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In this paper we derive the optimal execution trajectory for a trader who wishes to buy or sell a large position of shares which evolve as a geometric Brownian process in contrast to the arithmetic model which prevails in the existing…

Portfolio Management · Quantitative Finance 2009-11-25 Gerardo Hernandez-del-Valle , Carlos Pacheco-Gonzalez

Optimal trading strategies for pairs trading have been studied by models that try to find either optimal shares of stocks by assuming no transaction costs or optimal timing of trading fixed numbers of shares of stocks with transaction…

Trading and Market Microstructure · Quantitative Finance 2019-11-26 Haipeng Xing

The feedback that users provide through their choices (e.g., clicks, purchases) is one of the most common types of data readily available for training search and recommendation algorithms. However, myopically training systems based on…

Information Retrieval · Computer Science 2024-01-09 Kianté Brantley , Zhichong Fang , Sarah Dean , Thorsten Joachims

Speculative decoding has emerged as a promising technique to accelerate the inference of Large Language Models (LLMs) by employing a small language model to draft a hypothesis sequence, which is then validated by the LLM. The effectiveness…

Computation and Language · Computer Science 2024-07-24 Zhuocheng Gong , Jiahao Liu , Ziyue Wang , Pengfei Wu , Jingang Wang , Xunliang Cai , Dongyan Zhao , Rui Yan

Tuning of model-based boosting algorithms relies mainly on the number of iterations, while the step-length is fixed at a predefined value. For complex models with several predictors such as Generalized Additive Models for Location, Scale…

Methodology · Statistics 2021-02-19 Boyao Zhang , Tobias Hepp , Sonja Greven , Elisabeth Bergherr

Neural abstractive summarization models are flexible and can produce coherent summaries, but they are sometimes unfaithful and can be difficult to control. While previous studies attempt to provide different types of guidance to control the…

Computation and Language · Computer Science 2021-04-20 Zi-Yi Dou , Pengfei Liu , Hiroaki Hayashi , Zhengbao Jiang , Graham Neubig

Graph Neural Networks (GNNs) have evolved to understand graph structures through recursive exchanges and aggregations among nodes. To enhance robustness, self-supervised learning (SSL) has become a vital tool for data augmentation.…

Computation and Language · Computer Science 2024-05-08 Jiabin Tang , Yuhao Yang , Wei Wei , Lei Shi , Lixin Su , Suqi Cheng , Dawei Yin , Chao Huang

A novel method for control of dynamical systems, proposed in the paper, ensures an output signal belonging to the given set at any time. The method is based on a special change of coordinates such that the initial problem with given…

Systems and Control · Electrical Eng. & Systems 2019-12-19 Igor Furtat

System Level Synthesis (SLS) allows us to construct internally stabilizing controllers for large-scale systems. However, solving large-scale SLS problems is computationally expensive and the state-of-the-art methods consider only state…

Optimization and Control · Mathematics 2022-06-07 Lauren Conger , Shih-Hao Tseng

Automated lay summarisation (LS) aims to simplify complex technical documents into a more accessible format to non-experts. Existing approaches using pre-trained language models, possibly augmented with external background knowledge, tend…

Computation and Language · Computer Science 2024-02-22 Zheheng Luo , Qianqian Xie , Sophia Ananiadou

In this paper, we revisit the large-scale constrained linear regression problem and propose faster methods based on some recent developments in sketching and optimization. Our algorithms combine (accelerated) mini-batch SGD with a new…

Machine Learning · Computer Science 2018-02-12 Di Wang , Jinhui Xu

Regularized estimators in the context of group variables have been applied successfully in model and feature selection in order to preserve interpretability. We formulate a Distributionally Robust Optimization (DRO) problem which recovers…

Statistics Theory · Mathematics 2017-05-12 Jose Blanchet , Yang Kang

Biological and advanced cyberphysical control systems often have limited, sparse, uncertain, and distributed communication and computing in addition to sensing and actuation. Fortunately, the corresponding plants and performance…

Systems and Control · Electrical Eng. & Systems 2019-07-08 Yuh-Shyang Wang , Nikolai Matni , John C. Doyle

We propose a new method (implemented in an R-program) to simulate long-range daily stock-price data. The program reproduces various stylized facts much better than various parametric models from the extended GARCH-family. In particular, the…

Statistical Finance · Quantitative Finance 2016-12-16 Laurie Davies , Walter Krämer

Stochastic local search (SLS) is a successful paradigm for solving the satisfiability problem of propositional logic. A recent development in this area involves solving not the original instance, but a modified, yet logically equivalent…

Data Structures and Algorithms · Computer Science 2021-07-02 Florian Wörz , Jan-Hendrik Lorenz

Understanding how the collective activity of neural populations relates to computation and ultimately behavior is a key goal in neuroscience. To this end, statistical methods which describe high-dimensional neural time series in terms of…

Neurons and Cognition · Quantitative Biology 2025-01-14 Amber Hu , David Zoltowski , Aditya Nair , David Anderson , Lea Duncker , Scott Linderman

One of the most enticing research areas is the stock market, and projecting stock prices may help investors profit by making the best decisions at the correct time. Deep learning strategies have emerged as a critical technique in the field…

Artificial Intelligence · Computer Science 2024-07-26 Karan Pardeshi , Sukhpal Singh Gill , Ahmed M. Abdelmoniem

With the rapid development of artificial intelligence, data-driven methods effectively overcome limitations in traditional portfolio optimization. Conventional models primarily employ long-only mechanisms, excluding highly correlated assets…

Computational Finance · Quantitative Finance 2025-03-18 Gang Huang , Xiaohua Zhou , Qingyang Song

Established techniques for simulation and prediction with Gaussian process (GP) dynamics often implicitly make use of an independence assumption on successive function evaluations of the dynamics model. This can result in significant error…

Machine Learning · Computer Science 2020-05-05 Lukas Hewing , Elena Arcari , Lukas P. Fröhlich , Melanie N. Zeilinger

This paper proposes a framework for adaptively learning a feedback linearization-based tracking controller for an unknown system using discrete-time model-free policy-gradient parameter update rules. The primary advantage of the scheme over…

Machine Learning · Computer Science 2020-04-07 Tyler Westenbroek , Eric Mazumdar , David Fridovich-Keil , Valmik Prabhu , Claire J. Tomlin , S. Shankar Sastry