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An asymptotic model for extreme behavior of certain Markov chains is the "tail chain". Generally taking the form of a multiplicative random walk, it is useful in deriving extremal characteristics such as point process limits. We place this…

Probability · Mathematics 2011-12-30 Sidney I. Resnick , David Zeber

In search of many social and economical systems, it is found that node strength distribution as well as degree distribution demonstrate the behavior of power-law with droop-head and heavy-tail. We present a new model for the growth of…

Disordered Systems and Neural Networks · Physics 2007-05-23 Chuan-Ji Fu , Qing Ou , Wen Chen , Bing-Hong Wang , Ying-Di Jin , Yong-Wei Niu , Tao Zhou

A network evolution with predicted tail and extremal indices of PageRank and the Max-Linear Model used as node influence indices in random graphs is considered. The tail index shows a heaviness of the distribution tail. The extremal index…

Statistics Theory · Mathematics 2022-11-28 Natalia Markovich

In this paper we are concerned with a sample of asymptotically independent risks. Tail asymptotic probabilities for linear combinations of randomly weighted order statistics are approximated under various assumptions, where the individual…

Probability · Mathematics 2014-06-24 Alexandru V. Asimit , Enkelejd Hashorva , Dominik Kortschak

Let $\{X_1, X_2, ... \}$ be a sequence of dependent heavy-tailed random variables with distributions $F_1, F_2,...$ on $(-\infty,\infty)$, and let $\tau$ be a nonnegative integer-valued random variable independent of the sequence $\{X_k, k…

Probability · Mathematics 2013-02-28 Kam Chuen Yuen , Chuancun Yin

The semimartingale reflecting Brownian motion (SRBM) can be a heavy traffic limit for many server queueing networks. Asymptotic properties for stationary probabilities of the SRBM have attracted a lot of attention recently. However, many…

Probability · Mathematics 2018-07-24 Hongshuai Dai , Dawson A. Donald , Yiqiang Q. Zhao

Distributions of the resilience of transport networks are studied numerically, in particular the large-deviation tails. Thus, not only typical quantities like average or variance but the distributions over the (almost) full support can be…

Physics and Society · Physics 2015-06-18 Alexander K. Hartmann

Admission control can be employed to avoid congestion in queueing networks subject to overload. In distributed networks the admission decisions are often based on imperfect measurements on the network state. This paper studies how the lack…

Probability · Mathematics 2007-08-22 Lasse Leskelä

In this note, we apply Stein's method to analyze the steady-state distribution of queueing systems in the traditional heavy-traffic regime. Compared to previous methods (e.g., drift method and transform method), Stein's method allows us to…

Probability · Mathematics 2020-10-08 Xingyu Zhou , Ness Shroff

Skewness and non-Gaussian behavior are essential features of the distribution of short-scale velocity increments in isotropic turbulent flows. Yet, although the skewness has been generally linked to time-reversal symmetry breaking and…

Strong anomalous diffusion is {often} characterized by a piecewise-linear spectrum of the moments of displacement. The spectrum is characterized by slopes $\xi$ and $\zeta$ for small and large moments, respectively, and by the critical…

Risk assessment for rare events is essential for understanding systemic stability in complex systems. As rare events are typically highly correlated, it is important to study heavy-tailed multivariate distributions of the relevant…

Statistical Finance · Quantitative Finance 2025-12-02 Efstratios Manolakis , Anton J. Heckens , Benjamin Köhler , Thomas Guhr

The filtering distribution is a time-evolving probability distribution on the state of a dynamical system, given noisy observations. We study the large-time asymptotics of this probability distribution for discrete-time, randomly…

Dynamical Systems · Mathematics 2014-11-25 D. Sanz-Alonso , A. M. Stuart

We consider the model of a token-based joint auto-scaling and load balancing strategy, proposed in a recent paper by Mukherjee, Dhara, Borst, and van Leeuwaarden (SIGMETRICS '17, arXiv:1703.08373), which offers an efficient scalable…

Probability · Mathematics 2020-02-27 Debankur Mukherjee , Alexander Stolyar

A network belongs to the monotone separable class if its state variables are homogeneous and monotone functions of the epochs of the arrival process. This framework, which was first introduced to derive the stability region for stochastic…

Probability · Mathematics 2017-11-29 Francois Baccelli , Sergey Foss

We provide upper bounds on the end-to-end backlog and delay in a network with heavy-tailed and self-similar traffic. The analysis follows a network calculus approach where traffic is characterized by envelope functions and service is…

Networking and Internet Architecture · Computer Science 2013-12-30 Jorg Liebeherr , Almut Burchard , Florin Ciucu

Stability with respect to a given scheduling policy has become an important issue for wireless communication systems, but it is hard to prove in particular scenarios. In this paper two simple conditions for stability in broadcast channels…

Networking and Internet Architecture · Computer Science 2009-04-16 Chan Zhou , Gerhard Wunder

In this paper, we consider the stability analysis of large-scale distributed networked control systems with random communication delays between linearly interconnected subsystems. The stability analysis is performed in the Markov jump…

Systems and Control · Computer Science 2015-11-13 Kooktae Lee , Raktim Bhattacharya

The distribution of returns in financial time series exhibits heavy tails. In empirical studies, it has been found that gaps between the orders in the order book lead to large price shifts and thereby to these heavy tails. We set up an…

Trading and Market Microstructure · Quantitative Finance 2012-12-04 Thilo A. Schmitt , Rudi Schäfer , Michael C. Münnix , Thomas Guhr

The problem of sums of independent, identically distributed random variables with stretched-exponential tails exhibits a dynamical phase transition and has recently reemerged in the context of active transport and condensation phenomena. We…

Statistical Mechanics · Physics 2026-05-11 Alberto Bassanoni , Omer Hamdi