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An effective two-stage method for an estimation of parameters of the linear regression is considered. For this purpose we introduce a certain quasi-estimator that, in contrast to usual estimator, produces two alternative estimates. It is…

Statistics Theory · Mathematics 2010-10-06 Anatoly Gordinsky

In many application areas of extreme value theory, the variables of interest are not directly observable but instead contain errors. In this article, we quantify the effect of these errors in moment-based extreme value index estimation, and…

Statistics Theory · Mathematics 2025-02-13 Jaakko Pere , Pauliina Ilmonen , Lauri Viitasaari

We investigate the almost sure asymptotic properties of vector martingale transforms. Assuming some appropriate regularity conditions both on the increasing process and on the moments of the martingale, we prove that normalized moments of…

Probability · Mathematics 2018-12-05 Bernard Bercu , Peggy Cénac , Guy Fayolle

${\rm CoVaR}$ is one of the most important measures of financial systemic risks. It is defined as the risk of a financial portfolio conditional on another financial portfolio being at risk. In this paper we first develop a Monte-Carlo…

Risk Management · Quantitative Finance 2022-10-13 Weihuan Huang , Nifei Lin , L. Jeff Hong

We study the empirical likelihood approach to construct confidence intervals for the optimal value and the optimality gap of a given solution, henceforth quantify the statistical uncertainty of sample average approximation, for optimization…

Methodology · Statistics 2016-10-25 Henry Lam , Enlu Zhou

In this paper, we modify the Bayes risk for the expectile, the so-called variantile risk measure, to better capture extreme risks. The modified risk measure is called the adjusted standard-deviatile. First, we derive the asymptotic…

Statistics Theory · Mathematics 2024-11-12 Haoyu Chen , Tiantian Mao , Fan Yang

We propose a novel Bregman descent algorithm for minimizing a convex function that is expressed as the sum of a differentiable part (defined over an open set) and a possibly nonsmooth term. The approach, referred to as the Variable Bregman…

Machine Learning · Computer Science 2025-02-06 Ségolène Martin , Jean-Christophe Pesquet , Gabriele Steidl , Ismail Ben Ayed

Minimization of suitable statistical distances~(between the data and model densities) has proved to be a very useful technique in the field of robust inference. Apart from the class of $\phi$-divergences of \cite{a} and \cite{b}, the…

Statistics Theory · Mathematics 2021-01-25 Sancharee Basak , Ayanendranath Basu

We propose a sigmoidal approximation for the value-at-risk (that we call SigVaR) and we use this approximation to tackle nonlinear programs (NLPs) with chance constraints. We prove that the approximation is conservative and that the level…

Optimization and Control · Mathematics 2020-04-07 Yankai Cao , Victor M. Zavala

This is partly a survey article for Constructive Approximation's Special Issue on Approximation and Statistical Physics. It reviews results of B. Shiffman-S.Zelditch, R. Berman. S. Boucksom, D. Witt-Nystrom, T. Bloom, O. Zeitouni and others…

Probability · Mathematics 2017-07-20 Steve Zelditch

The Bradley-Terry-Luce (BTL) model is a benchmark model for pairwise comparisons between individuals. Despite recent progress on the first-order asymptotics of several popular procedures, the understanding of uncertainty quantification in…

Statistics Theory · Mathematics 2022-08-11 Chao Gao , Yandi Shen , Anderson Y. Zhang

In many instances, the application of approximate Bayesian methods is hampered by two practical features: 1) the requirement to project the data down to low-dimensional summary, including the choice of this projection, which ultimately…

Methodology · Statistics 2020-06-26 David T. Frazier

Uncertainty is prevalent in engineering design, data-driven problems, and decision making broadly. Due to inherent risk-averseness and ambiguity about assumptions, it is common to address uncertainty by formulating and solving conservative…

Optimization and Control · Mathematics 2024-04-05 Johannes O. Royset

In this paper, we propose some accelerated methods for solving optimization problems under the condition of relatively smooth and relatively Lipschitz continuous functions with an inexact oracle. We consider the problem of minimizing the…

Optimization and Control · Mathematics 2024-11-27 O. S. Savchuk , M. S. Alkousa , A. S. Shushko , A. A. Vyguzov , F. S. Stonyakin , D. A. Pasechnyuk , A. V. Gasnikov

In many complex statistical models maximum likelihood estimators cannot be calculated. In the paper we solve this problem using Markov chain Monte Carlo approximation of the true likelihood. In the main result we prove asymptotic normality…

Statistics Theory · Mathematics 2018-08-09 Błażej Miasojedow , Wojciech Niemiro , Wojciech Rejchel

Relative entropy (divergence) of Bregman type recently proposed by T. D. Frank and Jan Naudts is considered and its quantum counterpart is used to calculate purity of the Werner state in nonextensive formalism. It has been observed that two…

Statistical Mechanics · Physics 2009-11-11 Gokhan B. Bagci , Altug Arda , Ramazan Sever

In this paper, we show how approximating Rockafellians serve as a principled and effective alternative for improving the stability of stochastic programs under distributional changes. Unlike previous efforts that focus on special…

Optimization and Control · Mathematics 2025-07-22 Lai Tian , Johannes O. Royset

Approximate Bayesian computation (ABC) is a popular technique for approximating likelihoods and is often used in parameter estimation when the likelihood functions are analytically intractable. Although the use of ABC is widespread in many…

Statistics Theory · Mathematics 2011-03-29 Thomas A. Dean , Sumeetpal S. Singh , Ajay Jasra , Gareth W. Peters

We introduce two kinds of risk measures with respect to some reference probability measure, which both allow for a certain order structure and domination property. Analyzing their relation to each other leads to the question when a certain…

Risk Management · Quantitative Finance 2022-04-15 Christa Cuchiero , Guido Gazzani , Irene Klein

Recent research has shown that interval estimators with good coverage properties are achievable for some functions of quantiles, even when sample sizes are not large. Motivated by this, we consider interval estimators for the ratios of…

Statistics Theory · Mathematics 2019-05-21 Chandima N. P. G. Arachchige , Maxwell Cairns , Luke A. Prendergast
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