English
Related papers

Related papers: Kernel Based Estimation of Spectral Risk Measures

200 papers

We consider the problem of estimating a spectral risk measure (SRM) from i.i.d. samples, and propose a novel method that is based on numerical integration. We show that our SRM estimate concentrates exponentially, when the underlying…

Machine Learning · Computer Science 2019-12-24 Ajay Kumar Pandey , Prashanth L. A. , Sanjay P. Bhat

In this paper, we consider a situation where a decision maker's (DM's) risk preference can be described by a spectral risk measure (SRM) but there is not a single SRM which can be used to represent the DM's preferences consistently.…

Optimization and Control · Mathematics 2023-01-06 Manlan Li , Xiaojiao Tong , Huifu Xu

Kernel smoothing is a highly flexible and popular approach for estimation of probability density and intensity functions of continuous spatial data. In this role it also forms an integral part of estimation of functionals such as the…

Methodology · Statistics 2017-07-24 Tilman M. Davies , Jonathan C. Marshall , Martin L. Hazelton

We introduce set risk measures (SRMs), real-valued maps defined on the family of non-empty closed bounded sets of essentially bounded random variables. SRMs extend traditional scalar risk measures by assigning a single capital requirement…

Mathematical Finance · Quantitative Finance 2026-05-20 Marcelo Righi , Eduardo Horta , Marlon Moresco

The problem of estimating the kernel mean in a reproducing kernel Hilbert space (RKHS) is central to kernel methods in that it is used by classical approaches (e.g., when centering a kernel PCA matrix), and it also forms the core inference…

Machine Learning · Statistics 2014-11-05 Krikamol Muandet , Bharath Sriperumbudur , Bernhard Schölkopf

A spectral mixture (SM) kernel is a flexible kernel used to model any stationary covariance function. Although it is useful in modeling data, the learning of the SM kernel is generally difficult because optimizing a large number of…

Machine Learning · Statistics 2020-06-15 Yohan Jung , Kyungwoo Song , Jinkyoo Park

We study the risk (i.e. generalization error) of Kernel Ridge Regression (KRR) for a kernel $K$ with ridge $\lambda>0$ and i.i.d. observations. For this, we introduce two objects: the Signal Capture Threshold (SCT) and the Kernel Alignment…

Machine Learning · Statistics 2020-06-18 Arthur Jacot , Berfin Şimşek , Francesco Spadaro , Clément Hongler , Franck Gabriel

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

Kernel matrices are a key quantity in kernel-based approximation, and important properties such as stability and algorithmic convergence can be analyzed with their help. In this work we refine a multivariate Ingham-type theorem, which is…

Numerical Analysis · Mathematics 2025-07-28 Tizan Wenzel , Armin Iske

We introduce a kernel estimator, to the tail index of a right-censored Pareto-type distribution, that generalizes Worms's one (Worms and Worms, 2014)in terms of weight coefficients. Under some regularity conditions, the asymptotic normality…

Statistics Theory · Mathematics 2021-10-15 Abdelhakim Necir , Louiza Soltane

By facilitating the generation of samples from arbitrary probability distributions, Markov Chain Monte Carlo (MCMC) is, arguably, \emph{the} tool for the evaluation of Bayesian inference problems that yield non-standard posterior…

Computation · Statistics 2021-05-27 Peter L Green , Robert E Moore , Ryan J Jackson , Jinglai Li , Simon Maskell

We provide uniform confidence bands for kernel ridge regression (KRR), a widely used nonparametric regression estimator for nonstandard data such as preferences, sequences, and graphs. Despite the prevalence of these data--e.g., student…

Statistics Theory · Mathematics 2025-08-19 Rahul Singh , Suhas Vijaykumar

Left truncated and right censored data are encountered frequently in insurance loss data due to deductibles and policy limits. Risk estimation is an important task in insurance as it is a necessary step for determining premiums under…

Methodology · Statistics 2025-02-27 Suparna Biswas , Rituparna Sen

The paper addresses the problem to estimate the power spectral density of an ARMA zero mean Gaussian process. We propose a kernel based maximum entropy spectral estimator. The latter searches the optimal spectrum over a class of high order…

Optimization and Control · Mathematics 2020-04-30 Mattia Zorzi

We investigate statistical properties for a broad class of modern kernel-based regression (KBR) methods. These kernel methods were developed during the last decade and are inspired by convex risk minimization in infinite-dimensional Hilbert…

Statistics Theory · Mathematics 2009-09-29 Andreas Christmann , Ingo Steinwart

We study a class of backtests for forecast distributions in which the test statistic depends on a spectral transformation that weights exceedance events by a function of the modeled probability level. The weighting scheme is specified by a…

Risk Management · Quantitative Finance 2019-07-30 Michael B. Gordy , Alexander J. McNeil

This article proposes a performance analysis of kernel least squares support vector machines (LS-SVMs) based on a random matrix approach, in the regime where both the dimension of data $p$ and their number $n$ grow large at the same rate.…

Machine Learning · Statistics 2016-09-09 Zhenyu Liao , Romain Couillet

Spectral risk measures (SRMs) are risk measures that take account of user riskaversion, but to date there has been little guidance on the choice of utility function underlying them. This paper addresses this issue by examining alternative…

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

This paper presents a kernel-based discriminative learning framework on probability measures. Rather than relying on large collections of vectorial training examples, our framework learns using a collection of probability distributions that…

Machine Learning · Statistics 2013-01-15 Krikamol Muandet , Kenji Fukumizu , Francesco Dinuzzo , Bernhard Schölkopf

The identification of continuous-time (CT) systems from discrete-time (DT) input and output signals, i.e., the sampled data, has received considerable attention for half a century. The state-of-the-art methods are parametric methods and…

Systems and Control · Electrical Eng. & Systems 2024-10-29 Xiaozhu Fang , Biqiang Mu , Tianshi Chen
‹ Prev 1 2 3 10 Next ›