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An efficient adaptive direct numerical integration (DNI) algorithm is developed for computing high quantiles and conditional Value at Risk (CVaR) of compound distributions using characteristic functions. A key innovation of the numerical…

Computational Finance · Quantitative Finance 2010-02-04 Xiaolin Luo , Pavel V. Shevchenko

Anomalous coarsening in far-from equilibrium one-dimensional systems is investigated by simulation and analytic techniques. The minimal hard core particle (exclusion) models contain mechanisms of aggregated particle diffusion, with rates…

Statistical Mechanics · Physics 2009-11-10 Fabio D. A. Aarao Reis , Robin B. Stinchcombe

In 2017-2020 Jordanova and co-authors investigate probabilities for p-outside values and determine them in many particular cases. They show that these probabilities are closely related to the concept for heavy tails. Tukey's boxplots are…

Methodology · Statistics 2024-10-22 Pavlina K. Jordanova

How to estimate the uncertainty of a given model is a crucial problem. Current calibration techniques treat different classes equally and thus implicitly assume that the distribution of training data is balanced, but ignore the fact that…

Computer Vision and Pattern Recognition · Computer Science 2023-04-14 Jiahao Chen , Bing Su

Electrical grid congestion is a growing challenge in Europe, driving the need for accurate prediction of load, particularly of peak load. Non-time-resolved models of peak load offer the advantages of simplicity and compactness, and among…

Systems and Control · Electrical Eng. & Systems 2025-10-23 Shaohong Shi , Eric A. Cator , Jacco Heres , Simon H. Tindemans

The use of summary statistics beyond the two-point correlation function to analyze the non-Gaussian clustering on small scales is an active field of research in cosmology. In this paper, we explore a set of new summary statistics -- the…

Cosmology and Nongalactic Astrophysics · Physics 2021-02-03 Arka Banerjee , Tom Abel

Solving structured systems of linear equations in a non-centralized fashion is an important step in many distributed optimization and control algorithms. Fast convergence is required in manifold applications. Known decentralized algorithms,…

Optimization and Control · Mathematics 2021-09-03 Alexander Engelmann , Timm Faulwasser

We formulate necessary and sufficient conditions for an arbitrary discrete probability distribution to factor according to an undirected graphical model, or a log-linear model, or other more general exponential models. This result…

Artificial Intelligence · Computer Science 2013-01-07 Dan Geiger , Christopher Meek , Bernd Sturmfels

We introduce a method for the estimation of uncertainties in density-functional-theory (DFT) calculations for atomistic systems. The method is based on the construction of an uncertainty-aware functional distribution (UAFD) in a space…

Materials Science · Physics 2025-07-14 Teitur Hansen , Jens Jørgen Mortensen , Thomas Bligaard , Karsten Wedel Jacobsen

Causality is widely used in fairness analysis to prevent discrimination on sensitive attributes, such as genders in career recruitment and races in crime prediction. However, the current data-based Potential Outcomes Framework (POF) often…

Machine Learning · Computer Science 2025-02-19 Jiarun Fu , LiZhong Ding , Pengqi Li , Qiuning Wei , Yurong Cheng , Xu Chen

In this paper, we obtain various series and asymptotic expansions involving the modified Bessel function of the second kind for the normal inverse Gaussian cumulative distribution function. The new expansions accelerate computations,…

Numerical Analysis · Mathematics 2025-02-25 Guillermo Navas-Palencia

Uncertainty estimation is critical for cost-sensitive deep-learning applications (i.e. disease diagnosis). It is very challenging partly due to the inaccessibility of uncertainty groundtruth in most datasets. Previous works proposed to…

Machine Learning · Computer Science 2021-10-18 Bolian Li , Zige Zheng , Changqing Zhang

In this paper, the multivariate tail covariance (MTCov) for generalized skew-elliptical distributions is considered. Some special cases for this distribution, such as generalized skew-normal, generalized skew student-t, generalized…

Risk Management · Quantitative Finance 2021-03-10 Baishuai Zuo , Chuancun Yin

Chebyshev's inequality provides an upper bound on the tail probability of a random variable based on its mean and variance. While tight, the inequality has been criticized for only being attained by pathological distributions that abuse the…

Optimization and Control · Mathematics 2020-10-16 Ernst Roos , Ruud Brekelmans , Wouter van Eekelen , Dick den Hertog , Johan van Leeuwaarden

We introduce a new type of graphical model called a "cumulative distribution network" (CDN), which expresses a joint cumulative distribution as a product of local functions. Each local function can be viewed as providing evidence about…

Machine Learning · Computer Science 2012-06-18 Jim Huang , Brendan J. Frey

The purpose of this paper is to show that the use of heavy-tailed distributions in Financial problems is theoretically baseless and can lead to significant misunderstandings. The reason for this the authors see in an incorrect…

Probability · Mathematics 2015-07-29 Lev B Klebanov , Irina V Volchenkova

This paper proposes a nonparametric multivariate density forecast model based on deep learning. It not only offers the whole marginal distribution of each random variable in forecasting targets, but also reveals the future correlation…

Systems and Control · Electrical Eng. & Systems 2022-10-28 Zichao Meng , Ye Guo , Wenjun Tang , Hongbin Sun

In this correspondence, we point out two typographical errors in Chai and Tjhung's paper and we offer the correct formula of the unified Laguerre polynomial-series-based cumulative distribution function (cdf) for small-scale fading…

Probability · Mathematics 2011-02-10 Yin Sun , Arpad Baricz , Shidong Zhou

Based on the canonical correlation analysis we derive series representations of the probability density function (PDF) and the cumulative distribution function (CDF) of the information density of arbitrary Gaussian random vectors as well as…

Information Theory · Computer Science 2022-07-13 Jonathan Huffmann , Martin Mittelbach

We obtain concentration and large deviation for the sums of independent and identically distributed random variables with heavy-tailed distributions. Our concentration results are concerned with random variables whose distributions satisfy…

Probability · Mathematics 2022-07-27 Milad Bakhshizadeh , Arian Maleki , Victor H. de la Pena