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Bodnar, Taras (author), Ivasiuk, Dmytro (author), Parolya, N. (author), Schmid, Wolfgang (author)
In this paper, we derive an analytical solution to the dynamic optimal portfolio choice problem in the case of an investor equipped with a power utility function of wealth. The results are established by solving the Bellman backward recursion under the assumption that the vector of asset returns follows a vector-autoregressive process with...
journal article 2023
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Ubacht, J. (author), Schmid, Jonathan (author), Rietveld, Elmer (author), Lennartz, Jelmer (author), Rukanova, B.D. (author), Tan, Y. (author)
The European Commission initiated a series of Directives and Regulations that aim to turn the linear economy into a climate-neutral and circular economy. Business-to-government information- sharing arrangements play an essential role in monitoring compliance with these regulatory measures. To this end data from the supply chain of products needs...
conference paper 2023
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Schlatt, Vincent (author), Guggenberger, Tobias (author), Schmid, J. (author), Urbach, Nils (author)
Blockchain-based systems become increasingly attractive targets for cybercrime due to the rising amount of value transacted in respective systems. However, a comprehensive overview of existing attack vectors and a directive discussion of resulting research opportunities are missing. Employing a structured literature review, we extract and...
journal article 2023
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Naumann, Alexander (author), Hertlein, Felix (author), Grimm, Daniel (author), Zipf, Maximilian (author), Thoma, Steffen (author), Rettinger, Achim (author), Halilaj, Lavdim (author), Luettin, Juergen (author), Schmid, Stefan (author), Caesar, Holger (author)
Motion prediction and planning are key components to enable autonomous driving. Although high definition (HD) maps provide important contextual information that constrains the action space of traffic participants, most approaches are not able to fully exploit this heterogeneous information. In this work, we enrich the existing road geometry of...
conference paper 2023
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Rukanova, B.D. (author), Ubacht, J. (author), Turner, B. (author), Tan, Y. (author), Schmid, J. (author), Rietveld, E (author)
The United Nations’ Sustainable Development Goals (SDGs) have paved the way toward a more sustainable future. The 2019 EU Green Deal and the 2020 EU Circular Economy Action Plan [1] introduce laws and regulations to facilitate and encourage the transition towards sustainability and a circular economy (CE). For the implementation of these...
conference paper 2023
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Shukla, Apoorv (author), Hudemann, Kevin (author), Vagi, Zsolt (author), Hugerich, Lily (author), Smaragdakis, G. (author), Hecker, Artur (author), Schmid, Stefan (author), Feldmann, Anja (author)
We introduce a runtime verification framework for programmable switches that complements static analysis. To evaluate our approach, we design and develop P6, a runtime verification system that automatically detects, localizes, and patches software bugs in P4 programs. Bugs are reported via a violation of pre-specified expected behavior that...
journal article 2023
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Schmid, Christoph U. (author), Haapakka, Merja (author), Haffner, M.E.A. (author), Hamm, Hartwig (author), Lux, Martin (author), Nasarre-Aznar, Sergio (author), Whitehead, Christine (author)
report 2022
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Wen, C. (author), Bertosin, E. (author), Shi, X. (author), Dekker, C. (author), Schmid, Sonja (author)
Nanopores are versatile single-molecule sensors offering a simple label-free readout with great sensitivity. We recently introduced the nanopore electro-osmotic trap (NEOtrap) which can trap and sense single unmodified proteins for long times. The trapping is achieved by the electro-osmotic flow (EOF) generated from a DNA-origami sphere...
journal article 2022
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Kockelkorn, A.M. (author), Schmid, Christian (author), Streule, Monika (author), Wong, Kit Ping (author)
This article compares how state-initiated mass housing urbanization has contributed to processes of peripheralization in three very different historical and geopolitical settings: in Paris from the 1950s to the 1990s in Hong Kong from the 1950s to 2010s and in Mexico City from the 1990s to the 2010s. We understand mass housing urbanization as...
journal article 2022
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Bodnar, Taras (author), Dmytriv, Solomiia (author), Okhrin, Yarema (author), Parolya, N. (author), Schmid, Wolfgang (author)
In this paper, using the shrinkage-based approach for portfolio weights and modern results from random matrix theory we construct an effective procedure for testing the efficiency of the expected utility (EU) portfolio and discuss the asymptotic behavior of the proposed test statistic under the high-dimensional asymptotic regime, namely when...
journal article 2021
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Schmid, S. (author), Dekker, C. (author)
Proteins are the active workhorses in our body. These biomolecules perform all vital cellular functions from DNA replication and general biosynthesis to metabolic signaling and environmental sensing.While static 3D structures are now readily available, observing the functional cycle of proteins-involving conformational changes and...
review 2021
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Bohländer, P.R. (author), Filius, M. (author), van Kooten, Xander F. (author), Pomorski, A.K. (author), Schmid, S. (author), Dekker, C. (author), Eelkema, R. (author), Kim, S.H. (author), Joo, C. (author)
Single-cell profiling methods have had a profound impact on the understanding of cellular heterogeneity. While genomes and transcriptomes can be explored at the single-cell level, single-cell profiling of proteomes is not yet established. Here we describe new single-molecule protein sequencing and identification technologies alongside...
review 2021
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Calamita, Elisa (author), Siviglia, Annunziato (author), Gettel, Gretchen M. (author), Franca, M.J. (author), Scott Winton, R. (author), Teodoru, Cristian R. (author), Schmid, Martin (author), Wehrli, Bernhard (author)
Recent studies show that tropical hydroelectric reservoirs may be responsible for substantial greenhouse gas emissions to the atmosphere, yet emissions from the surface of released water downstream of the dam are poorly characterized if not neglected entirely from most assessments. We found that carbon dioxide (CO<sub>2</sub>) emission...
journal article 2021
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Schmid, S. (author), Stömmer, Pierre (author), Dietz, Hendrik (author), Dekker, C. (author)
Many strategies have been pursued to trap and monitor single proteins over time to detect the molecular mechanisms of these essential nanomachines. Single-protein sensing with nanopores is particularly attractive because it allows label-free high-bandwidth detection on the basis of ion currents. Here we present the nanopore electro-osmotic...
journal article 2021
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Schmid, S. (author), Dekker, C. (author)
This paper provides a perspective on potential applications of a new single-molecule technique, viz., the nanopore electro-osmotic trap (NEOtrap). This solid-state nanopore-based method uses locally induced electro-osmosis to form a hydrodynamic trap for single molecules. Ionic current recordings allow one to study an unlabeled protein or...
review 2021
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Bauder, David (author), Bodnar, Taras (author), Parolya, N. (author), Schmid, Wolfgang (author)
The paper solves the problem of optimal portfolio choice when the parameters of the asset returns distribution, for example the mean vector and the covariance matrix, are unknown and have to be estimated by using historical data on asset returns. Our new approach employs the Bayesian posterior predictive distribution which is the distribution...
journal article 2020
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Fragasso, A. (author), Schmid, S. (author), Dekker, C. (author)
Nanopores bear great potential as single-molecule tools for bioanalytical sensing and sequencing, due to their exceptional sensing capabilities, high-throughput, and low cost. The detection principle relies on detecting small differences in the ionic current as biomolecules traverse the nanopore. A major bottleneck for the further progress of...
review 2020
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Bodnar, Taras (author), Ivasiuk, Dmytro (author), Parolya, N. (author), Schmid, Wolfgang (author)
We derive new results related to the portfolio choice problem for power and logarithmic utilities. Assuming that the portfolio returns follow an approximate log-normal distribution, the closed-form expressions of the optimal portfolio weights are obtained for both utility functions. Moreover, we prove that both optimal portfolios belong to...
journal article 2020
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Arun, Rahul (author), Dawson, Scott T.M. (author), Schmid, Peter J. (author), Laskari, A. (author), McKeon, Beverley J. (author)
Small spatial perturbations grow into fingers along the unstable interface of a fluid displacing a more viscous fluid in a porous medium or a Hele-Shaw cell. Mitigating this Saffman-Taylor instability increases the efficiency of fluid displacement applications (e.g., oil recovery), whereas amplifying these perturbations is desirable in, e.g.,...
journal article 2020
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Bauder, David (author), Bodnar, Taras (author), Parolya, N. (author), Schmid, Wolfgang (author)
We consider the estimation of the multi-period optimal portfolio obtained by maximizing an exponential utility. Employing the Jeffreys non-informative prior and the conjugate informative prior, we derive stochastic representations for the optimal portfolio weights at each time point of portfolio reallocation. This provides a direct access not...
journal article 2020
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