arXiv research

The paper introduces a measure to assess the relative value of a delta-Symmetric Strangle under the Black-Scholes model.

Extends a theorem for first-order elliptic operators on manifolds.

We compute the relative zeta-function metric on the determinant line bundle for a family of elliptic boundary value problems of Dirac-type. To do this we prove a general formula relating the zeta-determinant to a Fredholm determinant over the boundary for a class of higher-order elliptic boundary value problems.

A machine learning model improves relative valuation of municipal bonds.

This thesis introduces the notion of "relative gerbes" for smooth maps of manifolds, and discusses their differential geometry. The equivalence classes of relative gerbes are classified by the relative integral cohomology in degree three. Furthermore, by using the concept of relative gerbes, the pre-quantization of Lie…

Proof of local well-posedness for a specific boundary condition in general relativity.

New model solves equity premium puzzle.

The study assesses the relative value of prediction in algorithmic decision making.

A guide for solving first-order elliptic boundary value problems.

New boundary conditions improve Hamiltonian analysis in GR.

In the third part of this series we introduce consistent relative value measures for CDS-Bond basis trades using the bond-implied CDS term structure derived from fitted survival rate curves. We explain why this measure is better than the traditionally used Z-spread or Libor OAS and offer simplified hedging and trading …

We provide a formula describing the G-module structure of the Hurwitz-Hodge bundle for admissible G-covers in terms of the Hodge bundle of the base curve, and more generally, for describing the G-module structure of the push-forward to the base of any sheaf on a family of admissible G-covers. This formula can be interp…

Study market-to-book ratios using Stochastic Portfolio Theory.

We introduce the concept of singular values for the Riemann curvature tensor, a central mathematical tool in Einstein's theory of general relativity. We study the properties related to the singular values, and investigate five typical cases to show its relationship to the Ricci scalar and other invariants.

The excluded area between a pair of two-dimensional hard particles with given relative orientation is the region in which one particle cannot be located due to the presence of the other particle. The magnitude of the excluded area as a function of the relative particle orientation plays a major role in the determinatio…

This paper examines and proposes several attribution modeling methods that quantify how revenue should be attributed to online advertising inputs. We adopt and further develop relative importance method, which is based on regression models that have been extensively studied and utilized to investigate the relationship …

This article, written to appear as a chapter in "The Springer Handbook of Spacetime", is a review of the initial value problem for Einstein's gravitational field theory in general relativity. Designed to be accessible to graduate students who have taken a first course in general relativity, the article first discusses …

New method improves deep policy gradient algorithms by learning relative state values.

Let $D$ be a 2-dimensional closed unit disk and $\rm{Symp}(D,0)_{\rm{rel}}$ the group of symplectomorphisms preserving the origin and the boundary $\partial D$ pointwise. We consider the $\mathbb{R}$-valued flux homomorphism on $\rm{Symp}(D,0)_{\rm{rel}}$ and define the central $\mathbb{R}$-extension called the $\mathb…

We investigate the ergodic problem of growth-rate maximization under a class of risk constraints in the context of incomplete, Itô-process models of financial markets with random ergodic coefficients. Including {\em value-at-risk} (VaR), {\em tail-value-at-risk} (TVaR), and {\em limited expected loss} (LEL), these cons…

Let $\mathcal{A}_0$ and $\mathcal{A}_1$ be two self-adjoint Fredholm Dirac-type operators defined on two non-compact manifolds. If they coincide at infinity so that the relative heat operator is trace-class, one can define their relative eta function as in the compact case. The regular value of this function at the zer…

Earlier studies have shown that stock market distributions can be well described by distributions derived from Tsallis entropy, which is a generalization of Shannon entropy to non-extensive systems. In this paper, Tsallis relative entropy (TRE), which is the generalization of Kullback-Leibler relative entropy (KLRE) to…

Based on Colombeau's theory of algebras of generalized functions we introduce the concepts of generalized functions taking values in differentiable manifolds as well as of generalized vector bundle homomorphisms. We study their basic properties, in particular with respect to some new point value concepts for generalize…

The purpose of this paper is to clarify all of the uniformly relatively Ding stable toric Fano threefolds and fourfolds as well as unstable ones. The key player in our classification result is the Mabuchi constants, which can be calculated by combinatorial data of the associated moment polytopes due to the work of Yao …

Extends specific relative entropy to multidimensional continuous martingales.

An estimate on the number of distinct relative periodic orbits around a stable relative equilibrium in a Hamiltonian system with continuous symmetry is given. This result constitutes a generalization to the Hamiltonian symmetric framework of a classical result by Weinstein and Moser on the existence of periodic orbits …

We give the definition of the Seiberg-Witten-Floer homology group for a homology 3-sphere. Its Euler characteristic number is a Casson-type invariant. For a four-manifold with boundary a homology sphere, a relative Seiberg-Witten invariant is defined taking values in the Seiberg-Witten-Floer homology group, these relat…

Study finite-energy metrics over complex manifold degenerations.

This note removes technical assumptions and characterizes relatively dominated representations.

In this paper we focus on the uniqueness question for (expanding) solutions of the Harmonic map flow coming out of smooth 0-homogeneous maps with values into a closed Riemannian manifold. We introduce a relative entropy for two purposes. On the one hand, we prove the existence of two expanding solutions associated to a…

Paper finds a new principle for optimizing consumption and wealth using Tsallis entropy.

We discuss the relative merits of optimistic and randomized approaches to exploration in reinforcement learning. Optimistic approaches presented in the literature apply an optimistic boost to the value estimate at each state-action pair and select actions that are greedy with respect to the resulting optimistic value f…

Uniform K-homology theory applied to elliptic operators on manifolds with boundary.

For a real or complex semisimple Lie group $G$ and two nested parabolic subgroups $Q\subset P\subset G$, we study parabolic geometries of type $(G,Q)$. Associated to the group $P$, we introduce a class of relative natural bundles and relative tractor bundles and construct some basic invariant differential operators on …

The paper explains how to construct a credit spread curve from bond prices.

Off-policy learning exhibits greater instability when compared to on-policy learning in reinforcement learning (RL). The difference in probability distribution between the target policy ($π$) and the behavior policy (b) is a major cause of instability. High variance also originates from distributional mismatch. The var…

In this paper we characterize planar central configurations in terms of a sectional curvature value of the Jacobi-Maupertuis metric. This characterization works for the $N$-body problem with general masses and any $1/r^α$ potential with $α> 0$. We also observe dynamical consequences of these curvature values for relati…

We study the behavior of the modular class of a Lie algebroid under general Lie algebroid morphisms by introducing the relative modular class. We investigate the modular classes of pull-back morphisms and of base-preserving morphisms associated to Lie algebroid extensions. We also define generalized morphisms, includin…

We prove uniqueness results for a Calderon type inverse problem for the Hodge Laplacian acting on graded forms on certain manifolds in three dimensions. In particular, we show that partial measurements of the relative-to-absolute or absolute-to-relative boundary value maps uniquely determine a zeroth order potential. T…

We introduce a general decision tree framework to value an option to invest/divest in a project, focusing on the model risk inherent in the assumptions made by standard real option valuation methods. We examine how real option values depend on the dynamics of project value and investment costs, the frequency of exercis…

Introduces factor risk measures to assess risk relative to multiple factors.

Unimodular classification of symmetric matrix map-germs.

We develop a multivalued theory for the stability operator of (a constant multiple of) a minimally immersed submanifold $Σ$ of a Riemannian manifold $\mathcal{M}$. We define the multiple valued counterpart of the classical Jacobi fields as the minimizers of the second variation functional defined on a Sobolev space of …

Motivated by the work of Vishik on the analytic torsion we introduce a new class of generalized Atiyah-Patodi-Singer boundary value problems. We are able to derive a full heat expansion for this class of operators generalizing earlier work of Grubb and Seeley. As an application we give another proof of the gluing formu…

We study the index of the APS boundary value problem for a strongly Callias-type operator $D$ on a complete even dimensional Riemannian manifold $M$ (the odd dimensional case was considered in our previous paper arXiv:1706.06737). We use this index to define the relative $η$-invariant $η(A_1,A_0)$ of two strongly Calli…

The paper develops a new Floer theory for 3-manifolds with involutions.

Polynomial maps are shown to be Serre fibrations under specific conditions.

E-values enhance conformal prediction methods.