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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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5771,1531,7302,306 · Jun 202019922001200920172026
48 results for adjustment for chance

This paper proposes a method to safely adjust exploration in RL to satisfy constraints.

problem Unsafe exploration in reinforcement learning violates constraints on controlled object states.
method Automatic adjustment of exploration inputs and variance-covariance matrix for safety.
result The method guarantees satisfaction of joint chance constraints with specified probability.

Adjusted for chance measures are widely used to compare partitions/clusterings of the same data set. In particular, the Adjusted Rand Index (ARI) based on pair-counting, and the Adjusted Mutual Information (AMI) based on Shannon information theory are very popular in the clustering community. Nonetheless it is an open …

2015-12-03abs ↗pdf ↗

This note explores the mathematical theory to solve modern gamblers ruin problems. We establish a ruin framework and solve for the probability of bankruptcy. We also show how this relates to the expected time to bankruptcy and review the risk neutral probabilities associated an adjustment to asymmetrical views.

2014-03-24abs ↗pdf ↗

Estimating the strength of dependency between two variables is fundamental for exploratory analysis and many other applications in data mining. For example: non-linear dependencies between two continuous variables can be explored with the Maximal Information Coefficient (MIC); and categorical variables that are depende…

2015-10-27abs ↗pdf ↗

Proposes a new method to rank risky investments based on Omega measure.

problem Evaluating and ranking risky investment projects.
method Introduces an investment certainty equivalence approach and uses the Omega measure.
result Proposed method ranks projects differently from conventional risk-adjusted discount rate (RADR) approach.

Two-stage TMLE reduces bias and improves efficiency in CRTs.

problem Differential outcome measurement and imbalance in baseline predictors in CRTs.
method Two-stage targeted minimum loss-based estimator (TMLE) to adjust for baseline covariates.
result Our approach nearly eliminates bias due to differential outcome measurement.

A new model of learning corrects for chance to improve learning outcomes.

problem The importance of chance-corrected measures in learning.
method Developed two models: Informatron and AdaBook, based on empirical psychological results.
result Chance correction facilitates learning, as shown by computational results.

LFD method improves text classification by making features clearer and less label-leaking.

problem Creating interpretable text representations that are both predictive and understandable.
method LFD method: proposes lexical and semantic features from contrastive text pairs, screens candidates using κκ, and selects features by residual gain.
result LFD features achieve higher human-human and human-LLM agreement than baseline concepts and are less label-leaking.

Chance-constrained ActInf allows for small violations of constraints to drive goal-directed behavior.

problem Goal-directed behavior constrained by prior beliefs.
method Introducing chance constraints to ActInf, allowing for small violations of constraints.
result Chance-constrained ActInf allows for a trade-off between robust control and chance constraint violation.

This work proposes an online learning approach to tighten constraints in stochastic control problems.

problem Solving chance-constrained stochastic optimal control problems is computationally challenging.
method Reformulate chance constraints as a binary regression problem and use a GP model to learn constraint-tightening parameters online.
result The approach tightens constraints more effectively, leading to lower costs in numerical experiments.

CPP solves chance constrained optimization problems with a framework that combines samples and quantile lemma.

problem Chance constrained optimization problems with constraints on random variables.
method CPP framework using samples and quantile lemma to transform into deterministic problem.
result CPP provides a posteriori guarantees on constraint satisfaction and can handle different types of chance constraints.

A scalable method for deep metric learning using chance constraints.

problem Improving deep metric learning by addressing feasibility issues.
method Relating DML to chance constraints, reformulating as a feasibility problem, and iteratively training proxies.
result The method effectively improves deep metric learning performance across multiple benchmarks.

Does adding a theorem to a paper affect its chance of acceptance? Does labeling a post with the author's gender affect the post popularity? This paper develops a method to estimate such causal effects from observational text data, adjusting for confounding features of the text such as the subject or writing quality. We…

2019-05-29abs ↗pdf ↗

The paper tackles online resource allocation with uncertain coefficients and chance constraints.

problem Online stochastic resource allocation problem with chance constraints.
method Linearization and primal-dual algorithms with heuristic corrections.
result Optimality gap and constraint violation are on the order of √n.

We discuss the role of integrated chance constraints (ICC) as quantitative risk constraints in asset and liability management (ALM) for pension funds. We define two types of ICC: the one period integrated chance constraint (OICC) and the multiperiod integrated chance constraint (MICC). As their names suggest, the OICC …

2015-03-18abs ↗pdf ↗

A new method uses GANs for robust optimization under uncertain data.

problem Optimizing supply chains under demand uncertainty with ambiguous distributions.
method Generative adversarial networks (GANs) for data-driven distributionally robust chance constrained programming.
result The approach effectively handles uncertain data distributions and improves supply chain optimization.

Study scaling of optimal solutions for reliability constraints in resource provisioning.

problem Achieving high reliability in resource provisioning under stringent requirements.
method Chance-constrained optimization, distributionally robust optimization, f-divergence balls, line search.
result Correct scaling properties of optimal decisions are preserved by using appropriate f-divergence balls, leading to conservative yet near-optimal solutions.

We consider large-scale studies in which it is of interest to test a very large number of hypotheses, and then to estimate the effect sizes corresponding to the rejected hypotheses. For instance, this setting arises in the analysis of gene expression or DNA sequencing data. However, naive estimates of the effect sizes …

2014-05-16abs ↗pdf ↗

The concepts of risk-aversion, chance-constrained optimization, and robust optimization have developed significantly over the last decade. Statistical learning community has also witnessed a rapid theoretical and applied growth by relying on these concepts. A modeling framework, called distributionally robust optimizat…

2019-08-13abs ↗pdf ↗

GP CC-OPF solves uncertain power grid optimization with Gaussian Process.

problem Uncertainty in power grid operations due to high renewables integration.
method Data-driven Gaussian Process regression for solving non-convex CC-OPF problem.
result Effective economic dispatch optimization in uncertain power grids.

Bayesian method optimizes uncertain constraints in black-box function optimization.

problem Optimizing black-box functions with uncertain environmental variables.
method Distributionally robust chance-constrained Bayesian optimization.
result The method can find accurate solutions with high probability in a finite number of trials.

Paper proposes a fast data-driven AC-OPF method using sparse hybrid Gaussian processes.

problem Optimizing electricity generation and delivery under generation uncertainty in modern power grids.
method Data-driven approach using sparse hybrid Gaussian processes to model power flow equations.
result Shows up to two times faster and more accurate solutions compared to state-of-the-art methods.

Bayesian method approximates intractable stochastic programs with chance constraints.

problem Designing systems with stochastic constraints and chance constraints.
method Variational Bayesian approach to approximate posterior predictive integral.
result The solution set converges to the true solution set as the number of observations increases.

The paper critiques and expands on common evaluation metrics in machine learning.

problem The common evaluation metrics like Precision, Recall, F-Measure, and Rand Accuracy are biased and misleading.
method The paper introduces new measures like Informedness, Markedness, and Correlation to better reflect the quality of predictions.
result A system that performs worse in terms of Informedness can appear better using common measures like Precision and Recall.

The paper uses machine learning to optimize rework policies in semiconductor manufacturing.

problem Optimizing rework steps to increase yield without increasing costs.
method Applied double/debiased machine learning (DML) to estimate treatment effects.
result Derived optimal rework policies and estimated their value empirically.

This paper provides a non-robust interpretation of the distributionally robust optimization (DRO) problem by relating the distributional uncertainties to the chance probabilities. Our analysis allows a decision-maker to interpret the size of the ambiguity set, which is often lack of business meaning, through the chance…

2019-06-03abs ↗pdf ↗

Optimizes financial decisions with illiquid assets using Kelly criterion.

problem Determining optimal betting strategies in games with external capital constraints.
method Dynamic programming and WKB approximation for multi-round games; Kelly criterion for single-round games.
result Rational players adjust their risk-taking based on the proportion of their capital locked away.

Paper develops robust OPF method using contextual information.

problem Optimal Power Flow problem under incomplete uncertainty knowledge.
method Distributionally robust chance-constrained formulation with probability trimmings and optimal transport.
result Distributional robustness improves expected cost and system reliability.

G-computation improves clinical trial power with machine learning.

problem Balancing prognostic factors in randomized trials to prevent near-confounders.
method G-computation with penalized models (Lasso, Elasticnet) and algorithm-based methods (neural network, SVM, super learner).
result G-computation with Elasticnet and splines reduces variance and increases power in RCTs.

Optimizes power systems with energy storage under uncertainty using scenario-based method.

problem Optimizing power systems with energy storage, intermittent renewable generation, and uncontrollable loads under uncertainty.
method Developed a novel solution method based on scenario optimization and strategic sampling to solve the chance-constrained optimal power system operation problem.
result The strategic sampling method significantly improves computational efficiency and data-driven convex approximation of power flow.

Generalizes information theory for hierarchical partitions.

problem Understanding hierarchical decomposition of complex systems.
method Introducing a generalization of information theory for hierarchical partitions, revisiting Hierarchical Mutual Information (HMI), and proving its bounds and transformations.
result Derives hierarchical generalizations of information-theoretic quantities, including a non-metric variation of information.

Neuron-specific dropout reduces overfitting and data needs for neural networks.

problem Overfitting and insufficient training data for deep neural networks.
method Compares training and validation passes of a layer, drops targeted neurons based on feature analysis.
result Achieves similar or better testing accuracy with less data, reducing overfitting.