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Market conditions change continuously. However, in portfolio's investment strategies, it is hard to account for this intrinsic non-stationarity. In this paper, we propose to address this issue by using the Inverse Covariance Clustering…

Statistical Finance · Quantitative Finance 2022-01-17 Yuanrong Wang , Tomaso Aste

Bayesian Optimization (BO) is a class of black-box, surrogate-based heuristics that can efficiently optimize problems that are expensive to evaluate, and hence admit only small evaluation budgets. BO is particularly popular for solving…

Machine Learning · Computer Science 2024-06-25 Maria Laura Santoni , Elena Raponi , Renato De Leone , Carola Doerr

With the growing deployment of sequential recommender systems in e-commerce and other fields, their black-box interfaces raise security concerns: models are vulnerable to extraction and subsequent adversarial manipulation. Existing…

Information Retrieval · Computer Science 2026-02-13 Hongyue Zhang , Mingming Li , Dongqin Liu , Hui Wang , Yaning Zhang , Xi Zhou , Honglei Lv , Jiao Dai , Jizhong Han

Bayesian Optimization (BO) is a powerful framework for optimizing noisy, expensive-to-evaluate black-box functions. When the objective exhibits invariances under a group action, exploiting these symmetries can substantially improve BO…

Machine Learning · Statistics 2025-09-30 Anthony Bardou , Antoine Gonon , Aryan Ahadinia , Patrick Thiran

In this paper, we propose a machine learning algorithm for time-inconsistent portfolio optimization. The proposed algorithm builds upon neural network based trading schemes, in which the asset allocation at each time point is determined by…

Portfolio Management · Quantitative Finance 2023-09-06 Kristoffer Andersson , Cornelis W. Oosterlee

Modeling and optimization of multi-echelon supply chain systems is challenging as it requires a holistic approach that exploits synergies and interactions between echelons while accurately accounting for variability observed by these…

Optimization and Control · Mathematics 2019-01-03 Anshul Agarwal

Portfolio optimization has been a central problem in finance, often approached with two steps: calibrating the parameters and then solving an optimization problem. Yet, the two-step procedure sometimes encounter the "error maximization"…

Portfolio Management · Quantitative Finance 2021-07-13 Ayse Sinem Uysal , Xiaoyue Li , John M. Mulvey

Performance complementarity of solvers available to tackle black-box optimization problems gives rise to the important task of algorithm selection (AS). Automated AS approaches can help replace tedious and labor-intensive manual selection,…

Neural and Evolutionary Computing · Computer Science 2023-07-03 Ana Kostovska , Anja Jankovic , Diederick Vermetten , Sašo Džeroski , Tome Eftimov , Carola Doerr

We present a detailed study of portfolio optimization using different versions of the quantum approximate optimization algorithm (QAOA). For a given list of assets, the portfolio optimization problem is formulated as quadratic binary…

This paper presents an evolutionary algorithm with a new goal-sequence domination scheme for better decision support in multi-objective optimization. The approach allows the inclusion of advanced hard/soft priority and constraint…

Artificial Intelligence · Computer Science 2011-06-02 E. F. Khor , T. H. Lee , R. Sathikannan , K. C. Tan

Nonlinear dynamical systems with continuous variables can be used for solving combinatorial optimization problems with discrete variables. Numerical simulations of them are also useful as heuristic algorithms with a desirable property,…

Quantum Physics · Physics 2026-04-08 Hayato Goto , Ryo Hidaka , Kosuke Tatsumura

There has been an increasing interest in harnessing deep learning to tackle combinatorial optimization (CO) problems in recent years. Typical CO deep learning approaches leverage the problem structure in the model architecture.…

Artificial Intelligence · Computer Science 2021-02-08 Yiwei Bai , Wenting Zhao , Carla P. Gomes

Portfolio optimization is a fundamental challenge in quantitative finance, requiring robust computational tools that integrate statistical rigor with practical implementation. We present skfolio, an open-source Python library for portfolio…

Machine Learning · Computer Science 2025-07-09 Carlo Nicolini , Matteo Manzi , Hugo Delatte

Black-Box Optimization (BBO) has found successful applications in many fields of science and engineering. Recently, there has been a growing interest in meta-learning particular components of BBO algorithms to speed up optimization and get…

Machine Learning · Computer Science 2024-11-04 Lei Song , Chenxiao Gao , Ke Xue , Chenyang Wu , Dong Li , Jianye Hao , Zongzhang Zhang , Chao Qian

This document details the rationales behind assessing the performance of numerical black-box optimizers on multi-objective problems within the COCO platform and in particular on the biobjective test suite bbob-biobj. The evaluation is based…

Neural and Evolutionary Computing · Computer Science 2016-05-09 Dimo Brockhoff , Tea Tušar , Dejan Tušar , Tobias Wagner , Nikolaus Hansen , Anne Auger

Topic modeling is a very powerful technique in data analysis and data mining but it is generally slow. Many parallelization approaches have been proposed to speed up the learning process. However, they are usually not very efficient because…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-24 Hung Nghiep Tran , Atsuhiro Takasu

We propose a new black-box complexity model for search algorithms evaluating $\lambda$ search points in parallel. The parallel unary unbiased black-box complexity gives lower bounds on the number of function evaluations every parallel unary…

Neural and Evolutionary Computing · Computer Science 2019-02-04 Per Kristian Lehre , Dirk Sudholt

A step-search sequential quadratic programming method is proposed for solving nonlinear equality constrained stochastic optimization problems. It is assumed that constraint function values and derivatives are available, but only stochastic…

Optimization and Control · Mathematics 2024-10-08 Albert S. Berahas , Miaolan Xie , Baoyu Zhou

Finding optimal configurations for Stream Processing Systems (SPS) is a challenging problem due to the large number of parameters that can influence their performance and the lack of analytical models to anticipate the effect of a change.…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-06-22 Pooyan Jamshidi , Giuliano Casale

We propose a faster digital quantum algorithm for portfolio optimization using the digitized-counterdiabatic quantum optimization (DCQO) paradigm in the impulse regime, that is, where the counterdiabatic terms are dominant. Our approach…