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In this paper, we propose the exponential Levy neural network (ELNN) for option pricing, which is a new non-parametric exponential Levy model using artificial neural networks (ANN). The ELNN fully integrates the ANNs with the exponential…

Pricing of Securities · Quantitative Finance 2018-09-18 Jeonggyu Huh

Enforcing complex (e.g., nonconvex) operational constraints is a critical challenge in real-world learning and control systems. However, existing methods struggle to efficiently enforce general classes of constraints. To address this, we…

Machine Learning · Computer Science 2026-04-07 Maria Chzhen , Priya L. Donti

Convolutional neural networks (CNNs) have been shown to achieve optimal approximation and estimation error rates (in minimax sense) in several function classes. However, previous analyzed optimal CNNs are unrealistically wide and difficult…

Machine Learning · Statistics 2023-08-15 Kenta Oono , Taiji Suzuki

Deep learning based on deep neural networks of various structures and architectures has been powerful in many practical applications, but it lacks enough theoretical verifications. In this paper, we consider a family of deep convolutional…

Machine Learning · Computer Science 2020-07-29 Zhiying Fang , Han Feng , Shuo Huang , Ding-Xuan Zhou

Estimation of convex functions finds broad applications in engineering and science, while convex shape constraint gives rise to numerous challenges in asymptotic performance analysis. This paper is devoted to minimax optimal estimation of…

Statistics Theory · Mathematics 2013-06-11 Teresa M. Lebair , Jinglai Shen , Xiao Wang

Neural network based approximate computing is a universal architecture promising to gain tremendous energy-efficiency for many error resilient applications. To guarantee the approximation quality, existing works deploy two neural networks…

Machine Learning · Computer Science 2018-12-19 Zhenghao Peng , Xuyang Chen , Chengwen Xu , Naifeng Jing , Xiaoyao Liang , Cewu Lu , Li Jiang

In this paper, we study a class of bilevel programming problem where the inner objective function is strongly convex. More specifically, under some mile assumptions on the partial derivatives of both inner and outer objective functions, we…

Optimization and Control · Mathematics 2018-02-08 Saeed Ghadimi , Mengdi Wang

Although artificial neural networks have shown great promise in applications including computer vision and speech recognition, there remains considerable practical and theoretical difficulty in optimizing their parameters. The seemingly…

Machine Learning · Computer Science 2016-12-30 Blaine Rister , Daniel L Rubin

We introduce a novel mathematical formulation for the training of feed-forward neural networks with (potentially non-smooth) proximal maps as activation functions. This formulation is based on Bregman distances and a key advantage is that…

Optimization and Control · Mathematics 2022-08-19 Xiaoyu Wang , Martin Benning

Performative prediction is a framework for learning models that influence the data they intend to predict. We focus on finding classifiers that are performatively stable, i.e. optimal for the data distribution they induce. Standard…

Machine Learning · Computer Science 2025-02-07 Mehrnaz Mofakhami , Ioannis Mitliagkas , Gauthier Gidel

We investigate a class of composite nonconvex functions, where the outer function is the sum of univariate extended-real-valued convex functions and the inner function is the limit of difference-of-convex functions. A notable feature of…

Optimization and Control · Mathematics 2024-11-21 Hanyang Li , Ying Cui

Binarized neural networks, or BNNs, show great promise in edge-side applications with resource limited hardware, but raise the concerns of reduced accuracy. Motivated by the complex neural networks, in this paper we introduce complex…

Neural and Evolutionary Computing · Computer Science 2021-04-21 Yanfei Li , Tong Geng , Ang Li , Huimin Yu

Neural networks have become ubiquitous tools for solving signal and image processing problems, and they often outperform standard approaches. Nevertheless, training neural networks is a challenging task in many applications. The prevalent…

Optimization and Control · Mathematics 2022-10-28 Patrick L. Combettes , Jean-Christophe Pesquet , Audrey Repetti

Graph Neural Networks (GNNs) are key tools for graph representation learning, demonstrating strong results across diverse prediction tasks. In this paper, we present Convexified Message-Passing Graph Neural Networks (CGNNs), a novel and…

Machine Learning · Computer Science 2026-01-27 Saar Cohen , Noa Agmon , Uri Shaham

In the first part of this thesis, we focus on American options in the Heston model. We first give an analytical characterization of the value function of an American option as the unique solution of the associated (degenerate) parabolic…

Probability · Mathematics 2019-11-13 Giulia Terenzi

We propose a new framework for black-box convex optimization which is well-suited for situations where gradient computations are expensive. We derive a new method for this framework which leverages several concepts from convex optimization,…

Optimization and Control · Mathematics 2016-02-17 Sébastien Bubeck , Yin-Tat Lee

With the increase in data availability, it has been widely demonstrated that neural networks (NN) can capture complex system dynamics precisely in a data-driven manner. However, the architectural complexity and nonlinearity of the NNs make…

Systems and Control · Electrical Eng. & Systems 2023-08-29 Shaoru Chen , Kong Yao Chee , Nikolai Matni , M. Ani Hsieh , George J. Pappas

Compared to point estimates calculated by standard neural networks, Bayesian neural networks (BNN) provide probability distributions over the output predictions and model parameters, i.e., the weights. Training the weight distribution of a…

Machine Learning · Computer Science 2022-12-01 Philipp Wagner , Xinyang Wu , Marco F. Huber

This paper studies the approximation capacity of neural networks with an arbitrary activation function and with norm constraint on the weights. Upper and lower bounds on the approximation error of these networks are computed for smooth…

Numerical Analysis · Mathematics 2025-12-24 Francesco Paolo Maiale , Anastasiia Trofimova , Arturo De Marinis

We present a novel framework for embedding hard constraint satisfaction into neural network (NN) architectures, specifically feedforward neural networks and transformers, with input-dependent affine constraints of arbitrary cardinality.…

Machine Learning · Computer Science 2026-05-26 Yang Zhao , Jungeun Lee , Jeong hwan Jeon , Sze Zheng Yong