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In a semimartingale financial market model, it is shown that there is equivalence between absence of arbitrage of the first kind (a weak viability condition) and the existence of a strictly positive process that acts as a local martingale…

证券定价 · 定量金融 2010-07-27 Constantinos Kardaras

New proofs are given of the existence of the compensator (or dual predictable projection) of a locally integrable c\'adl\'ag adapted process of finite variation and of the existence of the quadratic variation process for a c\'adl\'ag local…

概率论 · 数学 2014-10-28 Alexander Sokol

Matrix completion is a modern missing data problem where both the missing structure and the underlying parameter are high dimensional. Although missing structure is a key component to any missing data problems, existing matrix completion…

机器学习 · 统计学 2020-03-23 Xiaojun Mao , Raymond K. W. Wong , Song Xi Chen

In this paper, we consider the distributed robust filtering problem, where estimator design is based on a set of coupled linear matrix inequalities (LMIs). We separate the problem and show that the method of multipliers can be applied to…

系统与控制 · 计算机科学 2015-12-08 Jingbo Wu , Li Li , Valery Ugrinovskii , Frank Allgöwer

Constructing a propagation map from a set of scattered measurements finds important applications in many areas, such as localization, spectrum monitoring and management. Classical interpolation-type methods have poor performance in regions…

信号处理 · 电气工程与系统科学 2023-01-25 Hao Sun , Junting Chen

This article introduces two absolutely continuous global-local shrinkage priors to enable stochastic variable selection in the context of high-dimensional matrix exponential spatial specifications. Existing approaches as a means to dealing…

计量经济学 · 经济学 2019-02-06 Michael Pfarrhofer , Philipp Piribauer

We present a machine learning approach for finding minimal equivalent martingale measures for markets simulators of tradable instruments, e.g. for a spot price and options written on the same underlying. We extend our results to markets…

计算金融 · 定量金融 2022-01-13 Hans Buehler , Phillip Murray , Mikko S. Pakkanen , Ben Wood

We introduce a Bayesian perspective for the structured matrix factorization problem. The proposed framework provides a probabilistic interpretation for existing geometric methods based on determinant minimization. We model input data…

机器学习 · 计算机科学 2023-02-17 Gokcan Tatli , Alper T. Erdogan

We extend classical basis constructions from Fourier analysis to attractors for affine iterated function systems (IFSs). This is of interest since these attractors have fractal features, e.g., measures with fractal scaling dimension.…

经典分析与常微分方程 · 数学 2008-02-13 Dorin Ervin Dutkay , Palle E. T. Jorgensen

In this paper we prove that every random variable of the form $F(M_T)$ with $F:\real^d \to\real$ a Borelian map and $M$ a $d$-dimensional continuous Markov martingale with respect to a Markov filtration $\mathcal{F}$ admits an exact…

概率论 · 数学 2011-08-22 Anthony Reveillac

Determinantal point processes (DPPs) are an elegant model for encoding probabilities over subsets, such as shopping baskets, of a ground set, such as an item catalog. They are useful for a number of machine learning tasks, including product…

机器学习 · 统计学 2016-08-17 Mike Gartrell , Ulrich Paquet , Noam Koenigstein

Micro-domes based on a combination of metallic and dielectric multilayer mirrors are studied using a fully vectorial numerical basis-expansion method that accurately accounts for the effects of an arbitrary Bragg stack and can efficiently…

光学 · 物理学 2009-11-10 David H. Foster , Jens U. Noeckel

Fragmentation processes are part of a broad class of models describing the evolution of a system of particles which split apart at random. These models are widely used in biology, materials science and nuclear physics, and their asymptotic…

概率论 · 数学 2020-07-23 Quan Shi , Alexander R. Watson

Supermartingales are here defined on a non-probabilistic setting and can be interpreted solely in terms of superhedging operations. The classical expectation operator is replaced by a pair of subadditive operators one of them providing a…

概率论 · 数学 2023-12-26 C. Bender , S. E. Ferrando , K. Gajewski , A. L. Gonzalez

The geometrical structure of PLS shrinkages is here considered. Firstly, an explicit formula for the shrinkage vector is provided. In that expression, shrinkage factors are expressed a averages of a set of basic shrinkages that depend only…

统计理论 · 数学 2025-10-17 Paolo Foschi

This work is concerned with the theory of initial and progressive enlargements of a reference filtration F with a random time {\tau}. We provide, under an equivalence assumption, slightly stronger than the absolute continuity assumption of…

概率论 · 数学 2011-11-15 Giorgia Callegaro , Monique Jeanblanc , Behnaz Zargari

A structured version of derivative-free random pattern search optimization algorithms is introduced which is able to exploit coordinate partially separable structure (typically associated with sparsity) often present in unconstrained and…

最优化与控制 · 数学 2021-01-13 Margherita Porcelli , Philippe L. Toint

In this paper we study progressive filtration expansions with c\`adl\`ag processes. Using results from the theory of the weak convergence of $\sigma$-fields, we first establish a semimartingale convergence theorem. Then we apply it in a…

概率论 · 数学 2014-09-18 Younes Kchia , Philip Protter

We derive results about geometric means of the Fourier modulus of filters and functions related to refinable distributions with arbitrary dilations and translations. Then we develop multi-scale constructions for dilations by…

经典分析与常微分方程 · 数学 2014-11-04 Wayne M. Lawton

We consider a semimartingale market model when the underlying diffusion has a singular volatility matrix and compute the hedging portfolio for a given payoff function. Recently, the representation problem for such degenerate diffusions with…

概率论 · 数学 2021-03-19 Mine Caglar , Ihsan Demirel , Ali Suleyman Ustunel