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Modern risk modelling approaches deal with vectors of multiple components. The components could be, for example, returns of financial instruments or losses within an insurance portfolio concerning different lines of business. One of the…

Probability · Mathematics 2021-05-12 Miriam Hägele , Jaakko Lehtomaa

Learning the tail behavior of a distribution is a notoriously difficult problem. By definition, the number of samples from the tail is small, and deep generative models, such as normalizing flows, tend to concentrate on learning the body of…

Machine Learning · Computer Science 2022-06-28 Mike Laszkiewicz , Johannes Lederer , Asja Fischer

We investigate the transient and stationary queue-length distributions of a class of service systems with correlated service times. The classical $M^X/G/1$ queue with semi-Markov service times is the most prominent example in this class and…

Probability · Mathematics 2018-01-19 Abhishek , Marko Boon , Onno Boxma , Rudesindo Núñez-Queija

In the setting of a recently developed cellular stochastic traffic flow model, it has shown that the joint per-cell vehicle densities, as a function of time, can be accurately approximated by a Gaussian process, which has the attractive…

Optimization and Control · Mathematics 2020-07-16 Michel Mandjes , Jaap Storm

A scheduled arrival model is one in which customers are scheduled to arrive at constant interarrival times, but each customer actual arrival time is perturbed from her scheduled arrival time by a random perturbation. The sequence of…

Probability · Mathematics 2023-03-13 Victor F. Araman , Peter W. Glynn

Predicting the near-future delay with accuracy for trains is momentous for railway operations and passengers' traveling experience. This work aims to design prediction models for train delays based on Netherlands Railway data. We first…

Machine Learning · Computer Science 2022-05-24 Jin Xu , Weiqi Wang , Zheming Gao , Haochen Luo , Qian Wu

Heavy-traffic limit theory deals with queues that operate close to criticality and face severe queueing times. Let $W$ denote the steady-state waiting time in the ${\rm GI}/{\rm G}/1$ queue. Kingman (1961) showed that $W$, when…

Probability · Mathematics 2022-06-22 M. A. A. Boon , A. J. E. M. Janssen , J. S. H. van Leeuwaarden

Forecasting multivariate time series is a computationally intensive task challenged by extreme or redundant samples. Recent resampling methods aim to increase training efficiency by reweighting samples based on their running losses.…

Machine Learning · Computer Science 2024-06-21 Jiang You , Arben Cela , René Natowicz , Jacob Ouanounou , Patrick Siarry

In this article we describe a method for carrying out Bayesian estimation for the double Pareto lognormal (dPlN) distribution which has been proposed as a model for heavy-tailed phenomena. We apply our approach to estimate the…

Applications · Statistics 2010-11-16 Pepa Ramirez-Cobo , Rosa E. Lillo , Simon Wilson , Michael P. Wiper

It has been shown that some macroeconomic time series, especially those where outliers could be present, can be well modelled using heavy tailed distributions for the noise components. Methods for deciding when and where heavy-tailed models…

Statistics Theory · Mathematics 2007-06-13 J. A. D. Aston

Age of Information (AoI) and Peak AoI (PAoI) and their analytical models have recently drawn substantial amount of attention in information theory and wireless communications disciplines, in the context of qualitative assessment of…

Performance · Computer Science 2023-10-05 Ozancan Dogan , Nail Akar

Heavy-tailed distributions have been studied in statistics, random matrix theory, physics, and econometrics as models of correlated systems, among other domains. Further, heavy-tail distributed eigenvalues of the covariance matrix of the…

Machine Learning · Computer Science 2021-05-25 John Y. Shin

We consider an extension of the classical machine-repair model, where we assume that the machines, apart from receiving service from the repairman, also serve queues of products. The extended model can be viewed as a layered queueing…

Probability · Mathematics 2014-12-24 J. L. Dorsman , O. J. Boxma , M. Vlasiou

This is an expository review paper illustrating the ``martingale method'' for proving many-server heavy-traffic stochastic-process limits for queueing models, supporting diffusion-process approximations. Careful treatment is given to an…

Probability · Mathematics 2007-12-28 Guodong Pang , Rishi Talreja , Ward Whitt

We study three non-equivalent queueing models in continuous time that each generalise the classical M/M/1 queue in a different way. Inter-event times in all models are Mittag-Leffler distributed, which is a heavy tail distribution with no…

Probability · Mathematics 2022-11-24 Jacob Butt , Nicos Georgiou , Enrico Scalas

When the arrival processes are Poisson, queueing networks are well-understood in terms of the product-form structure of the number of jobs $N_i$ at the individual queues; much less is known about the waiting time $W$ across the whole…

Probability · Mathematics 2023-04-21 Florin Ciucu , Sima Mehri

Platooning of connected and autonomous vehicles (CAVs) is an emerging technology with a strong potential for throughput improvement and fuel reduction. Adequate macroscopic models are critical for system-level efficiency and reliability of…

Systems and Control · Electrical Eng. & Systems 2021-03-29 Haoran Su , Zhengjie Ji , Karl. H. Johansson , Li Jin

We study the long-time behavior of the scaled walker (particle) position associated with decoupled continuous-time random walk which is characterized by superheavy-tailed distribution of waiting times and asymmetric heavy-tailed…

Statistical Mechanics · Physics 2013-02-19 S. I. Denisov , Yu. S. Bystrik , H. Kantz

Accurate workload forecasting is critical for efficient resource management in cloud computing systems, enabling effective scheduling and autoscaling. Despite recent advances with transformer-based forecasting models, challenges remain due…

Machine Learning · Computer Science 2024-08-20 Shiyu Wang , Zhixuan Chu , Yinbo Sun , Yu Liu , Yuliang Guo , Yang Chen , Huiyang Jian , Lintao Ma , Xingyu Lu , Jun Zhou

The presented study elaborates a multi-server catastrophic retrial queueing model considering preemptive repeat priority policy with phase-type (PH) distributed retrial times. For the sake of comprehension, the scenario of model operation…

Systems and Control · Electrical Eng. & Systems 2022-04-13 Raina Raj , Vidyottama Jain