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The existence of asymmetric information has always been a major concern for financial institutions. Financial intermediaries such as commercial banks need to study the quality of potential borrowers in order to make their decision on…

Statistical Finance · Quantitative Finance 2017-07-05 Jinglun Yao , Maxime Levy-Chapira , Mamikon Margaryan

We propose an alternative to $k$-nearest neighbors for functional data whereby the approximating neighboring curves are piecewise functions built from a functional sample. Using a locally defined distance function that satisfies…

Methodology · Statistics 2021-06-02 Antonio Elías , Raúl Jiménez , Joe Yukich

This paper studies the class of logarithmically completely monotonic (LCM) functions. These functions play an important role in characterising externally positive linear systems which find applications in important control problems such as…

Optimization and Control · Mathematics 2025-07-08 Hamed Taghavian , Ross Drummond , Mikael Johansson

Recently, a number of statistical problems have found an unexpected solution by inspecting them through a "modal point of view". These include classical tasks such as clustering or regression. This has led to a renewed interest in…

Methodology · Statistics 2018-07-10 José E. Chacón

This paper is devoted to the study of directional minimal time functions that specify the minimal time for a vector to reach an object following its given direction. We provide a careful analysis of general and generalized differentiation…

Optimization and Control · Mathematics 2013-01-08 Nguyen Mau Nam , Constantin Zalinescu

A new approach is presented to describe the change in the statistics of the log return distribution of financial data as a function of the timescale. To this purpose a measure is introduced, which quantifies the distance of a considered…

Data Analysis, Statistics and Probability · Physics 2009-11-11 Andreas P. Nawroth , Joachim Peinke

Improved communication systems, shrinking battery sizes and the price drop of tracking devices have led to an increasing availability of trajectory tracking data. These data are often analyzed to understand animal behavior. In this work, we…

Applications · Statistics 2019-09-12 Gianluca Mastrantonio , Clara Grazian , Sara Mancinelli , Enrico Bibbona

Complex systems are characterized by a huge number of degrees of freedom often interacting in a non-linear manner. In many cases macroscopic states, however, can be characterized by a small number of order parameters that obey stochastic…

Data Analysis, Statistics and Probability · Physics 2012-02-20 David Kleinhans

The unique fluctuation-dissipation theorem for equilibrium stands in contrast with the wide variety of nonequilibrium linear response formulae. Their most traditional approach is "analytic", which, in the absence of detailed balance,…

Statistical Mechanics · Physics 2013-01-21 Marco Baiesi , Christian Maes

We present a systematic, trend-following strategy, applied to commodity futures markets, that combines univariate trend indicators with cross-sectional trend indicators that capture so-called {\em momentum spillover}, which can occur when…

Trading and Market Microstructure · Quantitative Finance 2025-01-14 Linze Li , William Ferreira

Functional lifting methods provide a tool for approximating solutions of difficult non-convex problems by embedding them into a larger space. In this work, we investigate a mathematically rigorous formulation based on embedding into the…

Optimization and Control · Mathematics 2020-07-07 Thomas Vogt , Roland Haase , Danielle Bednarski , Jan Lellmann

The work relates to a new way for analysis of one-dimensional stochastic systems, based on consideration of its higher order difference structure. From this point of view, the deterministic and random processes are analyzed. A new numerical…

Chaotic Dynamics · Physics 2016-09-08 A. Yu. Shahverdian , A. V. Apkarian

We examine a new form of smooth approximation to the zero one loss in which learning is performed using a reformulation of the widely used logistic function. Our approach is based on using the posterior mean of a novel generalized…

Computer Vision and Pattern Recognition · Computer Science 2015-11-19 Md Kamrul Hasan , Christopher J. Pal

We apply the recently developed theory of symmetry of stochastic differential equations to a stochastic version of the logistic equation, obtaining an explicit integration, i.e. an explicit formula for the process in terms of any single…

Mathematical Physics · Physics 2019-05-14 Giuseppe Gaeta

Continuum Approximation (CA) is an efficient and parsimonious technique for modeling complex logistics problems. In this paper,we review recent studies that develop CA models for transportation, distribution and logistics problems with the…

Optimization and Control · Mathematics 2017-06-20 Sina Ansari , Mehmet Basdere , Xiaopeng Li , Yanfeng Ouyang , Karen Smilowitz

The beta distribution serves as a canonical tool for modeling probabilities in statistics and machine learning. However, there is limited work on flexible and computationally convenient stochastic process extensions for modeling dependent…

Methodology · Statistics 2025-03-18 Changwoo J. Lee , Alessandro Zito , Huiyan Sang , David B. Dunson

This paper presents a new nested production function that is specifically designed for analyzing capital and labor intensity of manufacturing industries in developing and developed regions. The paper provides a rigorous theoretical…

Theoretical Economics · Economics 2023-03-28 Samidh Pal

Observations which are realizations from some continuous process are frequent in sciences, engineering, economics, and other fields. We consider linear models, with possible random effects, where the responses are random functions in a…

Statistics Theory · Mathematics 2016-11-30 Giacomo Aletti , Caterina May , Chiara Tommasi

A new characterization for power function distributions is obtained which is based on products of order statistics. This result may be considered as a generalization of some recent results for contractions. We note that in this new result…

Statistics Theory · Mathematics 2012-10-30 Güvenç Arslan

In several environmental applications data are functions of time, essentially con- tinuous, observed and recorded discretely, and spatially correlated. Most of the methods for analyzing such data are extensions of spatial statistical tools…

Methodology · Statistics 2011-06-28 Elvira Romano , Antonio Balzanella , Rosanna Verde