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We study the linear convergence of variants of the Frank-Wolfe algorithms for some classes of strongly convex problems, using only affine-invariant quantities. As in Guelat & Marcotte (1986), we show the linear convergence of the standard…

Optimization and Control · Mathematics 2014-01-06 Simon Lacoste-Julien , Martin Jaggi

The classical Markowitz mean-variance model uses variance as a risk measure and calculates frontier portfolios in closed form by using standard optimization techniques. For general mean-risk models such closed form optimal portfolios are…

Mathematical Finance · Quantitative Finance 2026-03-17 Hasanjan Sayit

Optimization of conditional convex risk measure is a central theme in dynamic portfolio selection theory, which has not yet systematically studied in the previous literature perhaps since conditional convex risk measures are neither random…

Optimization and Control · Mathematics 2019-10-24 Tiexin Guo

In this paper, we consider large-scale linearly constrained composite convex optimization problem, whose objective is a sum of a smooth function and a possibly nonsmooth function. We propose a scalable \textbf{F}rank-\textbf{W}olfe based…

Optimization and Control · Mathematics 2015-10-13 Ya-Feng Liu , Xiangfeng Wang , Xin Liu , Shiqian Ma

We study a stochastic program where the probability distribution of the uncertain problem parameters is unknown and only indirectly observed via finitely many correlated samples generated by an unknown Markov chain with $d$ states. We…

Optimization and Control · Mathematics 2021-06-15 Mengmeng Li , Tobias Sutter , Daniel Kuhn

Dense conditional random fields (CRF) with Gaussian pairwise potentials have emerged as a popular framework for several computer vision applications such as stereo correspondence and semantic segmentation. By modeling long-range…

Computer Vision and Pattern Recognition · Computer Science 2016-08-23 Alban Desmaison , Rudy Bunel , Pushmeet Kohli , Philip H. S. Torr , M. Pawan Kumar

Frank-Wolfe algorithms (FW) are popular first-order methods for solving constrained convex optimization problems that rely on a linear minimization oracle instead of potentially expensive projection-like oracles. Many works have identified…

Optimization and Control · Mathematics 2023-09-18 Elias Wirth , Thomas Kerdreux , Sebastian Pokutta

In the framework of online convex optimization, most iterative algorithms require the computation of projections onto convex sets, which can be computationally expensive. To tackle this problem HK12 proposed the study of projection-free…

Machine Learning · Computer Science 2022-12-16 Zhou Lu , Nataly Brukhim , Paula Gradu , Elad Hazan

Frank-Wolfe methods (FW) have gained significant interest in the machine learning community due to its ability to efficiently solve large problems that admit a sparse structure (e.g. sparse vectors and low-rank matrices). However the…

Machine Learning · Statistics 2018-03-22 Edward Cheung , Yuying Li

We develop a stochastic approximation-type algorithm to solve finite state/action, infinite-horizon, risk-aware Markov decision processes. Our algorithm has two loops. The inner loop computes the risk by solving a stochastic saddle-point…

Optimization and Control · Mathematics 2019-12-05 Wenjie Huang , William B. Haskell

This paper is concerned with the Frank--Wolfe algorithm for a special class of {\it non-compact} constrained optimization problems. The notion of asymptotic cone is used to introduce this class of problems as well as to establish that the…

Optimization and Control · Mathematics 2021-09-29 O. P. Ferreira , W. S. Sosa

Frank-Wolfe methods are projection-free algorithms for constrained optimization whose practical performance often depends critically on the choice of step size. Classical closed-loop step-size rules typically require prior knowledge of a…

Optimization and Control · Mathematics 2026-05-29 Khanh-Hung Giang-Tran , Soroosh Shafiee , Nam Ho-Nguyen

This paper introduces a new functional optimization approach to portfolio optimization problems by treating the unknown weight vector as a function of past values instead of treating them as fixed unknown coefficients in the majority of…

Portfolio Management · Quantitative Finance 2020-12-10 Ka Wai Tsang , Zhaoyi He

We demonstrate how to scalably solve a class of constrained self-concordant minimization problems using linear minimization oracles (LMO) over the constraint set. We prove that the number of LMO calls of our method is nearly the same as…

Optimization and Control · Mathematics 2020-02-18 Deyi Liu , Volkan Cevher , Quoc Tran-Dinh

Optimal transport (OT), which provides a distance between two probability distributions by considering their spatial locations, has been applied to widely diverse applications. Computing an OT problem requires solution of linear programming…

Machine Learning · Computer Science 2021-03-11 Takumi Fukunaga , Hiroyuki Kasai

This work studies and develop projection-free algorithms for online learning with linear optimization oracles (a.k.a. Frank-Wolfe) for handling the constraint set. More precisely, this work (i) provides an improved (optimized) variant of an…

Optimization and Control · Mathematics 2026-05-20 Julien Weibel , Pierre Gaillard , Wouter M. Koolen , Adrien Taylor

We study Frank-Wolfe (FW) methods for constrained bilevel optimization when the lower-level problem is solved only approximately, yielding biased and inexact hypergradients. We analyze inexact variants of vanilla FW as well as away-step and…

Optimization and Control · Mathematics 2026-02-27 Anthony Palmieri , Francesco Rinaldi , Saverio Salzo , Sara Venturini

Frank--Wolfe methods avoid projections, but over curved feasible regions the full-space linear minimization oracle (LMO) can itself become the computational bottleneck. We introduce random-subspace Frank--Wolfe (RSFW), the first…

Optimization and Control · Mathematics 2026-05-26 Pierre-Louis Poirion , Sebastian Pokutta , Akiko Takeda

We study stochastic projection-free methods for constrained optimization of smooth functions on Riemannian manifolds, i.e., with additional constraints beyond the parameter domain being a manifold. Specifically, we introduce stochastic…

Optimization and Control · Mathematics 2021-04-06 Melanie Weber , Suvrit Sra

This paper studies an optimal investment-reinsurance problem for an insurer (she) under the Cram\'er--Lundberg model with monotone mean--variance (MMV) criterion. At any time, the insurer can purchase reinsurance (or acquire new business)…

Portfolio Management · Quantitative Finance 2024-05-30 Xiaomin Shi , Zuo Quan Xu