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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.

169,181 papers · 148 categories

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2955918861,181 · Jun 202019922001200920182026
48 results for multilevel methods

A new training method uses multilevel minimization for machine learning.

problem Training machine learning models with high variance and low efficiency.
method Constructs a multilevel hierarchy by reducing sample size and internally trains surrogate models with fewer samples.
result The multilevel method enhances model training efficiency compared to subsampled Newton's and variance reduction methods.

A new clustering method using transportation distance for multilevel data.

problem Multilevel clustering problems, especially with large datasets.
method Probabilistic approach based on composite transportation distance, solving a joint optimization problem over probability measures.
result Efficient and scalable solution for multilevel datasets, demonstrated on synthetic and real data.

Since Giles introduced the multilevel Monte Carlo path simulation method [18], there has been rapid development of the technique for a variety of applications in computational finance. This paper surveys the progress so far, highlights the key features in achieving a high rate of multilevel variance convergence, and su…

2012-12-06abs ↗pdf ↗

We develop a multilevel approach to compute approximate solutions to backward differential equations (BSDEs). The fully implementable algorithm of our multilevel scheme constructs sequential martingale control variates along a sequence of refining time-grids to reduce statistical approximation errors in an adaptive and…

2014-12-09abs ↗pdf ↗

We investigate the extension of the multilevel Monte Carlo path simulation method to jump-diffusion SDEs. We consider models with finite rate activity, using a jump-adapted discretisation in which the jump times are computed and added to the standard uniform dis- cretisation times. The key component in multilevel analy…

2011-06-23abs ↗pdf ↗

New training method for neural nets using multilevel entropic regularization.

problem Training efficiency and generalization bounds for neural nets.
method Multilevel relative entropy, chaining mutual information, Gibbs posterior distribution.
result Proves the Gibbs posterior achieves the unique minimum of the empirical risk minimization problem.

The paper proposes a method to learn discriminative multilevel dictionaries for supervised image classification.

problem Improving sparse representation for supervised image classification.
method Learning structured multilevel dictionaries with discriminative constraints for each class, using reconstruction errors of image patches.
result Competitive results compared to state-of-the-art methods on texture image classification.

A new method for multilevel clustering using Wasserstein distances.

problem Simultaneously partitioning data in groups and discovering group patterns.
method Joint optimization over spaces of discrete probability measures with Wasserstein distances.
result Consistency properties for estimates of local and global clusters established.

Efficiently price VIX options using multilevel Monte Carlo in rough Bergomi model.

problem Pricing VIX options in a rough Bergomi model with high computational complexity.
method Combining rectangle discretization, Cholesky sampling, and multilevel Monte Carlo.
result Reduced computational complexity to O(ε2log2(ε))\mathcal{O}(\varepsilon^{-2} \log^2(\varepsilon)) and asymptotically optimal O(ε2)\mathcal{O}(\varepsilon^{-2}).

A method learns to solve multilevel combinatorial problems with two players.

problem Multilevel combinatorial optimization problems with multiple players.
method Value-based multi-agent reinforcement learning in a graph neural network framework.
result Close to optimal solutions on graphs up to 100 nodes, with a significant speedup.

The paper introduces a multilevel initialization method for deep neural networks.

problem Training very deep neural networks with layer-parallel methods.
method Continuous interpretation of training as optimal control, using time-dependent ODEs for neural network discretization, and a refinement strategy across the time domain.
result The method creates deep networks with good initializations from coarser networks, reducing training time and providing regularization.

In medical domain, data features often contain missing values. This can create serious bias in the predictive modeling. Typical standard data mining methods often produce poor performance measures. In this paper, we propose a new method to simultaneously classify large datasets and reduce the effects of missing values.…

2015-03-21abs ↗pdf ↗

Improved Bayesian regression for large datasets using multilevel Gibbs sampling.

problem Efficiently handling large-scale Bayesian regression with complex posterior distributions.
method Developed a multilevel Gibbs sampler for linear mixed models, incorporating data clustering and correlated samples for variance reduction.
result Significant speed-up achieved for Bayesian regression without sacrificing predictive performance.

Monte Carlo is a simple and flexible tool that is widely used in computational finance. In this context, it is common for the quantity of interest to be the expected value of a random variable defined via a stochastic differential equation. In 2008, Giles proposed a remarkable improvement to the approach of discretizin…

2015-05-05abs ↗pdf ↗

Improved multilevel scheme for value-at-risk computation.

problem Discontinuity in Heaviside function affects value-at-risk computation.
method Adaptive multilevel stochastic approximation to mitigate discontinuity.
result Best complexity improved to O(ε2lnε52\varepsilon^{-2}|\ln{\varepsilon}|^\frac52).

New estimator reduces nested expectation estimation costs.

problem Estimating repeatedly nested expectations is computationally expensive.
method Recursive Estimator for Arbitrary Depth (READ) using randomized multilevel Monte Carlo.
result Optimal computational cost of O(ε^(-2)) for every fixed D.

We study the use of the multilevel Monte Carlo technique in the context of the calculation of Greeks. The pathwise sensitivity analysis differentiates the path evolution and reduces the payoff's smoothness. This leads to new challenges: the inapplicability of pathwise sensitivities to non-Lipschitz payoffs often makes …

2011-02-07abs ↗pdf ↗

Accelerates MCMC sampling for large-scale problems using machine learning.

problem Efficiently sampling large-scale Bayesian inference problems with high computational cost.
method Integrates low-fidelity machine learning models into a multilevel MCMC framework.
result Significantly accelerates multilevel sampling by a factor of two with similar accuracy.

Automates kernel discovery for longitudinal data analysis.

problem Handling irregularly sampled, sparse longitudinal data with multilevel correlation.
method Combines deep neural networks and non-parametric kernel methods to discover complex multilevel correlation structure.
result Significantly outperforms state-of-the-art methods on benchmark data sets.

Novel weak MLMC scheme for Lévy-driven SDEs, applied to financial derivatives pricing.

problem Approximating solutions to Lévy-driven SDEs for financial derivatives pricing.
method Weak multilevel Monte-Carlo scheme with state space discretization of Lévy processes.
result Efficient approximation of financial derivatives pricing models.

New method estimates mean exit times for diffusions and PDEs.

problem Estimating mean exit times and related functionals of stopped diffusions.
method Multilevel Monte Carlo method for mean exit times and PDE solutions.
result Complexity of O(ε2 ⁣logε3)O(\varepsilon^{-2}\, |\!\log \varepsilon|^3) for ε\varepsilon error.

This paper tackles fitting multilevel low rank matrices by addressing three problems.

problem Fitting a given matrix by an MLR matrix in the Frobenius norm.
method Factor fitting, rank allocation, and hierarchical partitioning.
result The proposed methods can fit a given matrix by an MLR matrix in the Frobenius norm.

Adaptive Multilevel Splitting improves rare event pricing for financial derivatives.

problem Efficient pricing of binary options in rare event regimes with discontinuous payoffs.
method Adaptive Multilevel Splitting (AMS) reformulates rare-event problem as conditional events.
result AMS achieves up to 200-fold improvements over standard Monte Carlo, preserving unbiasedness.

Proposes a method to reduce parallel complexity of MLMC in SGD.

problem Poor scalability of MLMC in SGD on parallel platforms.
method Proposes a delayed MLMC gradient estimator to reduce parallel complexity.
result Proves reduction in average parallel complexity per iteration at the cost of slightly worse convergence rate.

New deep learning methods improve solving FBSDEs without losing stability.

problem Solving high-dimensional nonlinear FBSDEs using classical methods is computationally infeasible.
method Inspired by deep learning, propose using deep learning architectures for FBSDEs and multilevel discretization.
result Multilevel discretization improves solution times by an order of magnitude.

A multilevel model combines genetic and imaging data for AD diagnosis.

problem Classification from multimodal genetic and brain imaging data with unbalanced contributions.
method Multilevel model with structured penalties for joint effects between modalities.
result The model reveals relationships between genes, brain regions, and disease status.