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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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6121723 · Jun 202619922001200920172026
48 results for moral absolutism

This paper argues for decolonizing AI alignment by incorporating open-source Hinduism concepts.

problem Coloniality in AI development and deployment, particularly in alignment practices.
method Proposes three forms of openness: model, societal, and excluded knowledge openness, using Hindu viśe\d{s}a-dharma.
result AI alignment should be decolonialized to avoid moral absolutism and better align with desired values.

Study optimal reinsurance contracts to prevent moral hazard under non-concave premium principles.

problem Preventing moral hazard in reinsurance contracts under non-concave premium principles.
method Develops optimal reinsurance contracts under a diffusion risk model with incentive compatibility constraints and extended distortion premium principles.
result An optimal reinsurance contract exists and is characterized by solving a double obstacle problem.

The paper solves an insurance problem using mean-variance and rank-dependent utility theory.

problem Formulating and solving an insurance problem with rank-dependent utility and mean-variance premium principle.
method Formulated as a non-concave maximization problem, then turned into a concave quantile optimization problem, solved using calculus of variations.
result An optimal insurance contract is derived and numerically computed.

Standard economic theory makes an allowance for the agency problem, but not the compounding of moral hazard in the presence of informational opacity, particularly in what concerns high-impact events in fat tailed domains (under slow convergence for the law of large numbers). Nor did it look at exposure as a filter that…

2013-08-05abs ↗pdf ↗

Study uses machine learning to estimate effective policies in settings with hidden individual actions.

problem Estimating effective policies in settings with hidden individual actions.
method Instrumental Regression and Generalized Method of Moments (GMM) estimator.
result Demonstrates how to estimate a good contract in principal-agent problems.

Pricing options is an important problem in financial engineering. In many scenarios of practical interest, financial option prices associated to an underlying asset reduces to computing an expectation w.r.t.~a diffusion process. In general, these expectations cannot be calculated analytically, and one way to approximat…

2016-08-11abs ↗pdf ↗

The paper examines how risk reduction and insurance choices interact under convex premium principles.

problem Interaction between self-protection and insurance demand under convex premium principles.
method Investigates optimal prevention efforts and insurance shares using distortion risk measures.
result Self-protection and insurance are complementary, but ex ante moral hazard can turn this into a substitution effect.

New formulations capture aversion to ambiguity about volatility.

problem Capturing aversion to ambiguity about unknown and time-varying volatility.
method Introduces novel preference formulations and compares them with existing models.
result Illustrates the impact of ambiguity aversion in static and dynamic models.

We consider a contracting problem in which a principal hires an agent to manage a risky project. When the agent chooses volatility components of the output process and the principal observes the output continuously, the principal can compute the quadratic variation of the output, but not the individual components. This…

2014-06-23abs ↗pdf ↗

Paper proposes synthetic data generator to study and mitigate bias in machine learning.

problem Bias in machine learning data can lead to unfair outcomes.
method Developed a synthetic data generator to introduce and analyze various types of bias.
result Demonstrated how synthetic data can be used to study and mitigate bias in machine learning models.

This paper addresses an open problem recently posed by V. Kozlov: a rigorous proof of the non-integrability of the geodesic flow on the cubic surface xyz=1x y z=1. We prove this is the case using the Morales-Ramis theorem and Kovacic algorithm. We also consider some consequences and extensions of this result.

2012-03-12abs ↗pdf ↗

Develops a Bonus-Malus model for cyber risk insurance to incentivize cybersecurity.

problem Lack of effective insurance strategies to incentivize cybersecurity.
method Proposes a Bonus-Malus model and a mathematical model with a numerical algorithm.
result Demonstrates how a Bonus-Malus system resolves moral hazard and benefits the insurer.

This paper optimizes reinsurance contracts with belief differences between insurer and reinsurer.

problem Dynamic reinsurance design with heterogeneous beliefs under mean-variance framework.
method Modeling surplus process, applying partitioned domain optimization, solving HJB system.
result Optimal reinsurance contracts with belief heterogeneity are more complex than standard contracts.

The behavior of geodesic curves on even seemingly simple surfaces can be surprisingly complex. In this paper we use the Hamiltonian formulation of the geodesic equations to analyze their integrability properties. In particular, we examine the behavior of geodesics on surfaces defined by the spherical harmonics. Using t…

2011-12-14abs ↗pdf ↗

This paper tackles causal representation learning from multiple distributions without hard interventions.

problem Recovering latent causal variables and their relations from multiple distributions.
method Develops general solutions for causal representation learning without hard interventions, under sparsity constraints and suitable change conditions.
result Recovering the moralized graph of the underlying directed acyclic graph and latent variables related to the underlying causal model.

We study grassmannians associated with a linear space with a nondegenerate hermitian form. The geometry of these grassmannians allows us to explain the relation between a (pseudo-)riemannian projective geometry and the conformal structure on its ideal boundary (absolute). Such relation encompasses, for instance, the us…

2009-07-26abs ↗pdf ↗

Combines absolute and relative wealth in portfolio optimization with power utility functions.

problem Optimizing portfolios with both absolute and relative wealth considerations.
method Integrates power utility functions for absolute and relative wealth, considering multiple benchmarks.
result Obtains an explicit solution for portfolio optimization combining absolute and relative wealth.

Absolutely partially hyperbolic surface endomorphisms have a coherent center foliation.

problem Understanding the dynamics of absolutely partially hyperbolic surface endomorphisms.
method Showed the existence of a center foliation and leaf conjugacy to the linearization.
result Absolutely partially hyperbolic surface endomorphisms have a dynamically coherent center foliation.

LLM sandbox and persona dynamics create unethical reality gaps that shift risk to users.

problem Ethical issues arise from LLMs generating reality gaps that shift risk to uninformed users.
method Analyzes the ethical implications of LLM sandbox and persona dynamics, comparing them to financial regulation and compliance.
result Active generation of reality gaps is unethical as it shifts epistemic risk to users.

The paper studies curves in Finsler-like spaces and their properties.

problem Investigating properties of curves in asymmetric metric spaces induced by Finsler structures.
method Analyzes three types of absolutely continuous curves in Finsler-like spaces and establishes the Lisini structure theorem.
result Characterizes the nature of absolutely continuous curves in terms of dynamical transference plans.

This paper discusses the financial risks faced by the UK Pension Protection Fund (PPF) and what, if anything, it can do about them. It draws lessons from the regulatory regimes under which other financial institutions, such as banks and insurance companies, operate and asks why pension funds are treated differently. It…

2011-03-30abs ↗pdf ↗

Study absolute continuity of Wasserstein barycenters on manifolds with singular cost functions.

problem Absolute continuity of Wasserstein barycenters on manifolds with singular cost functions.
method Approximation framework to handle singularity, geometrically transparent.
result Precise analytic condition on cost profile for necessary assumptions.

Alesker has introduced the space V(M)\mathcal V^\infty(M) of {\it smooth valuations} on a smooth manifold MM, and shown that it admits a natural commutative multiplication. Although Alesker's original construction is highly technical, from a moral perspective this product is simply an artifact of the operation of inters…

2014-08-18abs ↗pdf ↗

We show how to construct absolutely exotic smooth structures on compact 4-manifolds with boundary, including contractible manifolds. In particular, we prove that any compact smooth 4-manifold W with boundary that admits a relatively exotic structure contains a pair of codimension-zero submanifolds homotopy equivalent t…

2014-10-06abs ↗pdf ↗

In a recent joint work with V. Turaev (cf. math.DG/9810114) we defined a new concept of combinatorial torsion which we called absolute torsion. Compared with the classical Reidemeister torsion it has the advantage of having a well-defined sign. Also, the absolute torsion is defined for arbitrary orientable flat vector …

1999-03-23abs ↗pdf ↗

A compactum X is an `absolute cone' if, for each of its points x, the space X is homeomorphic to a cone with x corresponding to the cone point. In 1971, J. de Groot conjectured that each n-dimensional absolute cone is an n-cell. In this paper, we give a complete solution to that conjecture. In particular, we show that …

2005-07-19abs ↗pdf ↗

In this paper we use the results of our previous work in order to compute the phase of the torsion of an Euler structure in terms of its characteristic class. Also, we introduce here a new notion of an absolute torsion, which does not require a choice of any additional topological information (like an Euler structure).…

1998-10-06abs ↗pdf ↗

New field invariant refines real spectrum and relates to absolute Galois group.

problem Understanding field invariants related to absolute Galois groups.
method Introducing Artin-Schreier quandles and computing their properties for different types of fields.
result Artin-Schreier quandles provide relations between fields and their absolute Galois groups.

New method proves absolute continuity of Wasserstein barycenters on manifolds with lower Ricci curvature bound.

problem Proving absolute continuity of Wasserstein barycenters on manifolds with lower Ricci curvature bound.
method Introducing new displacement functionals exploiting Hessian equality and revisiting Souslin space theory, Dunford-Pettis theorem, and de la Vallée Poussin criterion for uniform integrability.
result Absolute continuity of Wasserstein barycenters is established for a general class of manifolds with lower Ricci curvature bound.