Seminar 217, Risk Management: On extended admissible decision procedures and their nonstandard Bayes risk (Online)
Mar 30, 2021, 11:00 AM - 12:30 PM | Online | Happening As Scheduled
Haosui (Kevin) Duanmu, UC Berkeley (Speaker)
ABSTRACT: Nonstandard analysis, a powerful machinery derived from mathematical logic, has had many applications in probability theory as well as stochastic processes. Nonstandard analysis allows construction of a single object—a hyperfinite probability space—which satisfies all the first order logical properties of a finite probability space, but which can be simultaneously viewed as a...