Related papers: After 50+ Years in Statistics, An Exchange
We introduce a model of dynamic matching with transferable utility, extending the static model of Shapley and Shubik (1971). Forward-looking agents have individual states that evolve with current matches. Each period, a matching market with…
Theory of Probability is distinguished by several high-level philosophical attitudes, some stressed by Jeffreys, some implicit. By reviewing these we may recognize the importance in this work in the historical development of statistics.…
Players are statistical learners who learn about payoffs from data. They may interpret the same data differently, but have common knowledge of a class of learning procedures. I propose a metric for the analyst's "confidence" in a strategic…
A class of conserved models of wealth distributions are studied where wealth (or money) is assumed to be exchanged between a pair of agents in a population like the elastically colliding molecules of a gas exchanging energy. All sorts of…
Recent work has focused attention on statistical inference for the population distribution of the number of sexual partners based on survey data. The characteristics of these distributions are of interest as components of mathematical…
The use of statistical software in academia and enterprises has been evolving over the last years. More often than not, students, professors, workers, and users, in general, have all had, at some point, exposure to statistical software.…
This is a discussion on "Sparse graphs using exchangeable random measures" by Francois Caron and Emily B. Fox, published in Journal of the Royal Statistical Society, Series B, 2017.
The paper presents some distributional properties of logistic order statistics subject to independent exponential one-sided and two-sided shifts. Utilizing these properties, we extend several known results and obtain some new…
We study the statistics of heat exchange of a quantum system that collides sequentially with an arbitrary number of ancillas. This can describe, for instance, an accelerated particle going through a bubble chamber. Unlike other approaches…
We examine whether social data can be used to predict how members of Major League Baseball (MLB) and members of the National Basketball Association (NBA) transition between teams during their career. We find that incorporating social data…
In considering a social network, there are cases where people is transferred to another place. Then the physical (direct) relations among nodes are lost by the movement. In terms of a network theory, some nodes break the present connections…
A sequence of random variables is exchangeable if its joint distribution is invariant under variable permutations. We introduce exchangeable variable models (EVMs) as a novel class of probabilistic models whose basic building blocks are…
The paper aims to explore the impacts of bi-demographic structure on the current account and growth. Using a SVAR modeling, we track the dynamic impacts between these underlying variables. New insights have been developed about the dynamic…
A number of topics in analysis are discussed, with emphasis on basic principles. There is some overlap with "Elements of linear and real analysis" (arXiv:math/0108030), with numerous changes in content and presentation since then.
In this short paper, I recount some early history of transaction research (including some of my own), explain why transaction research continues to this day (even though it seems to be a solved problem), and speculate about its future. This…
Expander graphs have been, during the last five decades, the subject of a most fruitful interaction between pure mathematics and computer science, with influence and applications going both ways (cf. [Lub94], [HLW06], [Lub12] and the…
This Chapter reviews statistical models for the probability distribution of money developed in the econophysics literature since the late 1990s. In these models, economic transactions are modeled as random transfers of money between the…
We have hiked many miles alongside several professors as we traversed our statistical path -- a regime switching trail which changed direction following a class on the foundations of our discipline. As we play the game of research in that…
The Kinetic Gas Theory like two-agent money exchange models, recently introduced in the Econophysics of Wealth distributions, are revisited. The emergence of Boltzmann-Gibbs like distribution of individual money to Pareto's law in the tail…
We propose a minimal model for the collective dynamics of opinion formation in the society, by modifying kinetic exchange dynamics studied in the context of income, money or wealth distributions in a society. This model has an intriguing…