Convex functions on dual Orlicz spaces

DOI10.1007/S11117-019-00651-XMaRDI QIDQ2328997zbMATH OpenOpenAlexWikidataFDO

Authors Keita Owari, Freddy Delbaen

Publication date 17 October 2019

Published in Positivity (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1611.06218

zbMATH Keywords

convex functionsKomlós's theoremMackey topologyorder closed setsOrlicz spacesrisk measures

Mathematics Subject Classification ID

Spaces of measurable functions ((L^p)-spaces, Orlicz spaces, Köthe function spaces, Lorentz spaces, rearrangement invariant spaces, ideal spaces, etc.) (46E30) Applications of functional analysis in optimization, convex analysis, mathematical programming, economics (46N10) Statistical methods; risk measures (91G70) Financial applications of other theories (91G80)

Abstract: In the dual $L_{Ph{i}^{\ast }}$ of a $Delt{a}_2$-Orlicz space $L_{P}hi$, that we call a dual Orlicz space, we show that a proper (resp. finite) convex function is lower semicontinuous (resp. continuous) for the Mackey topology $au(L_{Ph{i}^{\ast }},L_{P}hi)$ if and only if on each order interval $[-zeta,zeta]=xi:-zetaleqxileqzeta$ ($zetain{L}_{Ph{i}^{\ast }}$), it is lower semicontinuous (resp. continuous) for the topology of convergence in probability. For this purpose, we provide the following Koml'os type result: every norm bounded sequence $(x{i}_n{)}_n$ in $L_{Ph{i}^{\ast }}$ admits a sequence of forward convex combinations $$ such that $$ and $$ converges a.s.

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Cited in

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• An analytical study of norms and Banach spaces induced by the entropic value-at-risk
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