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High-dimensional linear models with endogenous variables play an increasingly important role in recent econometric literature. In this work we allow for models with many endogenous variables and many instrument variables to achieve…

Econometrics · Economics 2019-08-30 Alexandre Belloni , Christian Hansen , Whitney Newey

Epidemiologic studies often evaluate the association between an exposure and an event risk. When time-varying, exposure updates usually occur at discrete visits although changes are in continuous time and survival models require values to…

Choosing models from a hypothesis space is a frequent task in approximation theory and inverse problems. Cross-validation is a classical tool in the learner's repertoire to compare the goodness of fit for different reconstruction models.…

Numerical Analysis · Mathematics 2022-02-24 Felix Bartel , Ralf Hielscher

In recent decades, multilevel regression and poststratification (MRP) has surged in popularity for population inference. However, the validity of the estimates can depend on details of the model, and there is currently little research on…

Methodology · Statistics 2022-09-07 Swen Kuh , Lauren Kennedy , Qixuan Chen , Andrew Gelman

Neural networks have been widely used to solve complex real-world problems. Due to the complicate, nonlinear, non-convex nature of neural networks, formal safety guarantees for the behaviors of neural network systems will be crucial for…

Systems and Control · Computer Science 2018-02-13 Weiming Xiang , Diego Manzanas Lopez , Patrick Musau , Taylor T. Johnson

Most reinforcement learning (RL) approaches for the decision-making of autonomous driving consider safety as a reward instead of a cost, which makes it hard to balance the tradeoff between safety and other objectives. Human risk preference…

Robotics · Computer Science 2025-03-05 Yang Li , Shijie Yuan , Yuan Chang , Xiaolong Chen , Qisong Yang , Zhiyuan Yang , Hongmao Qin

We study the consistency of sample mean-variance portfolios of arbitrarily high dimension that are based on Bayesian or shrinkage estimation of the input parameters as well as weighted sampling. In an asymptotic setting where the number of…

Portfolio Management · Quantitative Finance 2015-05-30 Francisco Rubio , Xavier Mestre , Daniel P. Palomar

Practical application of Reinforcement Learning (RL) often involves risk considerations. We study a generalized approximation scheme for risk measures, based on Monte-Carlo simulations, where the risk measures need not necessarily be…

Machine Learning · Computer Science 2019-08-23 Dotan Di Castro , Joel Oren , Shie Mannor

Given a sequence of observations from a discrete-time, finite-state hidden Markov model, we would like to estimate the sampling distribution of a statistic. The bootstrap method is employed to approximate the confidence regions of a…

Computation · Statistics 2009-09-29 Cheng-Der Fuh , Inchi Hu

Recent advances have significantly improved our understanding of the sample complexity of learning in average-reward Markov decision processes (AMDPs) under the generative model. However, much less is known about the constrained…

Machine Learning · Computer Science 2025-09-23 Yukuan Wei , Xudong Li , Lin F. Yang

The Lasso is one of the most important approaches for parameter estimation and variable selection in high dimensional linear regression. At the heart of its success is the attractive rate of convergence result even when $p$, the dimension…

Statistics Theory · Mathematics 2019-08-09 Junlong Zhao , Chenlei Leng

This paper examines the precision of estimators of Quantile-Based Risk Measures (Value at Risk, Expected Shortfall, Spectral Risk Measures). It first addresses the question of how to estimate the precision of these estimators, and proposes…

Risk Management · Quantitative Finance 2011-03-30 Kevin Dowd , John Cotter

High-risk domains pose unique challenges that require language models to provide accurate and safe responses. Despite the great success of large language models (LLMs), such as ChatGPT and its variants, their performance in high-risk…

Computation and Language · Computer Science 2023-11-28 Chia-Chien Hung , Wiem Ben Rim , Lindsay Frost , Lars Bruckner , Carolin Lawrence

Prediction sets provide a means of quantifying the uncertainty in predictive tasks. Using held out calibration data, conformal prediction and risk control can produce prediction sets that exhibit statistically valid error control in a…

Machine Learning · Statistics 2026-02-05 Bror Hultberg , Dave Zachariah , Antônio H. Ribeiro

Multimodal Large Language Models (MLLMs) exhibit promising advancements across various tasks, yet they still encounter significant trustworthiness issues. Prior studies apply Split Conformal Prediction (SCP) in language modeling to…

Computation and Language · Computer Science 2025-07-01 Qingni Wang , Tiantian Geng , Zhiyuan Wang , Teng Wang , Bo Fu , Feng Zheng

This manuscript studies statistical properties of linear classifiers obtained through minimization of an unregularized convex risk over a finite sample. Although the results are explicitly finite-dimensional, inputs may be passed through…

Machine Learning · Computer Science 2012-06-15 Matus Telgarsky

We present an algorithm for the statistical learning setting with a bounded exp-concave loss in $d$ dimensions that obtains excess risk $O(d \log(1/\delta)/n)$ with probability at least $1 - \delta$. The core technique is to boost the…

Machine Learning · Computer Science 2016-10-17 Nishant A. Mehta

The covariance matrix plays a fundamental role in many modern exploratory and inferential statistical procedures, including dimensionality reduction, hypothesis testing, and regression. In low-dimensional regimes, where the number of…

Methodology · Statistics 2024-11-12 Philippe Boileau , Nima S. Hejazi , Mark J. van der Laan , Sandrine Dudoit

We introduce a simple but effective method for managing risk in model-based reinforcement learning with trajectory sampling that involves probabilistic safety constraints and balancing of optimism in the face of epistemic uncertainty and…

Machine Learning · Computer Science 2023-09-12 Marin Vlastelica , Sebastian Blaes , Cristina Pineri , Georg Martius

It is not an exaggeration to say that the recent progress in artificial intelligence technology depends on large-scale and high-quality data. Simultaneously, a prevalent issue exists everywhere: the budget for data labeling is constrained.…

Machine Learning · Computer Science 2023-08-22 Yujin Hwang , Won Jo , Juyoung Hong , Yukyung Choi