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We investigate the problem of pricing and hedging derivatives of Electricity Futures contract when the underlying asset is not available. We propose to use a cross hedging strategy based on the Futures contract covering the larger delivery…

Pricing of Securities · Quantitative Finance 2014-02-03 Adrien Nguyen Huu , Nadia Oudjane

We study the problem of optimal liquidity withdrawal for a representative liquidity provider (LP) in an automated market maker (AMM). LPs earn fees from trading activity but are exposed to impermanent loss (IL) due to price fluctuations.…

Trading and Market Microstructure · Quantitative Finance 2025-10-21 Philippe Bergault , Sébastien Bieber , Leandro Sánchez-Betancourt

We study the liquid welfare in sequential first-price auctions with budget-limited buyers. We focus on first-price auctions, which are increasingly commonly used in many settings, and consider liquid welfare, a natural and well-studied…

Computer Science and Game Theory · Computer Science 2024-05-15 Giannis Fikioris , Éva Tardos

Deep learning (DL) has proven to be a highly effective approach for developing models in diverse contexts, including visual perception, speech recognition, and machine translation. However, the end-to-end process for applying DL is not…

Machine Learning · Computer Science 2022-05-18 Xuanyi Dong , David Jacob Kedziora , Katarzyna Musial , Bogdan Gabrys

Solidification governs the microstructure and, therefore, the mechanical response of metal components, yet the atomistic details of nucleation and defect formation are often difficult to determine experimentally. Molecular dynamics can…

Computational Physics · Physics 2026-03-26 Ian Störmer , Julija Zavadlav

Regardless of the selected asset class and the level of model complexity (Transformer versus LSTM versus Perceptron/RNN), the GMADL loss function produces superior results than standard MSE-type loss functions and has better numerical…

Computational Finance · Quantitative Finance 2024-12-25 Jakub Michańków , Paweł Sakowski , Robert Ślepaczuk

In open Federated Learning (FL) environments where no central authority exists, ensuring collaboration fairness relies on decentralized reward settlement, yet the prohibitive cost of permissionless blockchains directly clashes with the…

Cryptography and Security · Computer Science 2026-02-27 Shuang Liang , Yang Hua , Linshan Jiang , Peishen Yan , Tao Song , Bin Yao , Haibing Guan

Active learning (AL) techniques optimally utilize a labeling budget by iteratively selecting instances that are most valuable for learning. However, they lack ``prerequisite checks'', i.e., there are no prescribed criteria to pick an AL…

Machine Learning · Computer Science 2024-10-07 Abhishek Ghose , Emma Thuong Nguyen

Federated learning (FL) is proving to be one of the most promising paradigms for leveraging distributed resources, enabling a set of clients to collaboratively train a machine learning model while keeping the data decentralized. The…

Machine Learning · Computer Science 2022-09-12 Mirko Nardi , Lorenzo Valerio , Andrea Passarella

Rideshare platforms, when assigning requests to drivers, tend to maximize profit for the system and/or minimize waiting time for riders. Such platforms can exacerbate biases that drivers may have over certain types of requests. We consider…

Artificial Intelligence · Computer Science 2020-09-08 Vedant Nanda , Pan Xu , Karthik Abinav Sankararaman , John P. Dickerson , Aravind Srinivasan

We propose a novel one-step supervised imitation learning (IL) framework called Adversarial Density Regression (ADR). This IL framework aims to correct the policy learned on unknown-quality to match the expert distribution by utilizing…

Machine Learning · Computer Science 2025-01-14 Ziqi Zhang , Zifeng Zhuang , Jingzehua Xu , Yiyuan Yang , Yubo Huang , Donglin Wang , Shuai Zhang

Real-world federated systems seldom operate on static data: input distributions drift while privacy rules forbid raw-data sharing. We study this setting as Federated Domain-Incremental Learning (FDIL), where (i) clients are heterogeneous,…

Machine Learning · Computer Science 2026-05-29 Longtao Xu , Jian Li

Label Distribution Learning (LDL) is a novel machine learning paradigm that assigns label distribution to each instance. Many LDL methods proposed to leverage label correlation in the learning process to solve the exponential-sized output…

Machine Learning · Computer Science 2023-08-04 Zhiqiang Kou jing wang yuheng jia xin geng

Adversarial Imitation Learning (AIL) faces challenges with sample inefficiency because of its reliance on sufficient on-policy data to evaluate the performance of the current policy during reward function updates. In this work, we study the…

Machine Learning · Computer Science 2024-05-28 Yilei Chen , Vittorio Giammarino , James Queeney , Ioannis Ch. Paschalidis

Federated Learning (FL) has emerged as a promising decentralized learning (DL) approach that enables the use of distributed data without compromising user privacy. However, FL poses several key challenges. First, it is frequently assumed…

Machine Learning · Computer Science 2025-09-29 Zahid Iqbal

We study the security of stock price forecasting using Deep Learning (DL) in computational finance. Despite abundant prior research on the vulnerability of DL to adversarial perturbations, such work has hitherto hardly addressed practical…

Cryptography and Security · Computer Science 2025-05-16 Advije Rizvani , Giovanni Apruzzese , Pavel Laskov

Decentralized Finance (DeFi) lending protocols like Aave v3 rely on over-collateralization to secure loans, yet users frequently face liquidation due to volatile market conditions. Existing risk management tools utilize static health-factor…

Machine Learning · Computer Science 2026-04-17 Fernando Spadea , Oshani Seneviratne

Adaptive charging can charge electric vehicles (EVs) at scale cost effectively, despite the uncertainty in EV arrivals. We formulate adaptive EV charging as a feasibility problem that meets all EVs' energy demands before their deadlines…

Systems and Control · Electrical Eng. & Systems 2021-02-18 Niangjun Chen , Christian Kurniawan , Yorie Nakahira , Lijun Chen , Steven H. Low

With the recent advancements in machine learning (ML), artificial neural networks (ANN) are starting to play an increasingly important role in quantitative finance. Dynamic portfolio optimization is among many problems that have…

Portfolio Management · Quantitative Finance 2024-11-18 Yaacov Kopeliovich , Michael Pokojovy

We model the role of an online platform disrupting a market with unit-demand buyers and unit-supply sellers. Each seller can transact with a subset of the buyers whom she already knows, as well as with any additional buyers to whom she is…

Computer Science and Game Theory · Computer Science 2024-06-12 Luca D'Amico-Wong , Yannai A. Gonczarowski , Gary Qiurui Ma , David C. Parkes