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By Lindstr\"{o}m's theorems, the expressive power of first order logic (and similarly continuous logic) is not strengthened without losing some interesting property. Weakening it, is however less harmless and has been payed attention by…
The affine space of traceless complex matrices in which the sum of all elements in every row and every column is equal to one is presented as an example of an affine space with a Lie bracket or a Lie affgebra.
Smooth modules for affine Kac-Moody algebras have a prime importance for the quantum field theory as they correspond to the representations of the universal affine vertex algebras. But, very little is known about such modules beyond the…
For nonlinear affine in the control systems, a Lie algebraic sufficient condition for sampled-data feedback semi-global stabilization is established. We use this result, in order to derive sufficient conditions for sampled-data feedback…
We consider core-periphery structured graphs, which are graphs with a group of densely and sparsely connected nodes, respectively, referred to as core and periphery nodes. The so-called core score of a node is related to the likelihood of…
By analyzing the affine Taylor expansion of a non-degenerate plane curve, we obtain characterizations of classes of such curves via curvature properties of the gravity curve. The proof is based on an analysis of the degree parity and…
We introduce higher strip deformations, which give a way of constructing affine deformations of discrete free groups in the image of the irreducible representation $\operatorname{PSL}_2\mathbb{R}\to \operatorname{SO}(2n,2n-1)$. We use the…
In this work we consider one-dimensional generalized affine processes under the paradigm of Knightian uncertainty (so-called non-linear generalized affine models). This extends and generalizes previous results in Fadina et al. (2019) and…
Rapid development in numerical modelling of materials and the complexity of new models increases quickly together with their computational demands. Despite the growing performance of modern computers and clusters, calibration of such models…
Induction benefits from useful priors. Penalized regression approaches, like ridge regression, shrink weights toward zero but zero association is usually not a sensible prior. Inspired by simple and robust decision heuristics humans use, we…
We generalize an algorithm of Leclerc describing explicitly the bijection of Lalonde-Ram from finite to affine Lie algebras. In type $A_n^{(1)}$, we compute all affine standard Lyndon words for any order of the simple roots, and establish…
The problem of estimating the L\'evy density of a partially observed multidimensional affine process from low-frequency and mixed-frequency data is considered. The estimation methodology is based on the log-affine representation of the…
Based on a criterion of mathematical simplicity and consistency with empirical market data, a stochastic volatility model has been obtained with the volatility process driven by fractional noise. Depending on whether the stochasticity…
Vanna-Volga is a popular method for the interpolation/extrapolation of volatility smiles. The technique is widely used in the FX markets context, due to its ability to consistently construct the entire Lognormal smile using only three…
Properties of the recently reported homogeneous Hilbert curves are deduced and reported. The nature of the affine transformations involved in the construction of the Hilbert curves is explored. The analytical representation of proper and…
We introduce a flexible and tractable infinite-dimensional stochastic volatility model. More specifically, we consider a Hilbert space valued Ornstein-Uhlenbeck-type process, whose instantaneous covariance is given by a pure-jump stochastic…
For a twisted affine Lie superalgebra with nonzero odd part, we study {tight irreducible weight modules} with bounded weight multiplicities and show that if the action of nonzero real vectors of each affine component of the zero part is…
We define a filtration indexed by the integers on the tensor product of an integrable highest weight module and a loop module for a quantum affine algebra. We prove that the filtration is either trivial or strictly decreasing and give…
The main purpose of this work is to examine the behavior of the implied volatility smiles around jumps, contributing to the literature with a high-frequency analysis of the smile dynamics based on intra-day option data. From our…
We study pricing and hedging under parameter uncertainty for a class of Markov processes which we call generalized affine processes and which includes the Black-Scholes model as well as the constant elasticity of variance (CEV) model as…