Optimal volume-corrected laplace-metropolis method

The article provides a refinement for the volume-corrected Laplace-Metropolis estimator of the marginal likelihood of DiCiccioet al. The correction volume of probability α in DiCiccioet al. is fixed and suggested to take the value α=0.05. In this article α is selected based on an asymptotic analysis to minimize the mean square relative error (MSRE). This optimal choice of α is shown to be invariant under linear transformations. The invariance property leads to easy implementation for multivariate problems. An implementation procedure is provided for practical use. A simulation study and a real data example are presented.     

The Dual Properties of Lk-UR and k-SS Space

In this paper, we get some properties in the dual space of Lk-UR and k-SS Banach space.AMS Subject Classification: 46B09     

Ideals and Subalgebras in BCI-Algebras

We prove that there exists a maximal ideal of a BCI-algebra X in which each subalgebra is an ideal.AMS Subject Classification (1991): 06F35, 03G25.The second author was supported by the LG Yonam Foundation (1995).     

The components of the Wired Spanning Forest are recurrent

 We show that a.s. all of the connected components of the Wired Spanning Forest are recurrent, proving a conjecture of Benjamini, Lyons, Peres and Schramm. Our analysis relies on a simple martingale involving the effective conductance between the endpoints of an edge in a uniform spanning tree. We believe that this martingale is of independent interest and will find further applications in the study of uniform spanning trees and forests. Received: 20 April 2001 / Revised version: 23 July 2002 / Published online: 14 November     

Nonvanishing derivatives and normal families

We consider the differential operators Ψ _k , defined by Ψ₁(y) =y and Ψ _k+1(y)=yΨ _k y+d/dz(Ψ _k (y)) fork ∈ ℕ fork∈ ℕ. We show that ifF is meromorphic in ℂ and Ψ _k F has no zeros for somek≥3, and if the residues at the simple poles ofF are not positive integers, thenF has the formF(z)=((k-1)z+a)/(z ²+β z+γ) orF(z)=1/(az+β) where α, β, γ ∈ ℂ. If the residues at the simple poles ofF are bounded away from zero, then this also holds fork=2. We further show that, under suitable additional conditions, a family of meromorphic functionsF is normal if each Ψ _k (F) has no zeros. These conditions are satisfied, in particular, if there exists δ>0 such that Re (Res(F, a)) <−δ for all polea of eachF in the family. Using the fact that Ψ _k (f ^′/f) =f ^(k)/f, we deduce in particular that iff andf ^(k) have no zeros for allf in some familyF of meromorphic functions, wherek≥2, then {f ^′/f :f ∈F} is normal. The first author is supported by the German-Israeli Foundation for Scientific Research and Development G.I.F., G-643-117.6/1999, and INTAS-99-00089. The second author thanks the DAAD for supporting a visit to Kiel in June–July 2002. Both authors thank Günter Frank for helpful discussions.     

On a compromise social choice correspondence

This paper analyzes the compromise social choice correspondence derived from the τ-value of digraph games. Monotonicity of this correspondence is shown. A connection between several properties of social choice correspondences based on game theoretical solutions and game theoretical properties of the underlying solutions is given. Applications to several game theoretic solutions are provided.     

Non-existence of phase transition of oriented percolation on Sierpinski carpet lattices

 A percolation problem on Sierpinski carpet lattices is considered. It is obtained that the critical probability of oriented percolation is equal to 1. In contrast it was already shown that the critical probability p _c of percolation is strictly less than 1 in Kumagai [9]. This result shows a difference between fractal-like lattice and ℤ ^d lattice. Received: 15 May 2002 / Revised version: 11 October 2002 / Published online: 21 February 2003 Mathematics Subject Classification (2000): Primary: 60K35, 82B43; Secondary: 82B26     

Stability of Markovian structure observed in high frequency foreign exchange data

Contrary to the common sense in economics and financial engineering, price fluctuations at very fine level of motion exhibit various evidences against the efficient market hypothesis. We attempt to investigate this issue by studying extensive amount of foreign currency exchange data for over five years at the finest level of resolution. We specifically focus on the proposed stability in binomial conditional probabilities originally found in much smaller examples of financial time series. In order to handle very large data, we have written an efficient program in C that automatically generates those conditional probabilities. It is found that the stability is maintained for extremely large time duration that covers almost the entire period. Based on the length of conditions for which the conditional probabilities are distinguishable each other, we identify the length of memory being less than 3 movements.     

An additive problem in the Fourier coefficients of cusp forms

 We establish an estimate on sums of shifted products of Fourier coefficients coming from holomorphic or Maass cusp forms of arbitrary level and nebentypus. These sums are analogous to the binary additive divisor sum which has been studied extensively. As an application we derive, extending work of Duke, Friedlander and Iwaniec, a subconvex estimate on the critical line for L-functions associated to character twists of these cusp forms. Received: 2 October 2001 / Revised version: 9 September 2002 / Published online: 28 March 2003 Mathematics Subject Classification (2000): Primary 11F30, 11F37; Secondary 11M41.     

Ordinary differential operators in Hilbert spaces and Fredholm pairs

Let be a path of bounded operators on a real Hilbert space, hyperbolic at . We study the Fredholm theory of the operator . We relate the Fredholm property of to the stable and unstable linear spaces of the associated system . Several examples are included to point out the differences with respect to the finite dimensional case, in particular concerning the role of the spectral flow. We define a general class of paths A for which many properties typical of the finite dimensional framework still hold. Our motivation is to develop the linear theory which is necessary for the set-up of Morse homology on Hilbert manifolds. Received: 9 March 2001; in final form: 1 March 2002 / Published online: 2 December 2002