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University of York

Academic institutioneurope · gb
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Research library247linked papers
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Selected work

Representative Papers

An efficient construction of Raz's two-source randomness extractor with improved parameters

Jun 18, 2025

Raz’s two-source extractor originally incurred quartic-polynomial computational complexity, severely limiting practicality. To address this, we propose the first efficient variant supporting a combination of linear-entropy and logarithmic-entropy sources, reducing time complexity to quasi-linear. Leveraging a novel analytic theorem, we lower entropy requirements and achieve, for the first time, both quantum security and strong security guarantees. Our construction integrates algebraic geometry codes, finite-field polynomial evaluation, and information-theoretic analysis to establish robust quantum randomness extraction. Experiments demonstrate over three orders-of-magnitude improvement in computational efficiency and significantly reduced entropy requirements. Theoretically and empirically, our extractor outperforms all existing mainstream two-source extractors. The implementation is fully open-sourced, including automated parameter computation and industrial-grade configuration tools.

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Closed form solution to zero coupon bond using a linear stochastic delay differential equation

Feb 26, 2024

This paper addresses the memoryless limitation of classical short-rate models (e.g., Vasicek) by proposing an extension based on linear stochastic delay differential equations (SDDEs). Methodologically, it integrates affine term structure theory, SDDE analysis, and probabilistic asymptotic techniques. The contributions are threefold: (i) it derives, for the first time, an exact closed-form solution for zero-coupon bond prices under a delayed short-rate model and proves that the price is an affine function of the current short rate; (ii) it rigorously establishes that the short rate follows a history-dependent normal distribution; and (iii) it proves the existence and uniqueness of both a stationary distribution and a limiting distribution for the delay model. These results extend the theoretical scope of affine models and provide a rigorous foundation—along with analytical tools—for pricing interest-rate derivatives incorporating memory effects.

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