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This paper constructs a counterexample showing that not every locally $L^0$--convex topology is necessarily induced by a family of $L^0$--seminorms. Random convex analysis is the analytic foundation for $L^0$--convex conditional risk…

Functional Analysis · Mathematics 2015-05-15 Mingzhi Wu , Tiexin Guo

This work is devoted to a vast extension of Sanov's theorem, in Laplace principle form, based on alternatives to the classical convex dual pair of relative entropy and cumulant generating functional. The abstract results give rise to a…

Probability · Mathematics 2019-12-12 Daniel Lacker

In this paper the notion of modular cone metric space is introduced and some properties of such spaces are investigated. Also we define convex modular cone metric which takes values in CR(Y) where Y is a compact Hausdorff space. Then a…

Functional Analysis · Mathematics 2013-10-15 Saeedeh Shamsi Gamchi , Mohammad Janfada , Asadollah Niknam

Risk measures connect probability theory or statistics to optimization, particularly to convex optimization. They are nowadays standard in applications of finance and in insurance involving risk aversion. This paper investigates a wide…

Risk Management · Quantitative Finance 2020-03-26 Paul Dommel , Alois Pichler

A general theory of resource-bounded measurability and measure is developed. Starting from any feasible probability measure $\nu$ on the Cantor space $\C$ and any suitable complexity class $C \subseteq \C$, the theory identifies the subsets…

Computational Complexity · Computer Science 2012-02-01 Jack Lutz

This paper introduces and fully characterizes the novel class of quasi-logconvex measures of risk, to stand on equal footing with the rich class of quasi-convex measures of risk. Quasi-logconvex risk measures naturally generalize logconvex…

Risk Management · Quantitative Finance 2022-08-17 Roger J. A. Laeven , Emanuela Rosazza Gianin

In this paper the theory of uniformly convex metric spaces is developed. These spaces exhibit a generalized convexity of the metric from a fixed point. Using a (nearly) uniform convexity property a simple proof of reflexivity is presented…

Metric Geometry · Mathematics 2016-04-08 Martin Kell

We study the multifractal analysis of self-similar measures arising from random homogeneous iterated function systems. Under the assumption of the uniform strong separation condition, we see that this analysis parallels that of the…

Dynamical Systems · Mathematics 2019-12-23 Kathryn E. Hare , Kevin G. Hare , Sascha Troscheit

In this paper, we study convex risk measures with weak optimal transport penalties. In a first step, we show that these risk measures allow for an explicit representation via a nonlinear transform of the loss function. In a second step, we…

Mathematical Finance · Quantitative Finance 2023-12-12 Michael Kupper , Max Nendel , Alessandro Sgarabottolo

In 2010, Gordan \v{Z}itkovi\'{c} introduced the notion of convex compactness for a convex subset of a linear topological space and gave some important applications to both nonlinear analysis and mathematical economics in [ Gordan…

Functional Analysis · Mathematics 2019-08-13 Tiexin Guo , Erxin Zhang , Yachao Wang , Mingzhi Wu

Recently, literature on dynamic coherent risk measures has broadened the choices for risk-sensitive performance evaluation. A running example includes Cumulative prospect theory and Conditional variance at risk. Most of them can be can be…

Optimization and Control · Mathematics 2020-12-14 Weixin Wang

The purpose of this new survey paper is, among other things, to collect in one place most of the articles on cone (abstract, K-metric) spaces, published after 2007. This list can be useful to young researchers trying to work in this part of…

Functional Analysis · Mathematics 2018-05-15 Suzana Aleksic , Zoran Kadelburg , Zoran D. Mitrovic , Stojan Radenovic

This article presents a general approximation-theoretic framework to analyze measure transport algorithms for probabilistic modeling. A primary motivating application for such algorithms is sampling -- a central task in statistical…

Numerical Analysis · Mathematics 2024-09-19 Ricardo Baptista , Bamdad Hosseini , Nikola B. Kovachki , Youssef M. Marzouk , Amir Sagiv

Probability metrics constitute an important tool in probability theory and statistics \cite{DKS91}, \cite{R91}, \cite{Z83} as they are specific metrics on spaces of random variables which, by satisfying an extra condition, concord well with…

Probability · Mathematics 2015-11-19 Ben Berckmoes , Bob Lowen

The family of admissible positions in a transaction costs model is a random closed set, which is convex in case of proportional transaction costs. However, the convexity fails, e.g. in case of fixed transaction costs or when only a finite…

Risk Management · Quantitative Finance 2021-01-15 Andreas Haier , Ilya Molchanov

This manuscript collects three independent works: arXiv:1902.03805, arXiv:1906.04444, with Antonio Lerario and arXiv:2103.10853, together with some additional results, observations, examples and comments, some of which were taken up in the…

Differential Geometry · Mathematics 2021-11-04 Michele Stecconi

The aim of this paper is to present some properties of Choquet maximal Radon probability measures on compact, convex subsets of Hausdorff, locally convex, topological real vector spaces. Theorem 3.12 is the main result of the paper. While…

Functional Analysis · Mathematics 2013-03-25 Silviu Teleman

Robust Bayesian analysis has been mainly devoted to detecting and measuring robustness w.r.t. the prior distribution. Many contributions in the literature aim to define suitable classes of priors which allow the computation of variations of…

Statistics Theory · Mathematics 2025-09-04 Antonio Di Noia , Fabrizio Ruggeri , Antonietta Mira

Marginal models involve restrictions on the conditional and marginal association structure of a set of categorical variables. They generalize log-linear models for contingency tables, which are the fundamental tools for modelling the…

Methodology · Statistics 2023-04-10 Tamas Rudas , Wicher Bergsma

Methods for measuring convexity defects of compacts in R^n abound. However, none of the those measures seems to take into account continuity. Continuity in convexity measure is essential for optimization, stability analysis, global…

Geometric Topology · Mathematics 2024-12-24 Abel Douzal , Ferdinand Jacobé de Naurois