Related papers: A Note on the Continuity of Expected Utility Funct…
We consider the problem of constructing a weakly-continuous mapping extending continuous mapping defined on a dense set of a topological space to the entire space. Theorem on necessary and sufficient conditions for the existence of such an…
The main object of this paper is to investigate lacunary statistically ward continuity. We obtain some relations between this kind of continuity and some other kinds of continuities. It turns out that any lacunary statistically ward…
A quantum expectation is a positive linear functional of norm one on a non-commutative probability space (i.e., a C*-algebra). For a given pair of quantum expectations $\mu$ and $\lambda$ on a non-commutative probability space $A$, we…
For simultaneous independent events with finitely many outcomes, consider the expected-utility problem with nonnegative wagers and an endogenous cash position. We prove a short support theorem for a broad class of strictly increasing…
The notion of weakly monotone functions extends the classical definition of monotone function, that can be traced back to H.Lebesgue. It was introduced, in the setting of Sobolev spaces, by J.Manfredi, and thoroughly investigated in the…
Existence of an increasing quasi-concave value function consistent with given preference information is an important issue in various fields including Economics, Multiple Criteria Decision Making, and Applied Mathematics. In this paper, we…
The aim of this paper is to investigate weakly developable spaces. For a comparison with semi-metrizable spaces, we introduce and study a class of spaces among those of weakly developable spaces, semimetrizable spaces and first countable…
In this paper we extend the stability results of [4]}. Our utility maximization problem is defined as an essential supremum of conditional expectations of the terminal values of wealth processes, conditioned on the filtration at the…
We give a necessary and sufficient condition for a difference of convex (DC, for short) functions, defined on a locally convex space, to be Lipschitz continuous. Our criterion relies on the intersections of the "epsilon-subdifferentials of…
We generalize the phenomenon of continuation from complex anal- ysis to locally operator monotone functions. Along the lines of the egde-of- the-wedge theorem, we prove continuations exist dependent only on geometric features of the domain…
We consider the problem of the observability of positively expansive maps by the time series associated to continuous real functions. For this purpose we prove a general result on the generic observability of a locally injective map of a…
Two classical results characterizing regularity of a convergence space in terms of continuous extensions of maps on one hand, and in terms of continuity of limits for the continuous convergence on the other, are extended to…
Functions that are piecewise defined are a common sight in mathematics while convexity is a property especially desired in optimization. Suppose now a piecewise-defined function is convex on each of its defining components - when can we…
We give necessary and sufficient conditions on a function $f:[0,1]\to {0,1,2,...,\omega,\continuum}$ under which there exists a continuous function $F:[0,1]\to [0,1]$ such that for every $y\in[0,1]$ we have $|F^{-1}(y)|=f(y)$.
In this short paper we introduce a new class of performance measures based on certainty equivalents defined via scaled utility functions. We analyse their properties, show that the corresponding portfolio optimization problem is well-posed…
In the field of radial basis functions mathematicians have been endeavouring to find infinitely differentiable and compactly supported radial functions. This kind of functions are extremely important for some reasons. First, its…
We study existence, uniqueness and computability of solutions for a class of discrete time recursive utilities models. By combining two streams of the recent literature on recursive preferences---one that analyzes principal eigenvalues of…
In the present paper we study necessary and sufficient conditions for the existence of a semicontinuous and finite Richter-Peleg multi-utility for a preorder. It is well know that, given a preorder on a topological space, if there is a…
Lower semi-continuity (\texttt{LSC}) is a critical assumption in many foundational optimisation theory results; however, in many cases, \texttt{LSC} is stronger than necessary. This has led to the introduction of numerous weaker continuity…
Using complex methods combined with Baire's Theorem we show that one-sided extendability, extendability and real analyticity are rare phenomena on various spaces of functions in the topological sense. These considerations led us to…