ar X iv : 0 80 2 . 11 21 v 1 [ m at h . PR ] 8 F eb 2 00 8 Representation of the penalty term of dynamic concave utilities

نویسندگان

  • Freddy Delbaen
  • Shige Peng
چکیده

In this paper we will provide a representation of the penalty term of general dynamic concave utilities (hence of dynamic convex risk measures) by applying the theory of g-expectations.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

4 M ar 2 00 9 Representation of the penalty term of dynamic concave utilities

In the context of a Brownian filtration and with a fixed finite time horizon, we will provide a representation of the penalty term of general dynamic concave utilities (hence of dynamic convex risk measures) by applying the theory of g-expectations.

متن کامل

ar X iv : 0 80 4 . 34 08 v 1 [ m at h . A P ] 2 1 A pr 2 00 8 SMOOTHNESS OF LIPSCHITZ MINIMAL INTRINSIC GRAPHS IN HEISENBERG GROUPS

We prove that Lipschitz intrinsic graphs in the Heisenberg groups H , with n > 1, which are vanishing viscosity solutions of the minimal surface equation are smooth.

متن کامل

ar X iv : 0 80 1 . 37 54 v 2 [ m at h . A G ] 9 J ul 2 00 8 Representation of nonnegative convex polyno - mials

We provide a specific representation of convex polynomials nonnegative on a convex (not necessarily compact) basic closed semi-algebraic set K ⊂ Rn. Namely, they belong to a specific subset of the quadratic module generated by the concave polynomials that define K. Mathematics Subject Classification (2000). Primary 14P10; Secondary 11E25 12D15 90C25.

متن کامل

ar X iv : 0 80 2 . 04 53 v 1 [ m at h - ph ] 4 F eb 2 00 8 1 Essential Spectrum of Multiparticle Brown – Ravenhall Operators in External Field

The essential spectrum of multiparticle Brown– Ravenhall operators is characterized in terms of two–cluster decompositions for a wide class of external fields and interparticle interactions and for the systems with prescribed symmetries. 2000 Mathematics Subject Classification: 81V55, 81Q10

متن کامل

ar X iv : 0 80 2 . 10 79 v 1 [ m at h . C A ] 8 F eb 2 00 8 p - ADIC MULTIRESOLUTION ANALYSIS AND WAVELET FRAMES

We study p-adic multiresolution analyses (MRAs). A complete characterisation of test functions generating MRAs (scaling functions) is given. We prove that only 1-periodic test functions may be taken as orthogonal scaling functions. We also suggest a method for the construction of wavelet functions and prove that any wavelet function generates a p-adic wavelet frame.

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2008