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.
Study examines how market dynamics affect emissions trading prices and abatement efforts.
Modeling climate change costs with stochastic interest rates shows inequality, but funding abatement can reduce this.
Model shows how discount rates affect intergenerational equity in climate mitigation.
Optimal dynamic allocation of carbon allowances reduces emissions efficiently.
The study examines how climate risk influences sovereign debt default decisions.
Defines an implied CO2-price to cover climate change costs, finding it significantly higher than the SCC.
Model predicts carbon price for green tech adoption.
Optimizes gradual reduction of excess carbon emissions to net-zero.
Using open source data, we observe the fascinating dynamics of nighttime light. Following a global economic regime shift, the planetary center of light can be seen moving eastwards at a pace of about 60 km per year. Introducing spatial light Gini coefficients, we find a universal pattern of human settlements across dif…
Study geodesics of meromorphic connections on Riemann surfaces.
We study optimal behavior of energy producers under a CO_2 emission abatement program. We focus on a two-player discrete-time model where each producer is sequentially optimizing her emission and production schedules. The game-theoretic aspect is captured through a reduced-form price-impact model for the CO_2 allowance…
Unified framework for growth models with environmental risk and pollution-dependent disasters.
The paper proposes a method to measure fairness through equality of effort using algorithmic recourse.
Accurate annotation of medical image is the crucial step for image AI clinical application. However, annotating medical image will incur a great deal of annotation effort and expense due to its high complexity and needing experienced doctors. To alleviate annotation cost, some active learning methods are proposed. But …
Modeling pollution from competing firms using mean-field games.
Investor and firm optimize sustainable investment and emission reduction through a dynamic game.
Reduces test set maintenance effort by 80-100%.
Replication study shows Deep-SE still not as effective as previously thought for agile effort estimation.
Adaptive Bernstein copulas improve risk management by preventing overfitting and reducing simulation effort.
At the core of interpretable machine learning is the question of whether humans are able to make accurate predictions about a model's behavior. Assumed in this question are three properties of the interpretable output: coverage, precision, and effort. Coverage refers to how often humans think they can predict the model…
Algorithms are often used to produce decision-making rules that classify or evaluate individuals. When these individuals have incentives to be classified a certain way, they may behave strategically to influence their outcomes. We develop a model for how strategic agents can invest effort in order to change the outcome…
Optimal contracts are found for agents with quadratic effort costs.
Software development effort estimation is considered a fundamental task for software development life cycle as well as for managing project cost, time and quality. Therefore, accurate estimation is a substantial factor in projects success and reducing the risks. In recent years, software effort estimation has received …
We put together some of the efforts by several people of making aspects of fibre bundle theory into algebra. The initiator of these efforts was Charles Ehresmann, who put the notion of groupoid and groupoid action in the focus of fibre bundle theory in general, and in connection theory in particular.
This paper makes the first attempt to introduce the tools from computer graphics into the art pricing research. We argue that the creation of a painting calls for a combination of conceptual effort and painting effort from the artist. However, as the important price determinants, both efforts are long missing in the tr…
China and EU race to develop hydrogen for energy transition.
We study investment strategy in different models of financial markets, where the investors cannot reach a perfect knowledge about available assets. The investor spends a certain effort to get information; this allows him to better choose the investment strategy, and puts a selective pressure upon assets. The best strat…
Conversion of raw data into insights and knowledge requires substantial amounts of effort from data scientists. Despite breathtaking advances in Machine Learning (ML) and Artificial Intelligence (AI), data scientists still spend the majority of their effort in understanding and then preparing the raw data for ML/AI. Th…
The paper introduces new metrics on complex domains with specific geometric properties.
We present an approach to interactive-predictive neural machine translation that attempts to reduce human effort from three directions: Firstly, instead of requiring humans to select, correct, or delete segments, we employ the idea of learning from human reinforcements in form of judgments on the quality of partial tra…
Optimal linear contracts are possible even with memory in Gaussian settings.
Uncertainty computation in deep learning is essential to design robust and reliable systems. Variational inference (VI) is a promising approach for such computation, but requires more effort to implement and execute compared to maximum-likelihood methods. In this paper, we propose new natural-gradient algorithms to red…
Many leading classification algorithms output a classifier that is a weighted average of kernel evaluations. Optimizing these weights is a nontrivial problem that still attracts much research effort. Furthermore, explaining these methods to the uninitiated is a difficult task. Letting all the weights be equal leads to …
We consider effort allocation in crowdsourcing, where we wish to assign labeling tasks to imperfect homogeneous crowd workers to maximize overall accuracy in a continuous-time Bayesian setting, subject to budget and time constraints. The Bayes-optimal policy for this problem is the solution to a partially observable Ma…
AI task delegation faces incentive collapse with unbounded payments as AI accuracy rises.
Bayesian optimization reduces computational effort in aircraft design optimization.
Research explores how local communities and corporations interact in finance.
Although there has been substantial research in software analytics for effort estimation in traditional software projects, little work has been done for estimation in agile projects, especially estimating user stories or issues. Story points are the most common unit of measure used for estimating the effort involved in…
The majority of data scientists and machine learning practitioners use relational data in their work [State of ML and Data Science 2017, Kaggle, Inc.]. But training machine learning models on data stored in relational databases requires significant data extraction and feature engineering efforts. These efforts are not …
Study improves domain adaptation with limited labeled data.
Drug-Drug Interactions (DDIs) Extraction refers to the efforts to generate hand-made or automatic tools to extract embedded information from text and literature in the biomedical domain. Because of restrictions in hand-made efforts and their lower speed, Machine-Learning, or Deep-Learning approaches have become more po…
The calculation of minimum energy paths for transitions such as atomic and/or spin re-arrangements is an important task in many contexts and can often be used to determine the mechanism and rate of transitions. An important challenge is to reduce the computational effort in such calculations, especially when ab initio …
Recent research has shown that although Reinforcement Learning (RL) can benefit from expert demonstration, it usually takes considerable efforts to obtain enough demonstration. The efforts prevent training decent RL agents with expert demonstration in practice. In this work, we propose Active Reinforcement Learning wit…
Evaluation of deep reinforcement learning (RL) is inherently challenging. In particular, learned policies are largely opaque, and hypotheses about the behavior of deep RL agents are difficult to test in black-box environments. Considerable effort has gone into addressing opacity, but almost no effort has been devoted t…
Study optimizes prediction intervals in conformal regression.
PANDA improves linear discriminant analysis in high dimensions with minimal tuning.
Consequential decision-making typically incentivizes individuals to behave strategically, tailoring their behavior to the specifics of the decision rule. A long line of work has therefore sought to counteract strategic behavior by designing more conservative decision boundaries in an effort to increase robustness to th…
We design an active learning algorithm for cost-sensitive multiclass classification: problems where different errors have different costs. Our algorithm, COAL, makes predictions by regressing to each label's cost and predicting the smallest. On a new example, it uses a set of regressors that perform well on past data t…