Nonlinear expectation
ID: nonlinear-expectation
Nonlinear expectation is a concept in the field of probability theory and stochastic processes that extends the classical notion of expectation (or expected value) by incorporating nonlinear transformations. It is a part of a broader area known as nonlinear probability, which studies situations where traditional linear assumptions about expectations and probability distributions may not hold. In classical probability, the expectation of a random variable is a linear operator.
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