Acceptability Indices of Performance for Bounded C`adl`ag Processes....
Indices of acceptability are well suited to frame the axiomatic features of many performance measures, associated to terminal random cash flows.We extend this notion to classes of c`adl`ag processes...
View ArticleThe Fourier Transform Method for Volatility Functional Inference by...
We study the volatility functional inference by Fourier transforms. This spectral framework is advantageous in that it harnesses the power of harmonic analysis to handle missing data and asynchronous...
View ArticleA Rational Finance Explanation of the Stock Predictability Puzzle....
In this paper, we address one of the main puzzles in finance observed in the stock market by proponents of behavioral finance: the stock predictability puzzle. We offer a statistical model within the...
View ArticleRobo-advising: Learning Investor's Risk Preferences via Portfolio Choices....
We introduce a reinforcement learning framework for retail robo-advising. The robo-advisor does not know the investor's risk preference, but learns it over time by observing her portfolio choices in...
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The unexpected effect of high-speed trains on board talent
London-Paris, Barcelona-Madrid, Rome-Bologna â what is common among these city pairs? Surprisingly enough, travelling between these cities is faster by train than by plane. In fact, fast trains...
View ArticleThe Pick 6 and the Rainbow Pick 6
Prepare to handicap the handicappers if you're set on the six.
View ArticleComputation Graphs for AAD and Machine Learning Part I: Introduction to...
First in a series of three articles with code, exploring the notion of computation graph, with words mathematics and code, and application in Machine Learning and finance to compute a vast number of...
View ArticleLIBOR: Don't Fallback, Step Forward
Marc Henrard examines why the LIBOR fallback proposals are not satisfactory â explaining why the main proposal is not achievable in practice and a fundamental revision of the fallback's foundations...
View ArticleThe Emergence of a New Engineering Discipline
The next industrial revolution will require the emergence of a brand new engineering discipline, one that will be dataâdriven, computationally intensive, biologyâinspired, and humanâcentric.
View ArticleShedding Light on Common Misconceptions
Payoff, P&L and financial exchange rate diagrams, the risk of short options, and a long call option with a negative time value.
View ArticleCan We Solve Global Warming with a Little Linear Logic and a Handshake?
Spoiler: I don't know he answer but some upcoming experiments in cryptocurrency may point the was toward an answer.
View ArticleThe Value of Trading Volume in FX: A Trader's Advantage?
Not long ago, decentralization of the FX market hindered real time access to global trade volumes. Things have changedâ¦
View ArticleCars
In case we needed reminding that electricity is going to be the preferred option for powering our cars in the not too distance future, Lotus propels itself into new territory with its first hyper car.
View ArticleThe Age of Miracles Has Not Passed
Our feeling, unfortunately, is that Marc's article will be far from useless.
View ArticleThe skewed world of Jan Darasz
Wilmott, Volume 2019, Issue 104, Page 96-96, November 2019.
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Henri’s Adventures in Phase Space
An Intuitive Approach to Topics in Dynamical SystemsContinue reading on Cantorâs Paradise »
View ArticleMarie-Louise Huth Named Chief Counsel in Division of Economic and Risk Analysis
The Securities and Exchange Commission today named Marie-Louise (Malou) Huth as Chief Counsel for the Division of Economic and Risk Analysis (DERA).  Ms. Huth will lead DERAâs Office of the Chief...
View ArticleIs surge pricing the fairest way to manage demand?
Is surge pricing the fairest way to manage demand? https://t.co/12uGMd8mU4 â moneyscience (@moneyscience) November 13, 2019
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