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By the classical Martingale Representation Theorem, replication of random vectors can be achieved via stochastic integrals or solutions of stochastic differential equations. We introduce a new approach to replication of random vectors via…

Portfolio Management · Quantitative Finance 2013-08-01 Nikolai Dokuchaev

We introduce functions for relative maximization in a general context: the beta and alpha applications. After a systematic study concerning regularities, we investigate how to approximate certain values of these functions using periodic…

Dynamical Systems · Mathematics 2007-05-23 Eduardo Garibaldi , Artur O. Lopes

This paper deals with some nonlinear problems which exponential and biexponential decays are involved in. A proof of the quasiconvexity of the error function in some of these problems of optimization is presented. This proof is restricted…

In a previous paper [Adcock & Huybrechs, 2019] we described the numerical approximation of functions using redundant sets and frames. Redundancy in the function representation offers enormous flexibility compared to using a basis, but…

Numerical Analysis · Mathematics 2020-07-13 Ben Adcock , Daan Huybrechs

Many statistical models have likelihoods which are intractable: it is impossible or too expensive to compute the likelihood exactly. In such settings, a common approach is to replace the likelihood with an approximation, and proceed with…

Statistics Theory · Mathematics 2016-11-23 Helen Ogden

Model selection aims to find the best model in terms of accuracy, interpretability or simplicity, preferably all at once. In this work, we focus on evaluating model performance of Gaussian process models, i.e. finding a metric that provides…

Machine Learning · Computer Science 2024-03-15 Andreas Besginow , Jan David Hüwel , Thomas Pawellek , Christian Beecks , Markus Lange-Hegermann

The Laplace approximation is an old, but frequently used method to approximate integrals for Bayesian calculations. In this paper we develop an extension of the Laplace approximation, by applying it iteratively to the residual, i.e., the…

Computation · Statistics 2012-09-04 Björn Bornkamp

Techniques are proposed for solving integral equations of the first kind with an input known not precisely. The requirement that the solution sought for includes a given number of maxima and minima is imposed. It is shown that when the…

Mathematical Physics · Physics 2015-05-30 V. D. Efros

We obtain approximation results for general positive linear operators satisfying mild conditions, when acting on discontinuous functions and absolutely continuous functions having discontinuous derivatives. The upper bounds, given in terms…

Probability · Mathematics 2024-10-29 José A. Adell , P. Garrancho , F. J. Martínez-Sánchez

We show that the Laplace approximation of a supremum by Lp-norms has interesting consequences in optimization. For instance, the logarithmic barrier functions (LBF) of a primal convex problem P and its dual appear naturally when using this…

Optimization and Control · Mathematics 2010-07-28 Jean B. Lasserre , Eduardo S. Zeron

This paper introduces a novel error estimator for the Proper Generalized Decomposition (PGD) approximation of parametrized equations. The estimator is intrinsically random: It builds on concentration inequalities of Gaussian maps and an…

Numerical Analysis · Mathematics 2019-10-28 Kathrin Smetana , Olivier Zahm

In this work, we derive a complete characterization of all ruin-inducing probability measures that preserve the structure of a given compound renewal process in terms of suitable pairs of functions $(\gamma,\delta)$. This result allows us…

Probability · Mathematics 2026-04-28 Spyridon M. Tzaninis , Apostolos Bozikas

We establish explicit exponential convergence estimates for the renewal theorem, in terms of a uniform component of the inter arrival distribution, of its Laplace transform which is assumed finite on a positive interval, and of the Laplace…

Probability · Mathematics 2016-12-01 J. -B Bardet , A Christen , J Fontbona

We introduce and investigate a new notion of the theory of approximation-the so-called degenerate approximation, i.e. approximation of the function of two (and more) variables (kernel) by means of degenerate function (kernel). We apply…

Probability · Mathematics 2013-03-14 E. Ostrovsky , L. Sirota

Several numerical approximation strategies for the expectation-propagation algorithm are studied in the context of large-scale learning: the Laplace method, a faster variant of it, Gaussian quadrature, and a deterministic version of…

Computation · Statistics 2016-11-16 Alexis Roche

We consider a generalization of the variance-gamma (generalized asymmetric Laplace) distribution, defined as a normal mean - variance mixture with a gamma mixing distribution. While this model is typically studied in the univariate setting,…

Methodology · Statistics 2026-05-04 Tomasz J. Kozubowski , Andrey Sarantsev , James A. Spiker

Delay differential equations are of great importance in science, engineering, medicine and biological models. These type of models include time delay phenomena which is helpful for characterising the real-world applications in machine…

Numerical Analysis · Mathematics 2021-03-17 Burcu Gürbüz

The optimized random phase approximation (ORPA) for classical liquids is re-examined in the framework of the generating functional approach to the integral equations. We show that the two main variants of the approximation correspond to the…

Chemical Physics · Physics 2009-10-30 G. Pastore , O. Akinlade , F. Matthews , Z. Badirkhan

In this work we investigate to which extent one can recover class probabilities within the empirical risk minimization (ERM) paradigm. The main aim of our paper is to extend existing results and emphasize the tight relations between…

Machine Learning · Computer Science 2020-07-22 Alexander Mey , Marco Loog

The Inexact Restoration approach has proved to be an adequate tool for handling the problem of minimizing an expensive function within an arbitrary feasible set by using different degrees of precision in the objective function. The Inexact…

Optimization and Control · Mathematics 2023-04-28 Ernesto G. Birgin , Natasa Krejić , José Mario Martínez