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arXiv research

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.

168,742 papers · 148 categories

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48 results for Local Quadratic Estimation

New approach improves computational efficiency of Bass Local Volatility model.

problem Eliminate interpolation and improve computational efficiency in local volatility models.
method Combines local quadratic estimation and lognormal mixture tails for state price densities; uses trapezoidal rule for numerical convolutions.
result Proposed method outperforms traditional numerical methods in option pricing and market case studies.

A new method automatically and dynamically sets learning rates in deep learning.

problem Determining the appropriate learning rate in deep learning tasks is challenging and often subjective.
method Local Quadratic Approximation (LQA) to automatically and dynamically set learning rates.
result The proposed method leads to nearly optimal learning rates in a computationally efficient way.

Q-SHAP efficiently calculates feature contributions in boosting trees.

problem Global evaluation of feature contributions in tree models.
method Q-SHAP, an efficient algorithm that reduces Shapley values calculation to polynomial time.
result Q-SHAP improves computational efficiency and enhances accuracy of feature-specific R2R^2 estimates.

This paper is devoted to the pricing of Barrier options by optimal quadratic quantization method. From a known useful representation of the premium of barrier options one deduces an algorithm similar to one used to estimate nonlinear filter using quadratic optimal functional quantization. Some numerical tests are fulfi…

2010-12-05abs ↗pdf ↗

The paper extends a variance gamma model to quadratic functions, reducing arbitrage and computational costs.

problem Creating an arbitrage-free interpolation for option pricing models.
method Generalizing the local variance gamma model to a piecewise quadratic local variance function.
result The quadratic model results in an arbitrage-free interpolation of class C3, reducing knots and computational cost.

Data processing inequalities link Fisher information to local differential privacy constraints.

problem Understanding how Fisher information scales with local differential privacy constraints.
method Developed data processing inequalities for Fisher information under local differential privacy.
result Implications for private estimation with optimal bounds and error rates.

This paper shows how to create quadratic differentials with any given singularities.

problem Creating quadratic differentials with prescribed singularities.
method Using the flat metric induced by the differentials, the authors classify and construct quadratic differentials with specific singularities.
result Every pattern of local invariants can be obtained by a quadratic differential on some Riemann surface, with exceptions in genera zero and one.

Developed a theory of local convexity for second order differential equations on Lie algebroids.

problem Analyzing convexity in differential equations on Lie algebroids.
method Theory development for local convexity of SODEs on Lie algebroids.
result Extensive discussion of homogeneous quadratic SODEs on Lie algebroids.

Study reconstructs Faber-Schauder coefficients from antiderivative observations.

problem Reconstructing Faber-Schauder coefficients from discrete antiderivative observations.
method Piecewise quadratic spline interpolation and closed-form solution.
result Final-generation coefficients are unstable; others are robust.

Derivative-free method solves stochastic optimization problems with noisy objectives and constraints.

problem Solving nonlinear optimization problems with stochastic objectives and deterministic constraints using only zero-order information.
method Derivative-Free Stochastic Sequential Quadratic Programming (DF-SSQP) method using simultaneous perturbation stochastic approximation (SPSA) for gradient and Hessian estimation.
result Global almost-sure convergence of the DF-SSQP method under standard assumptions, with local asymptotic normality and statistical inference.

New method estimates volatility for processes with jumps of unbounded variation.

problem Estimating volatility of processes with jumps of unbounded variation.
method Developed a new volatility estimator using debiasing of truncated realized quadratic variation.
result Method outperforms existing alternatives in simulations.

Paper develops RGN method for estimating low-rank tensors from noisy measurements.

problem Estimating low-rank tensors from noisy linear measurements.
method Riemannian Gauss-Newton (RGN) method for efficient low-rank tensor estimation.
result First local quadratic convergence guarantee of RGN for low-rank tensor estimation in noisy settings.

Proposes a new framework for invariant quadratic P&L predictions in option books.

problem Inconsistent second-order P&L predictions across different factor parameterizations.
method Local, model-agnostic framework using covariant Hessian defined by an affine connection.
result Coordinate-invariant quadratic P&L predictions that match desk targets.

Two non-local asymptotic invariants of magnetic fields for the ideal magnetohydrodynamics are introduced. The velocity of variation of the invariants for a non-ideal magnetohydrodynamics with a small magnetic dissipation is estimated. By means of the invariants the spectra of electromagnetic fields are investigated. A …

2011-10-05abs ↗pdf ↗

Non-bilinear observations make optimal control harder, showing non-convex costs and non-affine optimal controllers.

problem Optimal control from bilinear observations in linear systems is challenging.
method Analytical and numerical methods to study the non-convex cost-to-go and non-affine optimal controllers.
result The Separation Principle does not hold for bilinear observations, leading to non-convex costs and non-affine optimal controllers.

The paper rethinks the use of exponential averaging in machine learning optimization.

problem The inefficiency of using exponential averaging in optimization algorithms.
method The paper connects EA-CM algorithms to Wake of Quadratic regularized models and proposes new algorithms, KLD-WRM.
result The new algorithms outperform existing methods like K-FAC on MNIST.

A streaming algorithm estimates quadratic covariation from financial data efficiently.

problem Estimating quadratic covariation from ultra-high-frequency financial data with limited memory.
method Formulated multi-scale, realized kernel, pre-averaging, and modulated realized covariance estimators with fixed bandwidth.
result Fixed bandwidth estimators require higher bandwidth for positive semidefiniteness.

The paper studies quadratic neural networks, proving existence of spurious minima and saddle points.

problem Understanding the loss landscape of neural networks with quadratic activations.
method Theoretical analysis of mean squared error loss for neural networks with quadratic activations.
result Proves existence of spurious local minima and saddle points in the training landscape of deep overparameterized quadratic neural networks.

Optimal testing for densities under local differential privacy constraints.

problem Testing goodness-of-fit for densities under privacy constraints.
method Estimation of quadratic distance and minimax separation rates.
result First minimax optimal test under local differential privacy constraints.

We quantify how co-jumps impact correlations in currency markets. To disentangle the continuous part of quadratic covariation from co-jumps, and study the influence of co-jumps on correlations, we propose a new wavelet-based estimator. The proposed estimation framework is able to localize the co-jumps very precisely th…

2016-02-17abs ↗pdf ↗

The paper studies deformations and confluences of singularities in meromorphic connections and quadratic differentials.

problem Understanding singularities and deformations in meromorphic connections and quadratic differentials.
method Local formal invariants and jets of meromorphic quadratic differentials, universal isomonodromic deformation, unfolded Stokes phenomenon, horizontal and vertical foliations.
result Establishes a correspondence between local formal invariants and jets of meromorphic quadratic differentials, describing parameter spaces and moduli spaces.

Paper optimizes estimation of quadratic functionals in nonparametric IV models.

problem Optimal estimation of a nonlinear functional in ill-posed inverse regression.
method Adaptive, minimax estimation using leave-one-out, sieve NPIV estimator with data-driven sieve dimension selection.
result Adaptive estimator achieves minimax optimal rate in various ill-posed cases.

Ricci solitons as critical points of quadratic curvature functionals

problem Einstein metrics and Ricci solitons as critical points of quadratic Riemannian functionals
method Study of Ricci solitons as critical points of a special quadratic curvature functional
result Ricci solitons are non-Einstein critical points of these functionals

New method shows Hessian estimator from random samples converges to true Hessian on complex manifolds.

problem Uncertainty in Hessian estimator accuracy on complex manifolds with boundaries and nonuniform sampling.
method Locally fitting quadratic polynomials, rigorous theoretical analysis under mild conditions.
result The Hessian estimator asymptotically converges to the true Hessian, even near boundaries.

Local search algorithms applied to optimization problems often suffer from getting trapped in a local optimum. The common solution for this deficiency is to restart the algorithm when no progress is observed. Alternatively, one can start multiple instances of a local search algorithm, and allocate computational resourc…

2014-01-16abs ↗pdf ↗

We propose an original particle-based implementation of the Loopy Belief Propagation (LPB) algorithm for pairwise Markov Random Fields (MRF) on a continuous state space. The algorithm constructs adaptively efficient proposal distributions approximating the local beliefs at each note of the MRF. This is achieved by cons…

2015-06-19abs ↗pdf ↗

MuyGPs efficiently estimates GP hyperparameters using local cross-validation.

problem Efficiently estimating GP hyperparameters for large datasets.
method Uses nearest neighbors structure and leave-one-out cross-validation.
result Outperforms state-of-the-art competitors in time and prediction accuracy.

In this work, we develop a distributed least squares approximation (DLSA) method that is able to solve a large family of regression problems (e.g., linear regression, logistic regression, and Cox's model) on a distributed system. By approximating the local objective function using a local quadratic form, we are able to…

2019-08-14abs ↗pdf ↗

Study local differential privacy methods for estimating power sums of discrete distributions.

problem Estimating non-linear functionals of discrete distributions under local differential privacy constraints.
method Interactive and non-interactive mechanisms for estimating power sums, with lower bounds provided.
result Achieves faster rates of estimation under certain conditions.

Develops an online method for solving constrained optimization problems with debiasing techniques.

problem Online inference of solutions to constrained optimization problems with equality and inequality constraints.
method Stochastic Sequential Quadratic Programming (SSQP) with momentum debiasing.
result Achieves global almost-sure convergence and local asymptotic normality with optimal primal-dual limiting covariance.