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Probabilistic risk aversion, defined through quasi-convexity in probabilistic mixtures, is a common useful property in decision analysis. We study a general class of non-monotone mappings, called the generalized rank-dependent functions,…

Theoretical Economics · Economics 2024-09-30 Ruodu Wang , Qinyu Wu

Functional data analysis is becoming increasingly popular to study data from real-valued random functions. Nevertheless, there is a lack of multiple testing procedures for such data. These are particularly important in factorial designs to…

Methodology · Statistics 2024-06-04 Merle Munko , Marc Ditzhaus , Markus Pauly , Łukasz Smaga

The tail of a bivariate distribution function in the domain of attraction of a bivariate extreme-value distribution may be approximated by the one of its extreme-value attractor. The extreme-value attractor has margins that belong to a…

Statistics Theory · Mathematics 2012-05-14 Simon Guillotte , Francois Perron , Johan Segers

We study a random dynamical system such that one transformation is randomly selected from a family of transformations and then applied on each iteration. For such random dynamical systems, we consider estimates of absolutely continuous…

Dynamical Systems · Mathematics 2023-03-20 Tomoki Inoue

Risk and utility functionals are fundamental building blocks in economics and finance. In this paper we investigate under which conditions a risk or utility functional is sensitive to the accumulation of losses in the sense that any…

Risk Management · Quantitative Finance 2024-05-21 Martin Herdegen , Nazem Khan , Cosimo Munari

In this article, we construct empirical likelihood (EL)-weighted estimators of linear functionals of a probability measure in the presence of side information. Motivated by nuisance parameters in semiparametric models with possibly infinite…

Statistics Theory · Mathematics 2023-01-25 Shan Wang , Hanxiang Peng

This is an elementary introduction to infinite-dimensional probability. In the lectures, we compute the exact mean values of some functionals on C[0,1] and L[0,1] by considering these functionals as infinite-dimensional random variables.…

Probability · Mathematics 2017-05-11 Cheng-shi Liu

In this paper we consider a variety of procedures for numerical statistical inference in the family of univariate and multivariate stable distributions. In connection with univariate distributions (i) we provide approximations by finite…

Computation · Statistics 2012-09-04 Efthymios G. Tsionas

Designing reward functions that generalize beyond controlled laboratory settings remains a fundamental challenge in reinforcement learning for robotics. In open-world manipulation problems, a single task can appear in numerous variants…

Robotics · Computer Science 2026-05-22 Tengye Xu , Yangting Sun , Ziju Shen , Guanqi Chen , Zhen Fu , Chen yizhou , Hua Chen , Jia Pan

This work belongs to the framework of inverse problems with linear model. The resolution of this type of problem consists in minimizing (possibly under constraints) a function of discrepancy between the measurements and a physical model of…

Information Theory · Computer Science 2021-09-28 Henri Lantéri

We show that the natural scaling of measurement for a particular problem defines the most likely probability distribution of observations taken from that measurement scale. Our approach extends the method of maximum entropy to use…

Quantitative Methods · Quantitative Biology 2010-03-02 Steven A. Frank , D. Eric Smith

Search trees are fundamental data structures in computer science. We study functionals on random search trees that satisfy recurrence relations of a simple additive form. Many important functionals including the space requirement, internal…

Probability · Mathematics 2007-05-23 Nevin Kapur

Let $(X,{\mathcal A},\mu)$ be a probability space and let $S\colon X\to X$ be a measurable transformation. Motivated by the paper of K. Nikodem [Czechoslovak Math. J. 41(116) (4) (1991) 565--569], we concentrate on a functional equation…

Classical Analysis and ODEs · Mathematics 2018-10-11 Janusz Morawiec , Thomas Zürcher

Inverse optimal control, also known as inverse reinforcement learning, is the problem of recovering an unknown reward function in a Markov decision process from expert demonstrations of the optimal policy. We introduce a probabilistic…

Machine Learning · Computer Science 2012-06-22 Sergey Levine , Vladlen Koltun

Factor analysis, a classical multivariate statistical technique is popularly used as a fundamental tool for dimensionality reduction in statistics, econometrics and data science. Estimation is often carried out via the Maximum Likelihood…

Optimization and Control · Mathematics 2018-01-19 Koulik Khamaru , Rahul Mazumder

We introduce set risk measures (SRMs), real-valued maps defined on the family of non-empty closed bounded sets of essentially bounded random variables. SRMs extend traditional scalar risk measures by assigning a single capital requirement…

Mathematical Finance · Quantitative Finance 2026-05-20 Marcelo Righi , Eduardo Horta , Marlon Moresco

We consider concurrent systems consisting of a finite but unknown number of components, that are replicated instances of a given set of finite state automata. The components communicate by executing interactions which are simultaneous…

Formal Languages and Automata Theory · Computer Science 2019-02-08 Marius Bozga , Radu Iosif , Joseph Sifakis

In this paper we describe a theory of a cumulative distribution function on a space with an order from a probability measure defined in this space. This distribution function plays a similar role to that played in the classical case.…

Probability · Mathematics 2019-04-12 J. F. Gálvez-Rodríguez , M. A. Sánchez-Granero

Motivated by the questions of risk assessment in climatology (temperature change in North America) and medicine (impact of statin usage and COVID-19 on hospitalized patients), we address the problem of estimating the set in the domain of a…

Methodology · Statistics 2025-04-29 Junting Ren , Fabian J. E. Telschow , Armin Schwartzman

It is well known that Expected Shortfall (also called Average Value-at-Risk) is a convex risk measure, i. e. Expected Shortfall of a convex linear combination of arbitrary risk positions is not greater than a convex linear combination with…

Risk Management · Quantitative Finance 2019-10-03 Mikhail Tselishchev