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We develop a non-parametric, semimartingale optimal transport, calibration methodology for local volatility models with stochastic interest rate. The method finds a fully calibrated model which is the closest, in a way that can be defined…

Mathematical Finance · Quantitative Finance 2025-05-08 Benjamin Joseph , Gregoire Loeper , Jan Obloj

We apply the Gaussian trajectories approach to the study of the critical behavior of two-dimensional dissipative arrays of nonlinear photonic cavities, in presence of two-photon driving and in regimes of sizable loss rates. In spite of the…

Quantum Physics · Physics 2020-05-20 Wouter Verstraelen , Riccardo Rota , Vincenzo Savona , Michiel Wouters

In this paper we investigate a path dependent optimal control problem on the process space with both drift and volatility controls, with possibly degenerate volatility. The dynamic value function is characterized by a fully nonlinear second…

Optimization and Control · Mathematics 2025-07-23 Jianjun Zhou , Nizar Touzi , Jianfeng Zhang

We show that bootstrap methods based on the positivity of probability measures provide a systematic framework for studying both synchronous and asynchronous nonequilibrium stochastic processes on infinite lattices. First, we formulate…

Statistical Mechanics · Physics 2025-11-12 Minjae Cho

Spatially referenced data often have autocovariance functions with elliptical isolevel contours, a property known as geometric anisotropy. The anisotropy parameters include the tilt of the ellipse (orientation angle) with respect to a…

Statistics Theory · Mathematics 2021-10-04 Manolis P. Petrakis , Dionissios T. Hristopulos

Strict stationarity is a common assumption used in the time series literature in order to derive asymptotic distributional results for second-order statistics, like sample autocovariances and sample autocorrelations. Focusing on weak…

Statistics Theory · Mathematics 2023-02-28 Yunyi Zhang , Efstathios Paparoditis , Dimitris N. Politis

We develop a stochastic formulation of the optimally-tuned range-separated hybrid density functional theory which enables significant reduction of the computational effort and scaling of the non-local exchange operator at the price of…

Chemical Physics · Physics 2016-09-28 Daniel Neuhauser , Eran Rabani , Yael Cytter , Roi Baer

We present a derivation and theoretical investigation of the Adams-Bashforth and Adams-Moulton family of linear multistep methods for solving ordinary differential equations, starting from a Gaussian process (GP) framework. In the limit,…

Numerical Analysis · Mathematics 2018-10-10 Onur Teymur , Konstantinos Zygalakis , Ben Calderhead

We propose a second-order (Hessian or Hessian-free) based optimization method for variational inference inspired by Gaussian backpropagation, and argue that quasi-Newton optimization can be developed as well. This is accomplished by…

Machine Learning · Statistics 2017-03-30 Kai Fan , Ziteng Wang , Jeff Beck , James Kwok , Katherine Heller

Maxima of the linear density field form a point process that can be used to understand the spatial distribution of virialized halos that collapsed from initially overdense regions. However, owing to the peak constraint, clustering…

Cosmology and Nongalactic Astrophysics · Physics 2013-05-30 Vincent Desjacques

In this paper, we investigate a second-order stochastic algorithm for solving large-scale binary classification problems. We propose to make use of a new hybrid stochastic Newton algorithm that includes two weighted components in the…

Computation · Statistics 2025-12-02 Bernard Bercu , Luis Fredes , Eméric Gbaguidi

Transition probabilities for stochastic systems can be expressed in terms of a functional integral over paths taken by the system. Evaluating the integral by the saddle point method in the weak-noise limit leads to a remarkable mapping…

Statistical Mechanics · Physics 2023-12-25 S P Fitzgerald , T J W Honour

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

We consider estimation of the parameters of a Gaussian Stochastic Process (GaSP), in the context of emulation (approximation) of computer models for which the outcomes are real-valued scalars. The main focus is on estimation of the GaSP…

Statistics Theory · Mathematics 2017-08-17 Mengyang Gu , Xiaojing Wang , James O. Berger

We propose a general strategy to derive null-homotopy operators for differential complexes based on the Bernstein-Gelfand-Gelfand (BGG) construction and properties of the de Rham complex. Focusing on the elasticity complex, we derive path…

Mathematical Physics · Physics 2019-05-02 Snorre H. Christiansen , Kaibo Hu , Espen Sande

We study monotone P1 finite element methods on unstructured meshes for fully non-linear, degenerately parabolic Isaacs equations with isotropic diffusions arising from stochastic game theory and optimal control and show uniform convergence…

Numerical Analysis · Mathematics 2021-05-07 Bartosz Jaroszkowski , Max Jensen

In this paper we complete our understanding of the role played by the limiting (or residue) function in the context of mod-Gaussian convergence. The question about the probabilistic interpretation of such functions was initially raised by…

Probability · Mathematics 2014-09-10 Pierre-Loïc Méliot , Ashkan Nikeghbali

Although for the most part classical, the topic of electrostatics finds to this day new applications. In this review we highlight several theoretical results on electrostatics, chosen to both illustrate general principles, and for their…

Mathematical Physics · Physics 2026-03-04 Sung-Soo Byun , Peter J. Forrester

A key feature of determinantal sampling designs is their capacity to provide known and parametrisable inclusion probabilities at any order. This paper aims to demonstrate how to effectively leverage this characteristic, highlighting its…

Methodology · Statistics 2025-08-27 Vincent Loons

We study one-dimensional stochastic integral equations with non-smooth dispersion coefficients, and with drift components that are not restricted to be absolutely continuous with respect to Lebesgue measure. In the spirit of Lamperti, Doss…

Probability · Mathematics 2016-02-04 Ioannis Karatzas , Johannes Ruf