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We address the problem of portfolio optimization under the simplest coherent risk measure, i.e. the expected shortfall. As it is well known, one can map this problem into a linear programming setting. For some values of the external…

Physics and Society · Physics 2008-12-02 Stefano Ciliberti , Imre Kondor , Marc Mezard

Hospital readmission prediction is critical for clinical decision support, aiming to identify patients at risk of returning within 30 days post-discharge. High readmission rates often indicate inadequate treatment or post-discharge care,…

Machine Learning · Computer Science 2024-12-18 Zhenyi Fan , Jiaqi Li , Dongyu Luo , Yuqi Yuan

Visual Parameter-Efficient Fine-Tuning (PEFT) has become a powerful alternative for full fine-tuning so as to adapt pre-trained vision models to downstream tasks, which only tunes a small number of parameters while freezing the vast…

Computer Vision and Pattern Recognition · Computer Science 2023-09-01 Haoyu He , Jianfei Cai , Jing Zhang , Dacheng Tao , Bohan Zhuang

Project portfolio management is an essential process for organizations aiming to optimize the value of their R&D investments. In this article, we introduce a new tool designed to support the prioritization of projects within project…

Portfolio Management · Quantitative Finance 2025-06-17 Stig-Johan Wiklund , Magnus Ytterstad

The Transformer architecture yields state-of-the-art results in many tasks such as natural language processing (NLP) and computer vision (CV), since the ability to efficiently capture the precise long-range dependency coupling between input…

Machine Learning · Computer Science 2023-01-06 Peiwang Tang , Xianchao Zhang

Despite the recent advancements in offline reinforcement learning via supervised learning (RvS) and the success of the decision transformer (DT) architecture in various domains, DTs have fallen short in several challenging benchmarks. The…

Machine Learning · Computer Science 2023-11-21 Anirudhan Badrinath , Yannis Flet-Berliac , Allen Nie , Emma Brunskill

We propose Mixed-Panels-Transformer Encoder (MPTE), a novel framework for estimating factor models in panel datasets with mixed frequencies and nonlinear signals. Traditional factor models rely on linear signal extraction and require…

Econometrics · Economics 2026-01-26 Alessio Brini , Ekaterina Seregina

Initially introduced as a machine translation model, the Transformer architecture has now become the foundation for modern deep learning architecture, with applications in a wide range of fields, from computer vision to natural language…

Computation and Language · Computer Science 2024-06-21 Martin Courtois , Malte Ostendorff , Leonhard Hennig , Georg Rehm

Time series forecasting remains a critical challenge across various domains, often complicated by high-dimensional data and long-term dependencies. This paper presents a novel transformer architecture for time series forecasting,…

Machine Learning · Computer Science 2025-02-12 Yanlong Wang , Jian Xu , Fei Ma , Shao-Lun Huang , Danny Dongning Sun , Xiao-Ping Zhang

We present a novel approach for test-time adaptation via online self-training, consisting of two components. First, we introduce a statistical framework that detects distribution shifts in the classifier's entropy values obtained on a…

Machine Learning · Computer Science 2025-01-07 Yarin Bar , Shalev Shaer , Yaniv Romano

Pretrained language models based on the transformer architecture have shown great success in NLP. Textual training data often comes from the web and is thus tagged with time-specific information, but most language models ignore this…

Computation and Language · Computer Science 2022-05-05 Guy D. Rosin , Kira Radinsky

Beta-sorted portfolios -- portfolios comprised of assets with similar covariation to selected risk factors -- are a popular tool in empirical finance to analyze models of (conditional) expected returns. Despite their widespread use, little…

Econometrics · Economics 2024-11-12 Matias D. Cattaneo , Richard K. Crump , Weining Wang

Investment returns naturally reside on irregular domains, however, standard multivariate portfolio optimization methods are agnostic to data structure. To this end, we investigate ways for domain knowledge to be conveniently incorporated…

Signal Processing · Electrical Eng. & Systems 2019-10-17 Bruno Scalzo Dees , Ljubisa Stankovic , Anthony G. Constantinides , Danilo P. Mandic

In Reinforcement Learning (RL), multi-armed Bandit (MAB) problems have found applications across diverse domains such as recommender systems, healthcare, and finance. Traditional MAB algorithms typically assume stationary reward…

Artificial Intelligence · Computer Science 2024-10-10 Gustavo de Freitas Fonseca , Lucas Coelho e Silva , Paulo André Lima de Castro

Designing a single neural network architecture that performs competitively across a range of molecule property prediction tasks remains largely an open challenge, and its solution may unlock a widespread use of deep learning in the drug…

Machine Learning · Computer Science 2021-02-10 Łukasz Maziarka , Tomasz Danel , Sławomir Mucha , Krzysztof Rataj , Jacek Tabor , Stanisław Jastrzębski

Traditional approaches in offline reinforcement learning aim to learn the optimal policy that maximizes the cumulative reward, also known as return. It is increasingly important to adjust the performance of AI agents to meet human…

Machine Learning · Computer Science 2025-06-23 Tsunehiko Tanaka , Kenshi Abe , Kaito Ariu , Tetsuro Morimura , Edgar Simo-Serra

Transformer-based models have emerged as a leading architecture for natural language processing, natural language generation, and image generation tasks. A fundamental element of the transformer architecture is self-attention, which allows…

Machine Learning · Computer Science 2025-07-01 Venmugil Elango

This study develops and evaluates a deep reinforcement learning framework for dynamic portfolio allocation across global equity markets. The Soft Actor-Critic algorithm is used to learn continuous portfolio weights within a Markov Decision…

Portfolio Management · Quantitative Finance 2026-05-19 Kamil Kashif , Robert Ślepaczuk

Identifying words that impact a task's performance more than others is a challenge in natural language processing. Transformers models have recently addressed this issue by incorporating an attention mechanism that assigns greater attention…

Computation and Language · Computer Science 2023-03-15 Neşet Özkan Tan , Alex Yuxuan Peng , Joshua Bensemann , Qiming Bao , Tim Hartill , Mark Gahegan , Michael Witbrock

Based on a rough path foundation, we develop a model-free approach to stochastic portfolio theory (SPT). Our approach allows to handle significantly more general portfolios compared to previous model-free approaches based on F{\"o}llmer…

Probability · Mathematics 2023-06-19 Andrew L. Allan , Christa Cuchiero , Chong Liu , David J. Prömel