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We consider a continuous-time market with proportional transaction costs. Under appropriate assumptions we prove the existence of optimal strategies for investors who maximize their worst-case utility over a class of possible models. We…

Mathematical Finance · Quantitative Finance 2018-12-06 Huy N. Chau , Miklos Rasonyi

In this pedagogical text aimed at those wanting to start thinking about or brush up on probabilistic inference, I review the rules by which probability distribution functions can (and cannot) be combined. I connect these rules to the…

Data Analysis, Statistics and Probability · Physics 2012-05-22 David W. Hogg

Learning to code, and more broadly, learning about computer science is a growing field of activity and research. Under the label of computational thinking, computational concepts are increasingly used as cognitive tools in many subject…

Computers and Society · Computer Science 2020-05-11 Hannah M. Dee , Jordi Freixenet , Xavier Cufi , Eduard Muntaner Perich , Valentina Poggioni , Marius Marian , Alfredo Milani

We propose a graph-based process calculus for modeling and reasoning about wireless networks with local broadcasts. Graphs are used at syntactical level to describe the topological structures of networks. This calculus is equipped with a…

Logic in Computer Science · Computer Science 2017-06-19 Shichao Liu , Ying Jiang

The purpose of many health studies is to estimate the effect of an exposure on an outcome. It is not always ethical to assign an exposure to individuals in randomised controlled trials, instead observational data and appropriate study…

Concurrent engineering taking into account product life-cycle factors seems to be one of the industrial challenges of the next years. Cost estimation and management are two main strategic tasks that imply the possibility of managing costs…

General Physics · Physics 2010-12-01 Nicolas Perry , Alain Bernard

We introduce a combinatorial variant of the cost sharing problem: several services can be provided to each player and each player values every combination of services differently. A publicly known cost function specifies the cost of…

Computer Science and Game Theory · Computer Science 2017-04-28 Shahar Dobzinski , Shahar Ovadia

We propose an extension of the asynchronous pi-calculus with a notion of random choice. We define an operational semantics which distinguishes between probabilistic choice, made internally by the process, and nondeterministic choice, made…

Programming Languages · Computer Science 2007-05-23 Oltea Mihaela Herescu , Catuscia Palamidessi

Despite outstanding performance in many tasks, language models are notoriously inclined to make factual errors in tasks requiring arithmetic computation. We address this deficiency by creating Calc-X, a collection of datasets that…

Machine Learning · Computer Science 2023-10-24 Marek Kadlčík , Michal Štefánik , Ondřej Sotolář , Vlastimil Martinek

A biform theory is a combination of an axiomatic theory and an algorithmic theory that supports the integration of reasoning and computation. These are ideal for specifying and reasoning about algorithms that manipulate mathematical…

Logic in Computer Science · Computer Science 2018-06-13 Jacques Carette , William M. Farmer , Yasmine Sharoda

Payment channel is a protocol which allows cryptocurrency users to route multiple transactions through network without committing them to the main blockchain network (mainnet). This ability makes them the most prominent solution to…

Computer Science and Game Theory · Computer Science 2021-07-08 MohammadAmin Fazli , Seyed Moeen Nehzati , MohammadAmin Salarkia

Session types model structured communication-based programming. In particular, binary session types for the pi-calculus describe communication between exactly two participants in a distributed scenario. Adding sessions to the pi-calculus…

Programming Languages · Computer Science 2014-08-27 Ornela Dardha

This paper deals with the probabilistic behaviours of distributed systems described by a process calculus considering both probabilistic internal choices and nondeterministic external choices. For this calculus we define and study a typing…

Logic in Computer Science · Computer Science 2019-09-05 Bogdan Aman , Gabriel Ciobanu

It has been shown that a functional interpretation of proofs in mathematical analysis can be given by the product of selection functions, a mode of recursion that has an intuitive reading in terms of the computation of optimal strategies in…

Logic · Mathematics 2012-04-25 Paulo Oliva , Thomas Powell

The recent explosion in the amount and dimensionality of data has exacerbated the need of trading off computational and statistical efficiency carefully, so that inference is both tractable and meaningful. We propose a framework that…

Computation · Statistics 2015-06-29 Daniel L. Sussman , Alexander Volfovsky , Edoardo M. Airoldi

Query processing over big data is ubiquitous in modern clouds, where the system takes care of picking both the physical query execution plans and the resources needed to run those plans, using a cost-based query optimizer. A good cost…

Databases · Computer Science 2020-03-02 Tarique Siddiqui , Alekh Jindal , Shi Qiao , Hiren Patel , Wangchao le

A term calculus for the proofs in multiplicative-additive linear logic is introduced and motivated as a programming language for channel based concurrency. The term calculus is proved complete for a semantics in linearly distributive…

Category Theory · Mathematics 2010-03-03 J. R. B. Cockett , C. A. Pastro

We present a semantics based framework for analysing the quantitative behaviour of programs with regard to resource usage. We start from an operational semantics equipped with costs. The dioid structure of the set of costs allows for…

Logic in Computer Science · Computer Science 2010-06-29 David Cachera , Arnaud Jobin

In this work we design a specific simulation tool for quantum channels which is based on the use of a control system. This allows us to simulate an average quantum channel which is expressed in terms of an ensemble of channels, even when…

Quantum Physics · Physics 2018-12-19 Stefano Pirandola , Riccardo Laurenza , Leonardo Banchi

We study which standard operators of probabilistic process calculi allow for compositional reasoning with respect to bisimulation metric semantics. We argue that uniform continuity (generalizing the earlier proposed property of…

Logic in Computer Science · Computer Science 2019-03-14 Daniel Gebler , Kim G. Larsen , Simone Tini