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Classical asset pricing relies on the risk-neutral measure $Q$ for valuation, yet its economic interpretation is typically anchored in a physical measure $P$. This creates an inherent asymmetry: pricing is governed by $Q$, while meaning…

Mathematical Finance · Quantitative Finance 2026-04-07 Li Lin

Financial markets are of much interest to researchers due to their dynamic and stochastic nature. With their relations to world populations, global economies and asset valuations, understanding, identifying and forecasting trends and…

Statistical Finance · Quantitative Finance 2021-08-13 Peter Akioyamen , Yi Zhou Tang , Hussien Hussien

Geometric arbitrage theory reformulates a generic asset model possibly allowing for arbitrage by packaging all asset and their forward dynamics into a stochastic principal fibre bundle, with a connection whose parallel transport encodes…

Risk Management · Quantitative Finance 2021-01-05 Simone Farinelli , Hideyuki Takada

We propose a novel QTGNN framework for detecting fraudulent transactions in large-scale financial networks. By integrating quantum embedding, variational graph convolutions, and topological data analysis, QTGNN captures complex transaction…

Machine Learning · Computer Science 2025-12-04 Mohammad Doost , Mohammad Manthouri

The relationship between micro-structure and macro-structure of complex systems using information geometry has been dealt by several authors. From this perspective, we are going to apply it as a geometrical structure connecting both…

General Finance · Quantitative Finance 2013-10-17 M. E. Kahil

The advent of Unified Multimodal Models (UMMs) signals a paradigm shift in artificial intelligence, moving from passive perception to active, cross-modal generation. Despite their unprecedented ability to synthesize information, a critical…

Artificial Intelligence · Computer Science 2026-01-15 Jingxuan Wei , Caijun Jia , Xi Bai , Xinglong Xu , Siyuan Li , Linzhuang Sun , Bihui Yu , Conghui He , Lijun Wu , Cheng Tan

This paper introduces a transformative framework for managing path-dependent financial risk by shifting from traditional distribution-centric models to a geometry-based approach. We propose the SigSwap as a new regulatory instrument that…

Risk Management · Quantitative Finance 2026-03-26 Daniel Bloch

We introduce a Geometry Informed Model for financial forecasting by embedding high dimensional market data onto constant curvature 2manifolds. Guided by the uniformization theorem, we model market dynamics as Brownian motion on spherical…

Statistical Finance · Quantitative Finance 2026-01-13 Panagiotis G. Papaioannou , Athanassios N. Yannacopoulos

The problem of identifying change points in high-dimensional Gaussian graphical models (GGMs) in an online fashion is of interest, due to new applications in biology, economics and social sciences. The offline version of the problem, where…

Statistics Theory · Mathematics 2020-03-18 Hossein Keshavarz , George Michailidis

Designing automated market makers (AMMs) for prediction markets on combinatorial securities over large outcome spaces poses significant computational challenges. Prior research has primarily focused on combinatorial prediction markets…

Computer Science and Game Theory · Computer Science 2024-11-15 Prommy Sultana Hossain , Xintong Wang , Fang-Yi Yu

We propose a simple non-equilibrium model of a financial market as an open system with a possible exchange of money with an outside world and market frictions (trade impacts) incorporated into asset price dynamics via a feedback mechanism.…

Statistical Finance · Quantitative Finance 2019-05-29 Igor Halperin , Matthew Dixon

This study introduces geometric algebra to decompose credit system relationships into their projective (correlation-like) and rotational (feedback-spiral) components. We represent economic states as multi-vectors in Clifford algebra, where…

General Finance · Quantitative Finance 2025-10-21 Agus Sudjianto , Sandi Setiawan

Isogeometric analysis is a recently developed computational approach that integrates finite element analysis directly into design described by non-uniform rational B-splines (NURBS). In this paper we show that price surfaces that occur in…

Computational Finance · Quantitative Finance 2019-10-02 Jan Pospíšil , Vladimír Švígler

We propose two types of Quantile Graphical Models (QGMs) --- Conditional Independence Quantile Graphical Models (CIQGMs) and Prediction Quantile Graphical Models (PQGMs). CIQGMs characterize the conditional independence of distributions by…

Statistics Theory · Mathematics 2019-10-29 Alexandre Belloni , Mingli Chen , Victor Chernozhukov

Herding -- where agents align their behaviors and act collectively -- is a central driver of market fragility and systemic risk. Existing approaches to quantify herding rely on price-correlation statistics, which inherently lag because they…

Multiagent Systems · Computer Science 2026-05-13 Lake Yang , Junwei Su , Jingfeng Zeng , Wenhao Lu , Xingzhi Qian , Weitong Zhang , Chuan Wu , Dunhong Jin

We propose a sequential monitoring scheme to find structural breaks in real estate markets. The changes in the real estate prices are modeled by a combination of linear and autoregressive terms. The monitoring scheme is based on a detector…

Econometrics · Economics 2020-02-12 Lajos Horváth , Zhenya Liu , Shanglin Lu

Dynamic geometry systems (DGS) have become basic tools in many areas of geometry as, for example, in education. Geometry Automated Theorem Provers (GATP) are an active area of research and are considered as being basic tools in future…

Computational Geometry · Computer Science 2014-05-15 Yannis Haralambous , Pedro Quaresma

We identify a robust structural signature of stock markets during exogenous shock events by analyzing collective return dynamics across G5 countries. Using Random Matrix Theory, we introduce the complexity gap, defined as the difference…

Statistical Finance · Quantitative Finance 2026-04-22 Kundan Mukhia , Imran Ansari , Md. Nurujjaman

Experimental sciences have come to depend heavily on our ability to organize and interpret high-dimensional datasets. Natural laws, conservation principles, and inter-dependencies among observed variables yield geometric structure, with…

Quantum Physics · Physics 2022-12-15 Akshat Kumar , Mohan Sarovar

The programmable and composable nature of smart contract protocols has enabled the emergence of novel market structures and asset classes that are architecturally frictional to implement in traditional financial paradigms. This fluidity has…

Trading and Market Microstructure · Quantitative Finance 2025-10-08 Althea Sterrett , Austin Adams
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