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We propose a unified framework to address a family of classical mixed-integer optimization problems with logically constrained decision variables, including network design, facility location, unit commitment, sparse portfolio selection,…

Optimization and Control · Mathematics 2021-10-19 Dimitris Bertsimas , Ryan Cory-Wright , Jean Pauphilet

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…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Andrea Schaerf

In this paper, we aim at solving the cardinality constrained high-order portfolio optimization, i.e., mean-variance-skewness-kurtosis model with cardinality constraint (MVSKC). Optimization for the MVSKC model is of great difficulty in two…

Portfolio Management · Quantitative Finance 2021-06-11 Jinxin Wang , Zengde Deng , Taoli Zheng , Anthony Man-Cho So

We study constrained clustering, where constraints guide the clustering process. In existing works, two categories of constraints have been widely explored, namely pairwise and cardinality constraints. Pairwise constraints enforce the…

Machine Learning · Computer Science 2023-01-30 Adel Bibi , Ali Alqahtani , Bernard Ghanem

Cardinality-constrained optimization (CCO) is a popular topic in sparse learning and signal recovery, yet remains challenging due to the inherent nonconvexity and discontinuity of cardinality constraints. This paper investigates the exact…

Optimization and Control · Mathematics 2026-05-19 Lili Pan , Huilin Xie , Xianchao Xiu , Jiyuan Tao

We propose a new disjunctive regularization for mathematical programs with complementarity constraints (MPCC). Its feasible set coincides with that of the Kanzow-Schwartz regularization. However, their functional descriptions differ…

Optimization and Control · Mathematics 2026-05-29 Sebastian Lämmel , Vladimir Shikhman

Estimating equations arise in a wide range of statistical applications, including longitudinal and clustered data analysis, survival analysis, econometrics, and semiparametric inference. In high-dimensional settings, adding…

Computation · Statistics 2026-05-27 Weihua Shi , Yixuan Li , Yi Lian , Archer Y. Yang , Yue Zhao

In this paper, we consider a class of sparse regression problems, whose objective function is the summation of a convex loss function and a cardinality penalty. By constructing a smoothing function for the cardinality function, we propose a…

Neural and Evolutionary Computing · Computer Science 2021-06-11 Wenjing Li , Wei Bian

Inspired by regularization techniques in statistics and machine learning, we study complementary composite minimization in the stochastic setting. This problem corresponds to the minimization of the sum of a (weakly) smooth function endowed…

Machine Learning · Computer Science 2024-01-24 Alexandre d'Aspremont , Cristóbal Guzmán , Clément Lezane

In this paper we analyze a family of general random block coordinate descent methods for the minimization of $\ell_0$ regularized optimization problems, i.e. the objective function is composed of a smooth convex function and the $\ell_0$…

Optimization and Control · Mathematics 2014-07-21 Andrei Patrascu , Ion Necoara

We consider a smooth pessimistic bilevel optimization problem, where the lower-level problem is convex and satisfies the Slater constraint qualification. These assumptions ensure that the Karush-Kuhn-Tucker (KKT) reformulation of our…

Optimization and Control · Mathematics 2025-09-15 Imane Benchouk , Lateef Jolaoso , Khadra Nachi , Alain Zemkoho

We consider the issue of solution uniqueness for portfolio optimization problem and its inverse for asset returns with a finite number of possible scenarios. The risk is assessed by deviation measures introduced by [Rockafellar et al.,…

Portfolio Management · Quantitative Finance 2020-10-09 Bogdan Grechuk , Andrzej Palczewski , Jan Palczewski

Trace norm regularization is a widely used approach for learning low rank matrices. A standard optimization strategy is based on formulating the problem as one of low rank matrix factorization which, however, leads to a non-convex problem.…

Machine Learning · Computer Science 2017-08-01 Carlo Ciliberto , Dimitris Stamos , Massimiliano Pontil

Optimization problems with norm-bounding constraints arise in a variety of applications, including portfolio optimization, machine learning, and feature selection. A common approach to these problems involves relaxing the norm constraint…

Optimization and Control · Mathematics 2025-05-08 Danial Davarnia , Mohammadreza Kiaghadi

Many investment models in discrete or continuous-time settings boil down to maximizing an objective of the quantile function of the decision variable. This quantile optimization problem is known as the quantile formulation of the original…

Portfolio Management · Quantitative Finance 2022-01-07 Zuo Quan Xu

In this work, we demonstrate how to apply non-linear cardinality constraints, important for real-world asset management, to quantum portfolio optimization. This enables us to tackle non-convex portfolio optimization problems using quantum…

For mathematical programs with complementarity constraints (MPCC), we study the stability properties of their Scholtes regularization. Our goal is to relate nondegenerate C-stationary points of MPCC with nondegenerate Karush-Kuhn-Tucker…

Optimization and Control · Mathematics 2025-08-06 Vladimir Shikhman , Sebastian Lämmel

We propose, analyze, and test a proximal-gradient method for solving regularized optimization problems with general constraints. The method employs a decomposition strategy to compute trial steps and uses a merit function to determine step…

Optimization and Control · Mathematics 2026-01-16 Frank E. Curtis , Xiaoyi Qu , Daniel P. Robinson

Many different approaches for solving Constraint Satisfaction Problems (CSPs) and related Constraint Optimization Problems (COPs) exist. However, there is no single solver (nor approach) that performs well on all classes of problems and…

Artificial Intelligence · Computer Science 2015-05-11 Mirko Stojadinović , Mladen Nikolić , Filip Marić

Kernel segmentation aims at partitioning a data sequence into several non-overlapping segments that may have nonlinear and complex structures. In general, it is formulated as a discrete optimization problem with combinatorial constraints. A…

Machine Learning · Computer Science 2022-06-23 Tung Doan , Atsuhiro Takasu