arXiv subjects

Jiaxing Weng

Publications and source records attributed to Jiaxing Weng.

2 recordsLinked to original sources

arXiv2026

Conservation of Short-term Flows: Signed Optimal Transport

This paper develops a theoretical framework for signed optimal transport. A global flatness measure induced by the continuum transport equation serves as the regularizer. We examine transport networks from a harmonic analysis perspective, prove the existence and uniqueness of the optimal coupling in the variational problem, and provide an algorithmic scheme that guarantees lossless information transport under bi-marginal constraints. To bridge theory with practice, we design an empirical analysis framework for the resulting optimal estimators, which is sufficiently general to accommodate both time-series and panel-structural analyses of the network, owing to the intrinsic invariance properties of locally compact abelian groups.

econ.TH↗

arXiv2025

Emergence of Homophily under Contextual Mechanisms

This paper introduces a tractable model to study incentive-compatible homophily under both external environments--such as exogenous shocks or policy constraints--and internal micromotives based on interactive attributes. We propose a set of invariants that capture main features of homophily and the well-defined partition dynamics leading to perfect global homophily. The criteria for homophily formation are characterized via isomorphism. Within this framework, we demonstrate the emergence of macro-complementarity coupled with micro-substitution, where local individuals' utility function is nonlinear and submodular. We discuss two types of financial networks and their differences: hierarchical structure emerges from short-term liquidity transactions, whereas core-periphery structure is based on a stock-based perspective.

econ.TH↗