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We introduce a new notion of conditional nonlinear expectation under probability distortion. Such a distorted nonlinear expectation is not sub-additive in general, so it is beyond the scope of Peng's framework of nonlinear expectations. A…

Mathematical Finance · Quantitative Finance 2020-06-29 Jin Ma , Ting-Kam Leonard Wong , Jianfeng Zhang

A non-Euclidean generalization of conditional expectation is introduced and characterized as the minimizer of expected intrinsic squared-distance from a manifold-valued target. The computational tractable formulation expresses the…

Mathematical Finance · Quantitative Finance 2018-09-07 Anastasis Kratsios , Cody B. Hyndman

This paper addresses both necessary and relevant sufficient extremum conditions for a variational problem defined by a smooth Lagrangian, involving higher derivatives of several variable vector valued functions. A general formulation of…

Mathematical Physics · Physics 2011-07-28 Mahouton Norbert Hounkonnou , Pascal Dkengne Sielenou

We discuss the extent to which it is necessary to include higher-derivative operators in the effective field theory of general scalar-tensor theories. We explore the circumstances under which it is correct to restrict to second-order…

High Energy Physics - Theory · Physics 2018-02-28 Adam R. Solomon , Mark Trodden

We obtain approximation formulas for fractional integrals and derivatives of Riemann-Liouville and Marchaud types with a variable fractional order. The approximations involve integer-order derivatives only. An estimation for the error is…

Classical Analysis and ODEs · Mathematics 2013-10-29 Ricardo Almeida , Delfim F. M. Torres

In this paper, some various partial normality classes of weighted conditional expectation type operators on L2() are investigated. Also, some applications of weak hyponormal weighted conditional type operators are pre- sented.

Functional Analysis · Mathematics 2013-09-17 Yousef Estaremi

Stability of linear systems with uncertain bounded time-varying delays is studied under assumption that the nominal delay values are not equal to zero. An input-output approach to stability of such systems is known to be based on the bound…

Optimization and Control · Mathematics 2007-05-23 Eugenii Shustin , Emilia Fridman

Generalized conditional expectations, optional projections and predictable projections of stochastic processes play important roles in the general theory of stochastic processes, semimartingale theory and stochastic calculus. They share…

Probability · Mathematics 2014-03-25 Liang Hong

We present a simple approach to forecasting conditional probability distributions of asset returns. We work with a parsimonious specification of ordered binary choice regression that imposes a connection on sign predictability across…

Statistical Finance · Quantitative Finance 2019-01-08 Stanislav Anatolyev , Jozef Barunik

This paper presents some of the basic properties of conditioned observables in finite-dimensional quantum mechanics. We begin by defining the sequential product of quantum effects and use this to define the sequential product of two…

Quantum Physics · Physics 2020-05-12 Stan Gudder

We extend the concept of conditional supremum to the measure-free setting of Riesz spaces via the conditional expectation operator. We explore its properties and show how this tool is crucial in generalizing various results across multiple…

Functional Analysis · Mathematics 2023-03-20 Youssef Azouzi , Mohamed Amine Ben Amor , Dorsaf Cherif , Marwa Masmoudi

Neural operators have shown promise in solving many types of Partial Differential Equations (PDEs). They are significantly faster compared to traditional numerical solvers once they have been trained with a certain amount of observed data.…

Numerical Analysis · Mathematics 2025-02-18 Guanhang Lei , Zhen Lei , Lei Shi

An equational axiomatisation of probability functions for one-dimensional event spaces in the language of signed meadows is expanded with conditional values. Conditional values constitute a so-called signed vector meadow. In the presence of…

Logic · Mathematics 2019-05-28 Jan A. Bergstra

A joint conditional autoregressive expectile and Expected Shortfall framework is proposed. The framework is extended through incorporating a measurement equation which models the contemporaneous dependence between the realized measures and…

Risk Management · Quantitative Finance 2019-06-25 Chao Wang , Richard Gerlach

We consider second-order evolution equations in an abstract setting with intermittently delayed/ not-delayed damping. We give sufficient conditions for asymptotic and exponential stability, improving and generalising our previous results…

Analysis of PDEs · Mathematics 2015-06-17 Serge Nicaise , Cristina Pignotti

We give H\"older's inequalities for integral and conditional expectation involving the infinite product. Moreover, a generalized Doob maximal operator is introduced and weighted inequalities for the operator are established.

Classical Analysis and ODEs · Mathematics 2016-06-29 Wei Chen , Longbin Jia , Yong Jiao

In this paper, in terms of three types of generalized second-order derivatives of a nonsmooth function, we mainly study the corresponding second-order optimality conditions in a Hilbert space and prove the equivalence among these optimality…

Optimization and Control · Mathematics 2016-07-25 Zhou Wei , Jen-Chih Yao

We characterize generalized derivatives of the solution operator of the obstacle problem. This precise characterization requires the usage of the theory of so-called capacitary measures and the associated solution operators of relaxed…

Optimization and Control · Mathematics 2018-06-14 Anne-Therese Rauls , Gerd Wachsmuth

The aim of the paper is firstly to study domains of definitions in terms of boundary conditions of minimal and maximal operators, as well as selfadjoint extensions of a minimal operator associated with the fourth-order differential operator…

Functional Analysis · Mathematics 2022-03-31 Nigar Aslanova , Kh. Aslanov

We investigate to which extent the relevant features of (static) Systemic Risk Measures can be extended to a conditional setting. After providing a general dual representation result, we analyze in greater detail Conditional Shortfall…

Mathematical Finance · Quantitative Finance 2021-05-12 Alessandro Doldi , Marco Frittelli