Results 101 to 110 of about 1,681 (245)

The Role of Index Fund Ownership in the Era of Say‐on‐Pay

Financial Management, EarlyView.
ABSTRACT We examine whether and how index funds influence executive compensation in the post‐Say‐on‐Pay era. Using the annual reconstitution of the Russell indexes as a source of exogenous variation in index fund ownership, we document a causal effect of index ownership on CEO pay structure.
Kiseo Chung, Hwanki Brian Kim
wiley   +1 more source

Measure‐valued processes for energy markets

Mathematical Finance, Volume 35, Issue 2, Page 520-566, April 2025.
Abstract We introduce a framework that allows to employ (non‐negative) measure‐valued processes for energy market modeling, in particular for electricity and gas futures. Interpreting the process' spatial structure as time to maturity, we show how the Heath–Jarrow–Morton approach can be translated to this framework, thus guaranteeing arbitrage free ...
Christa Cuchiero, Luca Di Persio, Francesco Guida, Sara Svaluto‐Ferro   +3 more
wiley   +1 more source

Reinforcement Learning for Jump‐Diffusions, With Financial Applications

Mathematical Finance, EarlyView.
ABSTRACT We study continuous‐time reinforcement learning (RL) for stochastic control in which system dynamics are governed by jump‐diffusion processes. We formulate an entropy‐regularized exploratory control problem with stochastic policies to capture the exploration–exploitation balance essential for RL.
Xuefeng Gao, Lingfei Li, Xun Yu Zhou
wiley   +1 more source

Solving Stochastic Climate‐Economy Models: A Deep Least‐Squares Monte Carlo Approach

Mathematical Finance, EarlyView.
ABSTRACT Stochastic versions of recursive integrated climate‐economy assessment models are essential for studying and quantifying policy decisions under uncertainty. However, as the number of state variables and stochastic shocks increases, solving these models via deterministic grid‐based dynamic programming (e.g., value‐function iteration/projection ...
Aleksandar Arandjelović, Pavel V. Shevchenko, Tomoko Matsui, Daisuke Murakami, Tor A. Myrvoll   +4 more
wiley   +1 more source

Discrete Entropies of Chebyshev Polynomials

Mathematics
Because of its flexibility and multiple meanings, the concept of information entropy in its continuous or discrete form has proven to be very relevant in numerous scientific branches. For example, it is used as a measure of disorder in thermodynamics, as
Răzvan-Cornel Sfetcu, Sorina-Cezarina Sfetcu, Vasile Preda   +2 more
doaj   +1 more source

Teleosemantics for neural word embeddings

Mind &Language, EarlyView.
This paper applies a consumer‐based teleosemantic framework to give a detailed analysis of a particular algorithm for generating word embeddings. In the process, it addresses several of the challenges facing teleosemantic approaches to artificial neural networks.
Fintan Mallory
wiley   +1 more source

Alluvial ridge morphology on avulsing rivers

Sedimentology, EarlyView.
ABSTRACT Alluvial ridges are built by preferential channel‐belt deposition and control river avulsions, yet a systematic analysis of their morphology has been missing. To address this gap, we analyse a globally distributed dataset of 8970 alluvial ridge flanks on 14 different rivers.
James H. Gearon, Douglas A. Edmonds
wiley   +1 more source

Knowledge Spillover, Trust, Effort, and Error Exposure in Peer‐Assisted Learning

Topics in Cognitive Science, EarlyView.
Abstract Peer‐assisted learning has the potential to improve learning in academic settings and beyond. However, the cognitive and motivational mechanisms of learning through interaction with other learners are not fully understood. Here, we present an empirical study in which we compare a peer‐assisted learning condition with two individual learning ...
Ion Juvina, Jarean Carson, Preston Menke, Peter Crowe, Chi Hang Wong, Hannah McNett   +5 more
wiley   +1 more source

Stochastic Gradient Descent in High Dimensions for Multi‐Spiked Tensor PCA

Communications on Pure and Applied Mathematics, Volume 79, Issue 10, Page 2291-2369, October 2026.
ABSTRACT We study the high‐dimensional dynamics of online stochastic gradient descent (SGD) for the multi‐spiked tensor model. This multi‐index model arises from the tensor principal component analysis (PCA) problem with multiple spikes, where the goal is to estimate the unknown signal vectors within the N$N$‐dimensional unit sphere through maximum ...
Gérard Ben Arous, Cédric Gerbelot, Vanessa Piccolo   +2 more
wiley   +1 more source

On the spectrum of tridiagonal matrices with two-periodic main diagonal

Special Matrices
We find the spectrum and eigenvectors of an arbitrary irreducible complex tridiagonal matrix with two-periodic main diagonal. This is expressed in terms of the spectrum and eigenvectors of the matrix with the same sub- and superdiagonals and zero main ...
Dyachenko Alexander, Tyaglov Mikhail
doaj   +1 more source