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This paper focuses on vector-valued composite functionals, which may be nonlinear in probability. Our primary goal is to establish central limit theorems for these functionals when mixed estimators are employed. Our study is relevant to the…

Statistics Theory · Mathematics 2025-01-09 Huihui Chen , Darinka Dentcheva , Yang Lin , Gregory J. Stock

Recently, financial industry and regulators have enhanced the debate on the good properties of a risk measure. A fundamental issue is the evaluation of the quality of a risk estimation. On the one hand, a backtesting procedure is desirable…

Risk Management · Quantitative Finance 2017-02-07 Matteo Burzoni , Ilaria Peri , Chiara Maria Ruffo

Conformal prediction provides a powerful framework for constructing distribution-free prediction regions with finite-sample coverage guarantees. While extensively studied in univariate settings, its extension to multi-output problems…

Machine Learning · Statistics 2025-02-04 Victor Dheur , Matteo Fontana , Yorick Estievenart , Naomi Desobry , Souhaib Ben Taieb

We provide finite-sample distribution approximations, that are uniform in the parameter, for inference in linear mixed models. Focus is on variances and covariances of random effects in cases where existing theory fails because their…

Statistics Theory · Mathematics 2025-07-29 Karl Oskar Ekvall , Matteo Bottai

We revisit the recently introduced concept of return risk measures (RRMs) and extend it by incorporating risk management via multiple so-called eligible assets. The resulting new class of risk measures, termed multi-asset return risk…

Mathematical Finance · Quantitative Finance 2025-10-08 Christian Laudagé , Felix-Benedikt Liebrich , Jörn Sass

We introduce a new concept called as the mutual uncertainty between two observables in a given quantum state which enjoys similar features like the mutual information for two random variables. Further, we define the conditional uncertainty…

Quantum Physics · Physics 2018-10-03 Sk Sazim , Satyabrata Adhikari , Arun K. Pati , Pankaj Agrawal

In this article, we introduce a new parameterized family of topological descriptors, taking the form of candidate decompositions, for multi-parameter persistence modules, and we identify a subfamily of these descriptors, that we call…

Algebraic Topology · Mathematics 2025-10-30 David Loiseaux , Mathieu Carrière , Andrew J. Blumberg

The problem is sequence prediction in the following setting. A sequence $x_1,...,x_n,...$ of discrete-valued observations is generated according to some unknown probabilistic law (measure) $\mu$. After observing each outcome, it is required…

Machine Learning · Computer Science 2012-03-13 Daniil Ryabko

This paper considers a simulation-based estimator for a general class of Markovian processes and explores some strong consistency properties of the estimator. The estimation problem is defined over a continuum of invariant distributions…

Probability · Mathematics 2010-01-14 Manuel S. Santos

We consider a generic class of log-concave, possibly random, (Gibbs) measures. We prove the concentration of an infinite family of order parameters called multioverlaps. Because they completely parametrise the quenched Gibbs measure of the…

Probability · Mathematics 2022-12-22 Jean Barbier , Dmitry Panchenko , Manuel Sáenz

We give a complete characterization of both comonotone and not comonotone coherent risk measures in the discrete finite probability space, where each outcome is equally likely. To the best of our knowledge, this is the first work that…

Risk Management · Quantitative Finance 2014-12-25 Kerem Ugurlu

Distributionally robust optimization involves various probability measures in its problem formulation. They can be bundled to constitute a risk functional. For this equivalence, risk functionals constitute a fundamental building block in…

Optimization and Control · Mathematics 2021-05-14 Alois Pichler , Alexander Shapiro

We consider the strongly consistent question for model selection in a large class of causal time series models, including AR($\infty$), ARCH($\infty$), TARCH($\infty$), ARMA-GARCH and many classical others processes. We propose a penalized…

Statistics Theory · Mathematics 2020-08-21 William Kengne

This paper explores conditions of existence of different types of consistent tests. New links of these types of consistency are also established. The existence of discernible (strong consistent) tests follows from the existence of pointwise…

Statistics Theory · Mathematics 2015-04-22 Mikhail Ermakov

This paper addresses the ubiquity of remarkable measures on graphs, and their applications. In many queueing systems, it is necessary to take into account the compatibility constraints between users, or between supply and demands, and so…

Probability · Mathematics 2021-11-29 Jocelyn Begeot , Irène Marcovici , Pascal Moyal

We study the multifractal analysis of self-similar measures arising from random homogeneous iterated function systems. Under the assumption of the uniform strong separation condition, we see that this analysis parallels that of the…

Dynamical Systems · Mathematics 2019-12-23 Kathryn E. Hare , Kevin G. Hare , Sascha Troscheit

In this paper we generalize Yu's [Ann. Probab. 24 (1996) 2079-2097] strong invariance principle for associated sequences to the multi-parameter case, under the assumption that the covariance coefficient u(n) decays exponentially as n\to…

Probability · Mathematics 2007-05-23 Raluca M. Balan

Convexity and quasiconvexity are two properties that capture the concept of diversification for risk measures. Between the two, there is natural quasiconvexity, an old but not so well-known property weaker than convexity but stronger than…

Mathematical Finance · Quantitative Finance 2022-01-19 Çağın Ararat , Barış Bilir , Elisa Mastrogiacomo

We give a general proof of the strong consistency of the Maximum Likelihood Estimator for the case of independent non-identically distributed (i.n.i.d) data, assuming that the density functions of the random variables follow a particular…

Statistics Theory · Mathematics 2025-01-14 Ricardo Ferreira , Filipa Valdeira , Marta Guimarães , Cláudia Soares

We introduce a new approach to modeling uncertainty based on plausibility measures. This approach is easily seen to generalize other approaches to modeling uncertainty, such as probability measures, belief functions, and possibility…

Artificial Intelligence · Computer Science 2016-08-31 Nir Friedman , Joseph Y. Halpern
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