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Fitting a graphical model to a collection of random variables given sample observations is a challenging task if the observed variables are influenced by latent variables, which can induce significant confounding statistical dependencies…

Machine Learning · Statistics 2020-10-20 Armeen Taeb , Parikshit Shah , Venkat Chandrasekaran

We consider a composite convex minimization problem associated with regularized empirical risk minimization, which often arises in machine learning. We propose two new stochastic gradient methods that are based on stochastic dual averaging…

Optimization and Control · Mathematics 2016-03-09 Tomoya Murata , Taiji Suzuki

We study the optimization landscape of a smooth nonconvex program arising from synchronization over the two-element group $\mathbf{Z}_2$, that is, recovering $z_1, \dots, z_n \in \{\pm 1\}$ from (noisy) relative measurements $R_{ij} \approx…

Optimization and Control · Mathematics 2026-04-16 Andrew D. McRae , Pedro Abdalla , Afonso S. Bandeira , Nicolas Boumal

Methods for forecasting time series adhering to linear constraints have seen notable development in recent years, especially with the advent of forecast reconciliation. This paper extends forecast reconciliation to the open question of…

Methodology · Statistics 2025-10-27 Daniele Girolimetto , Anastasios Panagiotelis , Tommaso Di Fonzo , Han Li

Risk aversion plays a significant and central role in investors' decisions in the process of developing a portfolio. In this framework of portfolio optimization we determine the portfolio that possesses the minimal risk by using a new…

Portfolio Management · Quantitative Finance 2020-09-21 Frédéric Butin

We investigate new convex relaxations for the pooling problem, a classic nonconvex production planning problem in which input materials are mixed in intermediate pools, with the outputs of these pools further mixed to make output products…

Optimization and Control · Mathematics 2018-03-09 James Luedtke , Claudia D'Ambrosio , Jeff Linderoth , Jonas Schweiger

This paper investigates the robust optimal control of sampled-data stochastic systems with multiplicative noise and distributional ambiguity. We consider a class of discrete-time optimal control problems where the controller \emph{jointly}…

Optimization and Control · Mathematics 2026-02-05 Chung-Han Hsieh

A large portfolio of independent returns is optimized under the variance risk measure with a ban on short positions. The no-short selling constraint acts as an asymmetric $\ell_1$ regularizer, setting some of the portfolio weights to zero…

Portfolio Management · Quantitative Finance 2018-01-17 Imre Kondor , Gábor Papp , Fabio Caccioli

This paper deals with the grouped variable selection problem. A widely used strategy is to augment the negative log-likelihood function with a sparsity-promoting penalty. Existing methods include the group Lasso, group SCAD, and group MCP.…

Methodology · Statistics 2023-11-14 Xiaoqian Liu , Aaron J. Molstad , Eric C. Chi

A key question in many low-rank problems throughout optimization, machine learning, and statistics is to characterize the convex hulls of simple low-rank sets and judiciously apply these convex hulls to obtain strong yet computationally…

Optimization and Control · Mathematics 2025-03-24 Dimitris Bertsimas , Ryan Cory-Wright , Jean Pauphilet

Multivariate linear regression models often face the problem of heteroscedasticity caused by multiple explanatory variables. The weighted least squares estimation with univariate-dependent weights has limitations in constructing weight…

Methodology · Statistics 2026-01-16 Lei Huang , Chengyue Liu , Li Wang

We develop a novel and single-loop variance-reduced algorithm to solve a class of stochastic nonconvex-convex minimax problems involving a nonconvex-linear objective function, which has various applications in different fields such as…

Optimization and Control · Mathematics 2020-10-27 Quoc Tran-Dinh , Deyi Liu , Lam M. Nguyen

In this paper, we revisit the portfolio allocation problem with designated risk-budget [Qian, 2005]. We generalize the problem of arbitrary risk budgets with unequal correlations to one that includes return forecasts and transaction costs…

Computational Engineering, Finance, and Science · Computer Science 2022-10-04 Avinash Bhardwaj , Manjesh K Hanawal , Purushottam Parthasarathy

We propose a new approach to portfolio optimization that utilizes a unique combination of synthetic data generation and a CVaR-constraint. We formulate the portfolio optimization problem as an asset allocation problem in which each asset…

Portfolio Management · Quantitative Finance 2024-05-17 José-Manuel Peña , Fernando Suárez , Omar Larré , Domingo Ramírez , Arturo Cifuentes

The main theme of this work is a unifying algorithm, \textbf{L}oop\textbf{L}ess \textbf{S}ARAH (L2S) for problems formulated as summation of $n$ individual loss functions. L2S broadens a recently developed variance reduction method known as…

Machine Learning · Computer Science 2020-01-17 Bingcong Li , Meng Ma , Georgios B. Giannakis

In this work we present a model for the solution of the multi-period portfolio selection problem. The model is based on a time consistent dynamic risk measure. We apply l1-regularization to stabilize the solution process and to obtain…

Optimization and Control · Mathematics 2018-09-06 Stefania Corsaro , Valentina De Simone , Zelda Marino , Francesca Perla

This paper addresses the challenging issue of symmetry in mixed-integer convex optimization problems, which frequently arise in real-world applications such as the unit commitment problem. Although variable aggregation techniques have been…

Optimization and Control · Mathematics 2026-02-05 Junhao Wu , Shaoze Li , Cheng Lu , Zhibin Deng , Shu-Cherng Fang

MINLO (mixed-integer nonlinear optimization) formulations of the disjunction between the origin and a polytope via a binary indicator variable is broadly used in nonlinear combinatorial optimization for modeling a fixed cost associated with…

Optimization and Control · Mathematics 2024-04-11 Luze Xu , Jon Lee

We develop polynomial-time algorithms for near-optimal minimax mean estimation under $\ell_2$-squared loss in a Gaussian sequence model under convex constraints. The parameter space is an origin-symmetric, type-2 convex body $K \subset…

Statistics Theory · Mathematics 2026-02-27 Matey Neykov

We employ model predictive control for a multi-period portfolio optimization problem. In addition to the mean-variance objective, we construct a portfolio whose allocation is given by model predictive control with a risk-parity objective,…

Portfolio Management · Quantitative Finance 2021-03-22 Xiaoyue Li , A. Sinem Uysal , John M. Mulvey
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