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Recent literature seek to forecast implied volatility derived from equity, index, foreign exchange, and interest rate options using latent factor and parametric frameworks. Motivated by increased public attention borne out of the…

Statistical Finance · Quantitative Finance 2020-09-22 Fearghal Kearney , Han Lin Shang , Lisa Sheenan

This paper addresses the problem of testing for persistence in the effects of the shocks affecting the prices of renewable commodities, which have potential implications on stabilization policies and economic forecasting, among other areas.…

Econometrics · Economics 2024-02-05 Manuel Landajo , María José Presno

Machine learning models have emerged as a very effective strategy to sidestep time-consuming electronic-structure calculations, enabling accurate simulations of greater size, time scale and complexity. Given the interpolative nature of…

Numerous kinds of uncertainties may affect an economy, e.g. economic, political, and environmental ones. We model the aggregate impact by the uncertainties on an economy and its associated financial market by randomised mixtures of L\'evy…

General Finance · Quantitative Finance 2011-12-12 Andrea Macrina , Priyanka A. Parbhoo

Shrinkage estimators of covariance are an important tool in modern applied and theoretical statistics. They play a key role in regularized estimation problems, such as ridge regression (aka Tykhonov regularization), regularized discriminant…

Statistics Theory · Mathematics 2011-05-10 Noureddine El Karoui , Holger Koesters

The a posteriori analysis of the discretization error and the modeling error is studied for a compliance cost functional in the context of the optimization of composite elastic materials and a two-scale linearized elasticity model. A…

Numerical Analysis · Mathematics 2017-03-14 Sergio Conti , Benedict Geihe , Martin Lenz , Martin Rumpf

Robust Bayesian linear regression is a classical but essential statistical tool. Although novel robustness properties of posterior distributions have been proved recently under a certain class of error distributions, their sufficient…

Methodology · Statistics 2025-09-23 Yasuyuki Hamura , Kaoru Irie , Shonosuke Sugasawa

The robustness of machine learning models has been questioned by the existence of adversarial examples. We examine the threat of adversarial examples in practical applications that require lightweight models for one-class classification.…

Machine Learning · Computer Science 2024-07-10 Matthew Lau , Haoran Wang , Alec Helbling , Matthew Hul , ShengYun Peng , Martin Andreoni , Willian T. Lunardi , Wenke Lee

While it is widely acknowledged that system-spanning particulate structures contribute to the observed yield stress and shear-thinning in attractive colloidal gels, a comprehensive understanding of the underlying microscopic mechanisms…

Soft Condensed Matter · Physics 2025-04-08 Rishabh More , Gareth Mckinley

We introduce several methods for assessing sensitivity to unmeasured confounding in marginal structural models; importantly we allow treatments to be discrete or continuous, static or time-varying. We consider three sensitivity models: a…

Methodology · Statistics 2022-10-12 Matteo Bonvini , Edward Kennedy , Valerie Ventura , Larry Wasserman

We consider the dynamics of bodies with "active" microstructure described by vector-valued phase fields. For waves with time-varying amplitude, the associated evolution equation involves a matrix that can be non-normal, depending on the…

Mathematical Physics · Physics 2025-02-18 Michele Benzi , Daniele La Pegna , Paolo Maria Mariano

The robustness of risk measures to changes in underlying loss distributions (distributional uncertainty) is of crucial importance in making well-informed decisions. In this paper, we quantify, for the class of distortion risk measures with…

Risk Management · Quantitative Finance 2023-03-14 Carole Bernard , Silvana M. Pesenti , Steven Vanduffel

For machine learning models to be reliable and trustworthy, their decisions must be interpretable. As these models find increasing use in safety-critical applications, it is important that not just the model predictions but also their…

Machine Learning · Computer Science 2023-12-19 Sandesh Kamath , Sankalp Mittal , Amit Deshpande , Vineeth N Balasubramanian

In both finance and economics, quantitative models are usually studied as isolated mathematical objects --- most often defined by very strong simplifying assumptions concerning rationality, efficiency and the existence of disequilibrium…

General Finance · Quantitative Finance 2010-10-04 Harbir Lamba

In this article we show how to analyze the covariation of bond prices nonparametrically and robustly, staying consistent with a general no-arbitrage setting. This is, in particular, motivated by the problem of identifying the number of…

Statistical Finance · Quantitative Finance 2024-07-01 Dennis Schroers

Algorithms are increasingly common components of high-impact decision-making, and a growing body of literature on adversarial examples in laboratory settings indicates that standard machine learning models are not robust. This suggests that…

Machine Learning · Statistics 2018-11-28 Suproteem K. Sarkar , Kojin Oshiba , Daniel Giebisch , Yaron Singer

Quantization, a commonly used technique to reduce the memory footprint of a neural network for edge computing, entails reducing the precision of the floating-point representation used for the parameters of the network. The impact of such…

Machine Learning · Computer Science 2019-03-27 Abhishek Murthy , Himel Das , Md Ariful Islam

The shearing instability of a dilute granular mixture composed of smooth inelastic hard spheres or disks is investigated. By using the Navier-Stokes hydrodynamic equations, it is shown that the scaled transversal velocity mode exhibits a…

Statistical Mechanics · Physics 2015-06-15 J. Javier Brey , M. J. Ruiz-Montero

We study the mechanical buckling of a two dimensional membrane coated with a thin layer of superfluid. It is seen that a singularity (vortex or anti-vortex defect) in the phase of the quantum order parameter, distorts the membrane metric…

Soft Condensed Matter · Physics 2011-11-21 N. Upadhyaya , V. Vitelli

This chapter presents an introduction to robust statistics with applications of a chemometric nature. Following a description of the basic ideas and concepts behind robust statistics, including how robust estimators can be conceived, the…

Methodology · Statistics 2020-07-01 Peter Filzmoser , Sven Serneels , Ricardo Maronna , Christophe Croux