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We analyze how dynamic information should be provided to uniquely implement the largest equilibrium in binary-action coordination games. The designer offers an informational put: she stays silent if players choose her preferred action, but injects asymmetric and inconclusive public information if they lose faith. There is (i) no multiplicity gap: the largest (partially) implementable equilibrium can be implemented uniquely; and (ii) no commitment gap: the policy is sequentially optimal. Our results have sharp implications for the design of policy in coordination environments.
We prove local Lipschitz property of the map which puts in correspondence to each $N$--net different from $(N-1)$--net its Chebyshev center. If dimension of Eucledean or Lobachevskii space is greater than 1 and net consists of more than 2 points we show that this map is not Lipschits in a neighbourhood of the space of 2--nets embedded into the space of all $N$--nets endowed by Hausdorff metric.
Background: BP180, also known as collagen XVII and BPAG2 (bullous pemphigoid antigen 2), is a 180-kDa transmembrane protein within the hemidesmosomal plaque complex, and which is known to be a major antigen in bullous pemphigoid, gestational pemphigoid, cicatricial (mucous membrane) pemphigoid, and linear IgA bullous disease. Objective: At present, the 3D structure of BP180 is not known. The goal is to predict a reasonable structure for BP180 through machine learning and molecular dynamics. Methods: In this work, we use the recent Boltz-2 model to predict a putative structure for the intracellular, transmembrane, and proximal extracellular domains, including the NC16A antigenic region and a portion of its first extracellular collagenous domain, Col-15. We computationally embed BP180 in a simple phospholipid bilayer, demonstrate that the putative structure is stable using molecular dynamics, and analyze its allosteric properties. Results: The structures presented satisfy symmetry and secondary structure properties which are expected from homology modelling. Over three 500 ns trajectories, there is minor instability of the predicted globular head domain, but the homotrimer otherwise
Metaphors and metaphorical language (MLs) play an important role in healthcare communication between clinicians, patients, and patients' family members. In this work, we focus on Dutch language data from cancer patients. We extract metaphors used by patients using two data sources: (1) cancer patient storytelling interview data and (2) online forum data, including patients' posts, comments, and questions to professionals. We investigate how current state-of-the-art large language models (LLMs) perform on this task by exploring different prompting strategies such as chain of thought reasoning, few-shot learning, and self-prompting. With a human-in-the-loop setup, we verify the extracted metaphors and compile the outputs into a corpus named HealthQuote.NL. We believe the extracted metaphors can support better patient care, for example shared decision making, improved communication between patients and clinicians, and enhanced patient health literacy. They can also inform the design of personalized care pathways. We share prompts and related resources at https://github.com/4dpicture/HealthQuote.NL
We revisit a foundational question in golf analytics: how important are the core components of performance--driving, approach play, and putting--in explaining success on the PGA Tour? Building on Mark Broadie's strokes gained analyses, we use an empirical Bayes approach to estimate latent golfer skill and assess statistical significance using a multiple testing procedure that controls the false discovery rate. While tee-to-green skill shows clear and substantial differences across players, putting skill is both less variable and far less reliably estimable. Indeed, putting performance appears nearly indistinguishable from noise.
We revisit Bolt's classic "Put-That-There" concept for modern head-mounted displays by pairing Large Language Models (LLMs) with XR sensor and tech stack. The agent fuses (i) a semantically segmented 3-D environment, (ii) live application metadata, and (iii) users' verbal, pointing, and head-gaze cues to issue JSON window-placement actions. As a result, users can manage a panoramic workspace through: (1) explicit commands ("Place Google Maps on the coffee table"), (2) deictic speech plus gestures ("Put that there"), or (3) high-level goals ("I need to send a message"). Unlike traditional explicit interfaces, our system supports one-to-many action mappings and goal-centric reasoning, allowing the LLM to dynamically infer relevant applications and layout decisions, including interrelationships across tools. This enables seamless, intent-driven interaction without manual window juggling in immersive XR environments.
In this paper, we present a novel approach to solving the American put options pricing model by hugely relying on a front-fixing Crank-Nicolson finite difference method. Since the American put option pricing model is a widely used financial model for valuing an option with the right to sell an underlying asset at a fated price which generally decided in advance. The method we proposed here, solves the problem of early exercise by introducing a front-fixing technique that permits for efficient and accurate valuation of an American put option. As in the comparison to other approaches in the existing literature, we can assert that this method is stable, accurate, consistent, and efficient. The results that we obtained here from the numerical experiments demonstrate not only the efficacy of the proposed method but also in consistently and accurately pricing American put options with a stable scheme. Under some appropriate conditions on the step size discretization, we also show the positivity and monotonicity of the coefficient involved in the numerical scheme used.
This article leverages deep reinforcement learning (DRL) to hedge American put options, utilizing the deep deterministic policy gradient (DDPG) method. The agents are first trained and tested with Geometric Brownian Motion (GBM) asset paths and demonstrate superior performance over traditional strategies like the Black-Scholes (BS) Delta, particularly in the presence of transaction costs. To assess the real-world applicability of DRL hedging, a second round of experiments uses a market calibrated stochastic volatility model to train DRL agents. Specifically, 80 put options across 8 symbols are collected, stochastic volatility model coefficients are calibrated for each symbol, and a DRL agent is trained for each of the 80 options by simulating paths of the respective calibrated model. Not only do DRL agents outperform the BS Delta method when testing is conducted using the same calibrated stochastic volatility model data from training, but DRL agents achieves better results when hedging the true asset path that occurred between the option sale date and the maturity. As such, not only does this study present the first DRL agents tailored for American put option hedging, but results o
Online platform businesses can be identified by using web-scraped texts. This is a classification problem that combines elements of natural language processing and rare event detection. Because online platforms are rare, accurately identifying them with Machine Learning algorithms is challenging. Here, we describe the development of a Machine Learning-based text classification approach that reduces the number of false positives as much as possible. It greatly reduces the bias in the estimates obtained by using calibrated probabilities and ensembles.
It is important for official statistics production to apply ML with statistical rigor, as it presents both opportunities and challenges. Although machine learning has enjoyed rapid technological advances in recent years, its application does not possess the methodological robustness necessary to produce high quality statistical results. In order to account for all sources of error in machine learning models, the Total Machine Learning Error (TMLE) is presented as a framework analogous to the Total Survey Error Model used in survey methodology. As a means of ensuring that ML models are both internally valid as well as externally valid, the TMLE model addresses issues such as representativeness and measurement errors. There are several case studies presented, illustrating the importance of applying more rigor to the application of machine learning in official statistics.
Brain-inspired, neuromorphic devices implemented in integrated photonic hardware have attracted significant interest recently as part of efforts towards novel non-von Neumann computing paradigms that make use of the low loss, high-speed and parallel operations in optics. An all-optical spiking laser neuron fabricated on the indium-phosphide generic integration technology platform may be a practical alternative to other semi-integrated photonic and electronic-based spiking neuron implementations. Owing to the large number of predefined building blocks, a plethora of applications have benefitted already from the generic integration process. This technology platform has now been utilised for the first time to demonstrate an all-optical spiking laser neuron. This paper present and discusses the design and measurement of the ultra-fast and rich spiking dynamics in these devices. We show that under external pulse injection and operated slightly below the lasing threshold, the laser neuron exhibits an excitable mode, in addition to a self-spiking mode far above the threshold when no pulse is injected. In the excitable mode, the required injected pulse energy is much lower than that of the
Using a rate-equation model we numerically evaluate the carrier concentration and photon number in an integrated two-section semiconductor laser, and analyse its dynamics in three-dimensional phase space. The simulation comprises compact model descriptions extracted from a commercially-available generic InP technology platform, allowing us to model an applied reverse-bias voltage to the saturable absorber. We use the model to study the influence of the injected gain current, reverse-bias voltage, and cavity mirror reflectivity on the excitable operation state, which is the operation mode desired for the laser to act as an all-optical integrated neuron. We show in phase-space that our model is capable of demonstrating four different operation modes, i.e. cw, self-pulsating and an on-set and excitable mode under optical pulse injection. In addition, we show that lowering the reflectivity of one of the cavity mirrors greatly enhances the control parameter space for excitable operation, enabling more relaxed operation parameter control and lower power consumption of an integrated two-section laser neuron.
A recent paper [Lee {\em et al.}, J. Korean Cryt. Growth Cryst. Techn. {\bf 33}, 61 (2023)] provides some experimental indications that Pb$_{10-x}$Cu$_x$(PO$_4$)$_6$O with $x\approx 1$, coined LK-99, might be a room-temperature superconductor at ambient pressure. Our density-functional theory calculations show lattice parameters and a volume contraction with $x$ -- very similar to experiment. The DFT electronic structure shows Cu$^{2+}$ in a $3d^9$ configuration with two flat Cu bands crossing the Fermi energy. This puts Pb$_{9}$Cu(PO$_4$)$_6$O in an ultra-correlated regime and suggests that, without doping, it is a Mott or charge transfer insulator. If doped such an electronic structure might support flat-band superconductivity or an correlation-enhanced electron-phonon mechanism, whereas a diamagnet without superconductivity appears to be rather at odds with our results.
Coastal ecosystems are increasingly experiencing anthropogenic pressures such as climate heating, CO2 increase, metal and organic pollution, overfishing and resource extraction. Some resulting stressors are more direct like fisheries, others more indirect like ocean acidification, yet they jointly affect marine biota, communities and entire ecosystems. While single-stressor effects have been widely investigated, the interactive effects of multiple stressors on ecosystems are less researched. In this study, we review the literature on multiple stressors and their interactive effects in coastal environments across organisms. We classify the interactions into three categories: synergistic, additive, and antagonistic. We found phytoplankton and mollusks to be the most studied taxonomic groups. The stressor combinations of climate warming, ocean acidification, eutrophication, and metal pollution are the most critical for coastal ecosystems as they exacerbate adverse effects on physiological traits such as growth rate, basal respiration, and size. Phytoplankton appears to be most sensitive to interactions between metal and nutrient pollution. In nutrient-enriched environments, the presen
We present Cutie, a video object segmentation (VOS) network with object-level memory reading, which puts the object representation from memory back into the video object segmentation result. Recent works on VOS employ bottom-up pixel-level memory reading which struggles due to matching noise, especially in the presence of distractors, resulting in lower performance in more challenging data. In contrast, Cutie performs top-down object-level memory reading by adapting a small set of object queries. Via those, it interacts with the bottom-up pixel features iteratively with a query-based object transformer (qt, hence Cutie). The object queries act as a high-level summary of the target object, while high-resolution feature maps are retained for accurate segmentation. Together with foreground-background masked attention, Cutie cleanly separates the semantics of the foreground object from the background. On the challenging MOSE dataset, Cutie improves by 8.7 J&F over XMem with a similar running time and improves by 4.2 J&F over DeAOT while being three times faster. Code is available at: https://hkchengrex.github.io/Cutie
This paper addresses the problem of predicting the energy consumption for the drivers of Battery electric vehicles (BEVs). Several external factors (e.g., weather) are shown to have huge impacts on the energy consumption of a vehicle besides the vehicle or powertrain dynamics. Thus, it is challenging to take all of those influencing variables into consideration. The proposed approach is based on a hybrid model which improves the prediction accuracy of energy consumption of BEVs. The novelty of this approach is to combine a physics-based simulation model, which captures the basic vehicle and powertrain dynamics, with a data-driven model. The latter accounts for other external influencing factors neglected by the physical simulation model, using machine learning techniques, such as generalized additive mixed models, random forests and boosting. The hybrid modeling method is evaluated with a real data set from TUM and the hybrid models were shown that decrease the average prediction error from 40% of the pure physics model to 10%.
We consider the problem of finding a model-free upper bound on the price of an American put given the prices of a family of European puts on the same underlying asset. Specifically we assume that the American put must be exercised at either $T_1$ or $T_2$ and that we know the prices of all vanilla European puts with these maturities. In this setting we find a model which is consistent with European put prices and an associated exercise time, for which the price of the American put is maximal. Moreover we derive a cheapest superhedge. The model associated with the highest price of the American put is constructed from the left-curtain martingale transport of Beiglböck and Juillet.
If prices of assets traded in a financial market are determined by non-linear pricing rules, different versions of the Call-Put Parity have been considered. We show that, under monotonicity, parities between call and put options and discount certificates characterize ambiguity-sensitive (Choquet and/or Sipos) pricing rules, i.e., pricing rules that can be represented via discounted expectations with respect to non-additive probability measures. We analyze how non-additivity relates to arbitrage opportunities and we give necessary and sufficient conditions for Choquet and Sipos pricing rules to be arbitrage-free. Finally, we identify violations of the Call-Put Parity with the presence of bid-ask spreads.
In this letter, we give a simple and analytical solution to the twin paradox. It relies just on Lorentz transformations and does not involve accelerated frames or any kind of signals exchanged between the twins. We expect that with this we can put a dead end to this century-old problem.