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We consider the problems of estimation and optimization of two popular convex risk measures: utility-based shortfall risk (UBSR) and Optimized Certainty Equivalent (OCE) risk. We extend these risk measures to cover possibly unbounded random…

Computational Engineering, Finance, and Science · Computer Science 2025-06-03 Sumedh Gupte , Prashanth L. A. , Sanjay P. Bhat

This work studies an experimental design problem where {the values of a predictor variable, denoted by $x$}, are to be determined with the goal of estimating a function $m(x)$, which is observed with noise. A linear model is fitted to…

Statistics Theory · Mathematics 2023-05-03 David Azriel

A hidden Markov model is called observable if distinct initial laws give rise to distinct laws of the observation process. Observability implies stability of the nonlinear filter when the signal process is tight, but this need not be the…

Probability · Mathematics 2009-08-10 Ramon van Handel

Minimax lower bounds are pessimistic in nature: for any given estimator, minimax lower bounds yield the existence of a worst-case target vector $\beta^*_{worst}$ for which the prediction error of the given estimator is bounded from below.…

Statistics Theory · Mathematics 2017-10-10 Pierre C Bellec

We consider a robust filtering problem where the nominal state space model is not reachable and different from the actual one. We propose a robust Kalman filter which solves a dynamic game: one player selects the least-favorable model in a…

Optimization and Control · Mathematics 2020-09-08 Shenglun Yi , Mattia Zorzi

Quantum parameter estimation plays a key role in many fields like quantum computation, communication and metrology. Optimal estimation allows one to achieve the most precise parameter estimates, but requires accurate knowledge of the model.…

Quantum Physics · Physics 2017-05-15 Shibdas Roy , Dominic W. Berry , Ian R. Petersen , Elanor H. Huntington

The problem of adaptive Kalman filtering for a discrete observable linear time-varying system with unknown noise covariance matrices is addressed in this paper. The measurement difference autocovariance method is used to formulate a linear…

Systems and Control · Electrical Eng. & Systems 2021-04-27 Rahul Moghe , Maruthi R. Akella , Renato Zanetti

Consider a process satisfying a stochastic differential equation with unknown drift parameter, and suppose that discrete observations are given. It is known that a simple least squares estimator (LSE) can be consistent, but numerically…

Statistics Theory · Mathematics 2017-03-17 Yasutaka Shimizu

Accounting for model uncertainty in risk management and option pricing leads to infinite dimensional optimization problems which are both analytically and numerically intractable. In this article we study when this hurdle can be overcome…

Risk Management · Quantitative Finance 2020-01-16 Daniel Bartl , Samuel Drapeau , Ludovic Tangpi

The problem of the mean-square optimal estimation of the linear functionals which depend on the unknown values of a stochastic stationary sequence from observations of the sequence in special sets of points is considered. Formulas for…

Statistics Theory · Mathematics 2021-10-19 Oleksandr Masyutka , Mikhail Moklyachuk

For linear discrete state-space (LDSS) models, under certain conditions, the linear least mean squares filter estimate has a convenient recursive predictor/corrector format, aka the Kalman filter (KF). The aim of the paper is to introduce…

Signal Processing · Electrical Eng. & Systems 2017-11-07 Eric Chaumette , Francois Vincent

We present recent results on the existence of a continuous time limit for Ensemble Kalman Filter algorithms. In the setting of continuous signal and observation processes, we apply the original Ensemble Kalman Filter algorithm proposed by…

Probability · Mathematics 2020-12-08 Theresa Lange , Wilhelm Stannat

This letter investigates the channel estimation problem in THz wireless communications where a RIS is employed to assist wireless transmission between different devices. Unlike existing studies, we consider a novel scenario where specific…

Signal Processing · Electrical Eng. & Systems 2026-03-30 Wen-Xuan Long , Marco Moretti , Giacomo Bacci , Luca Sanguinetti

This work presents a distributionally robust Kalman filter to address uncertainties in noise covariance matrices and predicted covariance estimates. We adopt a distributionally robust formulation using bicausal optimal transport to…

Optimization and Control · Mathematics 2025-06-18 Bingyan Han

In this article we propose and develop a new methodology which is inspired from Kalman filtering and multilevel Monte Carlo (MLMC), entitle the multilevel localized ensemble Kalman--Bucy Filter (MLLEnKBF). Based on the work of Chada et al.…

Computation · Statistics 2025-02-25 Neil K. Chada

Recently, machine learning-based channel estimation has attracted much attention. The performance of machine learning-based estimation has been validated by simulation experiments. However, little attention has been paid to the theoretical…

Signal Processing · Electrical Eng. & Systems 2021-07-15 Kai Mei , Jun Liu , Xiaochen Zhang , Nandana Rajatheva , Jibo Wei

The ensemble Kalman inversion is widely used in practice to estimate unknown parameters from noisy measurement data. Its low computational costs, straightforward implementation, and non-intrusive nature makes the method appealing in various…

Numerical Analysis · Mathematics 2019-09-04 Dirk Blömker , Claudia Schillings , Philipp Wacker , Simon Weissmann

In the present paper the problem of approximating the solution of BSDE is considered in the case where the solution of forward equation is observed in the presence of small Gaussian noise. We suppose that the volatility of the forward…

Statistics Theory · Mathematics 2020-10-16 Oleg V. Chernoyarov , Yury A. Kutoyants

We tackle covariance estimation in low-sample scenarios, employing a structured covariance matrix with shrinkage methods. These involve convexly combining a low-bias/high-variance empirical estimate with a biased regularization estimator,…

Instrumentation and Methods for Astrophysics · Physics 2024-06-28 Olivier Flasseur , Eric Thiébaut , Loïc Denis , Maud Langlois

This paper is concerned with optimizing the global minimum-variance portfolio's (GMVP) weights in high-dimensional settings where both observation and population dimensions grow at a bounded ratio. Optimizing the GMVP weights is highly…

Signal Processing · Electrical Eng. & Systems 2022-04-13 Maaz Mahadi , Tarig Ballal , Muhammad Moinuddin , Tareq Y. Al-Naffouri , Ubaid Al-Saggaf
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