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Monotone homomorphisms on convolution semigroups

Authors :
Fritz, Tobias
Mu, Xiaosheng
Tamuz, Omer
Publication Year :
2019

Abstract

We study monotone homomorphisms on the semigroup of probability measures on $\mathbb{R}$, by which we mean maps to the reals that are monotone with respect to the stochastic order and additive under convolution. We show that scalar multiples of the expectation are the unique monotone homomorphisms on the semigroup of measures with finite $p$-th moment, for any $1 \le p < \infty$. We also prove that the entire semigroup of probability measures admits no non-zero monotone homomorphism.

Details

Database :
arXiv
Publication Type :
Report
Accession number :
edsarx.1912.01733
Document Type :
Working Paper