Results 131 to 140 of about 72,789 (297)
Dunkl Generalization of q-Parametric Szasz-Mirakjan Operators
International Journal of Analysis and Applications, 2017 In this paper, we construct q-parametric Szász-Mirakjan operators generated by the q-Dunkl generalization of the exponential function. We obtain Korovkin’s type approximation theorem and compute convergence of these operators by using the modulus of ...
M. Mursaleen +2 more
doaj +2 more sources
Hölder and Lipschitz continuity of the solutions to parabolic equations of the non-divergence type [PDF]
, 2016 Seiichiro Kusuoka
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Robust Bernoulli Mixture Models for Credit Portfolio Risk
Mathematical Finance, EarlyView.ABSTRACT This paper presents comparison results and establishes risk bounds for credit portfolios within classes of Bernoulli mixture models, assuming conditionally independent defaults that are stochastically increasing in a common risk factor. We provide simple and interpretable conditions on conditional default probabilities that imply a comparison ...
Jonathan Ansari, Eva Lütkebohmert
wiley +1 more source
LIPSCHITZ CONTINUITY OF AN APPROXIMATE SOLUTION MAPPING TO EQUILIBRIUM PROBLEMS [PDF]
, 2012 X. B. Li, S. J. Li, C. R. Chen
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Reinforcement Learning for Jump‐Diffusions, With Financial Applications
Mathematical Finance, EarlyView.ABSTRACT We study continuous‐time reinforcement learning (RL) for stochastic control in which system dynamics are governed by jump‐diffusion processes. We formulate an entropy‐regularized exploratory control problem with stochastic policies to capture the exploration–exploitation balance essential for RL.
Xuefeng Gao, Lingfei Li, Xun Yu Zhou
wiley +1 more source
Is Lipschitz Continuity Preserved under Sampled-Data Discretization? [PDF]
, 2016 Masoud Abbaszadeh
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Never, Ever Getting Started: On Prospect Theory Without Commitment
Mathematical Finance, EarlyView.ABSTRACT Prospect theory is arguably the most prominent alternative to expected utility theory. We study the investment or gambling behavior of a prospect theory decision maker who is aware of his time‐inconsistency but lacks commitment. For the empirically relevant prospect theory specifications, we obtain the extreme prediction that such a decision ...
Sebastian Ebert, Philipp Strack
wiley +1 more source
Aubry-Mather theory and Lipschitz continuity of the time separation [PDF]
, 2011 Stefan Suhr
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Mathematical Finance, EarlyView.ABSTRACT This study develops a novel multivariate stochastic framework for assessing systemic risks, such as climate and nature‐related shocks, within production or financial networks. By embedding a linear stochastic fluid network, interpretable as a generalized vector Ornstein–Uhlenbeck process, into the production network of interdependent ...
Giovanni Amici +3 more
wiley +1 more source