Can You Hear the Shape of a Market? Geometric Arbitrage and Spectral Theory

Utilizing gauge symmetries, the Geometric Arbitrage Theory reformulates any asset model, allowing for arbitrage by means of a stochastic principal fibre bundle with a connection whose curvature measures the “instantaneous arbitrage capability”. The cash flow bundle is the associated vector bundle. The zero eigenspace of its connection Laplacian parameterizes all risk-neutral measures equivalent to the statistical one. A market satisfies the No-Free-Lunch-with-Vanishing-Risk (NFLVR) condition if and only if 0 is in the discrete spectrum of the Laplacian. The Jarrow–Protter–Shimbo theory of asset bubbles and their classification and decomposition extend to markets not satisfying the NFLVR. Euler’s characteristic of the asset nominal space and non-vanishing of the homology group of the cash flow bundle are both topological obstructions to NFLVR.

The Principal Fibre Bundle on Lorentzian Almost R-para Contact Structure

The purpose of this paper is to study the principal fibre bundle ( P , M , G , π p ) with Lie group G , where M admits Lorentzian almost paracontact structure ( Ø , ξ p , η p , g ) satisfying certain condtions on (1, 1) tensor field J , indeed possesses an almost product structure on the principal fibre bundle. In the later sections, we have defined trilinear frame bundle and have proved that the trilinear frame bundle is the principal bundle and have proved in Theorem 5.1 that the Jacobian map π * is the isomorphism.

Best Matching: Technical Details

The best matching procedure described in Chapter 4 is equivalent to the introduction of a principal fibre bundle in configuration space. Essentially one introduces a one-dimensional gauge connection on the time axis, which is a representation of the Euclidean group of rotations and translations (or, possibly, the similarity group which includes dilatations). To accommodate temporal relationalism, the variational principle needs to be invariant under reparametrizations. The simplest way to realize this in point–particle mechanics is to use Jacobi’s reformulation of Mapertuis’ principle. The chapter concludes with the relational reformulation of the Newtonian N-body problem (and its scale-invariant variant).

On some flat connection associated with locally symmetric surface

For every two-dimensional manifold M with locally symmetric linear connection ∇, endowed also with ∇-parallel volume element, we construct a flat connection on some principal fibre bundle P(M,G). Associated with - satisfying some particular conditions - local basis of TM local connection form of such a connection is an R(G)-valued 1-form build from the dual basis ω1, ω2 and from the local connection form ω of ▽. The structural equations of (M,∇) are equivalent to the condition dΩ-Ω∧Ω=0. This work was intended as an attempt to describe in a unified way the construction of similar 1-forms known for constant Gauss curvature surfaces, in particular of that given by R. Sasaki for pseudospherical surfaces.

Geometrical Models of Elementary Particles

A new concept of space and time, constructed from a de Sitter structured principal fibre bundle with a connection, is used to discuss a geometrical interpretation for the complex plane of the quantum theory and quantum behaviour of particles. In particular some features of a theory based on a torsion free metric linear connection in a five-dimensional base manifold are described.