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We introduce and study the main properties of a class of convex risk measures that refine Expected Shortfall by simultaneously controlling the expected losses associated with different portions of the tail distribution. The corresponding…

Risk Management · Quantitative Finance 2021-08-19 Matteo Burzoni , Cosimo Munari , Ruodu Wang

Coherent lower previsions are general probabilistic models allowing incompletely specified probability distributions. However, for complete description of a coherent lower prevision -- even on finite underlying sample spaces -- an infinite…

Probability · Mathematics 2022-09-29 Damjan Škulj

Error bound analysis, which estimates the distance of a point to the solution set of an optimization problem using the optimality residual, is a powerful tool for the analysis of first-order optimization algorithms. In this paper, we use…

Optimization and Control · Mathematics 2020-07-01 Jiawei Zhang , Zhiquan Luo

Expectation Propagation is a very popular algorithm for variational inference, but comes with few theoretical guarantees. In this article, we prove that the approximation errors made by EP can be bounded. Our bounds have an asymptotic…

Computation · Statistics 2016-01-12 Guillaume P Dehaene , Simon Barthelmé

Large-scale quantum computation will only be achieved if experimentally implementable quantum error correction procedures are devised that can tolerate experimentally achievable error rates. We describe a quantum error correction procedure…

Quantum Physics · Physics 2011-02-22 David S. Wang , Austin G. Fowler , Lloyd C. L. Hollenberg

In this paper, explicit error bounds are derived in the approximation of rank $k$ projections of certain $n$-dimensional random vectors by standard $k$-dimensional Gaussian random vectors. The bounds are given in terms of $k$, $n$, and a…

Probability · Mathematics 2007-06-07 Elizabeth Meckes

We give sufficient conditions for the expected excess and the upper semideviation of recourse functions to be strongly convex. This is done in the setting of two-stage stochastic programs with complete linear recourse and random right-hand…

Optimization and Control · Mathematics 2018-02-20 Matthias Claus , Rüdiger Schultz , Kai Spürkel

We present a detailed study of estimation errors in terms of surrogate loss estimation errors. We refer to such guarantees as $\mathscr{H}$-consistency estimation error bounds, since they account for the hypothesis set $\mathscr{H}$…

Machine Learning · Computer Science 2022-05-18 Pranjal Awasthi , Anqi Mao , Mehryar Mohri , Yutao Zhong

Quantum phase estimation is one of the key algorithms in the field of quantum computing, but up until now, only approximate expressions have been derived for the probability of error. We revisit these derivations, and find that by ensuring…

Quantum Physics · Physics 2012-02-13 James M. Chappell , Max A. Lohe , Lorenz von Smekal , Azhar Iqbal , Derek Abbott

In this paper a class of combinatorial optimization problems is discussed. It is assumed that a solution can be constructed in two stages. The current first-stage costs are precisely known, while the future second-stage costs are only known…

Data Structures and Algorithms · Computer Science 2018-12-20 Marc Goerigk , Adam Kasperski , Pawel Zielinski

We study online convex optimisation with $\ell_q$-Lipschitz losses, $\ell_p$-regularised FTRL, and randomised two-point finite-difference gradient estimators based on cone-measure sampling from $\ell_r$-spheres. For random Lipschitz losses…

Machine Learning · Computer Science 2026-05-12 David Janz , El-Mahdi El-Mhamdi , Arya Akhavan

We consider an online two-stage stochastic optimization with long-term constraints over a finite horizon of $T$ periods. At each period, we take the first-stage action, observe a model parameter realization and then take the second-stage…

Machine Learning · Computer Science 2024-05-21 Jiashuo Jiang

Hybrid inverse problems are based on the interplay of two types of waves, in order to allow for imaging with both high resolution and high contrast. The inversion procedure often consists of two steps: first, internal measurements involving…

Analysis of PDEs · Mathematics 2022-10-14 Giovanni S. Alberti

We consider various stochastic models that incorporate the notion of risk-averseness into the standard 2-stage recourse model, and develop novel techniques for solving the algorithmic problems arising in these models. A key notable feature…

Data Structures and Algorithms · Computer Science 2008-05-06 Chaitanya Swamy

We study the set of solutions to a parameterized, strongly convex optimization problem whose cost depends on uncertain, bounded parameters. We compute a certified outer approximation of the corresponding set of optimizers, using convergence…

Optimization and Control · Mathematics 2026-05-01 Brendan Gould , Chih-Yuan Chiu , Antoine P. Leeman , Kyriakos G. Vamvoudakis , Samuel Coogan , Glen Chou

We propose two families of asymptotically local minimax lower bounds on parameter estimation performance. The first family of bounds applies to any convex, symmetric loss function that depends solely on the difference between the estimate…

Statistics Theory · Mathematics 2024-09-20 Neri Merhav

In this paper, we investigate the matrix estimation problem in the multi-response regression model with measurement errors. A nonconvex error-corrected estimator based on a combination of the amended loss function and the nuclear norm…

Statistics Theory · Mathematics 2022-09-19 Xin Li , Dongya Wu

Measuring and managing risk has become crucial in modern decision making under stochastic uncertainty. In two-stage stochastic programming, mean risk models are essentially defined by a parametric recourse problem and a quantification of…

Optimization and Control · Mathematics 2016-11-28 Matthias Claus , Volker Krätschmer , Rüdiger Schultz

The paper deals with finite element approximations of elliptic Dirichlet boundary control problems posed on two-dimensional polygonal domains. Error estimates are derived for the approximation of the control and the state variables. Special…

Numerical Analysis · Mathematics 2019-01-28 Thomas Apel , Mariano Mateos , Johannes Pfefferer , Arnd Rösch

In this paper, we discuss the ambiguous chance constrained based portfolio optimization problems, in which the perturbations associated with the input parameters are stochastic in nature, but their distributions are not known precisely. We…

Optimization and Control · Mathematics 2023-11-09 Pulak Swain , Akshay Kumar Ojha