Related papers: Free Lunch for Optimisation under the Universal Di…
Over the past decade, several researchers have presented various optimisation algorithms for use in truss design. The no free lunch theorem implies that no optimisation algorithm fits all problems; therefore, the interest is not only in the…
Tree ensembles, including boosting methods, are highly effective and widely used for tabular data. However, large ensembles lack interpretability and require longer inference times. We introduce a method to prune a tree ensemble into a…
There is no free lunch, no single learning algorithm that will outperform other algorithms on all data. In practice different approaches are tried and the best algorithm selected. An alternative solution is to build new algorithms on demand…
Multitask learning and related frameworks have achieved tremendous success in modern applications. In multitask learning problem, we are given a set of heterogeneous datasets collected from related source tasks and hope to enhance the…
We investigate the impossibility of universally winning trading strategies -- those generating strict profit across all market trajectories -- through three distinct mathematical paradigms. Fundamentally, under standard admissibility…
The "No Free Lunch" theorem dictates that no single recommender algorithm is optimal for all users, creating a significant Algorithm Selection Problem. Standard meta-learning approaches aim to solve this by selecting an algorithm based on…
We show how the necessary and sufficient conditions for the NFL to apply can be reduced to the single requirement of the set of objective functions under consideration being closed under permutation, and quantify the extent to which a set…
We show that strategies implemented in automatic theorem proving involve an interesting tradeoff between execution speed, proving speedup/computational time and usefulness of information. We advance formal definitions for these concepts by…
The no-free-lunch (NFL) theorem is a celebrated result in learning theory that limits one's ability to learn a function with a training data set. With the recent rise of quantum machine learning, it is natural to ask whether there is a…
Machine learning methods often fail when deployed in the real world. Worse still, they fail in high-stakes situations and across socially sensitive lines. These issues have a chilling effect on the adoption of machine learning methods in…
In this overview article we will consider the deliberate restarting of algorithms, a meta technique, in order to improve the algorithm's performance, e.g., convergence rates or approximation guarantees. One of the major advantages is that…
Experimental and observational studies often lack validity due to untestable assumptions. We propose a double machine learning approach to combine experimental and observational studies, allowing practitioners to test for assumption…
Although a large number of optimization algorithms have been proposed for black box optimization problems, the no free lunch theorems inform us that no algorithm can beat others on all types of problems. Different types of optimization…
The main result of the paper is a version of the fundamental theorem of asset pricing (FTAP) for large financial markets based on an asymptotic concept of no market free lunch for monotone concave preferences. The proof uses methods from…
In recent years, the field of Transfer Evolutionary Optimization (TrEO) has witnessed substantial growth, fueled by the realization of its profound impact on solving complex problems. Numerous algorithms have emerged to address the…
The No-Free-Lunch (NFL) theorem, which quantifies problem- and data-independent generalization errors regardless of the optimization process, provides a foundational framework for comprehending diverse learning protocols' potential. Despite…
A critical problem in the field of post hoc explainability is the lack of a common foundational goal among methods. For example, some methods are motivated by function approximation, some by game theoretic notions, and some by obtaining…
The impossibility theorem of fairness is a foundational result in the algorithmic fairness literature. It states that outside of special cases, one cannot exactly and simultaneously satisfy all three common and intuitive definitions of…
The remarkable performance of modern AI systems has been driven by unprecedented scales of data, computation, and energy -- far exceeding the resources required by human intelligence. This disparity highlights the need for new guiding…
Token economics has emerged as a useful lens for understanding resource allocation, value creation, and pricing in large language model systems. While recent work has increasingly treated tokens as economic primitives, there remains a…