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Martin Tegner

Publications and source records attributed to Martin Tegner.

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Deciding When to Rely on Visual Information: Gated Multimodal Fusion in Sequential Recommendation

Multimodal sequential recommender systems commonly fuse visual and collaborative signals uniformly, treating visual features as generically informative regardless of item or user context. We argue that visual utility, defined as the contribution of visual signals to recommendation quality, is a latent contextual variable that depends on both the item and the user's interaction history rather than a fixed item property. To model this variability, we introduce VisGate, a framework that makes adaptive item-level fusion decisions conditioned on item embeddings and the user's current sequence context. Visual representations are learned through a contrastive objective over sequential co-occurrence patterns, preserving complementarity with collaborative embeddings rather than aligning them into a shared space. Beyond achieving competitive recommendation performance, VisGate's learned gate serves as a measurement tool for understanding when and why visual information is beneficial. Our analyses show that visual utility varies across items, increases under interaction sparsity when collaborative signals are weak, and correlates with visual distinctiveness in semantically meaningful ways. Together, these findings highlight the importance of both fine-grained fusion and modality complementarity, while demonstrating that item-level visual utility can be estimated and interpreted through learned gating behaviour.

cs.IR

A Bayesian take on option pricing with Gaussian processes

Local volatility is a versatile option pricing model due to its state dependent diffusion coefficient. Calibration is, however, non-trivial as it involves both proposing a hypothesis model of the latent function and a method for fitting it to data. In this paper we present novel Bayesian inference with Gaussian process priors. We obtain a rich representation of the local volatility function with a probabilistic notion of uncertainty attached to the calibrate. We propose an inference algorithm and apply our approach to S&P 500 market data.

q-fin.MF

Sequential sampling of Gaussian process latent variable models

We consider the problem of inferring a latent function in a probabilistic model of data. When dependencies of the latent function are specified by a Gaussian process and the data likelihood is complex, efficient computation often involve Markov chain Monte Carlo sampling with limited applicability to large data sets. We extend some of these techniques to scale efficiently when the problem exhibits a sequential structure. We propose an approximation that enables sequential sampling of both latent variables and associated parameters. We demonstrate strong performance in growing-data settings that would otherwise be unfeasible with naive, non-sequential sampling.

stat.ML