We develop a theory for solving continuous time optimal stopping problems for non-linear expectations. Our motivation is to consider problems in which the stopper uses risk measures to evaluate future rewards....
15 hours ago · Internal expectations for Luisangel Acuña are rising quickly this spring, but it’s fair to question whether the White Sox are asking too much.
We introduce a new class of Monte Carlo methods, which we call exact estimation algorithms. Such algorithms provide unbiased estimators for equilibrium expectations associated with real- valued functionals defined on a Markov chain. We provide easily...
I review the predictions and expectations of the CKM model for CP violation in both the $K^0-\bar K^0$ and $B^0-\bar B^0$ systems. A brief discussion of CP violation in charged $K$- and $B$-decays is also included, as well as some remarks on the el...
When the performance of a team of agents exceeds our expectations or fall short of them, we often explain this by saying that there was some synergy in the team---either positive (the team exceeded our expectations) or negative (they fell short). Our...
In this paper, we forecast euro area inflation and its main components using an econometric model which exploits a massive number of time series on survey expectations for the European Commission's Business and Consumer Survey. To make estimation of...
Everyone is trying to build up huge expectations for who will win the "Last Time Is Now" tournament. Holding out hope for a returning legend or sometime with history with Cena for a battle of the ages...
Providing unexpected recommendations is an important task for recommender systems. To do this, we need to start from the expectations of users and deviate from these expectations when recommending items. Previously proposed approaches model user expe...
We show that the standard computational pipeline of probabilistic programming systems (PPSs) can be inefficient for estimating expectations and introduce the concept of expectation programming to address this. In expectation programming, the aim of t...
We prove that a g-expectation is a Choquet expectation if and only if g is independent of y and is linear in z, i.e., classical linear expectation, without the assumptions that the deterministic generator g is continuous in t and the dimension of t...
We present a weakest-precondition-style calculus for reasoning about the expected values (pre-expectations) of \emph{mixed-sign unbounded} random variables after execution of a probabilistic program. The semantics of a while-loop is well-defined as t...
This paper studies whether and how differently projected information about the impact of the Covid-19 pandemic affects individuals' prosocial behavior and expectations on future outcomes. We conducted an online experiment with British participants (N...
The rapid evolution of large language models (LLMs) creates complex bidirectional expectations between users and AI systems that are poorly understood. We introduce the concept of "mutual wanting" to analyze these expectations during major model tran...
In this paper I describe how miscommunication problems are dealt with in the spoken language system DIALOGOS. The dialogue module of the system exploits dialogic expectations in a twofold way: to model what future user utterance might be about (pre...
In this paper, we obtain a comparison theorem and a invariant representation theorem for backward stochastic differential equations (BSDEs) without any assumption on the second variable $z$. Using the two results, we further develop the theory of $g$...
Patients' expectations towards their treatment have a substantial effect on the treatments' success. While primarily studied in clinical settings, online patient platforms like medical subreddits may hold complementary insights: treatment expectation...
Social order cannot be considered as a stable phenomenon because it contains an order of reproduced expectations. When the expectations operate upon one another, they generate a non-linear dynamics that processes meaning. Specific meaning can be st...
We study the accuracy of job seekers' wage expectations by comparing subjective beliefs to objective benchmarks using linked administrative and survey data. Our findings show that especially job seekers with low objective earnings potential and those...