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Wenqing Zhang

Publications and source records attributed to Wenqing Zhang.

At least 19 recordsLinked to original sources

Discrete asset pricing under transaction costs and model uncertainty with and without short-sale constraints

We study discrete-time asset pricing with bid-ask spreads and model uncertainty. The family of probability measures enters the no-arbitrage condition through the union of its supports. In the single-period setting, we establish fundamental theorems of asset pricing with and without short-sale constraints. In the unconstrained market, no arbitrage is equivalent to the existence of a full-support martingale consistent price system. Under short-sale constraints, the martingale condition is replaced by a supermartingale condition. We then extend these results to a finite multi-period tree. The initial information is allowed to be nontrivial, so the initial trading cost and valuation bounds may depend on the initial state, and the corresponding inequalities are formulated conditionally. Finally, for a family of pricing measures, we introduce lower and upper robust supermartingale consistent price systems. We show that no arbitrage implies the existence of a lower system, while the existence of an upper system is sufficient for no arbitrage. A two-state example shows that the lower condition alone is not sufficient.

q-fin.MF

Homojunction-induced thermopower enhancement in polymer films

It has been more than twenty years since conductive polymers began to receive attention as an emerging thermoelectric material. However, the trade-off between electrical conductivity (σ) and thermopower (S) has proven to be a major challenge that has obstructed their use in actual devices. Here we report the discovery that the thermopower of the p- and n-type legs of organic thermogenerators can be substantially enhanced, without significant deterioration of σ, by constructing an in-plane segmented structure consisting of a homojunction with different doping levels on either side. In such segmented layers, the S is abnormally higher than the average value of the constituent parts when applying a forward temperature gradient (heating the heavily doped counterpart), while it is lower upon a reverse temperature gradient. Typically, for a two-stage segmented film of p-type PDPP-Se, an abnormally large S of 210 uV K-1 and σ of 2.5*10^4 S m-1 are obtained, resulting in a large power factor (PF) of 1100 uW m-1 K-2 and a record ZT of 1.36 at room temperature. The enhanced thermopower is attributed to an additional voltage developed at the homojunction under heating as explained by kinetic Monte Carlo simulations. This finding provides a breakthrough approach to the modulation of thermoelectric transport properties of conductive polymers.

cond-mat.mtrl-sci

Surface Charge Doping for Ion-Pairing Criticality in Confined Electrolytes

Dielectric confinement strengthens Coulomb correlations in quasi-two-dimensional electrolytes and can promote Bjerrum pairing in charge-neutral slits. Here we use a generalized Debye-Huckel-Bjerrum theory to show that weak surface charge changes this picture by stoichiometrically doping the slit with mobile counterions. These counterions maintain a finite screening floor, decouple microscopic pairing from macroscopic ionicity, and shift association-driven criticality to lower temperatures. The critical-temperature suppression collapses onto a single scaled perturbation variable, revealing how surface charge and dielectric confinement jointly control charged nanofluidic slits. Brownian-dynamics tests further show that the same counterions are not always fully bulk-like diffusive: at low intrinsic salt density, explicit wall charge slows in-plane diffusion, whereas at higher intrinsic density the wall-induced diffusion penalty decreases and the mobile-counterion description becomes dynamically accurate. These results identify surface charge as a thermodynamic doping field that tunes both correlated ionic stability and the diffusion mechanism in nanofluidic confinement.

cond-mat.soft

Material-Property-Field-based Deep Neural Network in Hopfield Framework

Current deep neural networks (DNNs) used in materials modeling often lack explicit physical structure and clear analytical formulations tailored to material systems, which can limit their interpretability. In this work, we integrate Material Property Fields (MPF) with the Hopfield network architecture and propose an analytically structured DNN framework named mPFDNN. MPF provides a unified framework that represents physical properties of materials as an analytical field built upon pairwise interactions, rigorously respecting fundamental symmetries, while also enabling a physically legitimate decomposition of property distributions at the atomic level. Although the Hopfield model was originally developed for Ising-like systems, we show that its dynamical evolution strategy can be naturally extended to the MPF framework. By reformulating nonlinear interatomic interactions as "hidden neurons", MPF can be extended into a deep yet analytically tractable DNN architecture that progressively captures an increasingly connected interaction landscape. This framework also provides a unified perspective that connects linear expansions and nonlinear DNN architectures within a common interaction-based formulation. Extensive validation across diverse systems, including inorganic crystals, organic molecules, and aqueous solutions, and across multiple target properties, shows that mPFDNN achieves competitive predictive accuracy while offering a physically motivated framework for structure-property mapping in chemistry, physics, and materials science.

cond-mat.mtrl-sci

Discrete-time asset price bubbles with short sales prohibitions under model uncertainty

In this study, we investigate asset price bubbles in a discrete-time, discrete-state market under model uncertainty and short sales prohibitions. Building on a new fundamental theorem of asset pricing and a superhedging duality in this setting, we introduce a notion of bubble based on a novel definition of the fundamental price, and analyze their types and characterization. We show that two distinct types of bubbles arise, depending on the maturity structure of the asset. For assets with bounded maturity and no dividend payments, the $G$-supermartingale property of prices provides a necessary and sufficient condition for the existence of bubbles. In contrast, when maturity is unbounded, the infi-supermartingale property yields a necessary condition, while the $G$-supermartingale property remains sufficient. Moreover, there is no bubble under a strengthened no dominance condition. As applications, we examine price bubbles for several standard contingent claims. We show that put-call parity generally fails for fundamental prices, whereas it holds for market prices under no dominance assumption. Furthermore, we establish bounds for the fundamental and market prices of American call options in terms of the corresponding European call prices, adjusted by the associated bubble components.

q-fin.MF

Large Language Models for Full-Text Methods Assessment: A Case Study on Mediation Analysis

Systematic reviews are crucial for synthesizing scientific evidence but remain labor-intensive, especially when extracting detailed methodological information. Large language models (LLMs) offer potential for automating methodological assessments, promising to transform evidence synthesis. Here, using causal mediation analysis as a representative methodological domain, we benchmarked state-of-the-art LLMs against expert human reviewers across 180 full-text scientific articles. Model performance closely correlated with human judgments (accuracy correlation 0.71; F1 correlation 0.97), achieving near-human accuracy on straightforward, explicitly stated methodological criteria. However, accuracy sharply declined on complex, inference-intensive assessments, lagging expert reviewers by up to 15%. Errors commonly resulted from superficial linguistic cues -- for instance, models frequently misinterpreted keywords like "longitudinal" or "sensitivity" as automatic evidence of rigorous methodological approache, leading to systematic misclassifications. Longer documents yielded lower model accuracy, whereas publication year showed no significant effect. Our findings highlight an important pattern for practitioners using LLMs for methods review and synthesis from full texts: current LLMs excel at identifying explicit methodological features but require human oversight for nuanced interpretations. Integrating automated information extraction with targeted expert review thus provides a promising approach to enhance efficiency and methodological rigor in evidence synthesis across diverse scientific fields.

cs.CL

Sublinear expectation structure under countable state space

In this study, we propose the sublinear expectation structure under countable state space. To describe an interesting "nonlinear randomized" trial, based on a convex compact domain, we introduce a family of probability measures under countable state space. Corresponding the sublinear expectation operator introduced by S. Peng, we consider the related notation under countable state space. Within the countable state framework, the sublinear expectation can be explicitly calculated by a novel repeated summation formula, and some interesting examples are given. Furthermore, we establish Monotone convergence theorem, Fatou's lemma and Dominated convergence theorem of sublinear expectation. Afterwards, we consider the independence under each probability measure, upon which we establish the sublinear law of large numbers and obtain the maximal distribution under sublinear expectation.

math.PR

Functional Unit: A New Perspective on Materials Science Research Paradigms

New materials have long marked the civilization level, serving as an impetus for technological progress and societal transformation. The classic structure-property correlations were key of materials science and engineering. However, the knowledge of materials faces significant challenges in adapting to exclusively data-driven approaches for new material discovery. This perspective introduces the concepts of functional units (FUs) to fill the gap in understanding of material structure-property correlations and knowledge inheritance as the "composition-microstructure" paradigm transitions to a data-driven AI paradigm transitions. Firstly, we provide a bird's-eye view of the research paradigm evolution from early "process-structure-properties-performance" to contemporary data-driven AI new trend. Next, we highlight recent advancements in the characterization of functional units across diverse material systems, emphasizing their critical role in multiscale material design. Finally, we discuss the integration of functional units into the new AI-driven paradigm of materials science, addressing both opportunities and challenges in computational materials innovation.

cond-mat.mtrl-sci

Room-temperature field-tunable radiofrequency rectification in epitaxial SrIrO3 films

Although significant advancements have been made in wireless technologies and portable devices, it remains a challenge for high-frequency and nanowatt-level radiofrequency rectification. In this work, we report a pronounced radiofrequency rectification up to 37 GHz in nominally centrosymmetric SrIrO3 epitaxial films, with the minimum detectable power as low as ~300 nanowatts. Strikingly, the SrIrO3 rectifier is highly field-tunable and exhibits a strong in-plane field anisotropy, thus showing a unique advantage in broad-band radiofrequency rectification. The rectification effect can persist up to at least 360 K and shows a sensitive temperature dependence including a sign inversion. By a systematic study of the nonlinear transport properties of SrIrO3, it is further revealed that the radiofrequency rectification originates from the nonlinear Hall effect with the dominant contribution from field-induced Berry curvature dipole. Our work demonstrates the superior performance of the field-tunable SrIrO3 rectifiers, unleashing the great application potential of centrosymmetric materials in harvesting and detecting ambient electromagnetic energy.

cond-mat.mtrl-sci

CatVTON: Concatenation Is All You Need for Virtual Try-On with Diffusion Models

Virtual try-on methods based on diffusion models achieve realistic effects but often require additional encoding modules, a large number of training parameters, and complex preprocessing, which increases the burden on training and inference. In this work, we re-evaluate the necessity of additional modules and analyze how to improve training efficiency and reduce redundant steps in the inference process. Based on these insights, we propose CatVTON, a simple and efficient virtual try-on diffusion model that transfers in-shop or worn garments of arbitrary categories to target individuals by concatenating them along spatial dimensions as inputs of the diffusion model. The efficiency of CatVTON is reflected in three aspects: (1) Lightweight network. CatVTON consists only of a VAE and a simplified denoising UNet, removing redundant image and text encoders as well as cross-attentions, and includes just 899.06M parameters. (2) Parameter-efficient training. Through experimental analysis, we identify self-attention modules as crucial for adapting pre-trained diffusion models to the virtual try-on task, enabling high-quality results with only 49.57M training parameters. (3) Simplified inference. CatVTON eliminates unnecessary preprocessing, such as pose estimation, human parsing, and captioning, requiring only a person image and garment reference to guide the virtual try-on process, reducing over 49% memory usage compared to other diffusion-based methods. Extensive experiments demonstrate that CatVTON achieves superior qualitative and quantitative results compared to baseline methods and demonstrates strong generalization performance in in-the-wild scenarios, despite being trained solely on public datasets with 73K samples.

cs.CV

Global Universal Scaling and Ultra-Small Parameterization in Machine Learning Interatomic Potentials with Super-Linearity

Using machine learning (ML) to construct interatomic interactions and thus potential energy surface (PES) has become a common strategy for materials design and simulations. However, those current models of machine learning interatomic potential (MLIP) provide no relevant physical constrains, and thus may owe intrinsic out-of-domain difficulty which underlies the challenges of model generalizability and physical scalability. Here, by incorporating physics-informed Universal-Scaling law and nonlinearity-embedded interaction function, we develop a Super-linear MLIP with both Ultra-Small parameterization and greatly expanded expressive capability, named SUS2-MLIP. Due to the global scaling rooting in universal equation of state (UEOS), SUS2-MLIP not only has significantly-reduced parameters by decoupling the element space from coordinate space, but also naturally outcomes the out-of-domain difficulty and endows the potentials with inherent generalizability and scalability even with relatively small training dataset. The nonlinearity-enbeding transformation for interaction function expands the expressive capability and make the potentials super-linear. The SUS2-MLIP outperforms the state-of-the-art MLIP models with its exceptional computational efficiency especially for multiple-element materials and physical scalability in property prediction. This work not only presents a highly-efficient universal MLIP model but also sheds light on incorporating physical constraints into artificial-intelligence-aided materials simulation.

cond-mat.mtrl-sci

Advanced Object Detection and Pose Estimation with Hybrid Task Cascade and High-Resolution Networks

In the field of computer vision, 6D object detection and pose estimation are critical for applications such as robotics, augmented reality, and autonomous driving. Traditional methods often struggle with achieving high accuracy in both object detection and precise pose estimation simultaneously. This study proposes an improved 6D object detection and pose estimation pipeline based on the existing 6D-VNet framework, enhanced by integrating a Hybrid Task Cascade (HTC) and a High-Resolution Network (HRNet) backbone. By leveraging the strengths of HTC's multi-stage refinement process and HRNet's ability to maintain high-resolution representations, our approach significantly improves detection accuracy and pose estimation precision. Furthermore, we introduce advanced post-processing techniques and a novel model integration strategy that collectively contribute to superior performance on public and private benchmarks. Our method demonstrates substantial improvements over state-of-the-art models, making it a valuable contribution to the domain of 6D object detection and pose estimation.

cs.CV

ComposeAnyone: Controllable Layout-to-Human Generation with Decoupled Multimodal Conditions

Building on the success of diffusion models, significant advancements have been made in multimodal image generation tasks. Among these, human image generation has emerged as a promising technique, offering the potential to revolutionize the fashion design process. However, existing methods often focus solely on text-to-image or image reference-based human generation, which fails to satisfy the increasingly sophisticated demands. To address the limitations of flexibility and precision in human generation, we introduce ComposeAnyone, a controllable layout-to-human generation method with decoupled multimodal conditions. Specifically, our method allows decoupled control of any part in hand-drawn human layouts using text or reference images, seamlessly integrating them during the generation process. The hand-drawn layout, which utilizes color-blocked geometric shapes such as ellipses and rectangles, can be easily drawn, offering a more flexible and accessible way to define spatial layouts. Additionally, we introduce the ComposeHuman dataset, which provides decoupled text and reference image annotations for different components of each human image, enabling broader applications in human image generation tasks. Extensive experiments on multiple datasets demonstrate that ComposeAnyone generates human images with better alignment to given layouts, text descriptions, and reference images, showcasing its multi-task capability and controllability.

cs.CV

CatV2TON: Taming Diffusion Transformers for Vision-Based Virtual Try-On with Temporal Concatenation

Virtual try-on (VTON) technology has gained attention due to its potential to transform online retail by enabling realistic clothing visualization of images and videos. However, most existing methods struggle to achieve high-quality results across image and video try-on tasks, especially in long video scenarios. In this work, we introduce CatV2TON, a simple and effective vision-based virtual try-on (V2TON) method that supports both image and video try-on tasks with a single diffusion transformer model. By temporally concatenating garment and person inputs and training on a mix of image and video datasets, CatV2TON achieves robust try-on performance across static and dynamic settings. For efficient long-video generation, we propose an overlapping clip-based inference strategy that uses sequential frame guidance and Adaptive Clip Normalization (AdaCN) to maintain temporal consistency with reduced resource demands. We also present ViViD-S, a refined video try-on dataset, achieved by filtering back-facing frames and applying 3D mask smoothing for enhanced temporal consistency. Comprehensive experiments demonstrate that CatV2TON outperforms existing methods in both image and video try-on tasks, offering a versatile and reliable solution for realistic virtual try-ons across diverse scenarios.

cs.CV

Mitigating Knowledge Conflicts in Language Model-Driven Question Answering

In the context of knowledge-driven seq-to-seq generation tasks, such as document-based question answering and document summarization systems, two fundamental knowledge sources play crucial roles: the inherent knowledge embedded within model parameters and the external knowledge obtained through context. Recent studies revealed a significant challenge: when there exists a misalignment between the model's inherent knowledge and the ground truth answers in training data, the system may exhibit problematic behaviors during inference, such as ignoring input context, or generating unfaithful content. Our investigation proposes a strategy to minimize hallucination by building explicit connection between source inputs and generated outputs. We specifically target a common hallucination pattern in question answering, examining how the correspondence between entities and their contexts during model training influences the system's performance at inference time.

cs.CL

Generating Multimodal Images with GAN: Integrating Text, Image, and Style

In the field of computer vision, multimodal image generation has become a research hotspot, especially the task of integrating text, image, and style. In this study, we propose a multimodal image generation method based on Generative Adversarial Networks (GAN), capable of effectively combining text descriptions, reference images, and style information to generate images that meet multimodal requirements. This method involves the design of a text encoder, an image feature extractor, and a style integration module, ensuring that the generated images maintain high quality in terms of visual content and style consistency. We also introduce multiple loss functions, including adversarial loss, text-image consistency loss, and style matching loss, to optimize the generation process. Experimental results show that our method produces images with high clarity and consistency across multiple public datasets, demonstrating significant performance improvements compared to existing methods. The outcomes of this study provide new insights into multimodal image generation and present broad application prospects.

cs.CV

Advanced Risk Prediction and Stability Assessment of Banks Using Time Series Transformer Models

This paper aims to study the prediction of the bank stability index based on the Time Series Transformer model. The bank stability index is an important indicator to measure the health status and risk resistance of financial institutions. Traditional prediction methods are difficult to adapt to complex market changes because they rely on single-dimensional macroeconomic data. This paper proposes a prediction framework based on the Time Series Transformer, which uses the self-attention mechanism of the model to capture the complex temporal dependencies and nonlinear relationships in financial data. Through experiments, we compare the model with LSTM, GRU, CNN, TCN and RNN-Transformer models. The experimental results show that the Time Series Transformer model outperforms other models in both mean square error (MSE) and mean absolute error (MAE) evaluation indicators, showing strong prediction ability. This shows that the Time Series Transformer model can better handle multidimensional time series data in bank stability prediction, providing new technical approaches and solutions for financial risk management.

q-fin.RM

Emerging quantum critical phase in a cluster spin-glass

Magnetic frustration has been recognized as pivotal to investigating new phases of matter in correlation-driven Kondo breakdown quantum phase transitions that are not clearly associated with broken symmetry. The nature of these new phases, however, remains underexplored. Here, we report quantum criticalities emerging from a cluster spin-glass in the heavy-fermion metal TiFe$_x$Cu$_{2x-1}$Sb, where frustration originates from intrinsic disorder. Specific heat and magnetic Grüneisen parameter measurements under varying magnetic fields exhibit quantum critical scaling, indicating a quantum critical point near 0.13 Tesla. As the magnetic field increases, the cluster spin-glass phase is progressively suppressed. Upon crossing the quantum critical point, resistivity and Hall effect measurements reveal enhanced screening of local moments and an expanding Fermi surface, consistent with the Kondo breakdown scenario.

cond-mat.str-el