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First, we consider the problem of hedging in complete binomial models. Using the discrete-time F\"ollmer-Schweizer decomposition, we demonstrate the equivalence of the backward induction and sequential regression approaches. Second, in…

Mathematical Finance · Quantitative Finance 2020-11-25 Sarah Boese , Tracy Cui , Samuel Johnston , Gianmarco Molino , Oleksii Mostovyi

We continue studies of the uncertainty quantification problem in emission tomographies such as PET or SPECT when additional multimodal data (e.g., anatomical MRI images) are available. To solve the aforementioned problem we adapt the…

Machine Learning · Statistics 2021-12-03 Fedor Goncharov , Éric Barat , Thomas Dautremer

We address the problem of estimating multiple modes of a multivariate density using persistent homology, a central tool in Topological Data Analysis. We introduce a method based on the preliminary estimation of the $H_0$-persistence diagram…

Statistics Theory · Mathematics 2025-05-06 Hugo Henneuse

We present a flexible Bayesian semiparametric mixed model for longitudinal data analysis in the presence of potentially high-dimensional categorical covariates. Building on a novel hidden Markov tensor decomposition technique, our proposed…

Methodology · Statistics 2022-08-05 Giorgio Paulon , Peter Müller , Abhra Sarkar

We consider a composite medium, which consists of a homogeneous matrix containing a statistically homogeneous set of multimodal spherical inclusions. This model is used to represent the morphology of heterogeneous solid propellants (HSP)…

Materials Science · Physics 2015-03-20 V. A. Buryachenko , T. L. Jackson , G. Amadio

In this paper we introduce a new parametric distribution, the Mixed Tempered Stable. It has the same structure of the Normal Variance Mean Mixtures but the normality assumption leaves place to a semi-heavy tailed distribution. We show that,…

Statistical Finance · Quantitative Finance 2014-05-30 Edit Rroji , Lorenzo Mercuri

We propose a simple tractable pair hidden Markov model for pairwise sequence alignment that accounts for the presence of short tandem repeats. Using the framework of gain functions, we design several optimization criteria for decoding this…

Quantitative Methods · Quantitative Biology 2013-07-31 Michal Nánási , Tomáš Vinař , Broňa Brejová

We analyze the stability and stabilizability properties of mixed retarded-neutral type systems when the neutral term is allowed to be singular. Considering an operator model of the system in a Hilbert space we are interesting in the…

Dynamical Systems · Mathematics 2009-09-23 Rabah Rabah , Grigory M. Sklyar , Pavel Yu. Barkhayev

We consider the problem of simultaneous estimation of a sequence of dependent parameters that are generated from a hidden Markov model. Based on observing a noise contaminated vector of observations from such a sequence model, we consider…

Methodology · Statistics 2020-03-16 Bowen Gang , Gourab Mukherjee , Wenguang Sun

A Hidden Markov Model for intraday momentum trading is presented which specifies a latent momentum state responsible for generating the observed securities' noisy returns. Existing momentum trading models suffer from time-lagging caused by…

Trading and Market Microstructure · Quantitative Finance 2020-06-22 Hugh Christensen , Simon Godsill , Richard E Turner

The formalism of state estimation and hidden Markov models (HMMs) can simplify and clarify the discussion of stochastic thermodynamics in the presence of feedback and measurement errors. After reviewing the basic formalism, we use it to…

Statistical Mechanics · Physics 2015-11-13 John Bechhoefer

In this work, we study continuity and topological structural stability of attractors for nonautonomous random differential equations obtained by small bounded random perturbations of autonomous semilinear problems. First, we study existence…

Dynamical Systems · Mathematics 2021-11-29 Tomás Caraballo , Alexandre N. Carvalho , José A. Langa , Alexandre N Oliveira-Sousa

In this paper, we study discrete-time absorbing Markov Decision Processes (MDP) with measurable state space and Borel action space with a given initial distribution. For such models, solutions to the characteristic equation that are not…

Optimization and Control · Mathematics 2025-10-10 François Dufour , Tomás Prieto-Rumeau

The objective of this article is to study the asymptotic behavior of a new particle filtering approach in the context of hidden Markov models (HMMs). In particular, we develop an algorithm where the latent-state sequence is segmented into…

Statistics Theory · Mathematics 2014-09-16 Hock Peng Chan , Chiang Wee Heng , Ajay Jasra

We formulate and analyze an inverse problem using derivatives prices to obtain an implied filtering density on volatility's hidden state. Stochastic volatility is the unobserved state in a hidden Markov model (HMM) and can be tracked using…

Pricing of Securities · Quantitative Finance 2017-03-07 Carlos Fuertes , Andrew Papanicolaou

We consider non-parametric Bayesian estimation of the drift coefficient of a one-dimensional stochastic differential equation from discrete-time observations on the solution of this equation. Under suitable regularity conditions that are…

Statistics Theory · Mathematics 2014-07-15 Shota Gugushvili , Peter Spreij

Stochastic variational inference for collapsed models has recently been successfully applied to large scale topic modelling. In this paper, we propose a stochastic collapsed variational inference algorithm in the sequential data setting.…

Machine Learning · Statistics 2015-12-08 Pengyu Wang , Phil Blunsom

Finite state space hidden Markov models are flexible tools to model phenomena with complex time dependencies: any process distribution can be approximated by a hidden Markov model with enough hidden states.We consider the problem of…

Statistics Theory · Mathematics 2021-02-16 Luc Lehéricy

Latent space matching, which consists of matching distributions of features in latent space, is a crucial component for tasks such as adversarial attacks and defenses, domain adaptation, and generative modelling. Metrics for probability…

Machine Learning · Computer Science 2025-03-05 Hiu-Tung Wong , Darrick Lee , Hong Yan

Finite mixture and Markov-switching models generalize and, therefore, nest specifications featuring only one component. While specifying priors in the two: the general (mixture) model and its special (single-component) case, it may be…

Statistics Theory · Mathematics 2013-09-04 Łukasz Kwiatkowski