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Standard quantitative models of the stock market predict a log-normal distribution for stock returns (Bachelier 1900, Osborne 1959), but it is recognised (Fama 1965) that empirical data, in comparison with a Gaussian, exhibit leptokurtosis…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Gilles Daniel

The paper presents the main characteristics and a preliminary implementation of a novel computational framework named CompLog. Inspired by probabilistic programming systems like ProbLog, CompLog builds upon the inferential mechanisms…

Artificial Intelligence · Computer Science 2023-09-12 Giovanni Sileno , Jean-Louis Dessalles

Kolmogorov-Chaitin complexity has long been believed to be impossible to approximate when it comes to short sequences (e.g. of length 5-50). However, with the newly developed \emph{coding theorem method} the complexity of strings of length…

Computational Complexity · Computer Science 2015-02-23 Nicolas Gauvrit , Henrik Singmann , Fernando Soler-Toscano , Hector Zenil

In this paper we study subsequences of random numbers. In Kamae (1973), selection functions that depend only on coordinates are studied, and their necessary and sufficient condition for the selected sequences to be normal numbers is given.…

Information Theory · Computer Science 2012-02-15 Hayato Takahashi

Inverse problems and regularization theory is a central theme in contemporary signal processing, where the goal is to reconstruct an unknown signal from partial indirect, and possibly noisy, measurements of it. A now standard method for…

Optimization and Control · Mathematics 2014-12-09 Samuel Vaiter , Gabriel Peyré , Jalal M. Fadili

The ability to find short representations, i.e. to compress data, is crucial for many intelligent systems. We present a theory of incremental compression showing that arbitrary data strings, that can be described by a set of features, can…

Information Theory · Computer Science 2020-09-15 Arthur Franz , Oleksandr Antonenko , Roman Soletskyi

We propose a kernel-based nonparametric framework for mean-variance optimization that enables inference on economically motivated shape constraints in finance, including positivity, monotonicity, and convexity. Many central hypotheses in…

Machine Learning · Statistics 2026-01-26 Rohan Sen

Astrophysical and cosmological signals such as the cosmic microwave background radiation, as observed, typically contain contributions of different components, and their statistical properties can be used to distinguish one from the other.…

Cosmology and Nongalactic Astrophysics · Physics 2015-05-28 V. G. Gurzadyan , T. Ghahramanyan , S. Sargsyan

Markov random fields area popular model for high-dimensional probability distributions. Over the years, many mathematical, statistical and algorithmic problems on them have been studied. Until recently, the only known algorithms for…

Machine Learning · Computer Science 2017-06-01 Linus Hamilton , Frederic Koehler , Ankur Moitra

By Kolmogorov Complexity,two number-theoretic problems are solved in different way than before,one problem is Maxim Kontsevich and Don Bernard Zagier's Problem 3 \emph{Exhibit at least one number which does not belong to} $ \mathcal{P}$…

Number Theory · Mathematics 2016-10-24 Yang Bai , Xiuli Wang

We comment on some conceptual and and technical problems related to computational mechanics, point out some errors in several papers, and straighten out some wrong priority claims. We present explicitly the correct algorithm for…

Data Analysis, Statistics and Probability · Physics 2018-04-09 Peter Grassberger

In contrast to entropy, which increases monotonically, the "complexity" or "interestingness" of closed systems seems intuitively to increase at first and then decrease as equilibrium is approached. For example, our universe lacked complex…

Statistical Mechanics · Physics 2014-05-28 Scott Aaronson , Sean M. Carroll , Lauren Ouellette

We demonstrate the existence of a complexity phase transition in neural networks by studying the grokking phenomenon, where networks suddenly transition from memorization to generalization long after overfitting their training data. To…

Machine Learning · Computer Science 2025-08-22 Branton DeMoss , Silvia Sapora , Jakob Foerster , Nick Hawes , Ingmar Posner

Estimation of Markov Random Field and covariance models from high-dimensional data represents a canonical problem that has received a lot of attention in the literature. A key assumption, widely employed, is that of {\em sparsity} of the…

Optimization and Control · Mathematics 2018-05-16 Davoud Ataee Tarzanagh , George Michailidis

Many algorithms are specified with respect to a fixed but unspecified parameter. Examples of this are especially common in cryptography, where protocols often feature a security parameter such as the bit length of a secret key. Our aim is…

Logic in Computer Science · Computer Science 2025-10-28 Alessandro Di Giorgio , Pawel Sobocinski , Niels Voorneveld

We consider the problem of dynamic buying and selling of shares from a collection of $N$ stocks with random price fluctuations. To limit investment risk, we place an upper bound on the total number of shares kept at any time. Assuming that…

Portfolio Management · Quantitative Finance 2009-09-23 Michael J. Neely

Given the widespread use of lossless compression algorithms to approximate algorithmic (Kolmogorov-Chaitin) complexity, and that lossless compression algorithms fall short at characterizing patterns other than statistical ones not different…

Information Theory · Computer Science 2017-08-15 Fernando Soler-Toscano , Hector Zenil

Kolmogorov argued that the concept of information exists also in problems with no underlying stochastic model (as Shannon's information representation) for instance, the information contained in an algorithm or in the genome. He introduced…

Discrete Mathematics · Computer Science 2008-07-01 Joel Ratsaby

It is becoming increasingly apparent that probabilistic approaches can overcome conservatism and computational complexity of the classical worst-case deterministic framework and may lead to designs that are actually safer. In this paper we…

Applications · Statistics 2008-11-01 Xinjia Chen , Kemin Zhou , Jorge L. Aravena

Within psychology, neuroscience and artificial intelligence, there has been increasing interest in the proposal that the brain builds probabilistic models of sensory and linguistic input: that is, to infer a probabilistic model from a…

Machine Learning · Computer Science 2017-08-08 Paul M. B. Vitanyi , Nick Chater
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