Related papers: On a Generalization of Markowitz Preference Relati…
Let X be a complex manifold of dimension 2, which admits a strictly plurisubharmonic function r which is proper as a function with values in the intervall ]inf r, sup r[. We prove that the concave end of X can be compactified, if and only…
Spaces of convex and concave functions appear naturally in theory and applications. For example, convex regression and log-concave density estimation are important topics in nonparametric statistics. In stochastic portfolio theory, concave…
The literature on ranking from ordinal data is vast, and there are several ways to aggregate overall preferences from pairwise comparisons between objects. In particular, it is well known that any Nash equilibrium of the zero sum game…
In his work on the generalization of the Reeb stability theorem, Thurston conjectured that if the fundamental group of a compact leaf $L$ in a codimension-one transversely orientable foliation is amenable and if the first cohomology group…
We prove that the roots of a smooth monic polynomial with complex-valued coefficients defined on a bounded Lipschitz domain $\Omega$ in $\mathbb R^m$ admit a parameterization by functions of bounded variation uniformly with respect to the…
This paper develops stochastic optimization problems for describing and analyzing behavioral investors with Markowitz Stochastic Dominance (MSD) preferences. Specifically, we establish dominance conditions in a discrete state-space to…
A probabilistic characterization of the dominance partial order on the set of partitions is presented. This extends work in "Symmetric polynomials and symmetric mean inequalities". Electron. J. Combin., 20(3): Paper 34, 2013. Let $n$ be a…
We study a continuous-time Markowitz mean-variance portfolio selection model in which a naive agent, unaware of the underlying time-inconsistency, continuously reoptimizes over time. We define the resulting naive policies through the limit…
In this paper we consider the collaborative ranking setting: a pool of users each provides a small number of pairwise preferences between $d$ possible items; from these we need to predict preferences of the users for items they have not yet…
The topological Tverberg theorem states that any continuous map of a $(d+1)(r-1)$-simplex into the Euclidean $d$-space maps some points from $r$ pairwise disjoint faces of the simplex to the same point whenever $r$ is a prime power. We…
With the good development in the financial industry, the market starts to catch people's eyes, not only by the diversified investing choices ranging from bonds and stocks to futures and options but also by the general "high-risk,…
We explain how to see finite combinatorics of preorders implicit in the {text} of basic topological definitions or arguments in (Bourbaki, General topology, Ch.I), and define a concise combinatorial notation such that complete definitions…
In this note, we continue to highlight some applications of Theorem 1 of [3]. Here is a sample: Let $X$ be an open set in ${\bf C}^n$, $\Omega$ an open convex set in ${\bf C}$ and $f, g : X\to {\bf C}$ two holomorphic functions such that…
The classical Liouville theorem states that a bounded harmonic function on all of $\RR^n$ must be constant. In the early 1970s, S.T. Yau vastly generalized this, showing that it holds for manifolds with nonnegative Ricci curvature.…
Orderability, weak orderability and the existence of continuous weak selections on filter spaces (i.e., spaces with a single non-isolated point) and their products are discussed. We prove that a closed continuous image X of a suborderable…
This paper derives an optimal portfolio that is based on trend-following signal. Building on an earlier related article, it provides a unifying theoretical setting to introduce an autocorrelation model with the covariance matrix of trends…
We consider a reference security, understood to be an attractive investment, with the caveat that an investor is not willing to directly invest in the security, for presence of constraints, either investor specific or pertaining to the…
We prove that if $T: X \to X$ is a selfmap of a set $X$ such that $\bigcap \{T^{n}X: n\in N}\}$ is a one-point set, then the set $X$ can be endowed with a compact Hausdorff topology so that $T$ is continuous.
A topological group G is h-complete if every continuous homomorphic image of G is (Raikov-)complete; we say that G is hereditarily h-complete if every closed subgroup of G is h-complete. In this paper, we establish open-map properties of…
In this paper, we study the Markovian Pandora's Box Problem, where decisions are governed by both order constraints and Markovianly correlated rewards, structured within a shared directed acyclic graph. To the best of our knowledge,…