wanyu/IteraTeR_full_sent huggingface dataset:
Original:  In a continuous time framework, we bring together the notion of intrinsic risk and the martingale theory to derive a martingale measure, namely risk-subjective measure, for pricing and hedging financial derivatives.
Revised:  In a continuous time framework, we bring together the notion of intrinsic risk and the martingale theory to derive a probability measure, namely risk-subjective measure, for pricing and hedging financial derivatives.
Edit intent: clarity
Original:  In a continuous time framework, we bring together the notion of intrinsic risk and the martingale theory to derive a probability measure, namely risk-subjective measure, for pricing and hedging financial derivatives.
Revised:  In a continuous time framework, we bring together the notion of intrinsic risk and the theory of change of measures to derive a probability measure, namely risk-subjective measure, for pricing and hedging financial derivatives.
Edit intent: meaning-changed
Original:  In a continuous time framework, we bring together the notion of intrinsic risk and the theory of change of measures to derive a probability measure, namely risk-subjective measure, for pricing and hedging financial derivatives. The risk-subjective measure and the measure of intrinsic risk provide an internal consistency in pricing and hedging contingent claims and importantly explains the phenomena .
Revised:  In a continuous time framework, we bring together the notion of intrinsic risk and the theory of change of measures to derive a probability measure, namely risk-subjective measure, for evaluating contingent claims. This paper is a modest attempt to prove that measure of intrinsic risk provide an internal consistency in pricing and hedging contingent claims and importantly explains the phenomena .
Edit intent: clarity
Original:  Since orders impact prices, reconciling the persistence of the order flow with market efficiency is a subtle issue whose possible solution is provided by asymmetric liquidity  which states that the impact of a buy or sell order is inversely related to the probability of its occurrence.
Revised:  Since orders impact prices, reconciling the persistence of the order flow with market efficiency is a subtle issue . A possible solution is provided by asymmetric liquidity which states that the impact of a buy or sell order is inversely related to the probability of its occurrence.
Edit intent: clarity
Original:  Since orders impact prices, reconciling the persistence of the order flow with market efficiency is a subtle issue whose possible solution is provided by asymmetric liquidity  which states that the impact of a buy or sell order is inversely related to the probability of its occurrence.
Revised:  Since orders impact prices, reconciling the persistence of the order flow with market efficiency is a subtle issue whose possible solution is provided by asymmetric liquidity , which states that the impact of a buy or sell order is inversely related to the probability of its occurrence.
Edit intent: fluency
Original:  Here we  investigate whether, and to what extent, looping interactions between elements in the vicinity of an enhancer- promoter pair can influence the frequencyof enhancer-promoter contacts.
Revised:  Here we use a polymer model of chromatin fiber to investigate whether, and to what extent, looping interactions between elements in the vicinity of an enhancer- promoter pair can influence the frequencyof enhancer-promoter contacts.
Edit intent: meaning-changed
Original:  Here we  investigate whether, and to what extent, looping interactions between elements in the vicinity of an enhancer- promoter pair can influence the frequencyof enhancer-promoter contacts. Our polymer simulations show that a chromatin loop  formed by elements flanking either an enhancer or a promoter  suppresses enhancer-promoter interactions, working as a topological insulator.
Revised:  Here we investigate whether, and to what extent, looping interactions between elements in the vicinity of an enhancer- promoter pair can influence their contact frequency. Our equilibrium polymer simulations show that a chromatin loop formed by elements flanking either an enhancer or a promoter suppresses enhancer-promoter interactions, working as a topological insulator.
Edit intent: clarity
Original:  We find that these two consequences of chromatin loops have different genomic extents, with facilitation being a local effect and insulation persisting over a large range of genomic distances. Overall, our results show that looping interactions which do not directly involve an enhancer-promoter contact can nevertheless significantly modulate their interactions.
Revised:  We find that different mechanisms underlie insulation and facilitation; insulation occurs due to steric exclusion by the loop, and is a global effect, while facilitation occurs due to an effective shortening of the enhancer-promoter genomic distance, and is a local effect. Consistently, we find that these effects manifest quite differently for in silico 3C and microscopy. Our results show that looping interactions which do not directly involve an enhancer-promoter contact can nevertheless significantly modulate their interactions.
Edit intent: meaning-changed
Original: We consider a three state agent based herding model of the financial markets.
Revised: We are looking for the agent-based treatment of the financial markets considering necessity to build bridges between microscopic, agent based, and macroscopic, phenomenological modeling. The acknowledgment that agent-based modeling framework, which may provide qualitative and quantitative understanding of the financial markets, is very ambiguous emphasizes the exceptional value of well defined analytically tractable agent systems. Herding as one of the behavior peculiarities considered in the behavioral finance is the main property of the agent interactions we deal with in this contribution. Looking for the consentaneous agent-based and macroscopic approach we combine two origins of the noise: exogenous one, related to the information flow, and endogenous one, arising form the complex stochastic dynamics of agents. As a result we propose a three state agent-based herding model of the financial markets.
Edit intent: meaning-changed
Original: We study a resource utilization scenario characterized by intrinsic attractiveness , in a system of many restaurants where customers compete  to get the best services out of many choices  . Results for the case with uniform attractiveness are reported.
Revised: We study a resource utilization scenario characterized by intrinsic attractiveness . We consider a system of many restaurants where customers compete to get the best services out of many choices . Results for the case with uniform attractiveness are reported.
Edit intent: coherence
Original: We study a resource utilization scenario characterized by intrinsic attractiveness , in a system of many restaurants where customers compete  to get the best services out of many choices  . Results for the case with uniform attractiveness are reported.
Revised: We study a resource utilization scenario characterized by intrinsic attractiveness , in a system of many restaurants where customers compete , as in a game, to get the best services out of many choices . Results for the case with uniform attractiveness are reported.
Edit intent: meaning-changed
Original: We study a resource utilization scenario characterized by intrinsic attractiveness , in a system of many restaurants where customers compete  to get the best services out of many choices  . Results for the case with uniform attractiveness are reported.
Revised: We study a resource utilization scenario characterized by intrinsic attractiveness , in a system of many restaurants where customers compete to get the best services out of many choices using iterative learning . Results for the case with uniform attractiveness are reported.
Edit intent: meaning-changed
Original: We study a resource utilization scenario characterized by intrinsic attractiveness. We consider a system of many restaurants where customers compete, as in a game, to get the best services out of many choices using iterative learning . Results for the case with uniform attractiveness are reported.
Revised: We study a resource utilization scenario characterized by intrinsic fitness. To describe the growth URLanization of different cities, we consider a model for resource utilization where many restaurants compete, as in a game, to get the best services out of many choices using iterative learning . Results for the case with uniform attractiveness are reported.
Edit intent: meaning-changed
Original:  Finally , we show that our solution coincides with the solution to classical mean-variance problem with risk aversion coefficient which is dependent on stochastic factor .
Revised:  Finally , we show that our solution is also optimal for the classical Markowitz problem and every optimal solution for the classical Markowitz problem is optimal also for the monotone mean-variance preferences. These results are interesting because the original Markowitz functional is not monotone, and it was observed that in the case of a static one-period optimization problem the solutions for those two functionals are different. In addition, we determine explicit Markowitz strategies in the square root factor models .
Edit intent: meaning-changed
Original: The paper studies the properties of discrete time stochastic optimal control problems associated with the portfolio selectionproblem and related continuous time portfolio selection problems. We found that Merton's strategy that is optimal for continuous time model can be used effectively for the discrete market model that has sufficiently small time steps and approximate the continuous time model.
Revised: The paper studies the properties of discrete time stochastic optimal control problems associated with portfolio selection. We investigate if optimal continuous time strategies can be used effectively for the discrete market model that has sufficiently small time steps and approximate the continuous time model.
Edit intent: clarity
Original:  We found that Merton's strategy that is optimal for continuous time model can be used effectively for the discrete market model that has sufficiently small time steps and approximate the continuous time model. After natural discretization, the Merton's strategy approximates the performance of the optimal strategy in  discrete time model .
Revised:  We found that Merton's strategy that is optimal for continuous time model can be used effectively for a discrete time market after a straightforward discretization. We found that Merton's strategy approximates the performance of the optimal strategy in discrete time model .
Edit intent: coherence
Original:  Here  we propose a method to assess whether a real economic network is in a quasi-stationary state by checking the consistency of its structural evolution with appropriate quasi-equilibrium maximum-entropy ensembles of graphs.
Revised:  Here , we propose a method to assess whether a real economic network is in a quasi-stationary state by checking the consistency of its structural evolution with appropriate quasi-equilibrium maximum-entropy ensembles of graphs.
Edit intent: fluency
Original:  We employ this method to support recent theoretical and experimental results indicating that the best fitting Hawkes model to describe S&P futures price changes is in fact critical (now and in the recent past) in light of the long memory of financial market activity.
Revised:  We employ our new method to support recent theoretical and experimental results indicating that the best fitting Hawkes model to describe S&P futures price changes is in fact critical (now and in the recent past) in light of the long memory of financial market activity.
Edit intent: meaning-changed
Original:  The systemic risk can be calculated over any future time period, divided on sub-periods, where within each sub-period banks may contiguously fail due to links to either (i) assets or (ii) other banks, controlled by two parameters, probability of internal failure p and threshold T_h ( ``solvency'' parameter).
Revised:  The systemic risk can be calculated over any future time period, divided on sub-periods, where within each sub-period banks may contiguously fail due to links to either (i) assets or (ii) other banks, controlled by two parameters, probability of internal failure p and threshold T_h ( "solvency" parameter).
Edit intent: fluency
Original:  The more inactive banks each bank can endure (smaller T_h), the smaller the systemic risk---for some T_h values in %DIFDELCMD < {\bf %%% I we report a discontinuity in systemic risk.
Revised:  The more inactive banks each bank can sustain (smaller T_h), the smaller the systemic risk---for some T_h values in %DIFDELCMD < {\bf %%% I we report a discontinuity in systemic risk.
Edit intent: clarity
Original:  The more inactive banks each bank can endure (smaller T_h), the smaller the systemic risk---for some T_h values in %DIFDELCMD < {\bf %%% I we report a discontinuity in systemic risk.
Revised:  The more inactive banks each bank can endure (smaller T_h), the smaller the systemic risk---for some T_h values in %DIFDELCMD < {\bf %%% I we report a discontinuity in systemic risk.
Edit intent: fluency
Original:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---with increasing p_2, the systemic risk decreases with both pand T_h . We analyse asset allocation for the U.S. banks.
Revised:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---the systemic risk decreases with both pand T_h . We analyse asset allocation for the U.S. banks.
Edit intent: clarity
Original:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---with increasing p_2, the systemic risk decreases with both pand T_h . We analyse asset allocation for the U.S. banks.
Revised:  When contiguous spreading becomes stochastic (ii) controlled by probability p_2---a condition for the bank to be solvent (active) is stochastic---with increasing p_2, the systemic risk decreases with decreasing p_2 . We analyse asset allocation for the U.S. banks.
Edit intent: clarity
Original: As the total number of molecules in a system decreases, transitions in the qualitative behavior of autocatalytic chemical reaction dynamics may appear. By adapting a method based on  the discrete-time Markov process , we provide here a general analytic tool for the reaction dynamics of systems with a small number of molecules.
Revised: As the total number of molecules in a system decreases, transitions in the qualitative behavior of autocatalytic chemical reaction dynamics with a decrease in molecule number have attracted much attention. Here, a method based on the discrete-time Markov process , we provide here a general analytic tool for the reaction dynamics of systems with a small number of molecules.
Edit intent: meaning-changed
Original:  By adapting a method based on  the discrete-time Markov process , we provide here a general analytic tool for the reaction dynamics of systems with a small number of molecules.
Revised:  By adapting a method based on a Markov process with a tridiagonal transition matrix is applied to the analysis of this transition in reaction dynamics. The transition to bistability due to the discrete-time Markov process , we provide here a general analytic tool for the reaction dynamics of systems with a small number of molecules.
Edit intent: meaning-changed
Original:  By adapting a method based on  the discrete-time Markov process , we provide here a general analytic tool for the reaction dynamics of systems with a small number of molecules. Bistability induced by the small-number effect in a two-component model is analyzed and excellent agreement with the simulated mean switching time is demonstrated.
Revised:  By adapting a method based on the small-number effect in a two-component model is analyzed and excellent agreement with the simulated mean switching time is demonstrated.
Edit intent: clarity
Original:  Bistability induced by the small-number effect in a two-component model is analyzed and excellent agreement with the simulated mean switching time is demonstrated. A novel transition involving the reversal of the chemical reaction flow is also found in a three-component model and quantified analytically using the proposed method .
Revised:  Bistability induced by the small-number effect in a two-component model is analyzed and excellent agreement with the simulated mean switching time between the bistable states are analytically calculated in agreement with numerical simulations. In addition, a novel transition involving the reversal of the chemical reaction flow is also found in a three-component model and quantified analytically using the proposed method .
Edit intent: meaning-changed
Original:  We show that solving a portfolio choice problem under RDUT reduces to solving a classical Merton's portfolio choice problem under expected utility theory with the same utility function but a different pricing kernel explicitly determined by the given pricing kernel and probability weighting function.
Revised:  We show that this problem is equivalent to a classical Merton's portfolio choice problem under expected utility theory with the same utility function but a different pricing kernel explicitly determined by the given pricing kernel and probability weighting function.
Edit intent: clarity
Original: AQPs (aquaporins), the rapid water channels of cells, play a key role in maintaining osmotic equilibrium of cells. In this paper, we reported the dynamic mechanism of AQP osmosis at the molecular level. A theoretical model based on molecular dynamics was carried out and verified by the published experimental data. The reflection coefficients ( \sigma%DIFDELCMD < }%%% ) of neutral molecules are mainly decided by their relative size with AQPs, and increase with a third power up to a constant value 1.
Revised:  \sigma%DIFDELCMD < }%%% ) of neutral molecules are mainly decided by their relative size with AQPs, and increase with a third power up to a constant value 1.
Edit intent: coherence
Original:  The reflection coefficients ( \sigma%DIFDELCMD < }%%% ) of neutral molecules are mainly decided by their relative size with AQPs, and increase with a third power up to a constant value 1.
Revised:  The reflection coefficients ( %DIFDELCMD < }%%% ) of neutral molecules are mainly decided by their relative size with AQPs, and increase with a third power up to a constant value 1.
Edit intent: clarity
Original:  The reflection coefficients ( \sigma%DIFDELCMD < }%%% ) of neutral molecules are mainly decided by their relative size with AQPs, and increase with a third power up to a constant value 1. This model also indicated that the reflection coefficient of a complete impermeable solute can be smaller than 1.
Revised:  The reflection coefficients ( \sigma%DIFDELCMD < }%%% This work presents a modified Kedem-Katchalsky equations for osmosis through nano-pore. osmotic reflection coefficient of a complete impermeable solute can be smaller than 1.
Edit intent: meaning-changed
Original:  This model also indicated that the reflection coefficient of a complete impermeable solute can be smaller than 1. The H+ concentration of solution can influence the driving force of the AQPs by changing the equivalent diameters of vestibules surrounded by loops with abundant polar amino acids. In this way, pH of solution can regulate water permeability of AQPs. Therefore, an AQP may not only work as a switch to open or close, but as a rapid response molecular valve to control its water flow. The vestibules can prevent the channel blockage of AQPs by a primary screening before their constriction region. This model also provides a prediction tool to the structure of AQPs by the \sigma%DIFDELCMD < }%%% s of special solutes.
Revised:  This model also indicated that the reflection coefficient of a \sigma%DIFDELCMD < }%%% s of special solutes.
Edit intent: coherence
Original:  This model also provides a prediction tool to the structure of AQPs by the \sigma%DIFDELCMD < }%%% s of special solutes. The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Revised:  This model also provides a prediction tool to the structure of AQPs by the \sigma%DIFDELCMD < }%%% \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Edit intent: clarity
Original:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Revised:  The puzzling variance between %DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Edit intent: fluency
Original:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Revised:  The puzzling variance between \sigma%DIFDELCMD < } %%% \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Edit intent: coherence
Original:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Revised:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and %DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Edit intent: fluency
Original:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% to oocytes-expressing AQP1 was also explained .
Revised:  The puzzling variance between \sigma%DIFDELCMD < } %%% to erythrocytes AQP1 and \sigma%DIFDELCMD < } %%% solute was found to be chiefly affected by the entrance of the pore while filtration reflection coefficient can be affected by both the entrance and the internal structure of the pore. Using an analytical method, we get the quantitative relationship between osmotic reflection coefficient and the molecule size. The model is verified by comparing the theoretical results with the reported experimental data of aquaporin osmosis. Our work is expected to pave the way for a better understanding of osmosis in bio-system and to give us new ideas in designing new membranes with better performance .
Edit intent: meaning-changed
Original:  The alternative strategies in monthly and weekly scales outperform the portfolios constructed by cumulative return regardless of marketuniverse. In monthly periods, the ranking rules associated with the maximum drawdown dominate other momentum strategies.
Revised:  Monthly momentum- and weekly contrarian-style portfolios ranked by the alternative selection criteria are implemented in various asset classes. Regardless of market, the alternative ranking rules are superior in forecasting asset prices and capturing cross-sectional return differentials. In a monthly period, alternative portfolios constructed by maximum drawdown measures dominate other momentum strategies.
Edit intent: clarity
Original:  The recovery related selection rules are the best ranking criteria for the weekly contrarian portfolio construction. The alternative portfolios are less riskier in many reward-risk measures such as Sharpe ratio, VaR, CVaR , and maximum drawdown.
Revised:  The recovery related selection rules are the best ranking measures for predicting mean-reversion in a weekly scale. Prediction on future directions becomes more consistent, because the alternative portfolios are less riskier in many reward-risk measures such as Sharpe ratio, VaR, CVaR , and maximum drawdown.
Edit intent: meaning-changed