Related papers: Representation Theory for Risk On Markowitz-Tversk…

We formulate and prove an index theorem for loop spaces of compact manifolds in the framework of $KK$-theory. It is a strong candidate for the noncommutative geometrical definition (or the analytic counterpart) of the Witten genus. In order…

Let $G_M$ be one of the complex Lie groups $O_M$ and $Sp_M$. The irreducible finite-dimensional representations of the group $G_M$ are labeled by partitions $\mu$ satisfying certain extra conditions. Let $U$ be the representation of $G_M$…

Let $G$ be a torus and $M$ a compact Hamiltonian $G$-manifold with finite fixed point set $M^G$. If $T$ is a circle subgroup of $G$ with $M^G=M^T$, the $T$-moment map is a Morse function. We will show that the associated Morse…

We consider transfer operators for topological Markov shift (TMS) with countable states and with holes which are $2$-cylinders. As main results, if the closed system of the shift has finitely irreducible transition matrix and the potential…

We suggest a new algorithm to estimate representations of compact Lie groups from finite samples of their orbits. Different from other reported techniques, our method allows the retrieval of the precise representation type as a direct sum…

We consider a control problem for a finite-state Markov system whose performance is evaluated by a coherent Markov risk measure. For each policy, the risk of a state is approximated by a function of its features, thus leading to a…

We establish a variety of numerical representations of preference relations induced by set-valued risk measures. Because of the general incompleteness of such preferences, we have to deal with multi-utility representations. We look for…

For any countable group, and also for any locally compact second countable, compactly generated topological group, G, we show the existence of a "universal" hypercyclic (i.e. topologically transitive) representation on a Hilbert space, in…

A bounded linear operator $T$ on a Hilbert space is said to be homogeneous if $\varphi(T)$ is unitarily equivalent to $T$ for all $\varphi$ in the group M\"{o}b of bi-holomorphic automorphisms of the unit disc. A projective unitary…

We develop a semigroup approach to representation theory for pro-Lie groups satisfying suitable amenability conditions. As an application of our approach, we establish a one-to-one correspondence between equivalence classes of unitary…

We introduce the Lyapunov approach to optimal control problems of average risk-sensitive Markov control processes with general risk maps. Motivated by applications in particular to behavioral economics, we consider possibly non-convex risk…

It is well known that the inequivalent unitary irreducible representations (UIR's) of the mapping class group $G$ of a 3-manifold give rise to ``theta sectors'' in theories of quantum gravity with fixed spatial topology. In this paper, we…

Volatility, as a primary indicator of financial risk, forms the foundation of classical frameworks such as Markowitz's Portfolio Theory and the Efficient Market Hypothesis (EMH). However, its conventional use rests on assumptions-most…

This thesis is devoted to the study of the interactions existing between the algebraic structure of locally compact groups and the properties of their continuous unitary representations, with a special emphasis on the Type I groups. On the…

This paper considers a newly delayed reinsurance and investment optimization problem incorporating random risk aversion, in which an insurer pursues maximization of the expected certainty equivalent of her/his terminal wealth and the…

This paper, together with Part II, expands the results of math.DG/9803051. In Part I we study the twisted index theory of elliptic operators on orbifold covering spaces of compact good orbifolds, which are invariant under a projective…

Let $T$ be the circle group and let $LT$ be its loop group. We formulate and investigate several topological aspects of the $LT$-equivariant index theory for proper $LT$-spaces, where proper $LT$-spaces are infinite-dimensional manifolds…

A closed 1-form $\Theta$ on a manifold induces a perturbation $d_\Theta$ of the de~Rham complex. This perturbation was originally introduced Witten for exact $\Theta$, and later extended by Novikov to the case of arbitrary closed $\Theta$.…

Consider the semi-flow given by the continuous time shift $\Theta_t:\mathcal{D} \to \mathcal{D} $, $t \geq 0$, acting on the $\mathcal{D} $ of \textit{c\`{a}dl\`{a}g} paths $w: [0,\infty) \to S^1$, where $S^1$ is the unitary circle. We…

Mean-reverting portfolios with volatility and sparsity constraints are of prime interest to practitioners in finance since they are both profitable and well-diversified, while also managing risk and minimizing transaction costs. Three main…