arXiv research

Proposes a copula-based model for multi-view clustering with directional dependency.

The so-called risk diversification principle is analyzed, showing that its convenience depends on individual characteristics of the risks involved and the dependence relationship among them. ----- Se analiza el principio de diversificación de riesgos y se demuestra que no siempre resulta mejor que no diversificar, pues…

New insights into bias and variance in over-parameterized models.

The use of equilibrium models in economics springs from the desire for parsimonious models of economic phenomena that take human reasoning into account. This approach has been the cornerstone of modern economic theory. We explain why this is so, extolling the virtues of equilibrium theory; then we present a critique an…

Prior to the financial crisis mortgage securitization models increased in sophistication as did products built to insure against losses. Layers of complexity formed upon a foundation that could not support it and as the foundation crumbled the housing market followed. That foundation was the Gaussian copula which faile…

Market sectors play a key role in the efficient flow of capital through the modern Global economy. We analyze existing sectorization heuristics, and observe that the most popular - the GICS (which informs the S&P 500), and the NAICS (published by the U.S. Government) - are not entirely quantitatively driven, but rather…

Overparameterized models generalize well despite fitting noisy data.

The paper introduces fixed-point centralities for networks and graphons.

As relational datasets modeled as graphs keep increasing in size and their data-acquisition is permeated by uncertainty, graph-based analysis techniques can become computationally and conceptually challenging. In particular, node centrality measures rely on the assumption that the graph is perfectly known -- a premise …

A hypersurface $M$ in $\mathbb{R}^n$, $n \geq 4$, has central ovaloid property if $M$ intersects some hyperplane transversally along an ovaloid and every such ovaloid on $M$ has central symmetry. We show that a complete, connected, smooth hypersurface with central ovaloid property must either be a cylinder over a centr…

Central banks play a key role in promoting sustainable finance.

The purpose of this paper is to show how central extensions of (possibly infinite-dimensional) Lie algebras integrate to central extensions of étale Lie 2-groups. In finite dimensions, central extensions of Lie algebras integrate to central extensions of Lie groups, a fact which is due to the vanishing of π_2 for each …

Constructs examples of centrally harmonic spaces and shows they are not generically harmonic.

This paper identifies and bounds ICE central moments using PO marginal central moments.

Study shows volume density in central harmonic spaces can vary arbitrarily.

We determine the universal central extension of the Lie algebra of hamiltonian vector fields, thereby classifying its central extensions. Furthermore, we classify the central extensions of the Lie algebra of symplectic vector fields, of the Poisson Lie algebra, and of its compactly supported version.

Study Drinfeld centralizers and Rouquier complexes in homotopy categories.

Centralized exchanges influence staking behavior and decentralization in Proof of Stake blockchain ecosystems.

Criterion for lifting smooth contact maps between Carnot groups to central extensions.

FUSE neural centrality framework improves data point measurement in high dimensions.

Federated learning has become increasingly important for modern machine learning, especially for data privacy-sensitive scenarios. Existing federated learning mostly adopts the central server-based architecture or centralized architecture. However, in many social network scenarios, centralized federated learning is not…

We prove: If a complete connected smooth surface M in euclidean 3-space has general position, intersects some plane along a clean figure-8 (a loop with total curvature zero) and all compact intersections with planes have central symmetry, then M is a (geometric) cylinder over some central figure-8. On the way, we estab…

We show existence of centrally symmetric maps on surfaces all of whose faces are quadrangles and pentagons for each orientable genus $g \geq 0$. We also show existence of centrally symmetric maps on surfaces all of whose faces are hexagons for each orientable genus $g = 2k-1$, $k\in \mathbb{N}$. We enumerate centrally …

Paper proves CLTs for Q-learning with asynchronous updates.

We construct a sequence of commuting central affine curve flows on $R^n\backslash 0$ invariant under the action of $SL(n,R)$ and prove the following results: (a) The central affine curvatures of a solution of the j-th central affine curve flow is a solution of the j-th flow of Gelfand-Dickey (GD$_n$) hierarchy on the s…

The paper validates a centrality measure for financial networks during financial distress.

MakerDAO's governance is centralized despite its decentralized claim.

Most distributed machine learning systems nowadays, including TensorFlow and CNTK, are built in a centralized fashion. One bottleneck of centralized algorithms lies on high communication cost on the central node. Motivated by this, we ask, can decentralized algorithms be faster than its centralized counterpart? Althoug…

Each compact Riemannian manifold with no conjugate points admits a family of functions whose integrals vanish exactly when central Busemann functions split linearly. These functions vanish when all central Busemann functions are sub- or superharmonic. When central Busemann functions are convex or concave, they must be …

I show that the solution of a standard clearing model commonly used in contagion analyses for financial systems can be expressed as a specific form of a generalized Katz centrality measure under conditions that correspond to a system-wide shock. This result provides a formal explanation for earlier empirical results wh…

We construct some canonically defined central extensions of groups of symplectomorphisms. We show that this central extension is nontrivial in the case of a torus of dimension $\ge 6$ and in the case of a two-dimensional surface of genus $\ge 3$.

We present a geometric construction of central S^1-extensions of the quantomorphism group of a prequantizable, compact, symplectic manifold, and explicitly describe the corresponding lattice of integrable cocycles on the Poisson Lie algebra. We use this to find nontrivial central S^1-extensions of the universal cover o…

Central bank strategy to maintain currency exchange rate within limits.

Paper introduces input perturbation for privacy in machine learning models.

Classifies connections on central extensions and finds vanishing obstruction classes.

Research uses machine learning to find central nodes and cliques in YouTube social networks.

New bounds for average graph distance using curvature and centrality.

It was observed by Tod and later by Dunajski and Tod that the Boyer-Finley (BF) and the dispersionless Kadomtsev-Petviashvili (dKP) equations possess solutions whose level surfaces are central quadrics in the space of independent variables (the so-called central quadric ansatz). It was demonstrated that generic solutio…

In this study, we give the relationships between the conical curvatures of ruled surfaces drawn by the unit vectors of the ruling, central normal and central tangent of a regular ruled surface in the Euclidean -space. We obtain the differential equations characterizing slant ruled surfaces and if the reference ruled su…

Study of centralizer elements preserving geodesic flow foliations on covers.

We show that the canonical central extension of the group of sections of a Lie group bundle over a compact manifold, constructed in [NW09], is universal. In doing so, we prove universality of the corresponding central extension of Lie algebras in a slightly more general setting.

The paper derives the QGS equations using stochastic central extensions.

Proves CLT for Brownian paths on pinched negative curvature manifolds.

The independence of Central Banks is shown to be a myth.

Novel risk matrix for optimal portfolio choice with tail risk considerations.

Study finds significant price declines and capital reallocation from centralized to decentralized exchanges after FTX collapse.

Central limit theorem for Green metrics on hyperbolic groups.

We give a characterisation of central extensions of a Lie group G by the non-zero complex numbers in terms of a differential two-form on G and a differential one-form on GxG. This is applied to the case of the central extension of the loop group.