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The role of skill (fitness) and luck (randomness) as driving forces on the dynamics of resource accumulation in a myriad of systems have long puzzled scientists. Fueled by undisputed inequalities that emerge from actual competitions, there…

Physics and Society · Physics 2015-12-09 Bo Jiang , Liyuan Sun , Daniel R. Figueiredo , Bruno Ribeiro , Don Towsley

Many schools in large urban districts have more applicants than seats. Centralized school assignment algorithms ration seats at over-subscribed schools using randomly assigned lottery numbers, non-lottery tie-breakers like test scores, or…

Econometrics · Economics 2021-01-05 Atila Abdulkadiroglu , Joshua D. Angrist , Yusuke Narita , Parag Pathak

We present an extensive statistical analysis of the results of all sports competitions in five major sports leagues in England and the United States. We characterize the parity among teams by the variance in the winning fraction from…

Physics and Society · Physics 2007-05-23 E. Ben-Naim , F. Vazquez , S. Redner

The leaderboard in machine learning competitions is a tool to show the performance of various participants and to compare them. However, the leaderboard quickly becomes no longer accurate, due to hack or overfitting. This article gives two…

Machine Learning · Statistics 2017-06-08 Wenjie Zheng

In this paper, we penalised the standard random walk by several functions of its maximum. The aim is to show that in spite of very close penalisation functions, under the new probabilities, the canonical process behaves very differently.

Probability · Mathematics 2010-12-15 Pierre Debs

Scoring models support decision-making in financial institutions. Their estimation and evaluation are based on the data of previously accepted applicants with known repayment behavior. This creates sampling bias: the available labeled data…

A central problem in business concerns the optimal allocation of limited resources to a set of available tasks, where the payoff of these tasks is inherently uncertain. In credit card fraud detection, for instance, a bank can only assign a…

Machine Learning · Computer Science 2022-02-10 Toon Vanderschueren , Bart Baesens , Tim Verdonck , Wouter Verbeke

We consider the problem of estimating a structured multivariate density, subject to Markov conditions implied by an undirected graph. In the worst case, without Markovian assumptions, this problem suffers from the curse of dimensionality.…

Machine Learning · Statistics 2024-10-11 Robert A. Vandermeulen , Wai Ming Tai , Bryon Aragam

A common approach to statistical learning with big-data is to randomly split it among $m$ machines and learn the parameter of interest by averaging the $m$ individual estimates. In this paper, focusing on empirical risk minimization, or…

Machine Learning · Statistics 2016-06-14 Jonathan Rosenblatt , Boaz Nadler

In the double rank analysis of research publications, the local rank position of a country or institution publication is expressed as a function of the world rank position. Excluding some highly or lowly cited publications, the double rank…

Digital Libraries · Computer Science 2018-02-07 Ricardo Brito , Alonso Rodriguez-Navarro

The Josephus problem is a well--studied elimination problem consisting in determining the position of the survivor after repeated applications of a deterministic rule removing one person at a time from a given group. A natural probabilistic…

Probability · Mathematics 2024-09-25 Faustin Adiceam , Steven Robertson , Victor Shirandami , Ioannis Tsokanos

Ladder tournaments are widely used to rank individuals in real-world organizations and games. Their mathematical properties however are still poorly understood. We formalize the ranking rule generated by a ladder tournament, and we show…

Combinatorics · Mathematics 2015-07-07 Roland Pongou , Bertrand Tchantcho , Narcisse Tedjeugang

When solving large scale semidefinite programs that admit a low-rank solution, an efficient heuristic is the Burer-Monteiro factorization: instead of optimizing over the full matrix, one optimizes over its low-rank factors. This reduces the…

Optimization and Control · Mathematics 2019-11-15 Irène Waldspurger , Alden Waters

The two-sample problem, which consists in testing whether independent samples on $\mathbb{R}^d$ are drawn from the same (unknown) distribution, finds applications in many areas. Its study in high-dimension is the subject of much attention,…

Statistics Theory · Mathematics 2023-02-09 Stephan Clémençon , Myrto Limnios , Nicolas Vayatis

In a binary classification problem where the goal is to fit an accurate predictor, the presence of corrupted labels in the training data set may create an additional challenge. However, in settings where likelihood maximization is poorly…

Statistics Theory · Mathematics 2021-06-18 Yonghoon Lee , Rina Foygel Barber

While rankings are at the heart of social science research, little is known about how to analyze ranking data in experimental studies. This paper introduces a potential-outcomes framework to perform causal inference when outcome data are…

Methodology · Statistics 2023-01-12 Yuki Atsusaka

Robbins' problem of optimal stopping asks one to minimise the expected {\it rank} of observation chosen by some nonanticipating stopping rule. We settle a conjecture regarding the {\it value} of the stopped variable under the rule optimal…

Probability · Mathematics 2019-07-10 Alexander Gnedin , Alexander Iksanov

Consider an M/M/$s$ queue with the additional feature that the arrival rate is a random variable of which only the mean, variance, and range are known. Using semi-infinite linear programming and duality theory for moment problems, we…

The quality of consequences in a decision making problem under (severe) uncertainty must often be compared among different targets (goals, objectives) simultaneously. In addition, the evaluations of a consequence's performance under the…

Artificial Intelligence · Computer Science 2022-12-15 Christoph Jansen , Georg Schollmeyer , Thomas Augustin

Statistical algorithms are usually helping in making decisions in many aspects of our lives. But, how do we know if these algorithms are biased and commit unfair discrimination of a particular group of people, typically a minority?…

Statistics Theory · Mathematics 2018-07-19 Eustasio del Barrio , Fabrice Gamboa , Paula Gordaliza , Jean-Michel Loubes
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