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In risk management it is desirable to grasp the essential statistical features of a time series representing a risk factor. This tutorial aims to introduce a number of different stochastic processes that can help in grasping the essential…

Risk Management · Quantitative Finance 2008-12-23 Damiano Brigo , Antonio Dalessandro , Matthias Neugebauer , Fares Triki

Considering the ever-evolving threat landscape and rapid changes in software development, we propose a risk assessment framework called SAFER (Software Analysis Framework for Evaluating Risk). This framework is based on the necessity of a…

Software Engineering · Computer Science 2024-12-25 Sarah Ali Siddiqui , Chandra Thapa , Rayne Holland , Wei Shao , Seyit Camtepe

Coastal flooding drives considerable risks to many communities, but projections of future flood risks are deeply uncertain. The paucity of observations of extreme events often motivates the use of statistical approaches to model the…

Applications · Statistics 2018-08-01 Tony E. Wong , Alexandra Klufas , Vivek Srikrishnan , Klaus Keller

Motivated by the need to analyze continuously updated data sets in the context of time-to-event modeling, we propose a novel nonparametric approach to estimate the conditional hazard function given a set of continuous and discrete…

Methodology · Statistics 2025-07-03 Daphné Aurouet , Valentin Patilea

Digital monitoring studies collect real-time high frequency data via mobile sensors in the subjects' natural environment. This data can be used to model the impact of changes in physiology on recurrent event outcomes such as smoking, drug…

Methodology · Statistics 2022-04-15 Walter Dempsey

Accurate characterization of subsurface heterogeneity is challenging but essential for applications such as reservoir pressure management, geothermal energy extraction and CO$_2$, H$_2$, and wastewater injection operations. This challenge…

Machine Learning · Computer Science 2026-04-16 Harun Ur Rashid , Mingxin Li , Aleksandra Pachalieva , Georg Stadler , Daniel O'Malley

We give an explicit algorithm and source code for constructing risk models based on machine learning techniques. The resultant covariance matrices are not factor models. Based on empirical backtests, we compare the performance of these…

Portfolio Management · Quantitative Finance 2019-04-10 Zura Kakushadze , Willie Yu

Progression of chronic disease is often manifested by repeated occurrences of disease-related events over time. Delineating the heterogeneity in the risk of such recurrent events can provide valuable scientific insight for guiding…

Methodology · Statistics 2018-11-16 Huijuan Ma , Limin Peng , Chiung-Yu Huang , Haoda Fu

In this study, we capitalized on a collective dataset repository of 57k accidents from 9 companies belonging to 3 domains and tested whether models trained on multiple datasets (generic models) predicted safety outcomes better than the…

Machine Learning · Computer Science 2023-01-10 Antoine J. -P. Tixier , Matthew R. Hallowell

In the last four years, the number of distinct autonomous vehicles platforms deployed in the streets of California increased 6-fold, while the reported accidents increased 12-fold. This can become a trend with no signs of subsiding as it is…

Software Engineering · Computer Science 2020-05-18 Joachim Haensel , Christian M. Adriano , Johannes Dyck , Holger Giese

Existing neural network-based autonomous systems are shown to be vulnerable against adversarial attacks, therefore sophisticated evaluation on their robustness is of great importance. However, evaluating the robustness only under the…

Machine Learning · Computer Science 2020-12-29 Wenhao Ding , Baiming Chen , Bo Li , Kim Ji Eun , Ding Zhao

We investigate the quantification of demographic risk in a framework consistent with the market-consistent valuation imposed by Solvency II. We provide compact formulas for evaluating inflows and outflows of a portfolio of insurance…

Risk Management · Quantitative Finance 2023-07-07 Francesco Della Corte , Gian Paolo Clemente , Nino Savelli

The construction industry has demonstrated a high frequency and severity of accidents. Construction accidents are the result of the interaction between unsafe work conditions and workers unsafe behaviors. Given this relation, perceived risk…

Signal Processing · Electrical Eng. & Systems 2019-08-15 Byungjoo Choi , Gaang Lee , Houtan Jebelli , SangHyun Lee

Practitioners making decisions based on causal effects typically ignore structural uncertainty. We analyze when this uncertainty is consequential enough to warrant methodological solutions (Bayesian model averaging over competing causal…

Machine Learning · Computer Science 2025-08-01 Maurits Kaptein

Automated, data-driven quality management systems, which facilitate the transformation of data into useable information, are desired to enhance decision-making processes. Integration of accurate, reliable, and straightforward approaches…

Other Computer Science · Computer Science 2019-03-27 Wenying Ji

Predicting risks of chronic diseases has become increasingly important in clinical practice. When a prediction model is developed in a given source cohort, there is often a great interest to apply the model to other cohorts. However, due to…

Methodology · Statistics 2020-03-05 Zheng Jiayin , Zheng Yingye , Hsu Li

Event attribution in the context of climate change seeks to understand the role of anthropogenic greenhouse gas emissions on extreme weather events, either specific events or classes of events. A common approach to event attribution uses…

Methodology · Statistics 2018-02-06 Christopher J. Paciorek , Dáithí A. Stone , Michael F. Wehner

There is growing interest in using safety analytics and machine learning to support the prevention of workplace incidents, especially in high-risk industries like construction and trucking. Although existing safety analytics studies have…

Machine Learning · Computer Science 2024-08-15 Kailai Sun , Tianxiang Lan , Yang Miang Goh , Yueng-Hsiang Huang

Machine learning algorithms are increasingly influencing our decisions and interacting with us in all parts of our daily lives. Therefore, just like for power plants, highways, and myriad other engineered sociotechnical systems, we must…

Machine Learning · Statistics 2016-01-19 Kush R. Varshney

Many systems contain latent variables that make their dynamics partially unidentifiable or cause distribution shifts in the observed statistics between offline and online data. However, existing control techniques often assume access to…

Systems and Control · Electrical Eng. & Systems 2025-06-24 Haoming Jing , Yorie Nakahira