L6

This talk is concerned with the question of generating the homology of a covering space by lifts of simple closed curves (from topological viewpoint), and generating the first homology of a subgroup by powers of elements outside certain filtrations (from group-theoretic viewpoint). I will sketch Malestein's and Putman's construction of examples of branched covers where lifts of scc's span a proper subspace. I will discuss the relation of their proof to the Magnus embedding, and present recent results on similar embeddings of surface groups which facilitate extending their theorems to unbranched covers.

Nonlinear filtering is a central mathematical tool in understanding how we process information. Unfortunately, the equations involved are often high dimensional, and therefore, in practical applications, approximate filters are often employed in place of the optimal filter. The error introduced by using these approximations is generally poorly understood. In this talk we will see how, in the case where the underlying process is a continuous-time, finite-state Markov Chain, results on the stability of filters can be strengthened to yield bounds for the error between the optimal filter and a general approximate filter.  We will then consider the 'projection filter', a low dimensional approximation of the filtering equation originally due to D. Brigo and collaborators, and show that its error is indeed well-controlled. The talk is based on joint work with Sam Cohen.

Stochastic portfolio theory is a framework to study large equity markets over long time horizons. In such settings investors are often confined to trading in an “open market” setup consisting of only assets with high capitalizations. In this work we relax previously studied notions of open markets and develop a tractable framework for them under mild structural conditions on the market.

Within this framework we also introduce a large parametric class of processes, which we call rank Jacobi processes. They produce a stable capital distribution curve consistent with empirical observations. Moreover, there are explicit expressions for the growth-optimal portfolio, and they are also shown to serve as worst-case models for a robust asymptotic growth problem under model ambiguity.

Time permitting, I will also present an extended class of models and illustrate calibration results to CRSP Equity Data.

This talk is based on joint work with Martin Larsson.

The resolvents of finite volume restricted Hamiltonians, G^(⍵), have long been used to describe the localization of quantum systems. More recently, projected Green's functions (pGfs) -- finite volume restrictions of the resolvent -- have been applied to translation invariant free fermion systems, and the pGf zero eigenvalues have been shown to determine topological edge modes in free-fermion systems with bulk-edge correspondence. In this talk, I will connect the pGfs to the G^(⍵) appearing in the transfer matrices of quasi-periodic systems and discuss what pGF zeros can tell us about the solutions to transfer matrix equations. Using these methods, we re-examine the critical almost-Matthieu operator and notice new guarantees on analytic regions of its resolvent for Liouville irrationals.
 

For a reductive group defined over a p-adic field, the wavefront set is an invariant of an admissible representations which roughly speaking measures the direction of the singularities of the character near the identity. Studied first by Roger Howe in the 70s, the wavefront set has important connections to Arthur packets, and has been the subject of thorough investigation in the intervening years. One of main lines of inquiry is to determine the relation between the wavefront set and the L-parameter of a representation. In this talk we present new results answering this question for unipotent representations with real infinitesimal character. The results are joint with Dan Ciubotaru and Lucas Mason-Brown.

Let K be an algebraically closed field. Given three elements a Lie algebra over K, we say that these elements form an sl_2-triple if they generate a subalgebra which is a homomorphic image of sl_2(K). In characteristic 0, the Jacobson-Morozov theorem provides a bijection between the orbits of nilpotent elements of the Lie algebra and the orbits of sl_2-triples. In this talk I will discuss the progress made in extending this result to fields of characteristic p, and discuss results for both the classical and exceptional Lie algebras. 

The pro-C completion of a free profinite group on an infinite set of generators is a profinite group of a greater rank. However, it is still not known whether it is a free profinite group too.  We will discuss this question, present a positive answer for some special varieties, and show partial results regarding the general case. In addition, we present the infinite tower of profinite completions, which leads to a generalisation for completions of higher orders. 

The Satake isomorphism is a fundamental result in p-adic groups, and the affine Grassmannian is the natural setting where this geometrizes to the Geometric Satake Correspondence. In fact, it suffices to work with affine Grassmannian slices, which retain all of the information.

Recently, Braverman, Finkelberg, and Nakajima showed that affine Grassmannian slices arise as Coulomb branches of certain quiver gauge theories. Remarkably, their construction works in Kac-Moody type as well. Their work opens the door to studying affine Grassmannians and Geometric Satake Correspondence for Kac-Moody groups. Unfortunately, it is difficult at present to do any explicit geometry with the Coulomb branch definition. For example, a basic feature is that affine Grassmannian slices embed into one another. However, this is not apparent from the Coulomb branch definition. In this talk, I will explain why these embeddings are necessarily subtle. Nonetheless, I will show a way to construct the embeddings using fundamental monopole operators.

This is joint work with Alex Weekes.

Rational Cherednik algebra is a flat deformation of a skew product of the Weyl algebra and a Coxeter group W. I am going to discuss two interesting subalgebras of Cherednik algebras going back to the work of Hakobyan and the speaker from 2015. They are flat deformations of skew products of quotients of the universal enveloping algebras of gl_n and so_n, respectively, with W. They also have to do with particular nilpotent orbits and generalised Howe duality.  Their central quotients can be given as the algebra of global sections of sheaves of Cherednik algebras. The talk is partly based on a joint work with D. Thompson.

This talk presents a general framework for modelling the dynamics of limit order books, built on the combination of two modelling ingredients: the order flow, modelled as a general spatial point process, and the market clearing, modelled via a deterministic ‘mass transport’ operator acting on distributions of buy and sell orders. At the mathematical level, this corresponds to a natural decomposition of the infinitesimal generator describing the  order book evolution into two operators: the generator of the order flow and the clearing operator. Our model provides a flexible framework for modelling and simulating order book dynamics and studying various scaling limits of discrete order book models. We show that our framework includes previous models as special cases and yields insights into the interplay between order flow and price dynamics. This talk is based on joint work with Rama Cont and Pierre Degond.