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We develop an efficient pricing approach for guaranteed minimum withdrawal benefits (GMWBs) with continuous withdrawals under a realistic modeling setting with jump-diffusions and stochastic interest rate. Utilizing an impulse stochastic…

Computational Finance · Quantitative Finance 2023-10-03 Yaowen Lu , Duy-Minh Dang

We prove precise rates of convergence for monotone approximation schemes of fractional and nonlocal Hamilton-Jacobi-Bellman (HJB) equations. We consider diffusion corrected difference-quadrature schemes from the literature and new…

Analysis of PDEs · Mathematics 2023-09-04 Indranil Chowdhury , Espen R. Jakobsen

We consider the general nonlinear optimization problem where the objective function has an additional term defined by the $ \ell_0 $-quasi-norm in order to promote sparsity of a solution. This problem is highly difficult due to its…

Optimization and Control · Mathematics 2023-12-27 Christian Kanzow , Felix Weiß

The problem of detecting a single anomalous process among multiple independent processes is considered. Under a constraint on the number of processes that can be probed simultaneously, the decision maker should decide which processes to…

Signal Processing · Electrical Eng. & Systems 2021-01-15 Fengfan Qin , Da Chen , Hui Feng , Qing Zhao , Tao Yang , Bo Hu

We consider the problem of minimizing a convex function over the intersection of finitely many simple sets which are easy to project onto. This is an important problem arising in various domains such as machine learning. The main difficulty…

Optimization and Control · Mathematics 2017-10-19 Achintya Kundu , Francis Bach , Chiranjib Bhattacharyya

We propose a novel penalty method framework for the non-self-adjoint topology optimization problems, taking compliant mechanism problems as an example, by incorporating a convex nonlocal perimeter approximation scheme. We rigorously analyze…

Optimization and Control · Mathematics 2026-03-03 Wei Gong , Yuanda Ye

$ $In many optimization problems, a feasible solution induces a multi-dimensional cost vector. For example, in load-balancing a schedule induces a load vector across the machines. In $k$-clustering, opening $k$ facilities induces an…

Data Structures and Algorithms · Computer Science 2018-11-14 Deeparnab Chakrabarty , Chaitanya Swamy

We consider the P1/P1 or P1b/P1 finite element approximations to the Stokes equations in a bounded smooth domain subject to the slip boundary condition. A penalty method is applied to address the essential boundary condition $u\cdot n = g$…

Numerical Analysis · Mathematics 2015-05-26 Takahito Kashiwabara , Issei Oikawa , Guanyu Zhou

This paper presents a novel model predictive control strategy for controlling autonomous motion systems moving through an environment with obstacles of general shape. In order to solve such a generic non-convex optimization problem and find…

Optimization and Control · Mathematics 2018-08-28 Ben Hermans , Panagiotis Patrinos , Goele Pipeleers

This paper deals with existence and uniqueness, in viscosity sense, of a solution for a system of m variational partial differential inequalities with inter-connected obstacles. A particular case of this system is the deterministic version…

Optimization and Control · Mathematics 2012-11-22 Said Hamadène , Marie-Amélie Morlais

Optimal control problems involving hybrid binary-continuous control costs are challenging due to their lack of convexity and weak lower semicontinuity. Replacing such costs with their convex relaxation leads to a primal-dual optimality…

Optimization and Control · Mathematics 2017-02-27 Christian Clason , Kazufumi Ito , Karl Kunisch

Sparse parametric models are of great interest in statistical learning and are often analyzed by means of regularized estimators. Pathwise methods allow to efficiently compute the full solution path for penalized estimators, for any…

Machine Learning · Statistics 2024-12-06 Alessandro De Gregorio , Francesco Iafrate

Simultaneous perturbation stochastic approximation (SPSA) is widely used in stochastic optimization due to its high efficiency, asymptotic stability, and reduced number of required loss function measurements. However, the standard SPSA…

Optimization and Control · Mathematics 2023-02-07 Zhichao Jia , Ziyi Wei , James C. Spall

This paper introduces a non-variational quantum algorithm designed to solve a wide range of combinatorial optimisation problems, including constrained and non-binary problems. The algorithm leverages an engineered interference process…

Quantum Physics · Physics 2024-08-02 Tavis Bennett , Lyle Noakes , Jingbo Wang

Optimal control problems including partial differential equation (PDE) as well as integer constraints merge the combinatorial difficulties of integer programming and the challenges related to large-scale systems resulting from discretized…

Numerical Analysis · Mathematics 2021-09-09 Dominik Garmatter , Margherita Porcelli , Francesco Rinaldi , Martin Stoll

We devise new variants of the following nonconforming finite element methods: DG methods of fixed arbitrary order for the Poisson problem, the Crouzeix-Raviart interior penalty method for linear elasticity, and the quadratic $C^0$ interior…

Numerical Analysis · Mathematics 2017-10-11 Andreas Veeser , Pietro Zanotti

The article is devoted to some adaptive methods for variational inequalities with relatively smooth and relatively strongly monotone operators. Starting from the recently proposed proximal variant of the extragradient method for this class…

Optimization and Control · Mathematics 2023-08-02 S. S. Ablaev , F. S. Stonyakin , M. S. Alkousa , D. A. Pasechnyuk

In this paper, we address variational inequalities (VI) with a finite sum structure by proposing a novel single-loop variance-reduced algorithm that incorporates the Bregman distance. Under the monotone setting, we establish the almost sure…

Optimization and Control · Mathematics 2025-11-21 Wang Zhong-bao , Zhang Zhong-cheng

Chance constraints are a valuable tool for the design of safe decisions in uncertain environments; they are used to model satisfaction of a constraint with a target probability. However, because of possible non-convexity and non-smoothness,…

Optimization and Control · Mathematics 2021-03-22 Yassine Laguel , Jérôme Malick , Wim Ackooij

The variational quantum eigensolver (VQE) is a promising algorithm to compute eigenstates and eigenenergies of a given quantum system that can be performed on a near-term quantum computer. Obtaining eigenstates and eigenenergies in a…

Quantum Physics · Physics 2021-03-10 Kohdai Kuroiwa , Yuya O. Nakagawa