We consider the Ising model at its critical temperature with external magnetic field ha15/8 on the square lattice with lattice spacing a. We show that the truncated two-point function in this model decays exponentially with a rate independent of a as a ↓ 0. As a consequence, we show exponential decay in the near-critical scaling limit Euclidean magnetization field. For the lattice model with a = 1, the mass (inverse correlation length) is of order h8/15 as h ↓ 0; for the Euclidean field, it equals exactly Ch8/15 for some C. Although there has been much progress in the study of critical scaling limits, results on near-critical models are far fewer due to the lack of conformal invariance away from the critical point. Our arguments combine lattice and continuum FK representations, including coupled conformal loop and measure ensembles, showing that such ensembles can be useful even in the study of near-critical scaling limits. Thus we provide the first substantial application of measure ensembles.

We construct relative and global Euler sequences of a module. We apply it to prove some acyclicity results of the Koszul complex of a module and to compute the cohomology of the sheaves of (relative and absolute) differential $p$ -forms of a projective bundle. In particular we generalize Bott’s formula for the projective space to a projective bundle over a scheme of characteristic zero.

Suppose we lhave n observationis ftom Y= X+ c, where e is nieasuremiienit error with kiowin distributioni, and the denesity f of X is uniknowii withi thte nloln-paraniietric conistrainit

This article introduces the large portfolio selection using gross-exposure constraints. It shows that with gross-exposure constraints, the empirically selected optimal portfolios based on estimated covariance matrices have similar performance to the theoretical optimal ones and there is no error accumulation effect from estimation of vast covariance matrices. This gives theoretical justification to the empirical results by Jagannathan and Ma. It also shows that the no-short-sale portfolio can be improved by allowing some short positions. The applications to portfolio selection, tracking, and improvements are also addressed. The utility of our new approach is illustrated by simulation and empirical studies on the 100 FamaFrench industrial portfolios and the 600 stocks randomly selected from Russell 3000.

We use techniques from both real and complex algebraic geometry to study$K$-theoretic and related invariants of the algebra$C$($X$) of continuous complex-valued functions on a compact Hausdorff topological space$X$. For example, we prove a parameterized version of a theorem by Joseph Gubeladze; we show that if$M$is a countable, abelian, cancellative, torsion-free, semi-normal monoid, and$X$is contractible, then every finitely generated projective module over$C$($X$)[$M$] is free. The particular case $$ M = \mathbb{N}_0^n $$ gives a parameterized version of the celebrated theorem proved independently by Daniel Quillen and Andrei Suslin that finitely generated projective modules over a polynomial ring over a field are free. The conjecture of Jonathan Rosenberg which predicts the homotopy invariance of the negative algebraic$K$-theory of$C$($X$) follows from the particular case $$ M = {\mathbb{Z}^n} $$ . We also give algebraic conditions for a functor from commutative algebras to abelian groups to be homotopy invariant on$C$^{*}-algebras, and for a homology theory of commutative algebras to vanish on$C$^{*}-algebras. These criteria have numerous applications. For example, the vanishing criterion applied to nil$K$-theory implies that commutative$C$^{*}-algebras are$K$-regular. As another application, we show that the familiar formulas of Hochschild–Kostant–Rosenberg and Loday–Quillen for the algebraic Hochschild and cyclic homology of the coordinate ring of a smooth algebraic variety remain valid for the algebraic Hochschild and cyclic homology of$C$($X$). Applications to the conjectures of Beĭlinson-Soulé and Farrell–Jones are also given.