Related papers: On a Generalization of Markowitz Preference Relati…
We introduce evolving networks where new vertices preferentially connect to the more central parts of a network. This makes such networks compact. Finite networks grown under the preferential compactness mechanism have complex…
The famous Michael selection theorem deals with the characterisation of paracompact spaces by continuous selections of lower semi-continuous mappings in Banach spaces. In this paper, we will discuss several equivalent forms of this theorem,…
We identify a canonical structure J associated to any first-order theory, the {\it space of definability patterns}. It generalizes the imaginary algebraic closure in a stable theory, and the hyperimaginary bounded closure in simple…
This note adapts the sophisticated Richberg technique for approximation in pluripotential theory to the $F$-potential theory associated to a general nonlinear convex subequation $F \subset J^2(X)$ on a manifold $X$. The main theorem is the…
We show that, under suitably general formulations, covering properties, accumulation properties and filter convergence are all equivalent notions. This general correspondence is exemplified in the study of products. Let $X$ be a product of…
We consider the problem of selecting a portfolio of assets that provides the investor a suitable balance of expected return and risk. With respect to the seminal mean-variance model of Markowitz, we consider additional constraints on the…
Motivated by bifurcation of branches of homoclinic orbits of dynamical systems, we consider families of first-order equations on the real line and introduce a generalisation of previous index theorems by Pejsachowicz, and by Hu and…
We describe a family of hyperplane arrangements depending on a positive integer parameter $r$, which we refer to as the $r$-braid arrangements, and which can be viewed as a generalization of the classical braid arrangement. The wonderful…
We consider the problem of portfolio selection within the classical Markowitz mean-variance framework, reformulated as a constrained least-squares regression problem. We propose to add to the objective function a penalty proportional to the…
The study of complexity and optimization in decision theory involves both partial and complete characterizations of preferences over decision spaces in terms of real-valued monotones. With this motivation, and following the recent…
The object of this paper is to study relationship between successive coefficients of some subclasses of the class of univalent functions in the unit disk. the result obtained is sharp, and is used to provide a new, short proof of the…
Fixed income has received far less attention than equity portfolio optimisation since Markowitz' original work of 1952, partly as a result of the need to model rates and credit risk. We argue that the shape of the efficient frontier is…
The classical theorems of Banach and Stone, Gelfand and Kolmogorov, and Kaplansky show that a compact Hausdorff space $X$ is uniquely determined by the linear isometric structure, the algebraic structure, and the lattice structure,…
In 1967 the author introduced a pre-ordering of all first order complete theories where T is lower than U if it is easier for an ultrapower of a model of T than an ultrapower of a model of U to be saturated. In a long series of recent…
For any $n\geq k\geq l\in\mathbb{N},$ let $S(n,k,l)$ be the set of all those non-negative definite matrices $a\in M_{n}(\mathbb{C})$ with $l\leq\text{rank }a\leq k$. Motivated by applications to $C^{*}$-algebra theory, we investigate the…
We prove that for each Polish space X, the space C(X) of continuous real-valued functions on X satisfies a strong version of the Pytkeev property, if endowed with the compact-open topology. (This shows that whereas it need not be…
In 1992, David Wright proved a remarkable theorem about which contractible open manifolds are covering spaces. He showed that if a one-ended open manifold M has pro-monomorphic fundamental group at infinity which is not pro-trivial and is…
We consider three monads on Top, the category of topological spaces, which formalize topological aspects of probability and possibility in categorical terms. The first one is the Hoare hyperspace monad H, which assigns to every space its…
Let G be a complex Lie group, G_R a real form of G and X a G_R-stable domain of holomorphy in a complex G-manifold. If there is a G_R-invariant strictly plurisubharmonic function on X which has certain exhaustion properties, then we show…
A continuous-time Markowitz's mean-variance portfolio selection problem is studied in a market with one stock, one bond, and proportional transaction costs. This is a singular stochastic control problem,inherently in a finite time horizon.…