Related papers: Autodeleveraging: Impossibilities and Optimization
Diffusion Large Language Models (dLLMs) offer fast, parallel token generation, but their standalone use is plagued by an inherent efficiency-quality tradeoff. We show that, if carefully applied, the attributes of dLLMs can actually be a…
In a discrete-time market, we study model-independent superhedging, while the semi-static superhedging portfolio consists of {\it three} parts: static positions in liquidly traded vanilla calls, static positions in other tradable, yet…
For LLM trading agents to be genuinely trustworthy, they must demonstrate understanding of market dynamics rather than exploitation of memorized ticker associations. Building responsible multi-agent systems demands rigorous signal…
Given the rapid rise of electric vehicles (EVs) worldwide, and the ambitious targets set for the near future, the management of large EV fleets must be seen as a priority. Specifically, we study a scenario where EV charging is managed…
We consider a financial market where stocks are available for dynamic trading, and European and American options are available for static trading (semi-static trading strategies). We assume that the American options are infinitely…
The problem of achieving ultra-reliable and low-latency communication (URLLC) in multi-terminal networks has gained traction in the recent past owing to new wireless applications in vehicular networks. In the context of multi-hop networks,…
Label Distribution Learning (LDL) models supervision as an instance-wise probability distribution, enabling fine-grained learning under inherent ambiguity, but its success relies on high-fidelity label distributions that are costly to…
In recent years, Reinforcement Learning (RL) has been applied to real-world problems with increasing success. Such applications often require to put constraints on the agent's behavior. Existing algorithms for constrained RL (CRL) rely on…
Diffusion Large Language Models (DLLMs) are emerging as a powerful alternative to the dominant Autoregressive Large Language Models, offering efficient parallel generation and capable global context modeling. However, the practical…
Dynamic pricing in high-dimensional markets poses fundamental challenges of scalability, uncertainty, and interpretability. Existing low-rank bandit formulations learn efficiently but rely on latent features that obscure how individual…
The concept of Label Distribution Learning (LDL) is a technique to stabilize classification and regression problems with ambiguous and/or imbalanced labels. A prototypical use-case of LDL is human age estimation based on profile images.…
Large Language Models (LLMs) are evolving into autonomous trading agents, yet existing benchmarks often overlook the interplay between architectural reasoning and strategy consistency. We propose Strat-LLM, a framework grounded in…
We present a new model for finding the optimal placement of electric vehicle charging stations across a multi-period time frame so as to maximise electric vehicle adoption. Via the use of advanced discrete choice models and user classes,…
The cryptocurrency market is volatile, non-stationary and non-continuous. Together with liquid derivatives markets, this poses a unique opportunity to study risk management, especially the hedging of options, in a turbulent market. We study…
We consider the hedging error of a derivative due to discrete trading in the presence of a drift in the dynamics of the underlying asset. We suppose that the trader wishes to find rebalancing times for the hedging portfolio which enable him…
Cross-chain bridges constitute the single largest vector of systemic risk in Decentralized Finance (DeFi), accounting for over \$2.8 billion in losses since 2021. The fundamental vulnerability lies in the binary nature of existing bridge…
Large language models (LLMs) are increasingly used for long-content generation (e.g., long Chain-of-Thought reasoning) where decoding efficiency becomes a critical bottleneck: Autoregressive decoding is inherently limited by its sequential…
We study the convergence of the Augmented Decomposition Algorithm (ADA) proposed in [32] for solving multi-block separable convex minimization problems subject to linear constraints. We show that the global convergence rate of the exact ADA…
In the Proof of Stake (PoS) Ethereum ecosystem, users can stake ETH on Lido to receive stETH, a Liquid Staking Derivative (LSD) that represents staked ETH and accrues staking rewards. LSDs improve the liquidity of staked assets by…
We study an optimal execution problem in illiquid markets with both instantaneous and persistent price impact and stochastic resilience when only absolutely continuous trading strategies are admissible. In our model the value function can…