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Multi-model Markov decision process (MMDP) is a promising framework for computing policies that are robust to parameter uncertainty in MDPs. MMDPs aim to find a policy that maximizes the expected return over a distribution of MDP models.…

Machine Learning · Computer Science 2025-07-15 Xihong Su , Marek Petrik

This paper introduces and examines numerical approximation schemes for computing risk budgeting portfolios associated to positive homogeneous and sub-additive risk measures. We employ Mirror Descent algorithms to determine the optimal risk…

Portfolio Management · Quantitative Finance 2024-11-20 Martin Arnaiz Iglesias , Adil Rengim Cetingoz , Noufel Frikha

We study high-dimensional covariance/precision matrix estimation under the assumption that the covariance/precision matrix can be decomposed into a low-rank component L and a diagonal component D. The rank of L can either be chosen to be…

Methodology · Statistics 2018-02-19 Yilei Wu , Yingli Qin , Mu Zhu

The mean and variance of portfolio returns are the standard quantities to measure the expected return and risk of a portfolio. Efficient portfolios that provide optimal trade-offs between mean and variance warrant consideration. To express…

Signal Processing · Electrical Eng. & Systems 2022-12-15 Shengjie Xiu , Xiwen Wang , Daniel P. Palomar

Many real-world problems are categorized as large-scale problems, and metaheuristic algorithms as an alternative method to solve large-scale problem; they need the evaluation of many candidate solutions to tackle them prior to their…

Neural and Evolutionary Computing · Computer Science 2020-09-14 Shahryar Rahnamayan , Seyed Jalaleddin Mousavirad

Coordinate descent algorithms are popular for huge-scale optimization problems due to their low cost per-iteration. Coordinate descent methods apply to problems where the constraint set is separable across coordinates. In this paper, we…

Optimization and Control · Mathematics 2023-04-28 Rahul Mazumder , Haoyue Wang

Low-rank plus diagonal (LRPD) decompositions provide a powerful structural model for large covariance matrices, simultaneously capturing global shared factors and localized corrections that arise in covariance estimation, factor analysis,…

Numerical Analysis · Mathematics 2025-12-22 Kingsley Yeon , Mihai Anitescu

The estimation of high dimensional precision matrices has been a central topic in statistical learning. However, as the number of parameters scales quadratically with the dimension $p$, many state-of-the-art methods do not scale well to…

Computation · Statistics 2019-07-10 Cheng Wang , Binyan Jiang

Large-scale L1-regularized loss minimization problems arise in high-dimensional applications such as compressed sensing and high-dimensional supervised learning, including classification and regression problems. High-performance algorithms…

Machine Learning · Statistics 2012-12-19 Chad Scherrer , Ambuj Tewari , Mahantesh Halappanavar , David Haglin

Mining useful clusters from high dimensional data has received significant attention of the computer vision and pattern recognition community in the recent years. Linear and non-linear dimensionality reduction has played an important role…

Computer Vision and Pattern Recognition · Computer Science 2016-05-25 Nauman Shahid , Nathanael Perraudin , Vassilis Kalofolias , Gilles Puy , Pierre Vandergheynst

We develop randomized (block) coordinate descent (CD) methods for linearly constrained convex optimization. Unlike most CD methods, we do not assume the constraints to be separable, but let them be coupled linearly. To our knowledge, ours…

Optimization and Control · Mathematics 2015-06-11 Sashank Reddi , Ahmed Hefny , Carlton Downey , Avinava Dubey , Suvrit Sra

Block coordinate descent (BCD) methods are prevalent in large scale optimization problems due to the low memory and computational costs per iteration, the predisposition to parallelization, and the ability to exploit the structure of the…

Optimization and Control · Mathematics 2025-10-31 Luis Briceño-Arias , Paulo Gonçalves , Guillaume Lauga , Nelly Pustelnik , Elisa Riccietti

Phase retrieval aims at recovering a complex-valued signal from magnitude-only measurements, which attracts much attention since it has numerous applications in many disciplines. However, phase recovery involves solving a system of…

Information Theory · Computer Science 2017-06-13 Wen-Jun Zeng , H. C. So

In this paper we present an evolutionary optimization approach to solve the risk parity portfolio selection problem. While there exist convex optimization approaches to solve this problem when long-only portfolios are considered, the…

Portfolio Management · Quantitative Finance 2015-04-14 Ronald Hochreiter

In this paper, we consider the computational protein design (CPD) problem, which is usually modeled as a 0/1 programming and is extremely challenging due to its combinatorial properties. We propose an efficient algorithm for solving it.…

Optimization and Control · Mathematics 2024-12-30 Yukai Zheng , Weikun Chen , Qingna Li

In this paper, we evaluate the different fully homomorphic encryption schemes, propose an implementation, and numerically analyze the applicability of gradient descent algorithms to solve quadratic programming in a homomorphic encryption…

Cryptography and Security · Computer Science 2023-09-06 André Bertolace , Konstantinos Gatsis , Kostas Margellos

Distributed optimization is an essential paradigm to solve large-scale optimization problems in modern applications where big-data and high-dimensionality creates a computational bottleneck. Distributed optimization algorithms that exhibit…

Systems and Control · Electrical Eng. & Systems 2023-05-25 Aayushya Agarwal , Larry Pileggi

Stochastic gradient descent (SGD) is a powerful method for large-scale optimization problems in the area of machine learning, especially for a finite-sum formulation with numerous variables. In recent years, mini-batch SGD gains great…

Optimization and Control · Mathematics 2020-01-24 Kun He , Min Zhang , Jianrong Zhou , Yan Jin , Chu-min Li

The econometric challenge of finding sparse mean reverting portfolios based on a subset of a large number of assets is well known. Many current state-of-the-art approaches fall into the field of co-integration theory, where the problem is…

Portfolio Management · Quantitative Finance 2019-05-16 Théophile Griveau-Billion , Ben Calderhead

In this paper we present a novel randomized block coordinate descent method for the minimization of a convex composite objective function. The method uses (approximate) partial second-order (curvature) information, so that the algorithm…

Optimization and Control · Mathematics 2015-05-11 Kimon Fountoulakis , Rachael Tappenden