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We propose a method to conduct uniform inference for the (optimal) value function, that is, the function that results from optimizing an objective function marginally over one of its arguments. Marginal optimization is not Hadamard…

Econometrics · Economics 2022-10-26 Sergio Firpo , Antonio F. Galvao , Thomas Parker

We apply a suitable modification of the functional delta method to statistical functionals that arise from law-invariant coherent risk measures. To this end we establish differentiability of the statistical functional in a relaxed Hadamard…

Statistics Theory · Mathematics 2015-02-18 Volker Krätschmer , Alexander Schied , Henryk Zähle

We consider the differentiation of the value function for parametric optimization problems. Such problems are ubiquitous in Machine Learning applications such as structured support vector machines, matrix factorization and min-min or…

Optimization and Control · Mathematics 2020-12-29 Sheheryar Mehmood , Peter Ochs

This paper is concerned with the directional derivative of the value function for a very general set-constrained optimization problem under perturbation. Under reasonable assumptions, we obtain upper and lower estimates for the upper and…

Optimization and Control · Mathematics 2023-11-08 Kuang Bai , Jane Ye

We show that various functionals related to the supremum of a real function defined on an arbitrary set or a measure space are Hadamard directionally differentiable. We specifically consider the supremum norm, the supremum, the infimum, and…

Statistics Theory · Mathematics 2019-12-18 Javier Cárcamo , Luis-Alberto Rodríguez , Antonio Cuevas

The functional delta-method provides a convenient tool for deriving bootstrap consistency of a sequence of plug-in estimators w.r.t. a given functional from bootstrap consistency of the underlying sequence of estimators. It has recently…

Statistics Theory · Mathematics 2016-09-21 Eric Beutner , Henryk Zähle

The functional delta-method provides a convenient tool for deriving the asymptotic distribution of a plug-in estimator of a statistical functional from the asymptotic distribution of the respective empirical process. Moreover, it provides a…

Statistics Theory · Mathematics 2016-05-05 Eric Beutner , Henryk Zähle

We provide a fast and simple method to solve fractional variational problems with dependence on Hadamard fractional derivatives. Using a relation between the Hadamard fractional operator and a sum involving integer-order derivatives, we…

Optimization and Control · Mathematics 2014-05-07 Ricardo Almeida , Nuno R. O. Bastos , Delfim F. M. Torres

The optimal value function is one of the basic objects in the field of mathematical optimization, as it allows the evaluation of the variations in the cost/revenue generated while minimizing/maximizing a given function under some…

Optimization and Control · Mathematics 2021-11-29 Alain B. Zemkoho

In this paper we study the right differentiability of a parametric infimum function over a parametric set defined by equality constraints. We present a new theorem with sufficient conditions for the right differentiability with respect to…

Optimization and Control · Mathematics 2023-06-22 Kevin Sturm

In this paper, we introduce a new higher-order directional derivative and higher-order subdifferential of Hadamard type of a given proper extended real function. This derivative is harmonized with the classical higher-order Fr\'echet…

Optimization and Control · Mathematics 2018-05-24 Vsevolod I. Ivanov

In this paper, the asymptotic distributions of estimators for the regularized functional canonical correlation and variates of the population are derived. The method is based on the possibility of expressing these regularized quantities as…

Statistics Theory · Mathematics 2007-11-29 J. Cupidon , D. S. Gilliam , R. Eubank , F. Ruymgaart

We establish differentiability properties of the value function of problems of Static Optimization in an abstract infinite dimensional setting and we apply that to problems of Calculus of Variations. We lighten the assumptions of existing…

Optimization and Control · Mathematics 2021-08-25 Joël Blot , Hasan Yilmaz

In this article, we study optimal investment and consumption in an incomplete stochastic factor model for a power utility investor on the infinite horizon. When the state space of the stochastic factor is finite, we give a complete…

Mathematical Finance · Quantitative Finance 2025-09-12 Florian Gutekunst , Martin Herdegen , David Hobson

We consider Hadamard fractional derivatives and integrals of variable fractional order. A new type of fractional operator, which we call the Hadamard-Marchaud fractional derivative, is also considered. The objective is to represent these…

Classical Analysis and ODEs · Mathematics 2015-03-17 Ricardo Almeida , Delfim F. M. Torres

With the increasing interest in applying the methodology of difference-of-convex (dc) optimization to diverse problems in engineering and statistics, this paper establishes the dc property of many well-known functions not previously known…

Optimization and Control · Mathematics 2019-02-20 Maher Nouiehed , Jong-Shi Pang , Meisam Razaviyayn

Along the optimal trajectory of an optimal control problem constrained by a semilinear parabolic partial differential equation, we prove the differentiability of the value function with respect to the initial condition and, under additional…

Optimization and Control · Mathematics 2025-09-19 Alberto Domínguez Corella , Nicolai Jork , Stefan Volkwein

In this paper, we introduce a new second-order directional derivative and a second-order subdifferential of Hadamard type for an arbitrary nondifferentiable function. We derive several second-order optimality conditions for a local and a…

Optimization and Control · Mathematics 2018-05-24 Vsevolod I. Ivanov

In this paper, we propose a new approach for stochastic control problems arising from utility maximization. The main idea is to directly start from the dynamical programming equation and compute the conditional expectation using a novel…

Mathematical Finance · Quantitative Finance 2022-02-28 Jingtang Ma , Zhengyang Lu , Zhenyu Cui

We study directional differentiability properties of solution operators of rate-independent evolution variational inequalities with full-dimensional convex polyhedral admissible sets. It is shown that, if the space of continuous functions…

Optimization and Control · Mathematics 2026-05-05 Martin Brokate , Constantin Christof
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