---
title: Quant Letter No. 123: December 2025, Week 3
url: https://www.ml-quant.com/issues/2025-12-19/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
issue_date: 2025-12-19
---


# Quant Letter No. 123: December 2025, Week 3

Sent 2025-12-19. 93 items.

## arXiv

### Finance

- __[RL for Deep Hedging](https://arxiv.org/abs/2512.12420v1)__: The article describes a reinforcement-learning method for hedging equity index options that enhances risk-adjusted returns while managing turnover and costs. (2025-12-13, shares: 2) · https://www.ml-quant.com/papers/arxiv/2512.12420/
- __[Interpretable Trading Validation](https://arxiv.org/abs/2512.12924v1)__: The authors introduce a walk-forward validation technique for algorithmic trading that focuses on interpretability and robust testing, offering modest gains and strong protection against losses. (2025-12-15, shares: 2) · https://www.ml-quant.com/papers/arxiv/2512.12924/
- __[Static Framework for Pricing](https://arxiv.org/abs/2512.14662v2)__: This paper presents a model-free method for pricing fixed-income assets and replicating liabilities, linking no arbitrage with a positive discount curve to guide investment and regulatory approaches. (2025-12-16, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.14662/
- __[Consensus-Bottleneck for Stock Predictions](https://arxiv.org/abs/2512.16251v1)__: The Consensus-Bottleneck Asset Pricing Model uses a neural network to mimic analyst reasoning, showing how investor beliefs influence asset prices and enhancing long-term predictions for U.S. stocks. (2025-12-18, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.16251/
- __[Hybrid ML for Fast Option Pricing](https://arxiv.org/abs/2512.16115v1)__: A new algorithmic framework merges a smooth offset method with machine learning for quicker pricing of path-independent options, vastly speeding up evaluations compared to older techniques. (2025-12-18, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.16115/
- __[SVLSTM for Volatility Forecasting](https://arxiv.org/abs/2512.12250v1)__: A combined model of Stochastic Volatility and Long Short Term Memory networks offers better volatility predictions for the S&P 500, outperforming traditional models for improved risk assessment. (2025-12-13, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.12250/
- __[Optimizing Market Risk with Bayesian Networks](https://arxiv.org/abs/2512.12334v1)__: The study enhances dynamic Bayesian networks for estimating expected shortfall, revealing that traditional models struggle in tail predictions and proposing methods for better forecasting. (2025-12-13, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.12334/

### Economics

- __[Aluminium Arbitrage in Global Trade](https://arxiv.org/abs/2512.14410v1)__: A study found that efforts to reduce carbon emissions in the aluminum industry have led to illegal trade practices, highlighting the need for new customs enforcement strategies. (2025-12-16, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.14410/

### Miscellaneous

- __[Enhancing Parameter Estimation in SDEs](https://arxiv.org/abs/2512.15088v1)__: The SigMA neural architecture improves parameter estimation in stochastic differential equations using path signatures and self-attention, outperforming traditional methods across multiple datasets. (2025-12-17, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.15088/
- __[Elicitability and Deep Learning for MV-FBSDEs](https://arxiv.org/abs/2512.14967v1)__: A new numerical method combines elicitability and deep learning for McKean-Vlasov stochastic equations, enabling efficient training of neural networks without expensive simulations, tested successfully on financial models. (2025-12-16, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.14967/
- __[Smart Data Portfolios for AI Governance](https://arxiv.org/abs/2512.16452v1)__: The Smart Data Portfolio framework defines data governance in AI as a trade-off between information risk and fairness, creating a Governance-Efficient Frontier for optimal data allocation in AI services. (2025-12-18, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.16452/
- __[Adaptive Learning for Stochastic Control](https://arxiv.org/abs/2512.14991v1)__: An adaptive reinforcement learning algorithm enhances learning in controlled diffusion processes by partitioning state-action spaces, providing theoretical guarantees and effective results in applications like portfolio selection. (2025-12-17, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.14991/

### Crypto & Blockchain

- __[Bitcoin ETF Approval: Changing Dynamics with Traditional Assets](https://arxiv.org/abs/2512.12815v1)__: Changing Dynamics with Traditional Assets: In January 2024, the approval of a Bitcoin Spot ETF boosted interest from big investors and made Bitcoin more closely linked to stock markets, while its connections to gold remained steady and its relationship with the U.S. Dollar stayed negative. (2025-12-14, shares: 1) · https://www.ml-quant.com/papers/arxiv/2512.12815/

### Historical Trending

- __[Reinforcement Learning in Finance](https://arxiv.org/abs/2512.10913v1)__: Reinforcement learning has potential to enhance financial decisions in market making, but needs simpler and clearer models that better match real-world industry challenges to be effectively used. (2025-12-11, shares: 2) · https://www.ml-quant.com/papers/arxiv/2512.10913/

## SSRN

### Financial

- __[Myopic Stock Pricing](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4442760)__: US. stock analysts' short-term focus leads to inaccurate price predictions due to varying expectations over different time frames. (2024-04-08, shares: 518) · https://www.ml-quant.com/papers/ssrn/4442760/
- __[Factor Return Cyclicality](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4441376)__: Most of the 150 equity factors examined show positive returns but fail to deliver excess returns after accounting for risk, especially in downturns. (2023-05-22, shares: 4399) · https://www.ml-quant.com/papers/ssrn/4441376/
- __[Romania's Finance Challenges](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440516)__: Romania struggles to attract sustainable investments because its major companies have low transparency and high greenhouse gas emissions. (2023-05-19, shares: 152) · https://www.ml-quant.com/papers/ssrn/4440516/
- __[Decarbonization Financing](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440511)__: The study highlights key financial tools in Romania, like green bonds and loans, which can help transition to a low-carbon economy, with banks playing a major role. (2023-05-19, shares: 117) · https://www.ml-quant.com/papers/ssrn/4440511/
- __[Option Volatility Expansions](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440168)__: A new method for analyzing financial data helps test for sudden volatility changes, with evidence from SP500 options indicating significant variation. (2023-05-09, shares: 139) · https://www.ml-quant.com/papers/ssrn/4440168/
- __[Myopic Expectations and Market Mispricing](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4442760)__: US. stock analysts often make short-sighted predictions, resulting in misleading stock prices and exposing gaps in information in financial markets. (2024-04-08, shares: 518) · https://www.ml-quant.com/papers/ssrn/4442760/
- __[Factor Return Patterns](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4441376)__: Most equity factors provide positive returns over time but have low market risk, with adjusted returns showing stronger performance, especially in downturns. (2023-05-22, shares: 4399) · https://www.ml-quant.com/papers/ssrn/4441376/
- __[Romania's Green Finance Plan](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440516)__: Romania struggles to attract sustainable foreign investments due to its major companies offering low transparency as global sustainable finance regulations increase. (2023-05-19, shares: 152) · https://www.ml-quant.com/papers/ssrn/4440516/
- __[Decarbonization Finance in Romania](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440511)__: The research highlights financial tools in Romania that can facilitate a shift to a low-carbon economy, focusing on the importance of banks and green financing. (2023-05-19, shares: 117) · https://www.ml-quant.com/papers/ssrn/4440511/
- __[Asymptotic Expansions for Options](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4440168)__: A new mathematical method is created to analyze price changes in SP 500 options, helping to identify instances of volatility spikes in financial data. (2023-05-09, shares: 139) · https://www.ml-quant.com/papers/ssrn/4440168/

## RePEc

### Finance

- __[Efficient KSE-30 Allocation](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1007%2Fs43069-025-00421-4%3Bh%3Drepec%3Aspr%3Asnopef%3Av%3A6%3Ay%3A2025%3Ai%3A1%3Ad%3A10.1007_s43069-025-00421-4)__: The article uses machine learning to identify factors causing declines in the Pakistan Stock Exchange and suggests an optimal portfolio strategy focusing on volatility and market trends. (2025-12-19, shares: 10) · https://www.ml-quant.com/papers/repec/spr-snopef-v-6-y-2025-i-1-d-10-1007-s43069-025-00421-4/
- __[Adaptive Trading in Emerging Markets](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1186%2Fs40854-025-00754-3%3Bh%3Drepec%3Aspr%3Afininn%3Av%3A11%3Ay%3A2025%3Ai%3A1%3Ad%3A10.1186_s40854-025-00754-3)__: With the rise of algorithmic trading, a new Automated Adaptive Trading System helps manage risks in emerging markets while still allowing for market exposure during downturns. (2025-12-19, shares: 9) · https://www.ml-quant.com/papers/repec/spr-fininn-v-11-y-2025-i-1-d-10-1186-s40854-025-00754-3/
- __[Risk Parity with Heavy Tails](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1111%2Fjtsa.12792%3Bh%3Drepec%3Abla%3Ajtsera%3Av%3A46%3Ay%3A2025%3Ai%3A2%3Ap%3A353-377)__: This study shows that using expected shortfall for risk parity portfolio optimization can improve performance during market stress by better handling fat-tailed returns. (2025-12-19, shares: 9) · https://www.ml-quant.com/papers/repec/bla-jtsera-v-46-y-2025-i-2-p-353-377/
- __[Testing Market Hypothesis with Sharpe Ratio](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Farchive.conscientiabeam.com%2Findex.php%2F29%2Farticle%2Fview%2F4102%2F8464%3Bh%3Drepec%3Apkp%3Ateafle%3Av%3A12%3Ay%3A2025%3Ai%3A1%3Ap%3A120-142%3Aid%3A4102)__: The research finds that Sharpe Ratio-based trading strategies are more effective than buy-and-hold methods across global indices, supporting the Adaptive Market Hypothesis through identified market inefficiencies. (2025-12-19, shares: 8) · https://www.ml-quant.com/papers/repec/pkp-teafle-v-12-y-2025-i-1-p-120-142-id-4102/
- __[Economic Forecasts and Risk Premia](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0165176524006037%3Bh%3Drepec%3Aeee%3Aecolet%3Av%3A247%3Ay%3A2025%3Ai%3Ac%3As0165176524006037)__: The paper shows that different economic expectations influence financial risk premiums, especially through how forecast variance affects stock returns. (2025-12-19, shares: 5) · https://www.ml-quant.com/papers/repec/eee-ecolet-v-247-y-2025-i-c-s0165176524006037/
- __[Optimal Pension Strategies](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0167668725000137%3Bh%3Drepec%3Aeee%3Ainsuma%3Av%3A121%3Ay%3A2025%3Ai%3Ac%3Ap%3A100-110)__: The study introduces a method to manage pension plans by adjusting benefits and optimizing investments to enhance expected utility. (2025-12-19, shares: 5) · https://www.ml-quant.com/papers/repec/eee-insuma-v-121-y-2025-i-c-p-100-110/
- __[Window Analysis for Trading Strategies](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1007%2Fs10614-023-10528-7%3Bh%3Drepec%3Akap%3Acompec%3Av%3A65%3Ay%3A2025%3Ai%3A2%3Ad%3A10.1007_s10614-023-10528-7)__: A new window analysis method improves efficiency evaluation for decision-making units, addressing shortcomings of traditional methods in foreign exchange and utility sectors. (2025-12-19, shares: 5) · https://www.ml-quant.com/papers/repec/kap-compec-v-65-y-2025-i-2-d-10-1007-s10614-023-10528-7/
- __[Early Exercise Risk Premiums in Options](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fdx.doi.org%2F10.1287%2Fmnsc.2023.00440%3Bh%3Drepec%3Ainm%3Aormnsc%3Av%3A71%3Ay%3A2025%3Ai%3A2%3Ap%3A1824-1845)__: The research explores how early exercise of American puts impacts their returns compared to European puts, highlighting changes in profitability for popular option strategies. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/inm-ormnsc-v-71-y-2025-i-2-p-1824-1845/
- __[Measuring Long-Term Investment Returns](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fhdl.handle.net%2F10.1080%2F0015198X.2024.2401765%3Bh%3Drepec%3Ataf%3Aufajxx%3Av%3A81%3Ay%3A2025%3Ai%3A1%3Ap%3A33-62)__: The study analyzes long-term investment results using a sustainable return measure, focusing on return sequence risk and cash flow reinvestment for trading assessments. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/taf-ufajxx-v-81-y-2025-i-1-p-33-62/

### Statistical

- __[News Sentiment and Stock Volatility](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0165176524006086%3Bh%3Drepec%3Aeee%3Aecolet%3Av%3A247%3Ay%3A2025%3Ai%3Ac%3As0165176524006086)__: The paper reveals that using GPT-4 for news sentiment measurement improves stock return volatility analysis more effectively than RavenPack. (2025-12-19, shares: 6) · https://www.ml-quant.com/papers/repec/eee-ecolet-v-247-y-2025-i-c-s0165176524006086/
- __[Gamification in Emotion Recognition](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fwww.mdpi.com%2F2075-4698%2F15%2F3%2F54%2Fpdf%3Bh%3Drepec%3Agam%3Ajsoctx%3Av%3A15%3Ay%3A2025%3Ai%3A3%3Ap%3A54-%3Ad%3A1597256)__: The research introduces J-Plus, a gamified tool aimed at enhancing speech emotion recognition skills in journalism through interactive gameplay. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/gam-jsoctx-v-15-y-2025-i-3-p-54-d-1597256/
- __[Product Competition and Zero-Leverage](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fwww.mdpi.com%2F1911-8074%2F18%2F2%2F73%2Fpdf%3Bh%3Drepec%3Agam%3Ajjrfmx%3Av%3A18%3Ay%3A2025%3Ai%3A2%3Ap%3A73-%3Ad%3A1582023)__: The study finds that firms facing higher market competition are more likely to adopt zero-leverage strategies, especially when earnings are unstable. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/gam-jjrfmx-v-18-y-2025-i-2-p-73-d-1582023/

### Machine Learning

- __[Statistical Modeling in Chinese Finance](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fhdl.handle.net%2F10.1080%2F01605682.2024.2329156%3Bh%3Drepec%3Ataf%3Atjorxx%3Av%3A76%3Ay%3A2025%3Ai%3A1%3Ap%3A97-110)__: A new machine learning method enhances financial modeling by analyzing complex time series data during the COVID-19 pandemic using unsupervised classification. (2025-12-19, shares: 6) · https://www.ml-quant.com/papers/repec/taf-tjorxx-v-76-y-2025-i-1-p-97-110/
- __[Enhanced ML for Market Risk](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0305048324002135%3Bh%3Drepec%3Aeee%3Ajomega%3Av%3A133%3Ay%3A2025%3Ai%3Ac%3As0305048324002135)__: Two deep learning frameworks are introduced to improve the estimation of Value at Risk and Expected Shortfall, boosting risk management for financial institutions. (2025-12-19, shares: 6) · https://www.ml-quant.com/papers/repec/eee-jomega-v-133-y-2025-i-c-s0305048324002135/
- __[Global Housing Market Interconnectedness](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0261560625000014%3Bh%3Drepec%3Aeee%3Ajimfin%3Av%3A152%3Ay%3A2025%3Ai%3Ac%3As0261560625000014)__: The study shows that US house price fluctuations impact global housing markets and are significantly influenced by US interest rates. (2025-12-19, shares: 5) · https://www.ml-quant.com/papers/repec/eee-jimfin-v-152-y-2025-i-c-s0261560625000014/
- __[Bond Insights on Chinese Stock Volatility](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1002%2Ffor.3215%3Bh%3Drepec%3Awly%3Ajforec%3Av%3A44%3Ay%3A2025%3Ai%3A2%3Ap%3A547-555)__: Long-term Treasury bond futures are effective predictors of stock market volatility in China, outperforming traditional and machine learning approaches. (2025-12-19, shares: 5) · https://www.ml-quant.com/papers/repec/wly-jforec-v-44-y-2025-i-2-p-547-555/
- __[Comparative Analysis of Article Classification](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1007%2Fs11192-024-05217-7%3Bh%3Drepec%3Aspr%3Ascient%3Av%3A130%3Ay%3A2025%3Ai%3A1%3Ad%3A10.1007_s11192-024-05217-7)__: BERT models outperform SVM in classifying journal articles by discipline, while GPT-3.5-turbo also performs well with limited data. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/spr-scient-v-130-y-2025-i-1-d-10-1007-s11192-024-05217-7/

### Deep Learning

- __[Polarized Narratives in Spanish Anti-Abortion Twitter](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1057%2Fs41599-025-04568-7%3Bh%3Drepec%3Apal%3Apalcom%3Av%3A12%3Ay%3A2025%3Ai%3A1%3Ad%3A10.1057_s41599-025-04568-7)__: The study examines how anti-abortion groups communicate on Twitter, focusing on hate speech and the role of religious and political activists in the anti-feminist movement in Spanish-speaking areas. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/pal-palcom-v-12-y-2025-i-1-d-10-1057-s41599-025-04568-7/
- __[Challenges in Forecasting Demand for Fashion](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1002%2Ffor.3192%3Bh%3Drepec%3Awly%3Ajforec%3Av%3A44%3Ay%3A2025%3Ai%3A2%3Ap%3A270-280)__: This paper discusses the difficulties in predicting demand for new fashion items and recommends using machine learning, especially deep learning, to improve forecast accuracy. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/wly-jforec-v-44-y-2025-i-2-p-270-280/
- __[ML vs. Deep Learning for Oil Price Forecasting](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1007%2Fs10479-023-05400-8%3Bh%3Drepec%3Aspr%3Aannopr%3Av%3A345%3Ay%3A2025%3Ai%3A2%3Ad%3A10.1007_s10479-023-05400-8)__: The research contrasts machine learning and deep learning for oil price forecasting during crises, revealing that the LSTM deep learning method is more accurate and adaptable than traditional techniques. (2025-12-19, shares: 4) · https://www.ml-quant.com/papers/repec/spr-annopr-v-345-y-2025-i-2-d-10-1007-s10479-023-05400-8/

### Historical Trending

- __[Predicting VIX Trends with ML](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fhdl.handle.net%2F10.1080%2F14697688.2024.2439458%3Bh%3Drepec%3Ataf%3Aquantf%3Av%3A24%3Ay%3A2024%3Ai%3A12%3Ap%3A1857-1873)__: The CBOE Volatility Index (VIX) can be predicted more effectively using machine learning and economic indicators, with jobless claims data being particularly significant. (2024-11-27, shares: 12) · https://www.ml-quant.com/papers/repec/taf-quantf-v-24-y-2024-i-12-p-1857-1873/
- __[Eurozone Banks: DL vs Traditional Models](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.icfm.ro%2FRePEc%2Fvls%2Fvls_pdf%2Fvol28i4p29-42.pdf%3Bh%3Drepec%3Avls%3Afinstu%3Av%3A28%3Ay%3A2024%3Ai%3A4%3Ap%3A29-42)__: DL vs Traditional Models: Traditional machine learning models achieve better results than deep learning models in predicting stock price movements for major Eurozone banks due to limitations in deep learning datasets. (2024-05-10, shares: 7) · https://www.ml-quant.com/papers/repec/vls-finstu-v-28-y-2024-i-4-p-29-42/
- __[Adapting Work Satisfaction Scale for Gig Workers](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fjppc.ro%2Findex.php%2Fjppc%2Farticle%2Fdownload%2F868%2F470%3Bh%3Drepec%3Acta%3Ajcppxx%3A4241)__: The Work Need Satisfaction Scale (WNSS) requires adjustments for online gig workers, resulting in a new three-factor model that better reflects their needs. (2024-10-20, shares: 2) · https://www.ml-quant.com/papers/repec/cta-jcppxx-4241/
- __[AI for Cloud Resource Management](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fnewjaigs.com%2Findex.php%2FJAIGS%2Farticle%2Fview%2F262%3Bh%3Drepec%3Adas%3Anjaigs%3Av%3A6%3Ay%3A2024%3Ai%3A1%3Ap%3A397-408%3Aid%3A262)__: AI techniques can improve resource management in cloud computing for DevOps by boosting efficiency and performance with various approaches. (2024-07-04, shares: 2) · https://www.ml-quant.com/papers/repec/das-njaigs-v-6-y-2024-i-1-p-397-408-id-262/
- __[Profile of Young Informal Workers in EU](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.2478%2Fjses-2024-0010%3Bh%3Drepec%3Avrs%3Ajsesro%3Av%3A13%3Ay%3A2024%3Ai%3A2%3Ap%3A82-97%3An%3A1005)__: The study examines young informal workers in the EU27, exploring their roles, industries, and motivations to understand labor market shifts influenced by the Covid-19 pandemic. (2024-02-11, shares: 2) · https://www.ml-quant.com/papers/repec/vrs-jsesro-v-13-y-2024-i-2-p-82-97-n-1005/
- __[EGovernance and Citizen Participation](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fpublishing.globalcsrc.org%2Fojs%2Findex.php%2Fsbsee%2Farticle%2Fview%2F3089%2F1770%3Bh%3Drepec%3Asrc%3Asbseec%3Av%3A6%3Ay%3A2024%3Ai%3A3%3Ap%3A317-336)__: A review of 72 articles on e-governance highlights its effects on citizen participation and points out key success factors and knowledge gaps. (2024-03-28, shares: 2) · https://www.ml-quant.com/papers/repec/src-sbseec-v-6-y-2024-i-3-p-317-336/
- __[Retail Investor Protection](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fwww.rivisteweb.it%2Fdownload%2Farticle%2F10.1435%2F115112%3Bh%3Drepec%3Amul%3Ajqmthn%3Adoi%3A10.1435%2F115112%3Ay%3A2024%3Ai%3A3%3Ap%3A499-531)__: This study examines misleading design practices in retail investing and suggests regulatory measures using behavioral science and AI to protect investors. (2024-06-01, shares: 1) · https://www.ml-quant.com/papers/repec/mul-jqmthn-doi-10-1435-115112-y-2024-i-3-p-499-531/
- __[Bank Performance Determinants](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fapi.eurokd.com%2FUploads%2FArticle%2F704%2FNCAF.2023.09.03.pdf%3Bh%3Drepec%3Abco%3Ancafaa%3A%3Av%3A9%3Ay%3A2023%3Ap%3A26-41)__: A literature review on banking performance reveals ongoing research gaps, particularly regarding digital transformation and the influence of AI. (2023-04-23, shares: 1) · https://www.ml-quant.com/papers/repec/bco-ncafaa-v-9-y-2023-p-26-41/
- __[AI Capability and Firm Performance](https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Flink.springer.com%2F10.1007%2Fs10796-023-10460-z%3Bh%3Drepec%3Aspr%3Ainfosf%3Av%3A26%3Ay%3A2024%3Ai%3A6%3Ad%3A10.1007_s10796-023-10460-z)__: Research shows that AI capabilities boost firm performance, with a data-driven culture playing a key role in this relationship for sustainable development. (2024-07-22, shares: 1) · https://www.ml-quant.com/papers/repec/spr-infosf-v-26-y-2024-i-6-d-10-1007-s10796-023-10460-z/
- __[Social Media Insights on Climate Change](https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fwww.cambridge.org%2Fcore%2Fproduct%2Fidentifier%2FS0027950124000073%2Ftype%2Fjournal_article%3Bh%3Drepec%3Acup%3Anierev%3Av%3A266%3Ay%3A2023%3Ai%3A%3Ap%3A22-29_3)__: The study stresses the role of communication in climate change, using machine learning to analyze social media and propose policies for achieving net-zero emissions. (2023-11-27, shares: 1) · https://www.ml-quant.com/papers/repec/cup-nierev-v-266-y-2023-i-p-22-29-3/

## Papers with code

### Trending

- __[StepGUI: Optimizing GUI Automation](https://github.com/stepfun-ai/gelab-zero)__: Optimizing GUI Automation: A new training system boosts GUI automation by making it more efficient, accurate, and private for real-world use. (2025-12-19, shares: 1450)
- __[AI Agents: Memory Research Overview](https://github.com/Shichun-Liu/Agent-Memory-Paper-List)__: Memory Research Overview: The survey examines agent memory research, detailing its types, functions, and future research directions. (2025-12-17, shares: 119)
- __[Jacobi Forcing: Parallel Decoding Efficiency](https://github.com/hao-ai-lab/JacobiForcing)__: Parallel Decoding Efficiency: Jacobi Forcing enables quicker and more efficient parallel decoding of transformer models while maintaining performance. (2025-12-18, shares: 31)

### Rising

- __[LitePT: Efficient 3D Model](https://github.com/prs-eth/LitePT)__: Efficient 3D Model: LitePT is a 3D point cloud model that uses a combination of convolutions and attention to enhance efficiency. (2025-12-16, shares: 27)
- __[ErrorFree Attention: Optimized Language Model](https://github.com/declare-lab/EFLA)__: Optimized Language Model: ErrorFree Linear Attention (EFLA) is a quick and dependable attention method that outperforms DeltaNet in language processing tasks. (2025-12-16, shares: 21)
- __[Universal Reasoning: Enhanced Transformer](https://github.com/zitian-gao/URM)__: Enhanced Transformer: The Universal Reasoning Model enhances Universal Transformers to improve reasoning abilities on ARCAGI challenges. (2025-12-18, shares: 20)

## GitHub

### Finance

- __[UK AI Model Evaluation](https://github.com/UKGovernmentBEIS/inspect_ai)__: Inspect provides a framework for assessing the performance of large language models. (2023-11-14, shares: 1574)
- __[Volatility Workshop 2025](https://github.com/jgatheral/RoughVolatilityWorkshop2025)__: QuantMinds 2025 shares insights from a workshop on rough volatility in finance. (2025-10-15, shares: 5)
- __[AI Investment Agent](https://github.com/rgoerwit/ai-investment-agent)__: Agentic AI presents LangGraphGemini, a tool for analyzing U.S. stock market equity. (2025-11-30, shares: 27)
- __[Context Data Platform](https://github.com/memodb-io/Acontext)__: Context Data Platform for Agents encourages users to participate in a community about data collaborations for agents. (2025-07-16, shares: 1943)
- __[Olares: Open-Source Cloud](https://github.com/beclab/Olares)__: Open-Source Cloud: Olares is an open-source cloud solution that empowers users to take charge of their personal data. (2024-04-29, shares: 3611)

### Trending

- __[KaijuEngine: Game Engine](https://github.com/KaijuEngine/kaiju)__: Game Engine: A game engine designed for creating both 3D and 2D games, using Go and Vulkan, complete with its own built-in editor. (2023-11-17, shares: 3482)
- __[Polymarket: AI Trading Tool](https://github.com/caiovicentino/polymarket-mcp-server)__: AI Trading Tool: An AI-powered server for Polymarket enabling users to trade in prediction markets, featuring enhanced monitoring and safety tools. (2025-11-11, shares: 97)
- __[MistralVibe: CLI Agent](https://github.com/mistralai/mistral-vibe)__: CLI Agent: A lightweight coding agent for command-line interfaces developed by Mistral. (2025-12-08, shares: 1808)
- __[JustHTML: HTML Parser](https://github.com/EmilStenstrom/justhtml)__: HTML Parser: A simple HTML5 parser written in pure Python, needing no extra dependencies or complicated setup. (2024-12-21, shares: 753)
- __[Dashy: Personal Dashboard](https://github.com/Lissy93/dashy)__: Personal Dashboard: A customizable personal dashboard that users can host independently. (2021-02-28, shares: 23351)

## Podcasts

### Quantitative

- __[Risks in Nonbank Systems](http://macroriskadvisors.com/#9efd53430d8777c52f17555dff989fde)__: Ian Harnett highlights that systemic risks are now more prevalent in nonbank financial institutions and stresses the importance of cash flow in evaluating financial vulnerability. (2025-12-19, shares: 11)
- __[Price Logic in Uncertainty](http://localhost:8888/TopTradersUnplugged/ttu-2021/homepage/si378-when-prices-stop-making-sense-ft-mark-rzepczynski)__: Alan and Mark explore how the Federal Reserve's uncertain actions influence systematic investing, debating the significance of market prices versus narratives in understanding risks. (2025-12-13, shares: 8)
- __[Risk Assessment in Derivatives](http://macroriskadvisors.com/#88b06e7593ab8f1c22ddad7fb4ba3edc)__: Kumaran Vijayakumar reveals that analytical tools are revolutionizing risk assessment in equity derivatives by leveraging data to better understand client flows. (2025-12-16, shares: 7)
- __[US Rate Strategies](https://atanyrate.podbean.com/e/at-any-rate-us-rates-keep-the-liquidity-flowing/)__: US Rates Strategists Teresa Ho, Ipek Ozil, and Phoebe White examine how delays in economic data and new initiatives from the Fed affect market strategies. (2025-12-18, shares: 5)
- __[Evolving Macro Trading Strategies](https://resolve-gestalt-university.captivate.fm/episode/systematic-macro-in-a-shifting-economy-signals-over-stories)__: Aahan Menon advocates for shorter trading horizons in systematic macro investing, noting a marked discrepancy between labor market performance and broader economic activity. (2025-12-18, shares: 5)

### Related

- __[Tech Bubble Insights with Jay Pelosky](https://macrohive.libsyn.com/ep-339-jay-pelosky-on-tech-bubble-or-not-china-vs-us-clean-energy-plays)__: Jay Pelosky analyzes how AI, defense, and climate spending impact global growth and examines the competitive dynamics between China and the US. (2025-12-17, shares: 5)
- __[Politics, Borders, and Hegemons](http://localhost:8888/TopTradersUnplugged/ttu-2021/homepage/gm92-after-neoliberalism-politics-in-an-age-of-hard-borders-and-rising-hegemons-ft-gary-gerstle)__: Gary Gerstle addresses the decline of neoliberalism and the rise of nationalism in the US and Europe due to economic stress and changing political landscapes. (2025-12-17, shares: 4)
- __[Risk Parity with Alex Shahidi](https://pdcn.co/e/www.buzzsprout.com/2034153/episodes/18380284-the-truth-about-risk-parity-alex-shahidi-on-building-a-real-balanced-portfolio.mp3)__: Alex Shahidi introduces risk parity as a strategy for creating resilient investment portfolios, highlighting the need for diversification beyond traditional methods. (2025-12-18, shares: 4)
- __[Scott Goodwin on Investments](https://traffic.megaphone.fm/GLD1409900305.mp3)__: Scott Goodwin shares his investment philosophy and insights on credit market opportunities, clarifying that his views may not represent Goldman Sachs' stance. (2025-12-18, shares: 4)
- __[Amelie Chowna on Fixed Income](https://audioboom.com/posts/8818273)__: Amelie Chowna reflects on her career at LampG, discussing challenges and trends in fixed income investing, particularly in merging private and public credit strategies. (2025-12-18, shares: 3)

## Blogs

### Quantitative

- __[Reinforcement Learning in Financial Decisions](https://blog.ml-quant.com/p/quant-letter-december-2025-week-2)__: Reinforcement learning helps simplify investment decisions and offers reliable solutions for financial decision-making. (2025-12-14, shares: 12)
- __[Bond Pricing with Equity Options](https://blog.ml-quant.com/p/quant-letter-december-2025-week-2)__: A new approach is suggested for pricing zero-coupon bonds to better match equity options and enhance interest rate modeling. (2025-12-14, shares: 12)
- __[Adaptive Portfolio Optimization](https://blog.ml-quant.com/p/quant-letter-december-2025-week-2)__: Reinforcement learning is used to create a dynamic portfolio strategy that adapts to investor preferences over time. (2025-12-14, shares: 12)
- __[Investment Strategies via Reinforcement Learning](https://blog.ml-quant.com/p/quant-letter-december-2025-week-2)__: The research explores how reinforcement learning can provide clarity and reliability in tackling complex financial choices. (2025-12-14, shares: 12)
- __[Interest Rate Modeling for Zero-Coupon Bonds](https://blog.ml-quant.com/p/quant-letter-december-2025-week-2)__: New pricing techniques for zero-coupon bonds are proposed to achieve more accurate financial modeling. (2025-12-14, shares: 12)

### Related

- __[Volatility Benchmark](https://stockviz.substack.com/p/volatility-as-beta-21f)__: The VRP benchmark for options trading is performing well with a projected 20% annual growth over eight months despite market difficulties. (2025-12-13, shares: 7)
- __[VRP Update](https://stockviz.substack.com/p/volatility-as-beta-21f)__: The article discusses how the expenses of childcare affect family decisions about having children. (2025-12-13, shares: 7)
- __[Short Volatility Success](https://stockviz.substack.com/p/volatility-as-beta-21f)__: A weekly report reviews different market areas, covering country ETFs, fixed income, currencies, and commodities. (2025-12-13, shares: 7)
- __[Option Insights](https://stockviz.substack.com/p/volatility-as-beta-21f)__: Short volatility strategies have been financially successful recently, even in uncertain market conditions. (2025-12-13, shares: 7)
- __[Childcare Costs & Fertility](https://stockviz.substack.com/p/volatility-as-beta-21f)__: Daily profit and loss data show important changes in equity curves tied to option trading success. (2025-12-13, shares: 7)

## X / Twitter

### Miscellaneous

- __[AI in Investment Strategies: Insights from David Wright](https://x.com/practicalquant/status/2001346308792361235)__: Insights from David Wright: David Wright from Pictet explains how his team utilizes AI technology to create practical investment strategies, improving decision-making and enhancing investment performance. (2025-12-17, shares: 3)

## Reddit

### Quantitative

- __[Office Closure After 8 Months](https://www.reddit.com/r/quant/comments/1pnd08g/office_closed_down_after_8_months_of_joining_how/)__:  (2025-12-15, shares: 59)

### Rising

- __[Optiver Delta](https://www.reddit.com/r/quant/comments/1pmdp3v/optiver_delta_one/)__:  (2025-12-14, shares: 36)