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A convex duality result for martingale optimal transport problems with two marginals was established in Beiglb\"ock et al. (2013). In this paper we provide a generalization of this result to the multi-period setting.

Probability · Mathematics 2024-03-06 Julian Sester

In [K.J. Ciosmak, Applications of Strassen's theorem and Choquet theory to optimal transport problems, to uniformly convex functions and to uniformly smooth functions, Nonlinear Anal. 232 (2023), Paper No. 113267, 32 pp.], Theorem 2.3. does…

Functional Analysis · Mathematics 2024-04-18 Krzysztof Jan Ciosmak

Stability of the value function and the set of minimizers w.r.t. the given data is a desirable feature of optimal transport problems. For the classical Kantorovich transport problem, stability is satisfied under mild assumptions and in…

Optimization and Control · Mathematics 2021-01-19 Martin Brückerhoff , Nicolas Juillet

An interesting question in the field of martingale optimal transport, is to determine the martingale with prescribed initial and terminal marginals which is most correlated to Brownian motion. Under a necessary and sufficient irreducibility…

Probability · Mathematics 2023-09-21 Julio Backhoff-Veraguas , Walter Schachermayer , Bertram Tschiderer

An intriguing question in martingale optimal transport is to characterize the martingale with prescribed initial and terminal marginals whose transition kernel is as Gaussian as possible. In this work we address an extension of this…

Probability · Mathematics 2024-02-09 Bertram Tschiderer

We consider Monge-Kantorovich optimal transport problems on $\mathbb{R}^d$, $d\ge 1$, with a convex cost function given by the cumulant generating function of a probability measure. Examples include the Wasserstein-2 transport whose cost…

Probability · Mathematics 2017-08-29 Soumik Pal

Consider a multiperiod optimal transport problem where distributions $\mu_{0},\dots,\mu_{n}$ are prescribed and a transport corresponds to a scalar martingale $X$ with marginals $X_{t}\sim\mu_{t}$. We introduce particular couplings called…

Probability · Mathematics 2019-05-21 Marcel Nutz , Florian Stebegg , Xiaowei Tan

This paper focuses on martingale optimal transport problems when the martingales are assumed to have bounded quadratic variation. First, we give a result that characterizes the existence of a probability measure satisfying some convex…

Probability · Mathematics 2020-03-18 Erhan Bayraktar , Xin Zhang , Zhou Zhou

Strassen's Positivstellensatz is a powerful but little known theorem on preordered commutative semirings satisfying a boundedness condition similar to Archimedeanicity. It characterizes the relaxed preorder induced by all monotone…

Algebraic Geometry · Mathematics 2021-02-03 Tobias Fritz

Quantization provides a very natural way to preserve the convex order when approximating two ordered probability measures by two finitely supported ones. Indeed, when the convex order dominating original probability measure is compactly…

Probability · Mathematics 2020-12-21 Benjamin Jourdain , Gilles Pagès

It is well known that given two probability measures $\mu$ and $\nu$ on $\mathbb{R}$ in convex order there exists a discrete-time martingale with these marginals. Several solutions are known (for example from the literature on the Skorokhod…

Probability · Mathematics 2020-09-14 Mathias Beiglböck , David Hobson , Dominykas Norgilas

We continue the analysis in [3] of matrix convex functions of a fixed order defined in a real interval by differential methods as opposed to the characterization in terms of divided differences given by Kraus [5]. We amend and improve some…

Operator Algebras · Mathematics 2007-05-23 Frank Hansen , Jun Tomiyama

We propose certain conditions which are sufficient for the functional law of the iterated logarithm (the Strassen invariance principle) for some general class of non-stationary Markov-Feller chains. This class may be briefly specified by…

Probability · Mathematics 2020-12-07 Dawid Czapla , Katarzyna Horbacz , Hanna Wojewódka-Ściążko

We formulate a new model for transport in stochastic media with long-range spatial correlations where exponential attenuation (controlling the propagation part of the transport) becomes power law. Direct transmission over optical distance…

Optics · Physics 2021-07-13 Anthony B. Davis , Feng Xu

We study a class of mass transport models where mass is transported in a preferred direction around a one-dimensional periodic lattice and is globally conserved. The model encompasses both discrete and continuous masses and parallel and…

Statistical Mechanics · Physics 2009-11-10 M. R. Evans , Satya N. Majumdar , R. K. P. Zia

We give a stochastic generalization of transport theorem on smooth manifold. Furthermore, we deduce a system of continuity equation and present some application on torus.

Probability · Mathematics 2015-05-11 Pedro Catuogno , Simão N. Stelmastchuk

Under mild regularity assumptions, the transport problem is stable in the following sense: if a sequence of optimal transport plans $\pi_1, \pi_2, \ldots$ converges weakly to a transport plan $\pi$, then $\pi$ is also optimal (between its…

Probability · Mathematics 2020-12-22 Julio Backhoff-Veraguas , Gudmund Pammer

In order to bring contraction analysis into the very fruitful and topical fields of stochastic and Bayesian systems, we extend here the theory describes in \cite{Lohmiller98} to random differential equations. We propose new definitions of…

Optimization and Control · Mathematics 2013-09-27 Nicolas Tabareau , Jean-Jacques Slotine

For probability measures $\mu,\nu$ and $\rho$ define the cost functionals \begin{align*} C(\mu,\rho):=\sup_{\pi\in \Pi(\mu,\rho)} \int \langle x,y\rangle\, \pi(dx,dy),\quad C(\nu,\rho):=\sup_{\pi\in \Pi(\nu,\rho)} \int \langle x,y\rangle\,…

Probability · Mathematics 2023-03-09 Johannes Wiesel , Erica Zhang

We consider an extension of the Monge-Kantorovitch optimal transportation problem. The mass is transported along a continuous semimartingale, and the cost of transportation depends on the drift and the diffusion coefficients of the…

Probability · Mathematics 2013-10-04 Xiaolu Tan , Nizar Touzi