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.
Articles by others on the same topic
There are currently no matching articles.