Researcher profile

Wen Cao

Wen Cao contributes to research discovery and scholarly infrastructure.

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Published work

2 published item(s)

preprint2026arXiv

Learning Sparse BRDF Measurement Samples from Image

Accurate BRDF acquisition is important for realistic rendering, but dense gonioreflectometer measurements are slow and expensive. We study how to select a small number of BRDF measurements that are most useful for reconstructing material appearance under a learned reflectance prior. Our method combines a set encoder for sparse coordinate-value observations, a pretrained hypernetwork-based BRDF reconstructor, and a differentiable renderer. During sampler training, the reconstructor is kept fixed and gradients from BRDF-space and rendered-image losses are used to optimize measurement locations. This separates sample selection from prior fitting and encourages the sampler to choose directions that are informative under the learned material distribution. Experiments on the MERL dataset show that the proposed sampler improves low-budget reconstruction quality at 8 and 16 measurements compared with neural reconstruction baselines, while PCA-based methods remain strong at larger budgets. We further analyze the effect of image-space supervision, co-optimization, and image-only latent fitting for unseen materials.

preprint2022arXiv

Strategic Asset Allocation with Illiquid Alternatives

We address the problem of strategic asset allocation (SAA) with portfolios that include illiquid alternative asset classes. The main challenge in portfolio construction with illiquid asset classes is that we do not have direct control over our positions, as we do in liquid asset classes. Instead we can only make commitments; the position builds up over time as capital calls come in, and reduces over time as distributions occur, neither of which the investor has direct control over. The effect on positions of our commitments is subject to a delay, typically of a few years, and is also unknown or stochastic. A further challenge is the requirement that we can meet the capital calls, with very high probability, with our liquid assets. We formulate the illiquid dynamics as a random linear system, and propose a convex optimization based model predictive control (MPC) policy for allocating liquid assets and making new illiquid commitments in each period. Despite the challenges of time delay and uncertainty, we show that this policy attains performance surprisingly close to a fictional setting where we pretend the illiquid asset classes are completely liquid, and we can arbitrarily and immediately adjust our positions. In this paper we focus on the growth problem, with no external liabilities or income, but the method is readily extended to handle this case.