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In this paper, a pricing formula for volatility swaps is delivered when the underlying asset follows the stochastic volatility model with jumps and stochastic intensity. By using Feynman-Kac theorem, a partial integral differential equation…

Pricing of Securities · Quantitative Finance 2018-05-21 Ben-zhang Yang , Jia Yue , Ming-hui Wang , Nan-jing Huang

There is increasing interest within the research community in the design and use of recursive probability models. Although there still remains concern about computational complexity costs and the fact that computing exact solutions can be…

Artificial Intelligence · Computer Science 2013-01-14 Daniel Pless , George Luger

Motivated by the lack of a suitable constructive framework for analyzing popular stochastic models of Systems Biology, we devise conditions for existence and uniqueness of solutions to certain jump stochastic differential equations (SDEs).…

Probability · Mathematics 2014-12-17 Stefan Engblom

In the existing works, stochastic sets $\mathbb{B}$ of interval type, along with $\mathbb{B}$-stochastic processes, were introduced within the framework of stochastic analysis. In this paper, we undertake the construction of…

Probability · Mathematics 2025-06-19 Jia Yue , Ming-Hui Wang , Nan-Jing Huang

Statistical thermodynamics delivers the probability distribution of the equilibrium state of matter through the constrained maximization of a special functional, entropy. Its elegance and enormous success have led to numerous attempts to…

Statistical Mechanics · Physics 2023-06-22 Themis Matsoukas

Probabilistic Inductive Logic Programming (PILP) is a rel- atively unexplored area of Statistical Relational Learning which extends classic Inductive Logic Programming (ILP). This work introduces SkILL, a Stochastic Inductive Logic Learner,…

Artificial Intelligence · Computer Science 2015-06-03 Joana Côrte-Real , Theofrastos Mantadelis , Inês Dutra , Ricardo Rocha

This paper deals with enriched qualitative belief functions for reasoning under uncertainty and for combining information expressed in natural language through linguistic labels. In this work, two possible enrichments (quantitative and/or…

Artificial Intelligence · Computer Science 2007-09-12 Xinde Li , Xinhan Huang , Florentin Smarandache , Jean Dezert

Evaluating large language models (LLMs) today rests on fixed benchmarks that apply the same set of items to any model, producing ceiling and floor effects that mask capability gaps. We argue that the most informative evaluation signal lies…

Artificial Intelligence · Computer Science 2026-05-27 Haoxiang Wang , Da Yu , Huishuai Zhang

This thesis develops a new framework for modelling price processes in finance, such as an equity price or foreign exchange rate. This can be related to the conventional Ito calculus-based framework through the time integral of a price's…

Mathematical Finance · Quantitative Finance 2025-03-21 Ryan McCrickerd

Imaging is a form of probabilistic belief change which could be employed for both revision and update. In this paper, we propose a new framework for probabilistic belief change based on imaging, called Expected Distance Imaging (EDI). EDI…

Artificial Intelligence · Computer Science 2017-05-04 Gavin Rens , Thomas Meyer

Graphical models provide a powerful methodology for learning the conditional independence structure in multivariate data. Inference is often focused on estimating individual edges in the latent graph. Nonetheless, there is increasing…

Methodology · Statistics 2023-12-15 Willem van den Boom , Maria De Iorio , Alexandros Beskos

Text and time series data offer complementary views of financial markets: news articles provide narrative context about company events, while stock prices reflect how markets react to those events. However, despite their complementary…

Computational Engineering, Finance, and Science · Computer Science 2025-09-25 Ross Koval , Nicholas Andrews , Xifeng Yan

Background. It is assumed that the introduction of stochastic in mathematical model makes it more adequate. But there is virtually no methods of coordinated (depended on structure of the system) stochastic introduction into deterministic…

Symbolic Computation · Computer Science 2015-03-26 E. G. Eferina , A. V. Korolkova , M. N. Gevorkyan , D. S. Kulyabov , L. A. Sevastyanov

Proof assistants offer tactics to apply proof by induction, but these tactics rely on inputs given by human engineers. To automate this laborious process, we developed SeLFiE, a boolean query language to represent experienced users'…

Programming Languages · Computer Science 2022-05-24 Yutaka Nagashima

Pragmatic reasoning, inferring intended meaning beyond literal semantics, underpins everyday communication yet remains difficult for large language models. We present the Contextual Emotional Inference (CEI) Benchmark: 300 human-validated…

Artificial intelligence is making significant strides in the finance industry, revolutionizing how data is processed and interpreted. Among these technologies, large language models (LLMs) have demonstrated substantial potential to…

Computation and Language · Computer Science 2024-07-02 Cehao Yang , Chengjin Xu , Yiyan Qi

In this paper we introduce RankPL, a modeling language that can be thought of as a qualitative variant of a probabilistic programming language with a semantics based on Spohn's ranking theory. Broadly speaking, RankPL can be used to…

Artificial Intelligence · Computer Science 2017-05-23 Tjitze Rienstra

In many-particle problems involving interacting fermions or bosons, the most natural language for expressing the Hamiltonian, the observables, and the basis states is the language of the second-quantization operators. It thus appears…

Quantum Physics · Physics 2015-05-28 Rok Zitko

Stochastic And-Or grammars (AOG) extend traditional stochastic grammars of language to model other types of data such as images and events. In this paper we propose a representation framework of stochastic AOGs that is agnostic to the type…

Artificial Intelligence · Computer Science 2016-04-13 Kewei Tu

Large language models (LLMs) have recently demonstrated an impressive ability to perform arithmetic and symbolic reasoning tasks, when provided with a few examples at test time ("few-shot prompting"). Much of this success can be attributed…

Computation and Language · Computer Science 2023-01-30 Luyu Gao , Aman Madaan , Shuyan Zhou , Uri Alon , Pengfei Liu , Yiming Yang , Jamie Callan , Graham Neubig