Papers › Spectral risk-based learning using unbounded losses

Spectral risk-based learning using unbounded losses

11 May 2021arXiv:2105.04816archive 2025-07-28

Matthew J. Holland, El Mehdi Haress

In this work, we consider the setting of learning problems under a wide class of spectral risk (or "L-risk") functions, where a Lipschitz-continuous spectral density is used to flexibly assign weight to extreme loss values. We obtain excess risk guarantees for a derivative-free learning procedure under unbounded heavy-tailed loss distributions, and propose a computationally efficient implementation which empirically outperforms traditional risk minimizers in terms of balancing spectral risk and misclassification error.

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