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Notes on optimal transport
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Robust Risk Under Evolving Uncertainty: A Wasserstein Counterpart of the Entropic Value-at-Risk
The authors propose a new risk measure called the Wasserstein entropic value-at-risk (WEVAR). This measure is designed to address the limitations of the traditional entropic value-at-risk, particularly in terms of…
Robust Risk Under Evolving Uncertainty: A Wasserstein Counterpart of the Entropic Value-at-Risk
The authors propose a new risk measure called Wasserstein Entropic Value-at-Risk (WEVaR). This measure is designed to help an agent navigate uncertain environments by being cautious when it's unsure and bold when it's…
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