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This paper introduces a martingale that characterizes two properties of evolving forecast distributions. Ideal forecasts of a future event behave as martingales, sequen- tially updating the forecast to leverage the available information as…

Machine Learning · Computer Science 2021-05-17 Dean P. Foster , Robert A. Stine

In this paper, by using the representation theorem for sublinear expectations, we give a simple proof to obtain two inequalities about the sample mean for independent random vectors under sublinear expectations.

Probability · Mathematics 2024-10-16 Xiaojuan Li , Mingshang Hu

In this paper we extend the notion of ``filtration-consistent nonlinear expectation" (or "${\cal F}$-consistent nonlinear expectation") to the case when it is allowed to be dominated by a $g$-expectation that may have a quadratic growth. We…

Probability · Mathematics 2007-05-23 Ying Hu , Jin Ma , Shige Peng , Song Yao

To estimate the conditional probability functions based on the direct problem setting, V-matrix based method was proposed. We construct V-matrix based constrained quadratic programming problems for which the inequality constraints are…

Machine Learning · Statistics 2018-09-07 Niharika Gauraha , Akshay Chaturvedi

We introduce a generalization of representations of quivers that contains also representations of posets, vectorspace problems and other matrix problems. Many examples, some of which are given in the paper, show that the language of marked…

Representation Theory · Mathematics 2007-05-23 A. V. Roiter

In this paper, we prove the existence and uniqueness of the conditional expectation of an event $A$ given a $\sigma$-algebra $\mathcal{G}$ as a linear problem in the Lebesgue spaces $L^{p}$ associated with a probability space through the…

This paper studies the latent index representation of the conditional LATE model, making explicit the role of covariates in treatment selection. We find that if the directions of the monotonicity condition are the same across all values of…

Econometrics · Economics 2022-07-19 Yu-Chang Chen , Haitian Xie

In this paper we explain that the natural filtration of a continuous Hunt process is continuous, and show that martingales over such a filtration are continuous. We further establish a martingale representation theorem for a class of…

Probability · Mathematics 2009-10-27 Zhongmin Qian , ; Jiangang Ying

We consider the numerical approximation of variational problems with orthotropic growth, that is those where the integrand depends strongly on the coordinate directions with possibly different growth in each direction. Under realistic…

Numerical Analysis · Mathematics 2023-12-27 Anna Kh. Balci , Lars Diening , Abner J. Salgado

We use the abstract method of (local) martingale problems in order to give criteria for convergence of stochastic processes. Extending previous notions, the formulation we use is neither restricted to Markov processes (or semimartingales),…

Probability · Mathematics 2021-08-27 David Criens , Peter Pfaffelhuber , Thorsten Schmidt

This paper studies the partial estimation of Gaussian graphical models from high-dimensional empirical observations. We derive a convex formulation for this problem using $\ell_1$-regularized maximum-likelihood estimation, which can be…

Machine Learning · Computer Science 2012-10-01 Xiao-Tong Yuan , Tong Zhang

We propose new concentration inequalities for self-normalized martingales. The main idea is to introduce a suitable weighted sum of the predictable quadratic variation and the total quadratic variation of the martingale. It offers much more…

Probability · Mathematics 2019-06-17 Bernard Bercu , Taieb Touati

We study martingale inequalities from an analytic point of view and show that a general martingale inequality can be reduced to a pair of deterministic inequalities in a small number of variables. More precisely, the optimal bound in the…

Probability · Mathematics 2014-10-21 Mathias Beiglböck , Marcel Nutz

In this paper we study a family of nonlinear (conditional) expectations that can be understood as a continuous semimartingale with uncertain local characteristics. Here, the differential characteristics are prescribed by a set-valued…

Probability · Mathematics 2023-08-04 David Criens , Lars Niemann

We investigate a possible definition of expectation and conditional expectation for random variables with values in a local field such as the $p$-adic numbers. We define the expectation by analogy with the observation that for real-valued…

Probability · Mathematics 2007-05-23 Steven N. Evans , Tye Lidman

We consider the mean-variance hedging problem under partial information in the case where the flow of observable events does not contain the full information on the underlying asset price process. We introduce a martingale equation of a new…

Pricing of Securities · Quantitative Finance 2008-12-02 M. Mania , R. Tevzadze , T. Toronjadze

This work is concerned with existence and uniqueness of solutions to the reflection problem for linear parabolic equation with multiplicative Gaussian noise.

Classical Analysis and ODEs · Mathematics 2011-04-26 Viorel Barbu

In this article, a sublinear expectation induced by $G$-expectation is introduced, which is called $G$-evaluation for convenience. As an application, we prove that any $\xi\in L^\beta_G(\Omega_T)$ with some $\beta>1$ the decomposition…

Probability · Mathematics 2015-05-18 Yongsheng Song

We study representations of a random variable $\xi$ as an integral of an adapted process with respect to the Lebesgue measure. The existence of such representations in two different regularity classes is characterized in terms of the…

Probability · Mathematics 2023-08-08 Sara Biagini , Gordan Zitkovic

We discuss the problem of finding optimal exponents in Diophantine estimates involving one real number and, in some cases where such an exponent is known, present some properties of the corresponding extremal numbers.

Number Theory · Mathematics 2007-05-23 Damien Roy