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Under very general conditions the hitting time of a set by a stochastic process is a stopping time. We give a new simple proof of this fact. The section theorems for optional and predictable sets are easy corollaries of the proof.

Probability · Mathematics 2023-06-28 Richard F. Bass

The conditional distribution of the next outcome given the infinite past of a stationary process can be inferred from finite but growing segments of the past. Several schemes are known for constructing pointwise consistent estimates, but…

Statistics Theory · Mathematics 2016-11-17 G. Morvai , S. Yakowitz , P. Algoet

Predictive process monitoring is concerned with the analysis of events produced during the execution of a business process in order to predict as early as possible the final outcome of an ongoing case. Traditionally, predictive process…

Machine Learning · Computer Science 2018-10-24 Irene Teinemaa , Marlon Dumas , Anna Leontjeva , Fabrizio Maria Maggi

This paper is concerned with the small time behaviour of a L\'{e}vy process $X$. In particular, we investigate the {\it stabilities} of the times, $\Tstarb(r)$ and $\Tbarb(r)$, at which $X$, started with $X_0=0$, first leaves the space-time…

Probability · Mathematics 2011-10-17 Philip S. Griffin , Ross A. Maller

For a random variable $N = 0, 1, 2, \ldots$ we study the following question: When does the sum of $N$ many independent and identically distributed copies of a random variable $X$ have the same law a a nontrivial rescaling of $X$? We show…

Probability · Mathematics 2026-04-03 Andrey Sarantsev

The paper generalizes the construction by stochastic flows of consistent utility processes introduced by M. Mrad and N. El Karoui in (2010). The utilities random fields are defined from a general class of processes denoted by $\GX$. Making…

Computational Finance · Quantitative Finance 2013-04-08 N. El Karoui , Mohamed M'Rad

The problem of extracting as much information as possible from a sequence of observations of a stationary stochastic process $X_0,X_1,...X_n$ has been considered by many authors from different points of view. It has long been known through…

Probability · Mathematics 2008-06-19 G. Morvai , B. Weiss

Stationary solutions to a Fokker-Planck equation corresponding to a noisy logistic equation with correlated Gaussian white noises are constructed. Stationary distributions exist even if the corresponding deterministic system displays an…

Statistical Mechanics · Physics 2007-05-23 P. F. Gora

In this article, we show that a general class of weakly stationary time series can be modeled applying Gaussian subordinated processes. We show that, for any given weakly stationary time series $(z_t)_{z\in\mathbb{N}}$ with given equal…

Probability · Mathematics 2019-10-24 Lauri Viitasaari , Pauliina Ilmonen

Graph processes that unfold in continuous time are of obvious theoretical and practical interest. Particularly useful are those whose long-term behavior converges to a graph distribution of known form. Here, we review some of the conditions…

Methodology · Statistics 2023-02-24 Carter T. Butts

Traditionally stationarity refers to shift invariance of the distribution of a stochastic process. In this paper, we rediscover stationarity as a path property instead of a distributional property. More precisely, we characterize a set of…

Statistics Theory · Mathematics 2016-10-18 Yi Shen , Tony S. Wirjanto

Max-stable random sketches can be computed efficiently on fast streaming positive data sets by using only sequential access to the data. They can be used to answer point and Lp-norm queries for the signal. There is an intriguing connection…

Data Structures and Algorithms · Computer Science 2010-05-25 Stilian A. Stoev , Murad S. Taqqu

We consider the excursions, i.e. the intervals between consecutive zeros, of stochastic processes that arise in a variety of nonequilibrium systems and study the temporal growth of the longest one l_{\max}(t) up to time t. For smooth…

Statistical Mechanics · Physics 2013-05-29 Claude Godreche , Satya N. Majumdar , Gregory Schehr

A new family of stable processes indexed by metric spaces with stationary increments are introduced. They are special cases of a new family of set-indexed stable processes with Chentsov representation. At the heart of the representation, a…

Probability · Mathematics 2019-05-03 Zuopeng Fu , Yizao Wang

Processing and analyzing time series data\-sets have become a central issue in many domains requiring data management systems to support time series as a native data type. A crucial prerequisite of these systems is time series matching,…

Databases · Computer Science 2021-10-12 Lars Kegel , Claudio Hartmann , Maik Thiele , Wolfgang Lehner

The set of infinite-dimensional, symmetric stable tail dependence functions associated with exchangeable max-stable sequences of random variables with unit Fr\'echet margins is shown to be a simplex. Except for a single element, the…

Methodology · Statistics 2020-11-06 Jan-Frederik Mai

Organizations continuously accumulate data, often according to some business processes. If one poses a query over such data for decision support, it is important to know whether the query is stable, that is, whether the answers will stay…

Databases · Computer Science 2015-12-23 Ognjen Savkovic , Elisa Marengo , Werner Nutt

This article is devoted to some time-changed stochastic models based on multivariate stable processes. The considered models have several advantages in comparison with classical time-changed Brownian motions - for instance, it turns out…

Probability · Mathematics 2018-06-12 V. Panov , E. Samarin

This paper presents a new numerical scheme for simulating stochastic processes specified by their marginal distribution functions and covariance functions. Stochastic samples are firstly generated to automatically satisfy target marginal…

Computational Physics · Physics 2020-08-11 Zhibao Zheng

In many contexts such as queuing theory, spatial statistics, geostatistics and meteorology, data are observed at irregular spatial positions. One model of this situation involves considering the observation points as generated by a Poisson…

Statistics Theory · Mathematics 2007-08-07 Tucker McElroy , Dimitris N. Politis
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