I am reading a paper which references an outcome $Y_i$ for individual $i$. There is an associated function $h_i(y) = 1\{Y_i \leq y\}$, which is taken in expectation over all $i$. Is $h_i(y)$ just an indicator of whether $Y_i \leq y$?
2026-04-24 09:23:27.1777022607
Probability Notation $1\{Y_i \leq y\}$
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Yes it is a common notation in probability literature for the indicator function of a given event. Typical variant: $\mathbb{1}_A$ for some event $A$.