Production indices obtained by a myopic policy for non-markovian dynamics
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The COVID-19 pandemic has demonstrated the importance and value of multi-period asset allocation strategies responding to rapid changes in market behavior. In this article, we formulate and solve a multi-stage stochastic optimization problem, choosing the ...
We investigate the behavior of two coupled nonlinear photonic cavities, in the presence of inhomogeneous coherent driving and local dissipations. By solving numerically the quantum master equation, either by diagonalizing the Liouvillian superoperator or b ...
Many-body open quantum systems are exposed to an essentially uncontrollable environment that acts as a source of decoherence and dissipation. As the exact treatment of such models is generally unfeasible, it is favourable to formulate an approximate descri ...
Urbanisation is known as a fundamental driver of actual land use change. A good understanding of how catchments are affected by urbanisation (particularly in terms of water quantity and quality) is necessary to be able to propose more sustainable approache ...
We introduce a model-independent method for the efficient simulation of low-entropy systems, whose dynamics can be accurately described with a limited number of states. Our method leverages the time-dependent variational principle to efficiently integrate ...
We analyze an open many-body system that is strongly coupled at its boundaries to interacting quantum baths. We show that the two-body interactions inside the baths induce emergent phenomena in the spin transport. The system and baths are modeled as indepe ...
We solve a portfolio choice problem when expected returns, covariances, and trading costs follow a regime-switching model. The optimal policy trades towards an aim portfolio given by a weighted-average of the conditional mean-variance-efficient portfolios ...
The possibility to simulate the properties of many-body open quantum systems with a large number of degrees of freedom (d.o.f.) is the premise to the solution of several outstanding problems in quantum science and quantum information. The challenge posed b ...
This thesis examines predictability and seasonality in the cross-section of stock returns. The first chapter, titled ``Infrequent Rebalancing, Return Autocorrelation, and Seasonality,'' shows that a model of infrequent rebalancing can explain specific pred ...
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