2 papers
q-fin.RM2026
Coherent estimation of risk measures
Martin Aichele, Igor Cialenco, Damian Jelito +1
We develop a statistical framework for risk estimation, inspired by the axiomatic theory of risk measures. Coherent risk estimators -- functionals of P\&L samples inheriting the ec…
q-fin.PM2026
Robo-Advising in Motion: A Model Predictive Control Approach
Tomasz R. Bielecki, Igor Cialenco
Robo-advisors (RAs) are automated portfolio management systems that complement traditional financial advisors by offering lower fees and smaller initial investment requirements. Wh…