Denoising diffusion probabilistic models (DDPMs) have emerged as powerful generative models for complex distributions, yet their use in arbitrage-free derivative pricing remains largely unexplored. Financial asset prices are naturally modeled by stochastic differential equations (SDEs), whose forward and reverse density evolution closely parallels the forward noising and reverse denoising structure of diffusion models. In this paper, we develop a framework for using DDPMs to generate risk-neutral asset price dynamics for derivative valuation. Starting from log-return dynamics under the physical measure, we analyze the associated forward diffusion and derive the reverse-time SDE. We show that the change of measure from the physical to the risk-neutral measure induces an additive shift in the score function, which translates into a closed-form risk-neutral epsilon shift in the DDPM reverse dynamics. This correction enforces the risk-neutral drift while preserving the learned variance and higher-order structure, yielding an explicit bridge between diffusion-based generative modeling and classical risk-neutral SDE-based pricing. We show that the resulting discounted price paths satisfy the martingale condition under the risk-neutral measure. Empirically, the method reproduces the risk-neutral terminal distribution and accurately prices both European and path-dependent derivatives, including arithmetic Asian options, under a GBM benchmark. These results demonstrate that diffusion-based generative models provide a flexible and principled approach to simulation-based derivative pricing.

Causal discovery combines data with knowledge provided by experts to learn the DAG representing the causal relationships between a given set of variables. When data are scarce, bagging is used to measure our confidence in an average DAG obtained by aggregating bootstrapped DAGs. However, the aggregation step has received little attention from the specialized literature: the average DAG is constructed using only the confidence in the individual edges of the bootstrapped DAGs, thus disregarding complex higher-order edge structures. In this paper, we introduce a novel theoretical framework based on higher-order structures and describe a new DAG aggregation algorithm. We perform a simulation study, discussing the advantages and limitations of the proposed approach. Our proposal is both computationally efficient and effective, outperforming state-of-the-art solutions, especially in low sample size regimes and under high dimensionality settings.

When are multi-agent LLM systems merely a collection of individual agents versus an integrated collective with higher-order structure? We introduce an information-theoretic framework to test -- in a purely data-driven way -- whether multi-agent systems show signs of higher-order structure. This information decomposition lets us measure whether dynamical emergence is present in multi-agent LLM systems, localize it, and distinguish spurious temporal coupling from performance-relevant cross-agent synergy. We implement both a practical criterion and an emergence capacity criterion operationalized as partial information decomposition of time-delayed mutual information (TDMI). We apply our framework to experiments using a simple guessing game without direct agent communication and only minimal group-level feedback with three randomized interventions. Groups in the control condition exhibit strong temporal synergy but only little coordinated alignment across agents. Assigning a persona to each agent introduces stable identity-linked differentiation. Combining personas with an instruction to ``think about what other agents might do'' shows identity-linked differentiation and goal-directed complementarity across agents. Taken together, our framework establishes that multi-agent LLM systems can be steered with prompt design from mere aggregates to higher-order collectives. Our results are robust across emergence measures and entropy estimators, and not explained by coordination-free baselines or temporal dynamics alone. Without attributing human-like cognition to the agents, the patterns of interaction we observe mirror well-established principles of collective intelligence in human groups: effective performance requires both alignment on shared objectives and complementary contributions across members.

Temporal Graph Neural Networks (TGNNs) have gained growing attention for modeling and predicting structures in temporal graphs. However, existing TGNNs primarily focus on pairwise interactions while overlooking higher-order structures that are integral to link formation and evolution in real-world temporal graphs. Meanwhile, these models often suffer from efficiency bottlenecks, further limiting their expressive power. To tackle these challenges, we propose a Higher-order structure Temporal Graph Neural Network, which incorporates hypergraph representations into temporal graph learning. In particular, we develop an algorithm to identify the underlying higher-order structures, enhancing the model's ability to capture the group interactions. Furthermore, by aggregating multiple edge features into hyperedge representations, HTGN effectively reduces memory cost during training. We theoretically demonstrate the enhanced expressiveness of our approach and validate its effectiveness and efficiency through extensive experiments on various real-world temporal graphs. Experimental results show that HTGN achieves superior performance on dynamic link prediction while reducing memory costs by up to 50\% compared to existing methods.

Active area of research in AI is the theory of manifold learning and finding lower-dimensional manifold representation on how we can learn geometry from data for providing better quality curated datasets. There are however various issues with these methods related to finding low-dimensional representation of the data, the so-called curse of dimensionality. Geometric deep learning methods for data learning often include set of assumptions on the geometry of the feature space. Some of these assumptions include pre-selected metrics on the feature space, usage of the underlying graph structure, which encodes the data points proximity. However, the later assumption of using a graph as the underlying discrete structure, encodes only the binary pairwise relations between data points, restricting ourselves from capturing more complex higher-order relationships, which are often often present in various systems. These assumptions together with data being discrete and finite can cause some generalisations, which are likely to create wrong interpretations of the data and models outputs. Hence overall this can cause wrong outputs of the embedding models themselves, while these models being quite and trained on large corpora of data, such as BERT, Yi and other similar models.The objective of our research is twofold, first, it is to develop the alternative framework to characterize the embedding methods dissecting their possible inconsistencies using combinatorial approach of higher-order structures which encode the embedded data. Second objective is to explore the assumption of the underlying structure of embeddings to be graphs, substituting it with the hypergraph and using the hypergraph theory to analyze this structure. We also demonstrate the embedding characterization on the usecase of the arXiv data.

Anomaly detection (such as telecom fraud detection and medical image detection) has attracted the increasing attention of people. The complex interaction between multiple entities widely exists in the network, which can reflect specific human behavior patterns. Such patterns can be modeled by higher-order network structures, thus benefiting anomaly detection on attributed networks. However, due to the lack of an effective mechanism in most existing graph learning methods, these complex interaction patterns fail to be applied in detecting anomalies, hindering the progress of anomaly detection to some extent. In order to address the aforementioned issue, we present a higher-order structure based anomaly detection (GUIDE) method. We exploit attribute autoencoder and structure autoencoder to reconstruct node attributes and higher-order structures, respectively. Moreover, we design a graph attention layer to evaluate the significance of neighbors to nodes through their higher-order structure differences. Finally, we leverage node attribute and higher-order structure reconstruction errors to find anomalies. Extensive experiments on five real-world datasets (i.e., ACM, Citation, Cora, DBLP, and Pubmed) are implemented to verify the effectiveness of GUIDE. Experimental results in terms of ROC-AUC, PR-AUC, and Recall@K show that GUIDE significantly outperforms the state-of-art methods.

Recent advancements in graph learning contributed to explaining predictions generated by Graph Neural Networks. However, existing methodologies often fall short when applied to real-world datasets. We introduce HOGE, a framework to capture higher-order structures using cell complexes, which excel at modeling higher-order relationships. In the real world, higher-order structures are ubiquitous like in molecules or social networks, thus our work significantly enhances the practical applicability of graph explanations. HOGE produces clearer and more accurate explanations compared to prior methods. Our method can be integrated with all existing graph explainers, ensuring seamless integration into current frameworks. We evaluate on GraphXAI benchmark datasets, HOGE achieves improved or comparable performance with minimal computational overhead. Ablation studies show that the performance gain observed can be attributed to the higher-order structures that come from introducing cell complexes.

Current graph clustering methods emphasize individual node and edge con nections, while ignoring higher-order organization at the level of motif. Re cently, higher-order graph clustering approaches have been designed by motif based hypergraphs. However, these approaches often suffer from hypergraph fragmentation issue seriously, which degrades the clustering performance greatly. Moreover, real-world graphs usually contain diverse motifs, with nodes participating in multiple motifs. A key challenge is how to achieve precise clustering results by integrating information from multiple motifs at the node level. In this paper, we propose a multi-order graph clustering model (MOGC) to integrate multiple higher-order structures and edge connections at node level. MOGC employs an adaptive weight learning mechanism to au tomatically adjust the contributions of different motifs for each node. This not only tackles hypergraph fragmentation issue but enhances clustering accuracy. MOGC is efficiently solved by an alternating minimization algo rithm. Experiments on seven real-world datasets illustrate the effectiveness of MOGC.

Recently emerged Topological Deep Learning (TDL) methods aim to extend current Graph Neural Networks (GNN) by naturally processing higher-order interactions, going beyond the pairwise relations and local neighborhoods defined by graph representations. In this paper we propose a novel TDL-based method for compressing signals over graphs, consisting in two main steps: first, disjoint sets of higher-order structures are inferred based on the original signal --by clustering $N$ datapoints into $K\ll N$ collections; then, a topological-inspired message passing gets a compressed representation of the signal within those multi-element sets. Our results show that our framework improves both standard GNN and feed-forward architectures in compressing temporal link-based signals from two real-word Internet Service Provider Networks' datasets --from $30\%$ up to $90\%$ better reconstruction errors across all evaluation scenarios--, suggesting that it better captures and exploits spatial and temporal correlations over the whole graph-based network structure.

We analyze the performance of graph neural network (GNN) architectures from the perspective of random graph theory. Our approach promises to complement existing lenses on GNN analysis, such as combinatorial expressive power and worst-case adversarial analysis, by connecting the performance of GNNs to typical-case properties of the training data. First, we theoretically characterize the nodewise accuracy of one- and two-layer GCNs relative to the contextual stochastic block model (cSBM) and related models. We additionally prove that GCNs cannot beat linear models under certain circumstances. Second, we numerically map the recoverability thresholds, in terms of accuracy, of four diverse GNN architectures (GCN, GAT, SAGE, and Graph Transformer) under a variety of assumptions about the data. Sample results of this second analysis include: heavy-tailed degree distributions enhance GNN performance, GNNs can work well on strongly heterophilous graphs, and SAGE and Graph Transformer can perform well on arbitrarily noisy edge data, but no architecture handled sufficiently noisy feature data well. Finally, we show how both specific higher-order structures in synthetic data and the mix of empirical structures in real data have dramatic effects (usually negative) on GNN performance.