedge funds managers with PSAHARA utility family.
We study incentivized exploration for the multi-armed bandit (MAB) problem where the players receive compensation for exploring arms other than the greedy choice and may provide biased feedback on reward. We seek to understand the impact of this drifted reward feedback by analyzing the performance of three instantiatio…
A fundamental problem in differential geometry is to characterize intrinsic metrics on a two-dimensional Riemannian manifold which can be realized as isometric immersions into . This problem can be formulated as initial and/or boundary value problems for a system of nonlinear partial differential…
Study on optimal fees in hedge funds with first-loss compensation.