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The pricing of American style and multiple exercise options is a very challenging problem in mathematical finance. One usually employs a Least-Square Monte Carlo approach (Longstaff-Schwartz method) for the evaluation of conditional…

Computational Finance · Quantitative Finance 2011-01-19 Gilles Pagès , Benedikt Wilbertz

In this paper we present a Learning Model Predictive Control (LMPC) strategy for linear and nonlinear time optimal control problems. Our work builds on existing LMPC methodologies and it guarantees finite time convergence properties for the…

Systems and Control · Electrical Eng. & Systems 2020-10-06 Ugo Rosolia , Francesco Borrelli

This paper proposes an adaptive stochastic Model Predictive Control (MPC) strategy for stable linear time invariant systems in the presence of bounded disturbances. We consider multi-input multi-output systems that can be expressed by a…

Systems and Control · Computer Science 2018-12-03 Monimoy Bujarbaruah , Xiaojing Zhang , Francesco Borrelli

Quantum error correction is necessary to perform large-scale quantum computation, but requires extremely large overheads in both space and time. High-rate quantum low-density-parity-check (qLDPC) codes promise a route to reduce qubit…

Free energies play a central role in characterising the behaviour of chemical systems and are among the most important quantities that can be calculated by molecular dynamics simulations. Solvation free energies in various organic solvents,…

Chemical Physics · Physics 2026-02-11 J. Harry Moore , Daniel J. Cole , Gabor Csanyi

Electricity markets often utilize the DC approximation of the AC power flow equations to facilitate solving an otherwise complex nonconvex optimization problem. These DC power flow equations have analogies to DC circuit laws such as…

Optimization and Control · Mathematics 2024-03-29 Kyri Baker , Harsha Gangammanavar

We study algorithmic aspects of finding $n$-dimensional \emph{positive} and \emph{negative} Hopfield ($\pm$Hop) model ground state free energies. This corresponds to classical maximization of random positive/negative semi-definite quadratic…

Disordered Systems and Neural Networks · Physics 2025-07-31 Mihailo Stojnic

Locally Checkable Labeling (LCL) problems are graph problems in which a solution is correct if it satisfies some given constraints in the local neighborhood of each node. Example problems in this class include maximal matching, maximal…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-08-22 Alkida Balliu , Sebastian Brandt , Manuela Fischer , Rustam Latypov , Yannic Maus , Dennis Olivetti , Jara Uitto

We present a general methodology to incorporate fundamental economic factors to our previous theory of herding to describe bubbles and antibubbles. We start from the strong form of Rational Expectation and derive the general method to…

Physics and Society · Physics 2008-12-10 Wei-Xing Zhou , Didier Sornette

In general, the pricing of variable annuities with guarantees can be done by solving the corresponding optimal stochastic control problem if the contract withdrawal strategy is assumed to be optimal. This is typically solved as a dynamic…

Pricing of Securities · Quantitative Finance 2026-05-27 Nicolas Langrené , Xiaolin Luo , Pavel V. Shevchenko , Ruiyi Zhang

Speculative bubbles exhibit common statistical signatures across many financial markets, suggesting the presence of universal underlying mechanisms. We test this hypothesis in the Iranian stock market, an economy that is highly isolated,…

Statistical Finance · Quantitative Finance 2025-12-16 Ali Hosseinzadeh

The robust adjustment of nonlinear models to data is considered in this paper. When data comes from real experiments, it is possible that measurement errors cause the appearance of discrepant values, which should be ignored when adjusting…

Optimization and Control · Mathematics 2019-12-02 E. V. Castelani , R. Lopes , W. V. I. Shirabayashi , F. N. C. Sobral

We develop a new Low-level, First-order Probabilistic Programming Language (LF-PPL) suited for models containing a mix of continuous, discrete, and/or piecewise-continuous variables. The key success of this language and its compilation…

Machine Learning · Computer Science 2019-03-07 Yuan Zhou , Bradley J. Gram-Hansen , Tobias Kohn , Tom Rainforth , Hongseok Yang , Frank Wood

The problem of characterizing impacts of data quality on real-time locational marginal price (LMP) is considered. Because the real-time LMP is computed from the estimated network topology and system state, bad data that cause errors in…

Numerical Analysis · Mathematics 2013-09-02 Liyan Jia , Jinsub Kim , Robert J. Thomas , Lang Tong

While Learned Data Compression (LDC) has achieved superior compression ratios, balancing precise probability modeling with system efficiency remains challenging. Crucially, uniform single-stream architectures struggle to simultaneously…

Computation and Language · Computer Science 2026-04-09 Huidong Ma , Xinyan Shi , Hui Sun , Xiaofei Yue , Xiaoguang Liu , Gang Wang , Wentong Cai

We study the Weighted Min Cut problem in the Adaptive Massively Parallel Computation (AMPC) model. In 2019, Behnezhad et al. [3] introduced the AMPC model as an extension of the Massively Parallel Computation (MPC) model. In the past…

Data Structures and Algorithms · Computer Science 2022-05-30 MohammadTaghi Hajiaghayi , Marina Knittel , Jan Olkowski , Hamed Saleh

The length-constrained cycle partition problem (LCCP) is a graph optimization problem in which a set of nodes must be partitioned into a minimum number of cycles. Every node is associated with a critical time and the length of every cycle…

Optimization and Control · Mathematics 2024-02-05 Mohammed Ghannam , Gioni Mexi , Edward Lam , Ambros Gleixner

This paper introduces a novel constraint adaptive filtering algorithm based on a relative logarithmic cost function which is termed as Constrained Least Mean Logarithmic Square (CLMLS). The proposed CLMLS algorithm elegantly adjusts the…

Systems and Control · Computer Science 2018-01-22 Vinay Chakravarthi Gogineni , Subrahmanyam Mula

We propose a new model for the level I of a Limit Order Book (LOB), which incorporates the information about the standing orders at the opposite side of the book after each price change and the arrivals of new orders within the spread. Our…

Trading and Market Microstructure · Quantitative Finance 2016-03-15 Jonathan A. Chávez-Casillas , José E. Figueroa-López

It is well known that the number of particles should be scaled up to enable industrial scale simulation. The calculations are more computationally intensive when the motion of the surrounding fluid is considered. Besides the advances in…

Computational Physics · Physics 2014-07-28 Hao Zhang , F. Xavier Trias , Assensi Oliva , Dongmin Yang , Yuanqiang Tan , Shi Shu , Yong Sheng