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We develop methods to solve general optimal stopping problems with opportunities to stop that arrive randomly. Such problems occur naturally in applications with market frictions. Pivotal to our approach is that our methods operate on…

We study the maximal displacement of branching random walks in a class of time inhomogeneous environments. Specifically, binary branching random walks with Gaussian increments will be considered, where the variances of the increments change…

Probability · Mathematics 2011-12-07 Ofer Zeitouni , Ming Fang

We consider the best-choice problem for independent (not necessarily iid) observations $X_1, \cdots, X_n$ with the aim of selecting the sample minimum. We show that in this full generality the monotone case of optimal stopping holds and the…

Probability · Mathematics 2021-10-13 Alexander Gnedin , Patryk Kozieł , Małgorzata Sulkowska

When trying to find approximate solutions for the Traveling Salesman Problem with heuristic optimization algorithms, small moves called Lin-$k$-Opts are often used. In our paper, we provide exact formulas for the numbers of possible tours…

Computational Physics · Physics 2007-05-23 Guenther Stattenberger , Markus Dankesreiter , Florian Baumgartner , Johannes J. Schneider

We consider the problem of optimal path planning in different homotopy classes in a given environment. Though important in robotics applications, path-planning with reasoning about homotopy classes of trajectories has typically focused on…

Robotics · Computer Science 2017-10-10 Subhrajit Bhattacharya , Robert Ghrist

We consider the tree-reduced path of symmetric random walk on $\ZZ^{d}$. It is interesting to ask about the number of turns $T_n$ in the reduced path after $n$ steps. This question arises from inverting signature for lattice paths. We show…

Probability · Mathematics 2011-09-27 Yunjiang Jiang , Weijun Xu

Place an obstacle with probability $1-p$ independently at each vertex of $\mathbb Z^d$, and run a simple random walk until hitting one of the obstacles. For $d\geq 2$ and $p$ strictly above the critical threshold for site percolation, we…

Probability · Mathematics 2018-11-06 Jian Ding , Changji Xu

We show that, for a fixed order $\gamma\geq 1$, each local minimizer of a rather general nonsmooth optimization problem in Euclidean spaces is either M-stationary in the classical sense (corresponding to stationarity of order $1$),…

Optimization and Control · Mathematics 2023-02-10 Matúš Benko , Patrick Mehlitz

Consider a point process in Euclidean space obtained by perturbing the integer lattice with independent and identically distributed random vectors. Under mild assumptions on the law of the perturbations, we construct a translation-invariant…

Probability · Mathematics 2025-06-23 Dor Elboim , Yinon Spinka , Oren Yakir

Consider~\(n\) nodes~\(\{X_i\}_{1 \leq i \leq n}\) independently distributed in the unit square~\(S,\) each according to a distribution~\(f\) and let~\(K_n\) be the complete graph formed by joining each pair of nodes by a straight line…

Probability · Mathematics 2020-11-24 Ghurumuruhan Ganesan

In this paper, we study the problem of map matching with travel time constraints. Given a sequence of $k$ spatio-temporal measurements and an embedded path graph with travel time costs, the goal is to snap each measurement to a close-by…

Computational Geometry · Computer Science 2025-06-24 Yannick Bosch , Sabine Storandt

We prove stochastic stability of chaotic maps for a general class of Markov random perturbations (including singular ones) satisfying some kind of mixing conditions. One of the consequences of this statement is the proof of Ulam's…

chao-dyn · Physics 2017-01-16 Michael Blank , Gerhard Keller

We investigate a model of continuous-time simple random walk paths in $\mathbb{Z}^d$ undergoing two competing interactions: an attractive one towards the large values of a random potential, and a self-repellent one in the spirit of the…

In this work, we investigate an optimization problem over adapted couplings between pairs of real valued random variables, possibly describing random times. We relate those couplings to a specific class of causal transport plans between…

Probability · Mathematics 2022-10-18 Rémi Lassalle

A variant of the classical optimal transportation problem is: among all joint measures with fixed marginals and which are dominated by a given density, find the optimal one. Existence and uniqueness of solutions to this variant were…

Optimization and Control · Mathematics 2018-01-23 Jonathan Korman , Robert J. McCann

Sampling-based motion planners have proven to be efficient solutions to a variety of high-dimensional, geometrically complex motion planning problems with applications in several domains. The traditional view of these approaches is that…

Robotics · Computer Science 2014-04-09 Andrew Dobson , George V. Moustakides , Kostas E. Bekris

Optimal transport induces the Earth Mover's (Wasserstein) distance between probability distributions, a geometric divergence that is relevant to a wide range of problems. Over the last decade, two relaxations of optimal transport have been…

Optimization and Control · Mathematics 2023-01-18 Thibault Séjourné , Jean Feydy , François-Xavier Vialard , Alain Trouvé , Gabriel Peyré

We consider the problem of fair pricing and hedging under small perturbations of the num\'eraire. We show that for replicable claims, the change of num\'eraire affects neither the fair price nor the hedging strategy. For non-replicable…

Pricing of Securities · Quantitative Finance 2022-08-23 William Busching , Delphine Hintz , Oleksii Mostovyi , Alexey Pozdnyakov

In this article, we study the maximal displacement of critical branching random walk in random environment. Let $M_n$ be the maximal displacement of a particle in generation $n$, and $Z_n$ be the total population in generation $n$, $M$ be…

Probability · Mathematics 2025-03-21 Wenxin Fu , Wenming Hong

In the paper a model problem for the location of a given number $N$ of points in a given region $\Omega$ and with a given resources density $\rho(x)$ is considered. The main difference between the usual location problems and the present one…

Optimization and Control · Mathematics 2013-06-26 Giuseppe Buttazzo , Serena Guarino Lo Bianco , Fabrizio Oliviero