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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.

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139278417556 · Jun 202019922001200920172026
48 results for aggregation effects

Aggregation challenges causal interpretation of IV estimators.

problem Aggregation of fine-grained components into an aggregate treatment variable.
method Characterization of conditions for identifying aggregate causal effects.
result Standard IV estimators cannot identify aggregate causal effects due to ambiguous dependencies.

Aggregated variables can mask causal effects, turning unconfounded into confounded relations.

problem Aggregated variables can mask causal effects, leading to paradoxical confounding.
method Analysis of how aggregated variables can change the definition of causality and the feasibility of causal relations.
result Macro causal relations are defined by micro states, not just aggregated variables.

New aggregation method improves GNN robustness to structural perturbations.

problem Graph Neural Networks (GNNs) are vulnerable to adversarial attacks that manipulate graph structure.
method Proposes a robust aggregation function with a breakdown point of 0.5, inspired by robust statistics.
result Improves GNN robustness by a factor of 3 on Cora ML and 5.5 on Citeseer, and 8 for low-degree nodes.

Productivity and credit limits affect aggregate production in non-monotonic ways.

problem Understanding how aggregate production is influenced by individual characteristics and financial constraints.
method Analytical proof of non-monotonic effects of productivity and credit limits on aggregate production in a general equilibrium model.
result Equilibrium aggregate production can be non-monotonic in both individual productivity and credit limit.

Temporal aggregation reveals latent default correlation from monthly data.

problem Understanding effective default correlation from monthly default data.
method Temporal coarse-graining of latent default-probability paths.
result Temporal coarse-graining improves identifiability and reduces over-allocation of long-horizon fluctuations.

We empirically test the effects of unanticipated fiscal policy shocks on the growth rate and the cyclical component of real private output and reveal different types of asymmetries in fiscal policy implementation. The data used are quarterly U.S. observati ons over the period 1967:1 to 2011:4. In doing so, we use both …

2013-12-10abs ↗pdf ↗

We propose a dynamic neighborhood aggregation (DNA) procedure guided by (multi-head) attention for representation learning on graphs. In contrast to current graph neural networks which follow a simple neighborhood aggregation scheme, our DNA procedure allows for a selective and node-adaptive aggregation of neighboring …

2019-04-09abs ↗pdf ↗

An approach to distributed machine learning is to train models on local datasets and aggregate these models into a single, stronger model. A popular instance of this form of parallelization is federated learning, where the nodes periodically send their local models to a coordinator that aggregates them and redistribute…

2019-11-15abs ↗pdf ↗

MEVA aggregates model predictions to improve accuracy without needing model details.

problem Improving model accuracy by combining multiple models.
method Non-intrusive, data-driven framework that treats models as black boxes and optimizes aggregation methods.
result MVA outperforms MEA in estimating aggregated predictions, enhancing robustness and accuracy.

A firm with heterogeneous shareholders optimizes dividends under ambiguity aggregation.

problem Optimizing dividends for a firm with heterogeneous shareholders under ambiguity aggregation.
method Characterizing equilibrium dividends using a partition of the state space.
result Time-homogeneous equilibrium dividend law characterized by a partition of the state space.

Multidimensional data have become ubiquitous and are frequently encountered in situations where the information is aggregated over multiple data atoms. The aggregation can be over time or other features, such as geographical location. We often have access to multiple aggregated views of the same data, each aggregated i…

2019-10-26abs ↗pdf ↗

Graph convolutional neural networks (GCNNs) have been attracting increasing research attention due to its great potential in inference over graph structures. However, insufficient effort has been devoted to the aggregation methods between different convolution graph layers. In this paper, we introduce a graph attribute…

2019-05-14abs ↗pdf ↗

Temporal coarse-graining of latent default paths explains effective correlation in corporate defaults.

problem Understanding effective default correlation in corporate defaults.
method Temporal coarse-graining of latent default-probability paths, applied to corporate default-count data.
result Temporal coarse-graining provides a scale-consistent baseline that improves identifiability and reduces over-allocation of long-horizon fluctuations.

The paper examines how small positive dependence can lead to correlated tail risks.

problem Understanding the impact of dependence uncertainty on tail risk measures.
method Introducing a regular dependence measure and analyzing the aggregation of risks.
result Small positive dependence can result in perfectly correlated tail risks.

The study improves sentiment analysis of 10-K filings, revealing aggregation effects on accuracy and correlation with market outcomes.

problem Lack of sentiment analysis for 10-K filings, particularly for risk disclosures.
method Supervised lexicon-learning approach applied to 10-K filings and Item 1A risk-factor sections, trained against return and volatility labels at different levels of aggregation.
result Sentiment analysis of Item 1A sections performs better at the individual-firm level, while full-filing text is more accurate at sector and portfolio levels.

Improved defense against data poisoning attacks by aggregating smaller subsets.

problem Mitigating the impact of poisoned data on model robustness.
method Finite Aggregation method that combines duplicates of smaller disjoint subsets for training.
result Consistent improvement in certified robustness bounds, up to 4.77% on GTSRB.

Aggregation distorts causal discovery results but recovery is possible with partial linearity or prior.

problem Understanding how temporal aggregation affects causal discovery in aggregated data.
method Functional consistency and conditional independence consistency methods.
result Causal discovery results may be distorted by aggregation, but recovery is possible with certain conditions.

Noisy labeled data is more a norm than a rarity for crowd sourced contents. It is effective to distill noise and infer correct labels through aggregation results from crowd workers. To ensure the time relevance and overcome slow responses of workers, online label aggregation is increasingly requested, calling for solut…

2018-07-19abs ↗pdf ↗

A system for federated learning with private data, adding discrete Gaussian noise and secure aggregation.

problem Training models on private data distributed across devices while ensuring privacy.
method Discretizes data, adds discrete Gaussian noise, and uses secure aggregation to protect privacy.
result Matches the accuracy of central differential privacy with less than 16 bits of precision per value.

Proposes a method for private aggregation in heterogeneous federated learning.

problem Ensuring resilience to Byzantine clients and maintaining client data privacy in federated learning with heterogeneous data.
method Careful co-design of verifiable secret sharing, secure aggregation, and private information retrieval scheme.
result Achieves information-theoretic privacy guarantees and Byzantine resilience under data heterogeneity.

Aggregation defenses improve deep learning models' robustness against data poisoning attacks.

problem Data poisoning attacks manipulate deep learning models with malicious training samples.
method Deep Partition Aggregation, efficiency improvements, data-to-complexity ratio, poisoning overfitting phenomenon.
result Aggregation defenses boost poisoning robustness through the poisoning overfitting phenomenon.

Proposes a method for evaluating multiple dimensions of organizational effectiveness using DEA.

problem Evaluating multiple dimensions of organizational effectiveness in large data sets.
method Introduces two regularized DEA models (SBM and GP-SBM) to estimate both dimension-specific and aggregate efficiency scores.
result Demonstrates improved efficiency and validity compared to conventional methods.

We propose a cost-effective framework for preference elicitation and aggregation under the Plackett-Luce model with features. Given a budget, our framework iteratively computes the most cost-effective elicitation questions in order to help the agents make a better group decision. We illustrate the viability of the fram…

2018-05-14abs ↗pdf ↗

Policy-GNN optimizes GNN aggregation for diverse node iterations.

problem Optimizing GNN performance by varying aggregation iterations for different nodes.
method Policy-GNN uses a meta-policy framework with deep reinforcement learning to adaptively determine the number of aggregations for each node.
result Policy-GNN significantly outperforms state-of-the-art alternatives on real-world datasets.

Unified analytic account of correlation emergence and Epps effect in coupled limit order books

problem Correlation emergence and Epps effect in coupled limit order books
method Discrete random-walk description of order flow with creation, cancellation, and diffusion, coupled reaction-diffusion equations with moving reaction boundary
result Realized correlations as a function of aggregation time

GCNs improve regression tasks by aggregating neighbor signals.

problem GCNs' statistical properties in regression tasks are poorly understood.
method Examined two GCN convolutions and their impact on learning error.
result GCNs have a bias-variance trade-off that depends on neighborhood size and topology.

This paper compares two loss functions for learning from aggregated responses and introduces an interpolating estimator.

problem Learning from aggregated responses in privacy-sensitive settings.
method Investigates bag-level and instance-level loss functions, and introduces an interpolating estimator.
result Instance-level loss can be seen as a regularized form of bag-level loss, leading to improved estimators.

Proposes a novel MTL approach based on bias-variance analysis.

problem Improving multi-task learning performance through shared knowledge.
method Two-phase iterative aggregation of targets and features using bias-variance analysis.
result Validation on synthetic and real-world datasets demonstrates the effectiveness of the proposed method.

Researchers improve deep ensemble forecast aggregation methods.

problem Aggregating forecast distributions from deep ensembles for better predictive performance.
method Comprehensive analysis of twelve benchmark data sets, comparing probability- and quantile-based aggregation methods for three neural network-based approaches.
result A general quantile aggregation framework for deep ensembles improves predictive performance in various settings.

DEBIAS learns causal effects from psychiatric longitudinal data by optimizing outcome weights.

problem Causal inference challenges in psychiatric longitudinal data due to symptom heterogeneity and latent confounding.
method DEBIAS algorithm that optimizes outcome weights to maximize durable treatment effects and minimize confounding.
result DEBIAS consistently outperforms state-of-the-art methods in recovering causal effects for clinically interpretable composite outcomes.

FedBE aggregates local models into a robust global model via Bayesian inference.

problem Challenges in aggregating non-i.i.d. local models into a global model in federated learning.
method FedBE uses Bayesian inference to sample and combine higher-quality global models from local models.
result FedBE leads to more robust aggregation of local models into a global model, especially when data is non-i.i.d.

Graph Convolutional Networks (GCNs) have shown very powerful for graph data representation and learning tasks. Existing GCNs usually conduct feature aggregation on a fixed neighborhood graph in which each node computes its representation by aggregating the feature representations of all its neighbors which is biased by…

2019-09-04abs ↗pdf ↗

We discuss the origin of multiscaling in financial time-series and investigate how to best quantify it. Our methodology consists in separating the different sources of measured multifractality by analysing the multi/uni-scaling behaviour of synthetic time-series with known properties. We use the results from the synthe…

2015-09-17abs ↗pdf ↗