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The magnitude of a metric space is a novel invariant that provides a measure of the 'effective size' of a space across multiple scales, while also capturing numerous geometrical properties, such as curvature, density, or entropy. We develop…

Machine Learning · Computer Science 2025-01-16 Katharina Limbeck , Rayna Andreeva , Rik Sarkar , Bastian Rieck

We develop a measure and integration theory for random normed modules. Given a probability space $({\rm X},\Sigma,\mathfrak m)$, we introduce and study measures taking values into the space $L^0(\mathfrak m)$ of $\mathfrak m$-measurable…

Functional Analysis · Mathematics 2026-04-24 Andrea Kubin , Enrico Pasqualetto

Data valuation has wide use cases in machine learning, including improving data quality and creating economic incentives for data sharing. This paper studies the robustness of data valuation to noisy model performance scores. Particularly,…

Machine Learning · Computer Science 2023-12-19 Jiachen T. Wang , Ruoxi Jia

We provide rates of convergence in the central limit theorem in terms of projective criteria for adapted stationary sequences of centered random variables taking values in Banach spaces, with finite moment of order $p \in ]2,3]$ as soon as…

Probability · Mathematics 2025-02-21 Aurélie Bigot

Many of the known complemented subspaces of L_p have realizations as sequence spaces. In this paper a systematic approach to defining these spaces which uses partitions and weights is introduced. This approach gives a unified description of…

Functional Analysis · Mathematics 2007-05-23 Dale Alspach , Simei Tong

Dynamic spectral risk measures define a claim's valuation bounds as supremum and infimum of expectations of the claim's payoff over a dominated set of measures. The measures at which such extrema are attained are called extreme measures. We…

Risk Management · Quantitative Finance 2023-10-23 Yoshihiro Shirai

In order to evaluate the quality of the scientific research, we introduce a new family of scientific performance measures, called Scientific Research Measures (SRM). Our proposal originates from the more recent developments in the theory of…

Risk Management · Quantitative Finance 2012-05-07 Marco Frittelli , Ilaria Peri

The classical Banach space $L_1(L_p)$ consists of measurable scalar functions $f$ on the unit square for which $$\|f\| = \int_0^1\Big(\int_0^1 |f(x,y)|^p dy\Big)^{1/p}dx < \infty.$$ We show that $L_1(L_p)$ $(1 < p < \infty)$ is primary,…

Functional Analysis · Mathematics 2021-02-22 Richard Lechner , Pavlos Motakis , Paul F. X. Müller , Thomas Schlumprecht

This work explores the interaction between different norms in infinite-dimensional vector spaces, focusing on their impact on Banach space structures and topological properties. We examine norms induced by bijective linear maps, the…

Functional Analysis · Mathematics 2025-08-22 Renan J. S. Isneri , Josias V. Baca , Lucas M. Fernandes

In this paper we collect several examples of convergence of functions of random processes to generalized functionals of those processes. We remark that the limit is always finitely absolutely continuous with respect to Wiener measure. We…

Probability · Mathematics 2024-09-17 A. A. Dorogovtsev , Naoufel Salhi

We study the numerical radius of Lipschitz operators on Banach spaces via the Lipschitz numerical index, which is an analogue of the numerical index in Banach space theory. We give a characterization of the numerical radius and obtain a…

Functional Analysis · Mathematics 2012-11-27 Ruidong Wang , Xujian Huang , Dongni Tan

Spectral risk measures are attractive risk measures as they allow the user to obtain risk measures that reflect their risk-aversion functions. To date there has been very little guidance on the choice of risk-aversion functions underlying…

Risk Management · Quantitative Finance 2011-03-30 kevin dowd , john cotter

To provide a solid analytic foundation for the module approach to conditional risk measures, this paper establishes a complete random convex analysis over random locally convex modules by simultaneously considering the two kinds of…

Functional Analysis · Mathematics 2013-08-03 Tiexin Guo , Shien Zhao , Xiaolin Zeng

We introduce the notions of L(H)-valued norms and Banach spaces with respect to L(H)-valued norms. In particular, we introduce Hilbert spaces with respect to L(H)-valued inner products. In addition, we provide several fundamental examples…

Functional Analysis · Mathematics 2008-03-04 Yun-Su Kim

Due to their heterogeneity, insurance risks can be properly described as a mixture of different fixed models, where the weights assigned to each model may be estimated empirically from a sample of available data. If a risk measure is…

Risk Management · Quantitative Finance 2018-02-12 Valeria Bignozzi , Claudio Macci , Lea Petrella

We study when the integration maps of vector measures can be computed as pointwise limits of their finite rank Radon-Nikod\'ym derivatives. We will show that this can sometimes be done, but there are also principal cases in which this…

Functional Analysis · Mathematics 2017-04-24 Eduardo Jimenez Fernandez , Enrique A. Sanchez Perez , Dirk Werner

These lecture notes contain an introduction to some of the fundamental ideas and results in analysis and probability on infinite-dimensional spaces, mainly Gaussian measures on Banach spaces. They originated as the notes for a topics course…

Probability · Mathematics 2016-09-08 Nathaniel Eldredge

The intuition of risk is based on two main concepts: loss and variability. In this paper, we present a composition of risk and deviation measures, which contemplate these two concepts. Based on the proposed Limitedness axiom, we prove that…

Risk Management · Quantitative Finance 2020-08-04 Marcelo Brutti Righi

Metric regularity has emerged during last 2-3 decades as one of the central concepts of variational analysis. The roots of this concept go back to a circle of fundamental regularity ideas of classical analysis embodied in such results as…

Optimization and Control · Mathematics 2015-10-27 A. D. Ioffe

This paper introduces and studies factor risk measures. While risk measures only rely on the distribution of a loss random variable, in many cases risk needs to be measured relative to some major factors. In this paper, we introduce a…

Mathematical Finance · Quantitative Finance 2024-04-15 Hirbod Assa , Peng Liu