Books review: ''Advances in Mathematical Finance'' by M.C. Fu, R.A. Jarrow, Ju-Yi J. Yen and R.J. Elliott, eds.
Book review: Handbook of Brownian Motion - Facts and Formulae. Second Edition by A.N. Borodin, P. Salminen
Book review: "Statistical Data Analysis Based on the L1-Norm and Related Methods" by Ydolah Dodge, ed.
Book reviews: ''Point process theory and applications. Marked point and piecewise deterministic processes'' by Martin Jacobsen
A note on stochastic ordering of estimators of exponential reliability
Recently Balakrishnan and Iliopoulos [Ann. Inst. Statist. Math. 61 (2009)] gave sufficient conditions under which the maximum likelihood estimator (MLE) is stochastically increasing. In this paper we study test plans which are not considered there and we prove that the MLEs for those plans are also stochastically ordered. We also give some applications to the estimation of reliability.
Stochastic comparisons of moment estimators of gamma distribution parameters
Recently the order preserving property of estimators has been intensively studied, e.g. by Gan and Balakrishnan and collaborators. In this paper we prove the stochastic monotonicity of moment estimators of gamma distribution parameters using the standard coupling method and majorization theory. We also give some properties of the moment estimator of the shape parameter and derive an approximate confidence interval for this parameter.
Poincaré inequalities and rigidity for actions on Banach spaces
The aim of this paper is to extend the framework of the spectral method for proving property (T) to the class of reflexive Banach spaces and present a condition implying that every affine isometric action of a given group on a reflexive Banach space has a fixed point. This last property is a strong version of Kazhdan’s property (T) and is equivalent to the fact that for every isometric representation of on . The condition is expressed in terms of -Poincaré constants and we provide examples...
A fuzzy approach to option pricing in a Levy process setting
In this paper the problem of European option valuation in a Levy process setting is analysed. In our model the underlying asset follows a geometric Levy process. The jump part of the log-price process, which is a linear combination of Poisson processes, describes upward and downward jumps in price. The proposed pricing method is based on stochastic analysis and the theory of fuzzy sets. We assume that some parameters of the financial instrument cannot be precisely described and therefore they are...
Generalized versions of MV-algebraic central limit theorems
MV-algebras can be treated as non-commutative generalizations of boolean algebras. The probability theory of MV-algebras was developed as a generalization of the boolean algebraic probability theory. For both theories the notions of state and observable were introduced by abstracting the properties of the Kolmogorov's probability measure and the classical random variable. Similarly, as in the case of the classical Kolmogorov's probability, the notion of independence is considered. In the framework...
On the homotopy equivalence of the spaces of proper and local maps
We prove that for n > 1 the space of proper maps P 0(n, k) and the space of local maps F 0(n, k) are not homotopy equivalent.
Gradient otopies of gradient local maps
We introduce various classes of local maps: gradient, gradient-like, proper etc. We prove Parusiński's theorem for otopy classes of gradient local maps.
Monotonicity of Bayes estimators
Let X=(X₁,..., Xₙ) be a sample from a distribution with density f(x;θ), θ ∈ Θ ⊂ ℝ. In this article the Bayesian estimation of the parameter θ is considered. We examine whether the Bayes estimators of θ are pointwise ordered when the prior distributions are partially ordered. Various cases of loss function are studied. A lower bound for the survival function of the normal distribution is obtained.
On coarse embeddability into -spaces and a conjecture of Dranishnikov
We show that the Hilbert space is coarsely embeddable into any for 1 ≤ p ≤ ∞. It follows that coarse embeddability into ℓ₂ and into are equivalent for 1 ≤ p < 2.
Hilbert C*-modules and amenable actions
We study actions of discrete groups on Hilbert C*-modules induced from topological actions on compact Hausdorff spaces. We show non-amenability of actions of non-amenable and non-a-T-menable groups, provided there exists a quasi-invariant probability measure which is sufficiently close to being invariant.
Sequences of fixed point indices of iterations in dimension 2.
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