Document Type
Article
Publication Date
11-1-2017
Abstract
Let C be an open cone in a Banach space equipped with the Thompson metric with closure a normal cone. The main result gives sufficient conditions for Borel probability measures μ,ν on C with finite first moment for which μ≤ν in the stochastic order induced by the cone to be order approximated by sequences {μn}, {νn} of uniform finitely supported measures in the sense that μn≤νn for each n and μn→μ, νn→ν in the Wasserstein metric. This result is the crucial tool in developing a pathway for extending various inequalities on operator and matrix means, which include the harmonic, geometric, and arithmetic operator means on the cone of positive elements of a C⁎-algebra, to the space P1(C) of Borel measures of finite first moment on C. As an illustrative and important particular application, we obtain the monotonicity of the Karcher geometric mean on P1(A+) for the positive cone A+ of a C⁎-algebra A.
Publication Source (Journal or Book title)
Journal of Mathematical Analysis and Applications
First Page
167
Last Page
179
Recommended Citation
Lawson, J. (2017). Ordered probability spaces. Journal of Mathematical Analysis and Applications, 455 (1), 167-179. https://doi.org/10.1016/j.jmaa.2017.05.046