Research
Working papers, grouped by project. Each ships with the code and data behind it.
Pricing and risk for AI compute as a traded asset.
Pricing compute-capacity contracts
A no-arbitrage framework for valuing compute-capacity contracts — the single-issuer pricing engine, and its portfolio extension with cross-issuer clustering and a good-deal bound.
Full publication record — Google Scholar →
Blog
Occasional writing on method — how first-principles thinking and spectral decomposition apply to markets and complex systems.
Pricing the compute economy
Why a book of AI-compute contracts carries a risk that neither diversification nor a commodity hedge removes — and how to bound it.
About
Kspectra Research Inc. is an independent studio building first-principles models for markets and complex systems — resolving opaque systems into the parts that move them, the way a spectrum resolves light into its lines.
Founded by Shaosai (Arthur) Huang in Toronto.
© 2026 Kspectra Research Inc. · Toronto