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Weiluo Ren

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2 published item(s)

preprint2026arXiv

Agentic Discovery of Exchange-Correlation Density Functionals

The development of accurate exchange-correlation (XC) functionals remains a longstanding challenge in density functional theory (DFT). The vast majority of XC functionals have been hand designed by human researchers combining physical insight, exact constraints, and empirical fitting. Recent advances in large language models enable a systematic, automated alternative to this human-driven design loop. This report presents an agentic search system in which an LLM proposes structured functional-form changes guided by evolutionary history. The system attempts to improve functional performance through an iterative plan-execute-summarize loop, where improvements are measurable by optimizing functional parameters against a standard thermochemistry dataset, then evaluating performance on a held-out subset. The strongest discovered functional, SAFS26-a (Seed Agentic Functional Search 2026), improves upon the gold-standard ωB97M-V baseline by ~9%. These results also surface a cautionary lesson for AI-assisted science: models powerful enough to discover genuine improvements are equally capable of exploiting unphysical shortcuts to game the benchmark; domain expertise translated into explicitly enforced constraints remains essential to keeping results scientifically grounded.

preprint2016arXiv

Limit order trading with a mean reverting reference price

Optimal control models for limit order trading often assume that the underlying asset price is a Brownian motion since they deal with relatively short time scales. The resulting optimal bid and ask limit order prices tend to track the underlying price as one might expect. This is indeed the case with the model of Avellaneda and Stoikov (2008), which has been studied extensively. We consider here this model under the condition when the underlying price is mean reverting. Our main result is that when time is far from the terminal, the optimal price for bid and ask limit orders is constant, which means that it does not track the underlying price. Numerical simulations confirm this behavior. When the underlying price is mean reverting, then for times sufficiently far from terminal, it is more advantageous to focus on the mean price and ignore fluctuations around it. Mean reversion suggests that limit orders will be executed with some regularity, and this is why they are optimal. We also explore intermediate time regimes where limit order prices are influenced by the inventory of outstanding orders. The duration of this intermediate regime depends on the liquidity of the market as measured by specific parameters in the model.