Xiang Yi

Chengzhi Zhang, Yi Xiang, Wenke Hao et al.

Future work sentences (FWS) are the particular sentences in academic papers that contain the author's description of their proposed follow-up research direction. This paper presents methods to automatically extract FWS from academic papers and classify them according to the different future directions embodied in the paper's content. FWS recognition methods will enable subsequent researchers to locate future work sentences more accurately and quickly and reduce the time and cost of acquiring the corpus. The current work on automatic identification of future work sentences is relatively small, and the existing research cannot accurately identify FWS from academic papers, and thus cannot conduct data mining on a large scale. Furthermore, there are many aspects to the content of future work, and the subdivision of the content is conducive to the analysis of specific development directions. In this paper, Nature Language Processing (NLP) is used as a case study, and FWS are extracted from academic papers and classified into different types. We manually build an annotated corpus with six different types of FWS. Then, automatic recognition and classification of FWS are implemented using machine learning models, and the performance of these models is compared based on the evaluation metrics. The results show that the Bernoulli Bayesian model has the best performance in the automatic recognition task, with the Macro F1 reaching 90.73%, and the SCIBERT model has the best performance in the automatic classification task, with the weighted average F1 reaching 72.63%. Finally, we extract keywords from FWS and gain a deep understanding of the key content described in FWS, and we also demonstrate that content determination in FWS will be reflected in the subsequent research work by measuring the similarity between future work sentences and the abstracts.

Jin Fang, Jiacheng Weng, Yi Xiang et al.

A novel framework for solving the optimal execution and placement problems using reinforcement learning (RL) with imitation was proposed. The RL agents trained from the proposed framework consistently outperformed the industry benchmark time-weighted average price (TWAP) strategy in execution cost and showed great generalization across out-of-sample trading dates and tickers. The impressive performance was achieved from three aspects. First, our RL network architecture called Dual-window Denoise PPO enabled efficient learning in a noisy market environment. Second, a reward scheme with imitation learning was designed, and a comprehensive set of market features was studied. Third, our flexible action formulation allowed the RL agent to tackle optimal execution and placement collectively resulting in better performance than solving individual problems separately. The RL agent's performance was evaluated in our multi-agent realistic historical limit order book simulator in which price impact was accurately assessed. In addition, ablation studies were also performed, confirming the superiority of our framework.