arXiv research

Green stocks show less factor exposure heterogeneity compared to brown stocks.

Investment managers face harder choices in green stocks due to reduced performance variability.

The paper analyzes how ESG investors can prioritize green stocks without sacrificing overall wealth.

This note will extend the research presented in Brown & Rogers (2009) to the case of CRRA agents. We consider the model outlined in that paper in which agents had diverse beliefs about the dividends produced by a risky asset. We now assume that the agents all have CRRA utility, with some integer coefficient of relative…

Modeling stock price fluctuations using Brownian motion and stochastic differential equations.

We prove that Student's t-distribution provides one of the better fits to returns of S&P component stocks and the generalized inverse gamma distribution best fits VIX and VXO volatility data. We further argue that a more accurate measure of the volatility may be possible based on the fact that stock returns can be unde…

Compact method proves Brown-York mass positivity and connects to major conjectures.

We construct Hodge filtered function spaces associated to infinite loop spaces. For Brown-Peterson cohomology, we show that the corresponding Hodge filtered spaces satisfy an analog of Wilson's unstable splitting. As a consequence, we obtain an analog of Quillen's theorem for Hodge filtered Brown-Peterson cohomology fo…

Study of Brown--York mass for four-dimensional asymptotically flat manifolds.

Suppose that a topological space $X$ is the union of an increasing sequence of open subsets each of which is homeomorphic to the Euclidean space $R^n$. Then $X$ itself is homeomorphic to $R^n$. This is an old theorem of Morton Brown. We observe that this theorem is an immediate consequence of other two theorems of Mort…

In this short note, we prove positivity of Brown-York mass under quasi-positive boundary data which generalize some previous results by the authors. The corresponding rigidity result is obtained.

In this paper, we will show that the limit of the Brown-York mass of a family of convex revolution surfaces in an asymptotically Schwarzschild manifold is the ADM mass.

In this paper, we will study the limiting behavior of the Brown-York mass of the coordinate spheres in an asymptotically flat manifold. Limiting behaviors of volumes of regions related to coordinate spheres are also obtained, including a discussion on the isoperimetric mass introduced by Huisken \cite{Huisken}. We will…

We will extend partially our previous results about the limit of the Brown-York mass of a family of convex revolution surfaces in the Schwarzschild manifold such that these surfaces may have unbounded ratios of their radii.

In our book on cohomological methods in transformation groups the minimal Hirsch-Brown model was used to good effect. The construction there, however, was rather abstract. Here, for smooth compact connected Lie group actions on smooth closed manifolds, we give a much more explicit construction of the minmal Hirsch-Brow…

We construct an invariant of parametrized generic real algebraic surfaces in RP^3 which generalizes the Brown invariant of immersed surfaces from smooth topology. The invariant is constructed using the self intersection, which is a real algebraic curve with points of three local characters: the intersection of two real…

Extends ASRF model for green and brown loans, accounting for systematic and idiosyncratic risks.

Compact proof for Brown-York mass positivity and rigidity in flat and spherical spaces.

We discuss some geometric problems related to the definitions of quasilocal mass proposed by Brown-York \cite{BYmass1} \cite{BYmass2} and Liu-Yau \cite{LY1} \cite{LY2}. Our discussion consists of three parts. In the first part, we propose a new variational problem on compact manifolds with boundary, which is motivated …

Proves well-posedness for Einstein equations with specific boundary data.

We present a quasi-local version of the stability of the positive mass theorem. We work with the Brown--York quasi-local mass as it possesses positivity and rigidity properties, and therefore the stability of this rigidity statement can be studied. Specifically, we ask if the Brown--York mass of the boundary of some co…

We give some lower estimates of the ADM mass of an asymptotically flat (AF) Riemannian manifold without assuming that the scalar curvature of the manifold is nonnegative. Some sufficient conditions for an AF manifold to have nonnegative ADM mass are obtained. We also give some lower estimates of the Brown-York mass of …

We show that the limit at infinity of the vector-valued Brown-York-type quasi-local mass along any coordinate exhaustion of an asymptotically hyperbolic $3$-manifold satisfying the relevant energy condition on the scalar curvature has the conjectured causal character. Our proof uses spinors and relies on a Witten-type …

Study geometric inequalities and boundary estimates for Einstein-type manifolds with boundary.

We determine the optimal strategy for investing in a Black-Scholes market in order to maximize the probability that wealth at death meets a bequest goal $b$, a type of goal-seeking problem, as pioneered by Dubins and Savage (1965, 1976). The individual consumes at a constant rate $c$, so the level of wealth required fo…

The study assesses carbon risk in investment portfolios and proposes new management strategies.

Solves a problem related to classifying spaces for proper actions and Nielsen Realization.

In this article, we investigate the connection between scalar curvature and first eigenfunctions via positive mass theorem for Brown-York mass. For compact manifolds with nice boundary, we show that a sharp inequality holds for first eigenfunctions when posing appropriate assumptions on scalar curvature and first eigen…

Study invariants of null-homologous knots in thickened surfaces.

Study on quasi-Einstein manifolds with boundary estimates and inequalities.

The Besse's conjecture was posted on the well-known book Einstein manifolds by Arthur L. Besse, which describes the critical point of Hilbert-Einstein functional with constraint of unit volume and constant scalar curvature. In this article, we show that there is an interesting connection between Besse's conjecture and …

We study the supremum of the total mean curvature on the boundary of compact, mean-convex 3-manifolds with nonnegative scalar curvature, and a prescribed boundary metric. We establish an additivity property for this supremum and exhibit rigidity for maximizers assuming the supremum is attained. When the boundary consis…

In this paper, we study Lipschitz-Fredholm vector fields on Bounded-Fréchet-Finsler manifolds. In this context we generalize the Morse-Sard-Brown theorem, asserting that if $M$ is a connected smooth bounded-Fréchet-Finsler manifold endowed with a strengthened connection $\mathcal{K}$ and if $ξ$ is a smooth Lipschitz-Fr…

Generalizes nonnegativity result for Brown-York mass using noncompact fill-ins.

New groups can't be fundamental groups of symplectic Calabi-Yau manifolds.

Our main aim is to associate a holonomy Lie groupoid to the connective structure of an abelian gerbe. The construction has analogies with a procedure for the holonomy Lie groupoid of a foliation, in using a locally Lie groupoid and a globalisation procedure. We show that path connections and 2-holonomy on line bundles …

Study the mass of flat 3-manifolds with boundary using specific methods.

Hougthon's groups H_n is a family of groups where each H_n consists of `translations at infinity' on n rays of discrete points emanating from the origin on the plane. Brown shows H_n has type FP_n-1 but not FP_n by constructing infinite dimensional cell complex on which H_n acts with certain conditions. We modify his i…

We compute the equivariant bordism of free oriented $(\mathbb{Z}/p)^n$-manifolds as a module over $Ω_*^{SO}$, when $p$ is an odd prime. We show, among others, that this module is canonically isomorphic to a direct sum of suspensions of multiple tensor products of $Ω^{SO}_*(B \mathbb{Z}/p)$, and that it is generated by …

New $p$-colorable subgroup derived from Thompson's group.

In this article, we found a connection between Brown-York mass and the first Dirichlet Eigenvalue of a Schrödingier type operator. In particular, we proved a local positive mass type theorem for metrics conformal to the background one with suitable presumptions. As applications, we investigated compactly conformal defo…

In his Inventiones paper, Ziller (Invent. Math: 1-22, 1977) computed the integral homology as a graded abelian group of the free loop space of compact, globally symmetric spaces of rank 1. Chas and Sullivan (String Topology, 1999)showed that the homology of the free loop space of a compact closed orientable manifold ca…

On asymptotically flat and asymptotically hyperbolic manifolds, by evaluating the total mass via the Ricci tensor, we show that the limits of certain Brown-York type and Hawking type quasi-local mass integrals equal the total mass of the manifold in all dimensions.

In this note we provide natural optimal geometric conditions for a Riemannian manifold suitably covered by two open metric balls to be homeomorphic to a sphere. This can be viewed as a geometric analogue of Brown's theorem in topology stating that a closed manifold covered by two topological balls is a sphere.

We provide a direct proof for the positivity of Chen-Nester-Tung quasi-local energy with analytic reference in spherical symmetry. A hoop-type theorem for this energy is also established. Finally, the relation between Chen-Nester-Tung and Brown-York quasi-local energies will be discussed.

We generalize a class of groups introduced by Herbert Abels to produce examples of virtually torsion free groups that have Bredon-finiteness length m-1 and classical finiteness length n-1 for all 0 < m <= n. The proof illustrates how Bredon-finiteness properties can be verified using geometric methods and a version of …

Paper improves Fisher information estimation methods.

In this paper, we will show that the limit of some quasilocal mass integrals of the coordinate spheres in an asymptotically hyperbolic (AH) manifold is the mass integral of the AH manifold. This is the analogue of the well known result that the limit of the Brown-York mass of coordinate spheres is the ADM mass in an as…