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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.

169,051 papers · 148 categories

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48 results for trekking approach

Gaussian graphical models are semi-algebraic subsets of the cone of positive definite covariance matrices. Submatrices with low rank correspond to generalizations of conditional independence constraints on collections of random variables. We give a precise graph-theoretic characterization of when submatrices of the cov…

2008-12-10abs ↗pdf ↗

Despite their popularity, many questions about the algebraic constraints imposed by linear structural equation models remain open problems. For causal discovery, two of these problems are especially important: the enumeration of the constraints imposed by a model, and deciding whether two graphs define the same statist…

2018-07-10abs ↗pdf ↗

IIC decouples causal identification into two phases, significantly reducing the HTC gap in linear SEMs.

problem Determining causal effect coefficients in linear SEMs with latent confounders using the Half-Trek Criterion (HTC) leaves a gap of inconclusive causal effects.
method Iterative Identification Closure (IIC) framework that decouples causal identification into two phases: a seed function S_0 and Reduced HTC propagation.
result IIC strictly subsumes both HTC and ancestor decomposition, reducing the HTC gap by over 80% with combined seeds.

New method learns graph structure with hidden causes from observational data.

problem Learning the structure of linear non-Gaussian models with hidden causes.
method Augments hidden variable structure by learning multidirected edges and uses higher order cumulants.
result Correct structure recovery for bow-free acyclic mixed graphs with multi-directed edges.

Develops a method to identify causal effects in linear models with latent variables.

problem Identifying causal effects in models with latent variables that are not independent.
method A novel graphical criterion and an integer linear program algorithm.
result Sufficient condition for identifying causal effects by rational formulas in the covariance matrix.

Geometric approach combines asset returns and investor views for better portfolio optimization.

problem Optimizing portfolios with investor-specific views.
method Generalized Wasserstein barycenter (GWB) to integrate statistical asset returns and investor views.
result The geometric approach offers more flexibility and rewards for correct investor views.

Paper proposes an alternative method to price American options using HJM approach.

problem Price American options efficiently and accurately.
method Utilizes HJM technique to model term structure of volatility for equity markets.
result Proposes a new value function, stopping criteria, and stopping time for American options.

We study inference and learning based on a sparse coding model with `spike-and-slab' prior. As in standard sparse coding, the model used assumes independent latent sources that linearly combine to generate data points. However, instead of using a standard sparse prior such as a Laplace distribution, we study the applic…

2012-11-15abs ↗pdf ↗

We develop a semi-analytic approach to the valuation of auto-callable structures with accrual features subject to barrier conditions. Our approach is based on recent studies of multi-assed binaries, present in the literature. We extend these studies to the case of time-dependent parameters. We compare numerically the s…

2016-08-18abs ↗pdf ↗

Two ML approaches learn local volatility surfaces from option prices, with GP being arbitrage-free.

problem Interpolating European vanilla option prices to create a local volatility surface.
method Gaussian process regression and neural net with arbitrage penalties.
result GP approach is arbitrage-free and yields best out-of-sample calibration error.

This paper critiques the Standardized Measurement Approach (SMA) for operational risk and recommends maintaining Advanced Measurement Approach (AMA).

problem Weaknesses and failures of the Standardized Measurement Approach (SMA) in operational risk.
method Critical review and analysis of SMA and AMA approaches.
result SMA is unstable, insensitive to risk, and implicitly related to systemic risk in the banking sector.

Two approaches extend knowledge distillation to Gaussian Processes, showing relationships to existing methods.

problem Applying knowledge distillation to Gaussian Processes for regression and classification.
method Data-centric and distribution-centric approaches to extend distillation to GPR and GPC.
result Distribution-centric approach for GPC approximately corresponds to data duplication and scaling.

We discuss the relative merits of optimistic and randomized approaches to exploration in reinforcement learning. Optimistic approaches presented in the literature apply an optimistic boost to the value estimate at each state-action pair and select actions that are greedy with respect to the resulting optimistic value f…

2017-06-13abs ↗pdf ↗

Bayesian symbolic regression automates model discovery from data.

problem Learning closed-form mathematical models from data using heuristic methods.
method Probabilistic approach to symbolic regression, connecting to information theory and statistical physics.
result Probabilistic approach provides model plausibility and performance guarantees.

Paper compares neural network approaches to Optimal Transport.

problem Learning Optimal Maps between probability distributions.
method Two categories of approaches: heuristic and math-justified. Novel approach involves dynamic flows and supervised learning.
result Novel approach involving dynamic flows and reductions of Optimal Transport to supervised learning.

New approach interprets Nyström for kernel machines with geometric insight.

problem No comparative study over Nyström-based kernel machine approaches.
method Developed a new approach with geometric interpretation, showing equivalence to existing methods.
result Proposed approach offers insights into approximation errors and accuracy.

Common Representation Learning (CRL), wherein different descriptions (or views) of the data are embedded in a common subspace, is receiving a lot of attention recently. Two popular paradigms here are Canonical Correlation Analysis (CCA) based approaches and Autoencoder (AE) based approaches. CCA based approaches learn …

2015-04-27abs ↗pdf ↗

Deep learning outperforms classic machine learning in DAS event detection.

problem Event detection in Distributed Acoustic Sensing (DAS).
method Comparison of classic machine learning and image-based deep learning approaches.
result Image-based deep learning offers significantly faster event detection and execution times.

Paper evaluates CNN-based facial landmark detection methods.

problem Evaluate characteristics and performance of CNN-based facial landmark detection methods.
method Divided into regression and heatmap approaches, investigated using a hybrid loss function and discrimination network.
result Proposed model outperforms other models in all tested datasets.

This paper provides a comprehensive benchmark and taxonomy for certifiably robust DNN defenses.

problem Certifiably robust defenses against adversarial attacks for deep neural networks.
method Taxonomy and benchmark of certifiably robust approaches.
result First comprehensive benchmark of certifiably robust approaches on different datasets.

Unified approach for Bayesian optimal experiment design using stochastic gradients.

problem Designing optimal experiments in high-dimensional settings.
method Stochastic gradient ascent to optimize variational lower bounds on expected information gain.
result Unified approach outperforms existing methods in higher dimensions.

Study examines the scenario approach for robust optimization, focusing on nonconvex cases.

problem Robust optimization with nonconvex uncertainty sets.
method Scenario approach via i.i.d sampling, analysis of concentration of measures, asymptotic and finite sample guarantees.
result Obstruction to consistency in noncompact decision sets, finite sample guarantees for nonconvex problems.

Study proposes a new approach for deep hedging using artificial market simulations.

problem Challenges in selecting the best model for underlying asset simulations in deep hedging.
method Proposes artificial market simulations to replicate financial market stylized facts.
result Achieves similar performance to traditional approaches without mathematical finance models.

Some of recent developments, including recent results, ideas, techniques, and approaches, in the study of degenerate partial differential equations are surveyed and analyzed. Several examples of nonlinear degenerate, even mixed, partial differential equations, are presented, which arise naturally in some longstanding, …

2010-05-15abs ↗pdf ↗

This paper examines how optimization methods affect the reliability of detecting inputs outside a model's training distribution.

problem The unreliability of deep neural networks on out-of-distribution inputs.
method Analysis of optimization methods' impact on OOD detection approaches.
result Optimization methods significantly influence the robustness of OOD detection approaches.

In this paper, we propose three approaches for the estimation of the Tucker decomposition of multi-way arrays (tensors) from partial observations. All approaches are formulated as convex minimization problems. Therefore, the minimum is guaranteed to be unique. The proposed approaches can automatically estimate the numb…

2010-10-05abs ↗pdf ↗

Optimal sample complexity analysis for plug-in approach in average-reward MDPs.

problem Learning optimal policies in average-reward MDPs with a generative model.
method Plug-in approach that constructs a model estimate and computes an optimal policy.
result Optimal sample complexities for the plug-in approach without prior knowledge of problem parameters.

We devise a one-shot approach to distributed sparse regression in the high-dimensional setting. The key idea is to average "debiased" or "desparsified" lasso estimators. We show the approach converges at the same rate as the lasso as long as the dataset is not split across too many machines. We also extend the approach…

2015-03-14abs ↗pdf ↗

Active learning is a machine learning approach for reducing the data labeling effort. Given a pool of unlabeled samples, it tries to select the most useful ones to label so that a model built from them can achieve the best possible performance. This paper focuses on pool-based sequential active learning for regression …

2018-05-12abs ↗pdf ↗

Study systemic risk measures and capital allocation rules, showing commonalities.

problem Systemic risk measures and capital allocation in financial systems.
method Developed a general framework to embed axiomatic and injective capital approaches, introduced Aumann-Shapley CAR.
result Aumann-Shapley CAR provides a universal method for capital allocation regardless of risk measurement.