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Dynamic quantiles, or Conditional Autoregressive Value at Risk (CAViaR) models, have been extensively studied at the individual level. However, efforts to estimate multiple dynamic quantiles jointly have been limited. Existing approaches…

Statistical Finance · Quantitative Finance 2025-01-22 Tibor Szendrei

Geometric quantiles are popular location functionals to build rank-based statistical procedures in multivariate settings. They are obtained through the minimization of a non-smooth convex objective function. As a result, the singularity of…

Statistics Theory · Mathematics 2026-02-11 Dimitri Konen , Gilles Stupfler

In this work, we focus on some conditional extreme risk measures estimation for elliptical random vectors. In a previous paper, we proposed a methodology to approximate extreme quantiles, based on two extremal parameters. We thus propose…

Statistics Theory · Mathematics 2018-07-26 Antoine Usseglio-Carleve

Plausibility measures are structures for reasoning in the face of uncertainty that generalize probabilities, unifying them with weaker structures like possibility measures and comparative probability relations. So far, the theory of…

Quantum Physics · Physics 2015-05-07 Tobias Fritz , Matthew Leifer

Working in a continuous time setting, we extend to the general case of dynamic risk measures continuous from above the characterization of time consistency in terms of ``cocycle condition'' of the minimal penalty function. We prove also the…

Probability · Mathematics 2008-12-10 Jocelyne Bion-Nadal

Equivalent characterizations of multiportfolio time consistency are deduced for closed convex and coherent set-valued risk measures on $L^p(\Omega,\mathcal F, P; R^d)$ with image space in the power set of $L^p(\Omega,\mathcal F_t,P;R^d)$.…

Risk Management · Quantitative Finance 2017-01-27 Zachary Feinstein , Birgit Rudloff

The paper presents the generalized persistency of excitation conditions. They are not only valid for much broader range of applications than their classical counterparts but also elegantly prove the validity of the latter. The novelty and…

General Mathematics · Mathematics 2007-05-23 Sergey Nikitin

Tests for proportional hazards assumption concerning specified covariates or groups of covariates are proposed. The class of alternatives is wide: log-hazard rates under different values of covariates may cross, approach, go away. The data…

Statistics Theory · Mathematics 2020-01-20 Vilijandas Bagdonavičius , Rūta Levulienė

In [1], the authors have studied stability of certain causal properties of space-times in general relativity. As a continuation of this work, in the present paper, we review and discuss, some more aspects of stability which occur in various…

General Relativity and Quantum Cosmology · Physics 2017-09-14 R V Saraykar , Sujatha Janardhan

The conditional mutual information I(X;Y|Z) measures the average information that X and Y contain about each other given Z. This is an important primitive in many learning problems including conditional independence testing, graphical model…

Information Theory · Computer Science 2017-10-16 Arman Rahimzamani , Sreeram Kannan

We propose a new framework for assessing Granger causality in quantiles in unstable environments, for a fixed quantile or over a continuum of quantile levels. Our proposed test statistics are consistent against fixed alternatives, they have…

Econometrics · Economics 2024-12-09 Alexander Mayer , Dominik Wied , Victor Troster

Motivated by the need to analyze continuously updated data sets in the context of time-to-event modeling, we propose a novel nonparametric approach to estimate the conditional hazard function given a set of continuous and discrete…

Methodology · Statistics 2025-07-03 Daphné Aurouet , Valentin Patilea

Conditional generative models became a very powerful tool to sample from Bayesian inverse problem posteriors. It is well-known in classical Bayesian literature that posterior measures are quite robust with respect to perturbations of both…

Machine Learning · Computer Science 2024-07-22 Fabian Altekrüger , Paul Hagemann , Gabriele Steidl

We present a framework for constructing multivariate risk measures that is inspired from univariate Optimized Certainty Equivalent (OCE) risk measures. We show that this new class of risk measures verifies the desirable properties such as…

Optimization and Control · Mathematics 2022-12-07 Sarah Kaakai , Anis Matoussi , Achraf Tamtalini

This paper proposes a new class of nonparametric tests for the correct specification of models based on conditional moment restrictions, paying particular attention to generalized propensity score models. The test procedure is based on two…

Econometrics · Economics 2023-04-18 Pedro H. C. Sant'Anna , Xiaojun Song

Using cumulative residual processes, we propose joint goodness-of-fit tests for conditional means and variances functions in the context of nonlinear time series with martingale difference innovations. The main challenge comes from the fact…

Methodology · Statistics 2021-07-02 Kilani Ghoudi , Naâmane Laïb , Mohamed Chaouch

This study introduces a new analytical framework for quantifying multivariate risk measures. Using the Wishart process, which is a stochastic process with values in the space of positive definite matrices, we derive several conditional tail…

Risk Management · Quantitative Finance 2026-02-09 Jose Da Fonseca , Patrick Wong

We compare the performance of protective quantum measurements to that of standard projective measurements. Performance is quantified in terms of the uncertainty in the measured expectation value. We derive an expression for the relative…

Quantum Physics · Physics 2024-09-19 Maximilian Schlosshauer

We propose a general scheme to create time sequences that fulfill given constraints but are random otherwise. Significance levels for nonlinearity tests are as usually obtained by Monte Carlo resampling. In a new scheme, constraints…

chao-dyn · Physics 2007-05-23 Thomas Schreiber , Andreas Schmitz

The metalog distributions represent a convenient way to approach many practical applications. Their distinctive feature is simple closed-form expressions for quantile functions. This paper contributes to further development of the metalog…

Risk Management · Quantitative Finance 2021-02-23 Valentyn Khokhlov