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In this short report, we discuss how coordinate-wise descent algorithms can be used to solve minimum variance portfolio (MVP) problems in which the portfolio weights are constrained by $l_{q}$ norms, where $1\leq q \leq 2$. A portfolio…

Portfolio Management · Quantitative Finance 2013-09-17 Yu-Min Yen

This paper studies the problem of parameter learning in probabilistic graphical models having latent variables, where the standard approach is the expectation maximization algorithm alternating expectation (E) and maximization (M) steps.…

Machine Learning · Computer Science 2017-02-15 Hyeryung Jang , Hyungwon Choi , Yung Yi , Jinwoo Shin

Binary optimization is a central problem in mathematical optimization and its applications are abundant. To solve this problem, we propose a new class of continuous optimization techniques which is based on Mathematical Programming with…

Optimization and Control · Mathematics 2017-12-07 Ganzhao Yuan , Bernard Ghanem

Modern experimental designs often face the so-called treatment cardinality constraint, which is the constraint on the number of included factors in each treatment. Experiments with such constraints are commonly encountered in engineering…

Methodology · Statistics 2026-05-21 Kexin Xie , Ryan Lekivetz , Xinwei Deng

The task of maximizing a monotone submodular function under a cardinality constraint is at the core of many machine learning and data mining applications, including data summarization, sparse regression and coverage problems. We study this…

Data Structures and Algorithms · Computer Science 2023-05-26 Silvio Lattanzi , Slobodan Mitrović , Ashkan Norouzi-Fard , Jakub Tarnawski , Morteza Zadimoghaddam

Numerically computing global policies to optimal control problems for complex dynamical systems is mostly intractable. In consequence, a number of approximation methods have been developed. However, none of the current methods can quantify…

Robotics · Computer Science 2021-03-05 Ashwin Khadke , Hartmut Geyer

This paper studies bandit convex optimization with constraints, where the learner aims to generate a sequence of decisions under partial information of loss functions such that the cumulative loss is reduced as well as the cumulative…

Machine Learning · Computer Science 2023-10-18 Yasunari Hikima

Our recent study (Lin and Ohtsuka, 2024) proposed a new penalty method for solving mathematical programming with complementarity constraints (MPCC). This method first reformulates MPCC as a parameterized nonlinear programming called gap…

Optimization and Control · Mathematics 2025-05-16 Kangyu Lin , Toshiyuki Ohtsuka

Classical portfolio models degrade under structural breaks, whereas flexible machine-learning allocation methods often lack arbitrage consistency and interpretability. We propose Causal PDE-Control Models (CPCMs), a framework that…

Portfolio Management · Quantitative Finance 2026-04-10 Alejandro Rodriguez Dominguez

We study an important variant of the stochastic multi-armed bandit (MAB) problem, which takes penalization into consideration. Instead of directly maximizing cumulative expected reward, we need to balance between the total reward and…

Machine Learning · Statistics 2022-11-16 Guanhua Fang , Ping Li , Gennady Samorodnitsky

A new exact projective penalty method is proposed for the equivalent reduction of constrained optimization problems to nonsmooth unconstrained ones. In the method, the original objective function is extended to infeasible points by summing…

Optimization and Control · Mathematics 2023-12-05 Vladimir Norkin

We show that some common and important global constraints like ALL-DIFFERENT and GCC can be decomposed into simple arithmetic constraints on which we achieve bound or range consistency, and in some cases even greater pruning. These…

Artificial Intelligence · Computer Science 2009-05-26 Christian Bessiere , George Katsirelos , Nina Narodytska , Claude-Guy Quimper , Toby Walsh

The Maximum Common Subgraph is a computationally challenging problem with countless practical applications. Even if it has been long proven NP-hard, its importance still motivates searching for exact solutions. This work starts by…

Data Structures and Algorithms · Computer Science 2020-11-09 Andrea Marcelli , Stefano Quer , Giovanni Squillero

Optimization - minimization or maximization - in the lattice of subsets is a frequent operation in Artificial Intelligence tasks. Examples are subset-minimal model-based diagnosis, nonmonotonic reasoning by means of circumscription, or…

Artificial Intelligence · Computer Science 2016-12-23 Wolfgang Faber , Mauro Vallati , Federico Cerutti , Massimiliano Giacomin

This paper considers the mean-reverting portfolio design problem arising from statistical arbitrage in the financial markets. The problem is formulated by optimizing a criterion characterizing the mean-reversion strength of the portfolio…

Portfolio Management · Quantitative Finance 2016-11-28 Ziping Zhao , Daniel P. Palomar

Translating machine learning algorithms into clinical applications requires addressing challenges related to interpretability, such as accounting for the effect of confounding variables (or metadata). Confounding variables affect the…

Machine Learning · Computer Science 2022-07-12 Anthony Vento , Qingyu Zhao , Robert Paul , Kilian M. Pohl , Ehsan Adeli

Phase retrieval aims at recovering a complex-valued signal from magnitude-only measurements, which attracts much attention since it has numerous applications in many disciplines. However, phase recovery involves solving a system of…

Information Theory · Computer Science 2017-06-13 Wen-Jun Zeng , H. C. So

A memory-efficient framework is described for the cardinality-constrained structured data-fitting problem. Dual-based atom-identification rules are proposed that reveal the structure of the optimal primal solution from near-optimal dual…

Optimization and Control · Mathematics 2022-07-21 Zhenan Fan , Huang Fang , Michael P. Friedlander

Portfolio diversification is one of the most effective ways to minimize investment risk. Individuals and fund managers aim to create a portfolio of assets that not only have high returns but are also uncorrelated. This goal can be achieved…

Computational Engineering, Finance, and Science · Computer Science 2021-12-17 Moein Owhadi-Kareshk , Pierre Boulanger

We study financial networks where banks are connected through bilateral liabilities and may default when resources are insufficient to meet obligations. We consider both the standard proportional clearing model and a priority-proportional…

Computer Science and Game Theory · Computer Science 2026-03-31 Gergely Csáji , Rareş-Ioan Mateiu , Alexandru Popa , Ildikó Schlotter
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