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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.

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48 results for statistical parity

Paper solves k-sparse parity problem with sign SGD, matching SQ lower bound.

problem Solving k-sparse parity problems efficiently.
method Sign stochastic gradient descent on neural networks.
result Matches Statistical Query lower bound for solving k-sparse parity problems.

The study analyzes the conflict between group fairness and individual fairness in machine learning.

problem The conflict between group fairness (optimal statistical parity) and individual fairness in machine learning.
method Established sufficient conditions for the compatibility between optimal statistical parity and individual fairness requirements.
result Identified regions along the Pareto frontier that satisfy individual fairness requirements.

Paper creates fair synthetic data ensuring equal predictions across sensitive attributes.

problem Ensuring fair predictions across sensitive attributes in synthetic data.
method Equalizing target probability distributions across sensitive attributes in synthetic data generation.
result Synthetic data provides strong fair predictions, equal across all thresholds.

New method controls bias in training data for fair outcomes.

problem Ensuring equal treatment between different groups in machine learning.
method Contrastive information estimation to control mutual information between representations and protected attributes.
result Our method provides strong theoretical guarantees on the parity of any downstream algorithm.

This work improves fair tensor decomposition using a kernel criterion.

problem Learning fair low-rank tensor decompositions with statistical parity.
method Regularizes Canonical Polyadic Decomposition with KHSIC to ensure approximate statistical parity.
result The proposed algorithm achieves better fairness and fit than state-of-the-art FATR.

New methods target conditional demographic parity using optimal transport distances.

problem Auditing and enforcing conditional demographic parity (CDP) in models with complex conditioning variables.
method Developed novel measures of conditional demographic disparity (CDD) based on optimal transport distances and regularization-based approaches.
result Validated methods airbit{} and airlp{} effectively target CDP in real-world datasets with continuous model outputs.

The paper explores the tradeoffs between fairness measures in machine learning.

problem The challenge of achieving all three fairness notions simultaneously in machine learning models.
method The approach uses partial information decomposition (PID) to analyze the relationships between fairness measures.
result Identifies the regions where fairness measures overlap and disagree, revealing potential tradeoffs.

New welfare-based fairness notions align with existing error rate balance and predictive parity.

problem Aligning fairness notions with welfare-based criteria.
method Discussing and establishing conditions for envy freeness and prejudice freeness.
result Envy freeness and prejudice freeness are equivalent to error rate balance and predictive parity.

Investment strategy for NYSE stocks minimizes market correlation.

problem Minimizing market correlation for steady returns.
method Combining momentum, fundamentals, and analyst recommendations; feature selection; backtesting various portfolio construction methods.
result Risk parity outperformed other methods, offering higher Sharpe ratio and lower beta.

Extends Demographic Parity for fairer wage predictions with expert knowledge.

problem Inadequate fairness metrics limit user domain knowledge and ignore intersectional fairness.
method Develops a parametric method to incorporate expert knowledge in fair predictions.
result Offers a robust solution for real-life applications with limited data and spending constraints.

Proposes a risk parity portfolio optimization method that accounts for uncertainty in asset returns.

problem Risk parity portfolio optimization under uncertainty.
method Distributionally robust optimization with ambiguity set for worst-case scenario analysis.
result Distributionally robust risk parity portfolios can yield higher risk-adjusted returns.

We introduce the 2-colour parity. It is a theory of parity for a large class of virtual links, defined using the interaction between orientations of the link components and a certain type of colouring. The 2-colour parity is an extension of the Gaussian parity, to which it reduces on virtual knots. We show that the 2-c…

2019-01-22abs ↗pdf ↗

In the present paper, we develop the parity theory invented in \cite{ManSb}; we construct new parities for two-component (virtual and free) links. New parities significantly depend on geometrical properties of diagrams; in particular, they are mutation-sensitive. New parities can be used practically in all problems, wh…

2015-08-23abs ↗pdf ↗

In \cite {FrKn,Sbornik} it was shown that in some knot theories the crucial role is played by {\em parity}, i.e.\ a function on crossings valued in {0,1}\{0,1\} and behaving nicely with respect to Reidemeister moves. Any parity allows one to construct functorial mappings from knots to knots, to refine many invariants and …

2011-02-24abs ↗pdf ↗

This paper tackles fair Bayes-optimal classifiers under predictive parity, proving their limitations and proposing a new algorithm.

problem Ensuring fair Bayes-optimal classifiers under predictive parity, especially when group performance levels vary widely.
method Proving the limitations of fair Bayes-optimal classifiers under predictive parity and proposing a new adaptive thresholding algorithm, FairBayes-DPP.
result Fair Bayes-optimal classifiers under predictive parity may not hold if group performance levels vary widely, leading to within-group unfairness.

We present pairwise fairness metrics for ranking models and regression models that form analogues of statistical fairness notions such as equal opportunity, equal accuracy, and statistical parity. Our pairwise formulation supports both discrete protected groups, and continuous protected attributes. We show that the res…

2019-06-12abs ↗pdf ↗

Real-world applications of machine learning tools in high-stakes domains are often regulated to be fair, in the sense that the predicted target should satisfy some quantitative notion of parity with respect to a protected attribute. However, the exact tradeoff between fairness and accuracy is not entirely clear, even f…

2019-06-19abs ↗pdf ↗

We use crossing parity to construct a generalization of biquandles for virtual knots which we call Parity Biquandles. These structures include all biquandles as a standard example referred to as the even parity biquandle. Additionally, we find all Parity Biquandles arising from the Alexander Biquandle and Quaternionic …

2011-03-15abs ↗pdf ↗

Diversified risk parity strategies outperform equally-weighted portfolios in various asset universes.

problem Finding optimal portfolio allocations that balance risk and reward.
method Integrates various reward-risk measures and generic allocation rules into diversified risk parity.
result Diversified reward-risk parity strategies exhibit higher average returns, Sharpe ratios, and Calmar ratios compared to equally-weighted risk portfolios.

Functorial maps and weak parities are equivalent descriptions of rules of substitution virtual crossings for classical in diagrams of a knot in a way compatible with Reidemeister moves. We introduce the notion of maximal weak parity and describe it for knots in a given closed oriented surface. This weak parity defines …

2012-11-02abs ↗pdf ↗

The paper explores the tradeoff between fairness and accuracy in regression models.

problem Characterizing the tradeoff between fairness and accuracy in regression models.
method Provided a lower bound on the error of any fair regressor and extended the result to joint error using Wasserstein distance.
result Lower bounds on the error of fair regressors and their connection to Wasserstein distance.

In [3] we constructed the parity-biquandle bracket valued in {\em pictures} (linear combinations of 44-valent graphs). We gave no example of classical links such that the parity-biquandle bracket of which is not trivial. In the present paper we slightly change the notation of the parity-biquandle bracket and give exam…

2019-11-17abs ↗pdf ↗

Study shows physical drift affects put-call parity enforcement, not just option payoffs.

problem Inconsistency between quoted put-call parity and actual market behavior.
method Examined SPX and RUT index options, used drift-preserving GBM term to improve fit.
result Physical drift enters the enforcement of risk-neutral parity, not just option payoffs.

Study uses put-call parity to estimate cost of funding in equity derivatives markets.

problem Estimating the cost of funding in active equity derivative markets.
method Develops a method using European put and call prices to recover the implicit discount factor and cost of funding.
result Identifies the cost of funding in major equity markets, showing it is typically around 34 basis points above OIS.

Parity mappings from the chords of a Gauss diagram to the integers is defined. The parity of the chords is used to construct families of invariants of Gauss diagrams and virtual knots. One family consists of degree nn Vassiliev invariants.

2012-03-13abs ↗pdf ↗

We define counting and cocycle enhancement invariants of virtual knots using parity biquandles. These invariants are determined by pairs consisting of a biquandle 2-cocycle φ^0 and a map φ^1 with certain compatibility conditions leading to one-variable or two-variable polynomial invariants of virtual knots. We provide …

2015-07-20abs ↗pdf ↗

Transformers solve parity problems efficiently with step-by-step reasoning.

problem Training transformers to solve complex, recursive problems like parity.
method Training a one-layer transformer to solve kk-parity, incorporating intermediate parities into the loss function, and using teacher forcing or augmented data.
result Transformers can learn parity in one gradient update with intermediate supervision or self-consistency checks.

2-dimensional knots and links are studied in the article. The notion of parity is introduced via techniques similar to the ones used by the second named author in 1-dimensional case. By using parity new invariants are constructed and known invariants are refined.

2016-06-22abs ↗pdf ↗

The article develops a model for skewness risk in risk parity portfolios.

problem Managing skewness risk in asset allocation models.
method Modeling asset returns with skewness and jumps, deriving analytical formulas for risk contributions.
result Skewness-based risk parity portfolios outperform volatility-based portfolios in managing jump risks.

We mathematically compare four competing definitions of group-level nondiscrimination: demographic parity, equalized odds, predictive parity, and calibration. Using the theoretical framework of Friedler et al., we study the properties of each definition under various worldviews, which are assumptions about how, if at a…

2018-08-26abs ↗pdf ↗