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Universal Approximation Theorems for Spectral Decision Functionals

Dr. Tamás Nagy Updated 2026-03-16 21:20 Short Draft Formal Verification Lean-Verified
Mathematics verified. Core theorems are machine-checked in Lean 4. Prose and presentation may not have been human-reviewed.
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Abstract

We prove universal approximation results for a broad class of decision functionals represented in spectral coordinates. The theorem characterizes expressivity in terms of basis regularity, coefficient decay, and functional smoothness, and provides quantitative approximation rates. This establishes a common approximation backbone for risk, allocation, and control functionals.

Length
1,926 words
Claims
4 theorems
Status
Draft

Novelty

Lifts classical CDF-level spectral (COS) approximation guarantees to the level of decision functionals (risk measures, pricing maps, allocation rules) via Lipschitz transfer, giving explicit rates rather than mere density results.

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