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In spite of the growing consideration for optimal execution in the financial mathematics literature, numerical approximations of optimal trading curves are almost never discussed. In this article, we present a numerical method to…

Trading and Market Microstructure · Quantitative Finance 2014-12-30 Olivier Guéant , Jean-Michel Lasry , Jiang Pu

Using Kalman techniques, it is possible to perform optimal estimation in linear Gaussian state-space models. We address here the case where the noise probability density functions are of unknown functional form. A flexible Bayesian…

Statistics Theory · Mathematics 2009-11-13 François Caron , Manuel Davy , Arnaud Doucet , Emmanuel Duflos , Philippe Vanheeghe

We derive the path-integral representation of the fractional Ornstein-Uhlenbeck process driven by Riemann-Liouville fractional Gaussian noise, for both the subdiffusive and superdiffusive regimes. We express the corresponding action, which…

Statistical Mechanics · Physics 2025-12-02 Bing Miao , Gleb Oshanin , Luca Peliti

We consider in this paper the optimal dividend problem for an insurance company whose uncontrolled reserve process evolves as a classical Cram\'{e}r--Lundberg process. The firm has the option of investing part of the surplus in a…

Portfolio Management · Quantitative Finance 2010-10-26 Pablo Azcue , Nora Muler

We consider a nonlinear ordinary differential equation and want to control its behavior so that it reaches a target by minimizing a cost function. Our approach is to use hybrid systems to solve this problem: the complex dynamic is replaced…

Optimization and Control · Mathematics 2008-01-07 Jean-Guillaume Luc Dumas , Aude Rondepierre

A path integral (Lagrangian formalism) is used to derive the effective equations of motion of the anomalous Hall effect with Berry's phase on the basis of the adiabatic condition $|E_{n\pm1}-E_{n}|\gg 2\pi\hbar/T$, where $T$ is the typical…

Strongly Correlated Electrons · Physics 2022-04-20 Kazuo Fujikawa , Koichiro Umetsu

We propose an exact algorithm for solving the longest simple path problem between two given vertices in undirected weighted graphs. By using graph partitioning and dynamic programming, we obtain an algorithm that is significantly faster…

Data Structures and Algorithms · Computer Science 2019-05-10 Kai Fieger , Tomas Balyo , Christian Schulz , Dominik Schreiber

In this paper, we discuss a new general formulation of fractional optimal control problems whose performance index is in the fractional integral form and the dynamics are given by a set of fractional differential equations in the Caputo…

Optimization and Control · Mathematics 2016-08-24 H. M. Ali , F. Lobo Pereira , S. M. A. Gama

Discretizations of the Feynman-Kac path integral representation of the quantum mechanical density matrix are investigated. Each infinite-dimensional path integral is approximated by a Riemann integral over a finite-dimensional function…

Statistical Mechanics · Physics 2007-05-23 Stephen D. Bond , Brian B. Laird , Benedict J. Leimkuhler

A new method is proposed for integrating the equations of motion of an elastic filament. In the standard finite-difference and finite-element formulations the continuum equations of motion are discretized in space and time, but it is then…

Computational Physics · Physics 2009-11-13 Anthony JC Ladd , Gaurav Misra

An approach to approximate evaluation of the continuum Feynman path integrals is developed for the study of quantum fluctuations of particles and fields in Euclidean time-space. The paths are described by sum of Gauss functions and are…

Quantum Physics · Physics 2012-06-20 Takayasu Sekihara

The recent approach based on Hamiltonian systems and the implicit parametri\-za\-tion theorem, provides a general fixed domain approximation method in shape optimization problems, using optimal control theory. In previous works, we have…

Optimization and Control · Mathematics 2022-05-03 Cornel Marius Murea , Dan Tiba

Probabilistic analysis for metric optimization problems has mostly been conducted on random Euclidean instances, but little is known about metric instances drawn from distributions other than the Euclidean. This motivates our study of…

Data Structures and Algorithms · Computer Science 2014-05-26 Karl Bringmann , Christian Engels , Bodo Manthey , B. V. Raghavendra Rao

We introduce an iterative method to search for time-optimal Hamiltonians that drive a quantum system between two arbitrary, and in general mixed, quantum states. The method is based on the idea of progressively improving the efficiency of…

Quantum Physics · Physics 2019-12-25 Francesco Campaioli , William Sloan , Kavan Modi , Felix Alexander Pollock

We propose a globally convergent Gauss-Newton algorithm for finding a local optimal solution of a non-convex and possibly non-smooth optimization problem. The algorithm that we present is based on a Gauss-Newton-type iteration for the…

Optimization and Control · Mathematics 2020-12-08 Ilyes Mezghani , Quoc Tran-Dinh , Ion Necoara , Anthony Papavasiliou

Doi-Peliti methods are developed for stochastic models with finite maximum occupation numbers per site. We provide a generalized framework for the different Fock spaces reported in the literature. Paragrassmannian techniques are then…

Mathematical Physics · Physics 2018-05-09 Chris D. Greenman

An alternative to the effective field theory approach to treat ghosts in higher derivative theories is to attempt to integrate them out via the Euclidean path integral formalism. It has been suggested that this method could provide a…

General Relativity and Quantum Cosmology · Physics 2011-05-25 Michele Fontanini , Mark Trodden

We consider Feynman's path integral approach to quantum mechanics with a noncommutativity in position and momentum sectors of the phase space. We show that a quantum-mechanical system with this kind of noncommutativity is equivalent to the…

High Energy Physics - Theory · Physics 2007-05-23 Branko Dragovich , Zoran Rakic

This paper studies large-scale optimization problems on Riemannian manifolds whose objective function is a finite sum of negative log-probability losses. Such problems arise in various machine learning and signal processing applications. By…

Optimization and Control · Mathematics 2022-07-18 Jiang Hu , Ruicheng Ao , Anthony Man-Cho So , Minghan Yang , Zaiwen Wen

We examine a wide class of stochastic approximation algorithms for solving (stochastic) nonlinear problems on Riemannian manifolds. Such algorithms arise naturally in the study of Riemannian optimization, game theory and optimal transport,…

Optimization and Control · Mathematics 2022-12-29 Mohammad Reza Karimi , Ya-Ping Hsieh , Panayotis Mertikopoulos , Andreas Krause
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