A modified functional delta method and its application to the estimation of risk functionals

The classical functional delta method (FDM) provides a convenient tool for deriving the asymptotic distribution of statistical functionals from the weak convergence of the respective empirical processes. However, for many interesting functionals depending on the tails of the underlying distribution this FDM cannot be applied since the method typically relies on Hadamard differentiability w.r.t. the uniform sup-norm. In this article, we present a version of the FDM which is suitable also for nonuniform sup-norms, with the outcome that the range of application of the FDM enlarges essentially. On one hand, our FDM, which we shall call the modified FDM, works for functionals that are “differentiable” in a weaker sense than Hadamard differentiability. On the other hand, it requires weak convergence of the empirical process w.r.t. a nonuniform sup-norm. The latter is not problematic since there exist strong respective results on weighted empirical processes obtained by Shorack and Wellner (1986) [25], Shao and Yu (1996) [23], Wu (2008) [32], and others. We illustrate the gain of the modified FDM by deriving the asymptotic distribution of plug-in estimates of popular risk measures that cannot be treated with the classical FDM.     

Sequences generating permutations

Linear recurring sequences generating permutations of the elements of a finite ring are introduced and examined. A complete answer to the discussed problems is given for the second-order sequences over Z_M. The possibilities for applications are also discussed.     

Independence polynomials of k-tree related graphs

An independent set of a graph G is a set of pairwise non-adjacent vertices. Let α(G) denote the cardinality of a maximum independent set and f_s(G) for 0≤s≤α(G) denote the number of independent sets of s vertices. The independence polynomial defined first by Gutman and Harary has been the focus of considerable research recently. Wingard bounded the coefficients f_s(T) for trees T with n vertices: for s≥2. We generalize this result to bounds for a very large class of graphs, maximal k-degenerate graphs, a class which includes all k-trees. Additionally, we characterize all instances where our bounds are achieved, and determine exactly the independence polynomials of several classes of k-tree related graphs. Our main theorems generalize several related results known before.     

New notions in derived categories of local rings

In the derived category of a local commutative noetherian ring, we define irreducible chain complexes, atomic chain complexes, minimal atomic chain complexes and chain complexes having no mod m detectable homology. Also, we define nuclear chain complexes and core of chain complexes. After defining these notions, we establish the connection between them.     

Kripke models for classical logic

We introduce a notion of the Kripke model for classical logic for which we constructively prove the soundness and cut-free completeness. We discuss the novelty of the notion and its potential applications.     

Coexistence in a competitor–competitor–mutualist model

This paper is concerned with a system modeling a competitor–competitor–mutualist three-species Lotka–Volterra model. By Schauder fixed point theory, the existence of positive solutions to a strongly coupled elliptic system is given. Applying the method of upper and lower solutions and its associated monotone iterations, the true solutions are constructed and a numerical simulation is also presented. Our results show that this system possesses at least one coexistence state if cross-diffusions and cross-reactions are weak.     

The limiting behavior of the value-function for variational problems arising in continuum mechanics

In this paper we study the limiting behavior of the value-function for one-dimensional second order variational problems arising in continuum mechanics. The study of this behavior is based on the relation between variational problems on bounded large intervals and a limiting problem on [0,∞)$[0,\infty )$.     

Regular variation on measure chains

In this paper we show how the recently introduced concept of regular variation on time scales (or measure chains) is related to a Karamata type definition. We also present characterization theorems and an embedding theorem for regularly varying functions defined on suitable subsets of reals. We demonstrate that for a “reasonable” theory of regular variation on time scales, certain additional condition on a graininess is needed, which cannot be omitted. We establish a number of elementary properties of regularly varying functions. As an application, we study the asymptotic properties of solution to second order dynamic equations.     

Structure of approximate solutions for discrete-time control systems arising in economic dynamics

In this work we study the structure of approximate solutions of an autonomous discrete-time control system with a compact metric space of states X which is a subset of a finite-dimensional Euclidean space. This control system is described by a nonempty closed set Ω⊂X×X which determines a class of admissible trajectories (programs) and by a bounded upper semicontinuous function v:Ω→R¹ which determines an optimality criterion. We are interested in turnpike properties of the approximate solutions which are independent of the length of the interval, for all sufficiently large intervals. Usually, in economic dynamics, the turnpike properties have been studied for systems such that all their good programs converge to a turnpike which was an interior point of Ω. In this paper we establish turnpike results for a large class of control systems for which the turnpike is not necessarily an interior point of Ω.