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Autoregressive tempered fractionally integrated moving average with stable innovations modifies the power-law kernel of the fractionally integrated time series model by adding an exponential tempering factor. The tempered time series is a…

Applications · Statistics 2021-03-16 Jinu Kabala , Farzad Sabzikar

This paper considers a time-varying vector error-correction model that allows for different time series behaviours (e.g., unit-root and locally stationary processes) to interact with each other to co-exist. From practical perspectives, this…

Econometrics · Economics 2023-05-30 Jiti Gao , Bin Peng , Yayi Yan

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

In the present paper we propose a new approach to investigate the logistic function, commonly used in mathematical models in economics and management. The approach is based on indicating in a given time series, having a logistic trend, some…

Classical Analysis and ODEs · Mathematics 2014-02-14 Grzegorz Rzadkowski , Iwona Głażewska , Katarzyna Sawińska

We propose a Bayesian hierarchical model to simultaneously estimate mean based changepoints in spatially correlated functional time series. Unlike previous methods that assume a shared changepoint at all spatial locations or ignore spatial…

Methodology · Statistics 2022-01-11 Mengchen Wang , Trevor Harris , Bo Li

This paper describes the procedure to estimate the parameters in mean reversion processes with functional tendency defined by a periodic continuous deterministic function, expressed as a series of truncated Fourier. Two phases of estimation…

Applications · Statistics 2017-11-01 Juan Pablo Pérez Monsalve , Freddy H. Marín Sanchez

With the rise of Industry 4.0, huge amounts of data are now generated that are apt to be modelled as functional data. In this setting, standard profile monitoring methods aim to assess the stability over time of a completely observed…

Applications · Statistics 2022-05-13 Fabio Centofanti , Antonio Lepore , Murat Kulahci , Max Peter Spooner

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

Stationary processes have been extensively studied in the literature. Their applications include modeling and forecasting numerous real life phenomena such as natural disasters, sales and market movements. When stationary processes are…

Statistics Theory · Mathematics 2018-01-10 Marko Voutilainen , Lauri Viitasaari , Pauliina Ilmonen

The paper considers functional linear regression, where scalar responses $Y_1,\ldots,Y_n$ are modeled in dependence of i.i.d. random functions $X_1,\ldots,X_n$. We study a generalization of the classical functional linear regression model.…

Statistics Theory · Mathematics 2016-01-13 Alois Kneip , Dominik Poß , Pascal Sarda

This work develops techniques for the sequential detection and location estimation of transient changes in the volatility (standard deviation) of time series data. In particular, we introduce a class of change detection algorithms based on…

Systems and Control · Computer Science 2017-12-29 Alireza Ahrabian , Nazli Farajidavar , Clive Cheong-Took , Payam Barnaghi

In this paper we focus on the linear functionals defining an approximate version of the gradient of a function. These functionals are often used when dealing with optimization problems where the computation of the gradient of the objective…

Optimization and Control · Mathematics 2021-05-21 Marco Boresta , Tommaso Colombo , Alberto De Santis , Stefano Lucidi

We propose solution of the problem of the mean square optimal estimation of linear functionals which depend on the unobserved values of a continuous time stochastic process with periodically correlated increments based on observations of…

Statistics Theory · Mathematics 2024-01-18 Maksym Luz , Mikhail Moklyachuk

We introduce a new class of forward performance processes that are endogenous and predictable with regards to an underlying market information set and, furthermore, are updated at discrete times. We analyze in detail a binomial model whose…

Mathematical Finance · Quantitative Finance 2019-03-20 Bahman Angoshtari , Thaleia Zariphopoulou , Xun Yu Zhou

This work introduces a time-adaptive strategy that uses a refinement estimator based on the first Frenet curvature. In dynamics, a time-adaptive strategy is a mechanism that interactively proposes changes to the time step used in iterative…

Numerical Analysis · Computer Science 2013-05-30 E. N. Lages , E. S. S. Silveira , D. T. Cintra , A. C. Frery

Consider a problem where a set of feasible observations are provided by an expert and a cost function is defined that characterizes which of the observations dominate the others and are hence, preferred. Our goal is to find a set of linear…

Optimization and Control · Mathematics 2020-09-14 Kimia Ghobadi , Houra Mahmoudzadeh

The work is devoted to the construction of a new type of intervals -- functional intervals. These intervals are built on the idea of expanding boundaries from numbers to functions. Functional intervals have shown themselves to be promising…

Numerical Analysis · Mathematics 2022-10-27 Dmitry A. Skorik

Forecasting is an indispensable element of operational research (OR) and an important aid to planning. The accurate estimation of the forecast uncertainty facilitates several operations management activities, predominantly in supporting…

Methodology · Statistics 2020-11-18 Xiaoqian Wang , Yanfei Kang , Fotios Petropoulos , Feng Li

The approximation of integral functionals with respect to a stationary Markov process by a Riemann-sum estimator is studied. Stationarity and the functional calculus of the infinitesimal generator of the process are used to get a better…

Probability · Mathematics 2016-10-18 Randolf Altmeyer , Jakub Chorowski

In both industrial and residential contexts, compressor-based machines, such as refrigerators, HVAC systems, heat pumps and chillers, are essential to fulfil production and consumers' needs. The diffusion of sensors and IoT connectivity…

Machine Learning · Computer Science 2024-04-04 Francesca Forbicini , Nicolò Oreste Pinciroli Vago , Piero Fraternali