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In an incomplete Brownian-motion market setting, we propose a convex monotonic pricing functional for nonattainable bounded contingent claims which is compatible with prices for attainable claims. The pricing functional is defined as the…

Pricing of Securities · Quantitative Finance 2008-12-18 Johannes Leitner

We prove some properties of completely monotonic functions and apply them to obtain results on gamma and $q$-gamma functions.

Classical Analysis and ODEs · Mathematics 2011-11-10 Peng Gao

We show that F_a(x)=\frac{\ln \Gamma (x+1)}{x\ln(ax)} is a Pick function for a\ge 1 and find its integral representation. We also consider the function f(x)=(\frac{\pi^{x/2}}{\Gamma(1+x/2)})^{1/(x\ln x)} and show that \ln f(x+1) is a…

Classical Analysis and ODEs · Mathematics 2009-12-14 Christian Berg , Henrik L. Pedersen

The probabilistic satisfiability of a logical expression is a fundamental concept known as the partition function in statistical physics and field theory, an evaluation of a related graph's Tutte polynomial in mathematics, and the…

Discrete Mathematics · Computer Science 2022-06-09 Stephen Eubank , Madhurima Nath , Yihui Ren , Abhijin Adiga

We solve two continuous extremal problems on the classes of monotone functions: in the first problem we find extremal values for a line integral of a coordinate-wise monotone function of two variables from a rearrange\-ment-invariant class…

Functional Analysis · Mathematics 2026-03-03 Oleg Kovalenko

In the preprint of 1993 the author formulated some conjectures on monotonicity of ratios for exponential series remainders. They are equivalent to conjectures on monotonicity of a ratio of Kummer hypergeometric functions and presumably not…

Classical Analysis and ODEs · Mathematics 2015-01-13 S. M. Sitnik

We consider the following question: if a function of the form $\int_0^{\infty}\varphi(t)\, e^{-xt}dt$ is completely monotonic, is it then $\varphi\ge0$? It turns out that the question is related to a moment problem. In the end we apply…

Classical Analysis and ODEs · Mathematics 2021-12-21 Vladimir Jovanović , Milanka Treml

Building on the recent work of Johnson (2007) and Yu (2008), we prove that entropy is a concave function with respect to the thinning operation T_a. That is, if X and Y are independent random variables on Z_+ with ultra-log-concave…

Information Theory · Computer Science 2009-09-24 Yaming Yu , Oliver Johnson

We show that absolutely minimizing functions relative to a convex Hamiltonian $H:\mathbb{R}^n \to \mathbb{R}$ are uniquely determined by their boundary values under minimal assumptions on $H.$ Along the way, we extend the known equivalences…

Analysis of PDEs · Mathematics 2015-05-18 Scott N. Armstrong , Michael G. Crandall , Vesa Julin , Charles K. Smart

The HRT conjecture states that any finite collection of time-frequency shifts of a non-zero square-integrable function on the real line is linearly independent. In this paper, we establish the linear independence of finite systems of…

Complex Variables · Mathematics 2024-04-30 Mostafa Maslouhi , Kasso A. Okoudjou

A key fact in the theory of Boolean functions $f : \{0,1\}^n \to \{0,1\}$ is that they often undergo sharp thresholds. For example: if the function $f : \{0,1\}^n \to \{0,1\}$ is monotone and symmetric under a transitive action with…

Combinatorics · Mathematics 2010-11-17 Gil Kalai , Elchanan Mossel

The cost functions considered are $c(x,y)=h(x-y)$, where $h\in C^2(\mathbb{R}^n)$, homogeneous of degree $p\geq 2$, with a positive definite Hessian in the unit sphere. We study multivalued monotone maps with respect to that cost and…

Analysis of PDEs · Mathematics 2024-06-04 Cristian E. Gutierrez , Annamaria Montanari

The feasibility of extrapolation of completely monotone functions can be quantified by examining the worst case scenario, whereby a pair of completely monotone functions agree on a given interval to a given relative precision, but differ as…

Complex Variables · Mathematics 2024-02-02 Henry J. Brown , Yury Grabovsky

In the paper, by convolution theorem of the Laplace transforms, a monotonicity rule for the ratio of two Laplace transforms, Bernstein's theorem for completely monotonic functions, and other analytic techniques, the authors verify…

General Mathematics · Mathematics 2024-06-17 Hong-Ping Yin , Ling-Xiong Han , Feng Qi

A real valued function $f$ defined on a convex $K$ is anemconvex function iff it satisfies $$ f((x+y)/2) \le (f(x)+f(y))/2 + 1. $$ A thorough study of approximately convex functions is made. The principal results are a sharp universal upper…

Metric Geometry · Mathematics 2007-05-23 S. J. Dilworth , Ralph Howard , James W. Roberts

We systematically derive general properties of continuous and holomorphic functions with values in closed operators, allowing in particular for operators with empty resolvent set. We provide criteria for a given operator-valued function to…

Functional Analysis · Mathematics 2015-06-17 Jan Dereziński , Michał Wrochna

The aim of this paper is to develop analytic techniques to deal with certain monotonicity of combinatorial sequences. (1) A criterion for the monotonicity of the function $\sqrt[x]{f(x)}$ is given, which is a continuous analog for one…

Combinatorics · Mathematics 2015-04-29 Bao-Xuan Zhu

We discuss the problem of classifying polynomials $p : \mathbb R^2_+ \rightarrow (0, \infty)$ for which $\frac{1}{p}=\{\frac{1}{p(m, n)}\}_{m, n \geq 0}$ is joint completely monotone, where $p$ is a linear polynomial in $y.$ We show that if…

Functional Analysis · Mathematics 2024-11-20 Akash Anand , Sameer Chavan , Rajkamal Nailwal

Let $f$ be a smooth real function with strictly monotone first $k$ derivatives. We show that for a finite set $A$, with $|A+A|\leq K|A|$, $|2^kf(A)-(2^k-1)f(A)|\gg_k |A|^{k+1-o(1)}/K^{O_k(1)}$. We deduce several new sum-product type…

Number Theory · Mathematics 2020-05-04 Brandon Hanson , Oliver Roche-Newton , Misha Rudnev

The comonotonic maxitivity property of functionals frequently appears in the characterization of fuzzy integrals based on the maximum operation. In some special cases, comonotonic maxitivity implies monotonicity of functionals. The question…

General Topology · Mathematics 2025-04-21 Taras Radul
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