61,577 research outputs found
Beyond the DSGE Straitjacket
Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort of DSGE and the resistance of some in the profession to alternatives has become a straitjacket that restricts empirical and theoretical experimentation and inhibits innovation and that the profession should embrace a more flexible approach to macroeconometric modelling. We describe one possible approach
Development and Analysis of Deterministic Privacy-Preserving Policies Using Non-Stochastic Information Theory
A deterministic privacy metric using non-stochastic information theory is
developed. Particularly, minimax information is used to construct a measure of
information leakage, which is inversely proportional to the measure of privacy.
Anyone can submit a query to a trusted agent with access to a non-stochastic
uncertain private dataset. Optimal deterministic privacy-preserving policies
for responding to the submitted query are computed by maximizing the measure of
privacy subject to a constraint on the worst-case quality of the response
(i.e., the worst-case difference between the response by the agent and the
output of the query computed on the private dataset). The optimal
privacy-preserving policy is proved to be a piecewise constant function in the
form of a quantization operator applied on the output of the submitted query.
The measure of privacy is also used to analyze the performance of -anonymity
methodology (a popular deterministic mechanism for privacy-preserving release
of datasets using suppression and generalization techniques), proving that it
is in fact not privacy-preserving.Comment: improved introduction and numerical exampl
SelfieBoost: A Boosting Algorithm for Deep Learning
We describe and analyze a new boosting algorithm for deep learning called
SelfieBoost. Unlike other boosting algorithms, like AdaBoost, which construct
ensembles of classifiers, SelfieBoost boosts the accuracy of a single network.
We prove a convergence rate for SelfieBoost under some "SGD
success" assumption which seems to hold in practice
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