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.
Paper generalizes bipolar theorems for non-negative random variables.
We prove the Fundamental Theorem of Asset Pricing for a discrete time financial market where trading is subject to proportional transaction cost and the asset price dynamic is modeled by a family of probability measures, possibly non-dominated. Using a backward-forward scheme, we show that when the market consists of a…
Develops a new essential supremum concept for financial models.
In a discrete time and multiple-priors setting, we propose a new characterisation of the condition of quasi-sure no-arbitrage which has become a standard assumption. This characterisation shows that it is indeed a well-chosen condition being equivalent to several previously used alternative notions of no-arbitrage and …
We consider a nondominated model of a discrete-time financial market where stocks are traded dynamically, and options are available for static hedging. In a general measure-theoretic setting, we show that absence of arbitrage in a quasi-sure sense is equivalent to the existence of a suitable family of martingale measur…
We study robust stochastic optimization problems in the quasi-sure setting in discrete-time. The strategies in the multi-period-case are restricted to those taking values in a discrete set. The optimization problems under consideration are not concave. We provide conditions under which a maximizer exists. The class of …
We prove the superhedging duality for a discrete-time financial market with proportional transaction costs under model uncertainty. Frictions are modeled through solvency cones as in the original model of [Kabanov, Y., Hedging and liquidation under transaction costs in currency markets. Fin. Stoch., 3(2):237-248, 1999]…
Characterizes super-replication prices in a financial market model.
We unify and establish equivalence between the pathwise and the quasi-sure approaches to robust modelling of financial markets in discrete time. In particular, we prove a Fundamental Theorem of Asset Pricing and a Superhedging Theorem, which encompass the formulations of [Bouchard, B., & Nutz, M. (2015). Arbitrage and …
Paper establishes robust no-arbitrage conditions under projective determinacy.
We study a robust stochastic optimization problem in the quasi-sure setting in discrete-time. We show that under a lineality-type condition the problem admits a maximizer. This condition is implied by the no-arbitrage condition in models of financial markets. As a corollary, we obtain existence of an utility maximizer …
We study the optimal transport between two probability measures on the real line, where the transport plans are laws of one-step martingales. A quasi-sure formulation of the dual problem is introduced and shown to yield a complete duality theory for general marginals and measurable reward (cost) functions: absence of a…
Using Vovk's outer measure, which corresponds to a minimal superhedging price, the existence of quadratic variation is shown for "typical price paths" in the space of càdlàg functions possessing a mild restriction on the jumps directed downwards. In particular, this result includes the existence of quadratic variation …
We study stochastic differential equations (SDEs) whose drift and diffusion coefficients are path-dependent and controlled. We construct a value process on the canonical path space, considered simultaneously under a family of singular measures, rather than the usual family of processes indexed by the controls. This val…
Investor optimizes investment strategy under model uncertainty and random utility.
The equivalence (or weak equivalence) classes of orientation-preserving free actions of a finite group G on an orientable 3-dimensional handlebody of genus g can be enumerated in terms of sets of generators of G. They correspond to the equivalence classes of generating n-vectors of elements of G, where n=1+(g-1)/|G|, u…
Infinitely many unique ways to generate a surface's mapping class group.
The paper shows that relaxing assumptions about causal graphs can lead to exponentially large equivalence classes.
New R-equivalence classes found for torus knot diagrams.
Paper proves polynomial equivalence of quantum complexity metrics.
We examine an equivalence relation between free homotopy classes of closed curves on the pair of pants known as k-equivalence, a generalization of a concept previously defined by Leininger. We prove that two classes of closed curves on the pair of pants that are k-equivalent must also be 1-equivalent and 2-equivalent. …
The sizes of Markov equivalence classes of directed acyclic graphs play important roles in measuring the uncertainty and complexity in causal learning. A Markov equivalence class can be represented by an essential graph and its undirected subgraphs determine the size of the class. In this paper, we develop a method to …
Complex equivalence classes found in graph homotopy.
Different directed acyclic graphs (DAGs) may be Markov equivalent in the sense that they entail the same conditional independence relations among the observed variables. Meek (1995) characterizes Markov equivalence classes for DAGs (with no latent variables) by presenting a set of orientation rules that can correctly i…
We give a complete list of the cobounded actions of solvable Baumslag-Solitar groups on hyperbolic metric spaces up to a natural equivalence relation. The set of equivalence classes carries a natural partial order first introduced by Abbott-Balasubramanya-Osin, and we describe the resulting poset completely. There are …
New findings on 3-manifolds using Heegaard Floer theory.
Graphical models are popular statistical tools which are used to represent dependent or causal complex systems. Statistically equivalent causal or directed graphical models are said to belong to a Markov equivalent class. It is of great interest to describe and understand the space of such classes. However, with curren…
We show that the mapping class group of a compact orientable surface with higher complexity has the following extreme rigidity in the sense of measure equivalence: if the mapping class group is measure equivalent to a discrete group, then they are commensurable up to finite kernel. Moreover, we describe all lattice emb…
Atiyah classes of DG manifolds of positive amplitude are invariant under weak equivalences.
For any link and for any modulus we introduce an equivalence relation on the set of non-trivial m-colorings of the link (an m-coloring has values in Z/mZ). Given a diagram of the link, the equivalence class of a non-trivial m-coloring is formed by each assignment of colors to the arcs of the diagram that is obtaine…
The projective Finsler metrizability problem deals with the question whether a projective-equivalence class of sprays is the geodesic class of a (locally or globally defined) Finsler function. In this paper we use Hilbert-type forms to state a number of different ways of specifying necessary and sufficient conditions f…
Study finds Stäckel equivalence for superintegrable systems via invariant quadrics.
An orbifold is a Morita equivalence class of a proper {\' e}tale Lie groupoid. A unitary equivalence class of spectral triples over the algebra of smooth invariant functions are associated with any compact spin orbifold. In the case of an effective spin orbifold we construct a collection of spectral triples over the sm…
Study of transformations in 3-manifolds with boundary and their equivalence classes.
Characterizes Bayesian networks up to unconditional equivalence.
Two free homotopy classes of closed curves in an orientable surface with negative Euler characteristic are said to be length equivalent if for any hyperbolic structure on the surface, the length of the geodesic in one class is equal to the length of the geodesic in the other class. We show that there are elements in th…
Knots in 3-manifolds are equivalent if isotopic, except in special cases.
Spatial graphs study tangle replacement with equivalence classes.
A virtual link is a generalization of a classical link that is defined as an equivalence class of certain diagrams, called virtual link diagrams. It is further generalized to a twisted link. Twisted links are in one-to-one correspondence with stable equivalence classes of links in oriented thickenings of (possibly non-…
The paper defines when surfaces are homotopy equivalent to graphs and explores their mapping class groups.
Study extends learnability equivalence to multi-class and regression, overcoming binary classification limits.
Establishes Morita equivalence for Nijenhuis structures and proves invariance of modular class.
As previously known, all 3-manifolds of genus two can be represented by edge-coloured graphs uniquely defined by 6-tuples of integers satisfying simple conditions. The present paper describes an ``elementary transformation'' on these 6-tuples which changes the associated graph but does not change the represented manifo…
The Euclidean cone metrics coming from q-differentials on a closed surface of genus g > 1 define an equivalence relation on homotopy classes of closed curves declaring two to be equivalent if they have the equal length in every such metric. We prove an analog of the result of Randol for hyperbolic metrics (building on …
We study real nonsingular projective cubic fourfolds up to deformation equivalence combined with projective equivalence and prove that they are classified by the conjugacy classes of involutions induced by the complex conjugation in the middle homology. Moreover, we provide a graph whose vertices represent the equivale…
Classifies homeomorphism groups of countable Stone spaces up to coarse equivalence.
Links in lens spaces may be defined to be equivalent by ambient isotopy or by diffeomorphism of pairs. In the first case, for all the combinatorial representations of links, there is a set of Reidemeister-type moves on diagrams connecting isotopy equivalent links. In this paper we provide a set of moves on disk, band a…
Study algebraic obstructions to knot-like complex realizability.