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 proves existence of equilibrium in incomplete economies with discontinuous volatility.
problem Existence of incomplete Radner equilibrium with nondegenerate endogenous volatility.
method Established existence of solution for Markovian quadratic BSDEs with discontinuous generators using unique continuation and backward uniqueness.
result Existence of incomplete Radner equilibrium with nondegenerate endogenous volatility.
We develop a general term structure framework taking stochastic discontinuities explicitly into account. Stochastic discontinuities are a key feature in interest rate markets, as for example the jumps of the term structures in correspondence to monetary policy meetings of the ECB show. We provide a general analysis of …
We consider the deformation of a discontinuous group acting on the Euclidean space by affine transformations. A distinguished feature here is that even a `small' deformation of a discrete subgroup may destroy proper discontinuity of its action. In order to understand the local structure of the deformation space of disc…
As early as 1972, Penrose - in a purely formal way - introduced a "discontinuous coordinate transformation", which relates a continuous representation of the metric of impulsive pp-waves to a discontinuous one. On the basis of the invertibility concept for generalized functions developed recently by the first author, w…
Causal inference from observational data is hard due to discontinuous causal effects.
problem Causal inference from observational data is hard due to discontinuous causal effects.
method The problem is tackled by showing that many standard point estimates can be read as point summaries of multimodal distributions over the space of structural causal models.
result Many standard point estimates can be discontinuous summaries, while explicit posterior means and medians are continuous.
This article gives an up-to-date account of the theory of discrete group actions on non-Riemannian homogeneous spaces. As an introduction of the motifs of this article, we begin by reviewing the current knowledge of possible global forms of pseudo-Riemannian manifolds with constant curvatures, and discuss what kind of …
We characterise completely when limit sets, as parametrised by Cannon-Thurston maps, move discontinuously for a sequence of algebraically convergent quasi-Fuchsian groups.
We show that there is a complete connected 2-dimensional Riemannian manifold with discontinuous isoperimetric profile, answering a question of Nardulli and Pansu.
Volunteer labor can temporarily yield lower benefits to charities than its costs. In such instances, organizations may wish to defer volunteer donations to a later date. Exploiting a discontinuity in blood donations' eligibility criteria, we show that deferring donors reduces their future volunteerism. In our setting, …
In this paper, we present a method for the accurate estimation of the derivative (aka.~sensitivity) of expectations of functions involving an indicator function by combining a stochastic algorithmic differentiation and a regression. The method is an improvement of the approach presented in [Risk Magazine April 2018]. T…
We study the properly discontinuous and isometric actions on the unit sphere of infinite dimensional Hilbert spaces and we get some new examples of Hilbert manifold with costant positive sectional curvature. We prove some necessary conditions for a group to act isometrically and properly discontinuously and in the case…
Selecting input variables or design points for statistical models has been of great interest in adaptive design and active learning. Motivated by two scientific examples, this paper presents a strategy of selecting the design points for a regression model when the underlying regression function is discontinuous. The fi…
In the framework of Lorentzian warped products, we study the Friedmann-Robertson-Walker cosmological model to investigate non-smooth curvatures associated with multiple discontinuities involved in the evolution of the universe. In particular we analyze non-smooth features of the spatially flat Friedmann-Robertson-Walke…
In the present paper, we prove that no infinite group acts isometrically, effectively, and properly discontinuously on a certain class of Lorentzian manifolds that are not necessarily homogeneous.
We develop a new Low-level, First-order Probabilistic Programming Language (LF-PPL) suited for models containing a mix of continuous, discrete, and/or piecewise-continuous variables. The key success of this language and its compilation scheme is in its ability to automatically distinguish parameters the density functio…
In this article we study properly discontinuous actions on Hilbert manifolds giving new examples of complete Hilbert manifolds with nonnegative, respectively nonpositive, sectional curvature with infinite fundamental group. We also get examples of complete infinite dimensional Kähler manifolds with positive holomorphic…
Let X be a CAT(0) space, and G a discrete cyclic group of isometries of X. We investigate the domain of discontinuity for the action of G on the boundary ∂X.
We study the action of the group of polynomial automorphisms of C^n (n>2) which preserve the Markoff-Hurwitz polynomial H(x):= x_1^2 + x_2^2 + ... + x_n^2 - x_1 x_2 ... x_n. Our main results include the determination of the group, the description of a non-empty open subset of C^n on which the group acts properly discon…
Motivated by the work of McCarthy and Papadopoulos for subgroups of mapping class groups, we construct domains of proper discontinuity in the compactified Outer space and in the projectivized space of geodesic currents for any "sufficiently large" subgroup of Out(FN) (that is, a subgroup containing a hyperbolic iwip…