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334 scholarly results for stat.ML
Scholar iON Academic Synthesis
The selected body of research explores diverse facets of economic and market dynamics, centering on the structural, informational, and behavioral aspects that influence decision-making and market efficiency. Wu's study on limit order book dynamics in matching markets challenges conventional models by introducing a microstructure framework that highlights the inefficiencies in monetary compensations to close preference gaps, substantiated by the Threshold Impossibility Theorem. Zhang et al. tackle the complexities of processing non-standardized financial data through a hybrid rule-based and machine learning approach, enhancing data retrieval and NLP applications. Anteneodo, Tsallis, and Martinez delve into risk aversion in economic transactions, employing a generalization of expected utility theory to model the impact of risk attitudes on asset redistribution. Collectively, these studies underscore the significant role of microstructural constraints, data processing innovations, and behavioral economics in understanding and improving market and economic transaction frameworks.
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arxiv.org Β· scholarly article
Limit Order Book Dynamics in Matching Markets: Microstructure, Spread, and Execution Slippage
Yao Wu
2025 arXiv Open Access
Conventional models of matching markets assume that monetary transfers can clear markets by compensating for utility differentials. However, empirical patterns show that such transfers often fail to close structural preference gaps. This paper introduces a market microstructure framework that models matching decisions as a limit order book system with rigid bid ask spreads. Individual preferences are represented by a latent preference state matrix, where the spread between an agent's internal ask price (the unconditional maximum) and the market's best bid (the reachable maximum) creates a structural liquidity constraint. We establish a Threshold Impossibility Theorem showing that linear compensation cannot close these spreads unless it induces a categorical identity shift. A dynamic discrete choice execution model further demonstrates that matches occur only when the market to book ratio crosses a time decaying liquidity threshold, analogous to order execution under inventory pressure. Numerical experiments validate persistent slippage, regional invariance of preference orderings, and high tier zero spread executions. The model provides a unified microstructure explanation for matching failures, compensation inefficiency, and post match regret in illiquid order driven environments.
arxiv.org Β· scholarly article
Reply to arXiv:0711.4930[hep-th] by Ito and Seiler
E. T. Tomboulis
2007 arXiv Open Access
In a recent note (arXiv:0711.4930[hep-th]) Ito and Seiler claim that there is a 'missing link' in the derivation in arXiv:0707.2179[hep-th] by the present author; namely, that no proof of a certain inequality used there is given at weak coupling. Here it is pointed out that in fact no such missing link is present. The argument in 0707.2179 is, among other things, specifically constructed so that the inequality in question is invoked {\it only} at strong coupling, where it is easily proven. Underlying the mangling of the argument in 0707.2179 by Ito and Seiler are their incorrect statements concerning the dependence of the potential-moving decimation procedures used in 0707.2179 on space-time dimensionality and other decimation parameters.
arxiv.org Β· scholarly article
Form 10-Q Itemization
Yanci Zhang; Tianming Du; Yujie Sun; Lawrence Donohue; Rui Dai
2021 arXiv Open Access
The quarterly financial statement, or Form 10-Q, is one of the most frequently required filings for US public companies to disclose financial and other important business information. Due to the massive volume of 10-Q filings and the enormous variations in the reporting format, it has been a long-standing challenge to retrieve item-specific information from 10-Q filings that lack machine-readable hierarchy. This paper presents a solution for itemizing 10-Q files by complementing a rule-based algorithm with a Convolutional Neural Network (CNN) image classifier. This solution demonstrates a pipeline that can be generalized to a rapid data retrieval solution among a large volume of textual data using only typographic items. The extracted textual data can be used as unlabeled content-specific data to train transformer models (e.g., BERT) or fit into various field-focus natural language processing (NLP) applications.
arxiv.org Β· scholarly article
Risk aversion in economic transactions
C. Anteneodo; C. Tsallis; A. S. Martinez
2001 arXiv Open Access DOI: 10.1209/epl/i2002-00172-5
Most people are risk-averse (risk-seeking) when they expect to gain (lose). Based on a generalization of ``expected utility theory'' which takes this into account, we introduce an automaton mimicking the dynamics of economic operations. Each operator is characterized by a parameter q which gauges people's attitude under risky choices; this index q is in fact the entropic one which plays a central role in nonextensive statistical mechanics. Different long term patterns of average asset redistribution are observed according to the distribution of parameter q (chosen once for ever for each operator) and the rules (e.g., the probabilities involved in the gamble and the indebtedness restrictions) governing the values that are exchanged in the transactions. Analytical and numerical results are discussed in terms of how the sensitivity to risk affects the dynamics of economic transactions.
arxiv.org Β· scholarly article
Albite feldspar dissolution kinetics as a function of the Gibbs free energy at high pCO_2
Roland Hellmann; Damien Daval; Delphine Tisserand; FranΓ§ois Renard
2008 arXiv Open Access
We are currently measuring the dissolution kinetics of albite feldspar at 100 deg C in the presence of high levels of dissolved CO_2 (pCO_2 = 9 MPa) as a function of the saturation state of the feldspar (Gibbs free energy of reaction, Ξ”G). The experiments are conducted using a flow through reactor, thereby allowing the dissolution reactions to occur at a fixed pH and at constant, but variable saturation states. Preliminary results indicate that at far-from-equilibrium conditions, the dissolution kinetics of albite are defined by a rate plateau, with R \approx 5.0 x 10^{-10} mol m^{-2} s^{-1} at -70 < Ξ”G < -40 kJ mol^{-1}. At Ξ”G > -40 kJ mol^{-1}, the rates decrease sharply, revealing a strong inverse relation between the dissolution rate and free energy. Based on the experiments carried out to date, the dissolution rate-free energy data correspond to a highly non-linear and sigmoidal relation, in accord with recent studies.
arxiv.org Β· scholarly article
Effects of Langmuir Turbulence on Upper Ocean Carbonate Chemistry
Katherine M. Smith; Peter E. Hamlington; Kyle E. Niemeyer; Baylor Fox-Kemper; Nicole S. Lovenduski
2018 arXiv Open Access DOI: 10.1029/2018MS001486
Effects of wave-driven Langmuir turbulence on the air-sea flux of carbon dioxide (CO$_2$) are examined using large eddy simulations featuring actively reacting carbonate chemistry in the ocean mixed layer at small scales. Four strengths of Langmuir turbulence are examined with three types of carbonate chemistry: time-dependent, instantaneous equilibrium chemistry, and no reactions. The time-dependent model is obtained by reducing a detailed eight-species chemical mechanism using computational singular perturbation analysis, resulting in a quasi-steady-state approximation for hydrogen ion (H$^+$), i.e., fixed pH. The reduced mechanism is then integrated in two half-time steps before and after the advection solve using a Runge--Kutta--Chebyshev scheme that is robust for stiff systems of differential equations. The simulations show that, as the strength of Langmuir turbulence increases, CO$_2$ fluxes are enhanced by rapid overturning of the near-surface layer, which rivals the removal rate of CO$_2$ by time-dependent reactions. Equilibrium chemistry and non-reactive models are found to bring more and less carbon, respectively, into the ocean as compared to the more realistic time-dependent model. These results have implications for Earth system models that either neglect Langmuir turbulence or use equilibrium, instead of time-dependent, chemical mechanisms.
arxiv.org Β· scholarly article
Comment on the paper "The finite square well: whatever is worth teaching at all is worth teaching well ", arXiv:1505.03376v2 [physics.ed-ph] by K. Razi Naqvi and S. WaldenstrΓΈm
Victor Barsan
2016 arXiv Open Access
In the aforementioned paper, the authors claim that my results concerning the consequent application of Garrett's method for obtaining approximate expressions of the bound states energy of a particle in a finite rectangular well are incorrect. I shall show hat this is not the case, and demonstrate that both their and my results lead to the same conclusion, i.e. that the consequent application of Garrett's method is equivalent to Barker's approximation.
arxiv.org Β· scholarly article
Quantum Mechanics: Bell and Quantum Entropy for the Classroom
Philipp Pluch
2007 arXiv Open Access
In this article we are willing to give some first steps to quantum mechanics and a motivation of quantum mechanics and its interpretation for undergraduate students not from physics. After a short historical review in the development we discuss philosophical, physical and mathematical interpretation. We define local realism, locality and hidden variable theory which ends up in the EPR paradox, a place where questions on completeness and reality comes into play. The fundamental result of the last century was maybe Bell's that states that local realism is false if quantum mechanics is true. From this fact we can obtain the so called Bell inequalities. After a didactic example of the fact what these inequalities means we describe the key concept of quantum entanglement motivated here by quantum information theory. Also classical entropy and von Neuman entropy is discussed.
arxiv.org Β· scholarly article
Lectures on Astronomy, Astrophysics, and Cosmology
Luis A. Anchordoqui
2007 arXiv Open Access
This is a written version of a series of lectures aimed at undergraduate students in astrophysics/particle theory/particle experiment. We summarize the important progress made in recent years towards understanding high energy astrophysical processes and we survey the state of the art regarding the concordance model of cosmology.
semanticscholar.org Β· scholarly article
Misconceptions on Effective Field Theories and Spontaneous Symmetry Breaking: Response to Ellis’ Article
T. Luu; U. Meissner
2020 Foundations of physics Open Access DOI: 10.1007/s10701-020-00368-y
In an earlier paper Luu and Meißner (arXiv:1910.13770 [physics.hist-ph]) we discussed emergence from the context of effective field theories, particularly as related to the fields of particle and nuclear physics. We argued on the side of reductionism and weak emergence. George Ellis has critiqued our exposition in Ellis (arXiv:2004.13591 [physics.hist-ph]), and here we provide our response to his critiques. Many of his critiques are based on incorrect assumptions related to the formalism of effective field theories and we attempt to correct these issues here. We also comment on other statements made in his paper. Important to note is that our response is to his critiques made in archive versions arXiv:2004.13591v1-5 [physics.hist-ph]. That is, versions 1–5 of this archive post. Version 6 has similar content as versions 1–5, but versions 7–9 are seemingly a different paper altogether (even with a different title).