English
Related papers

Related papers: Generalized Multivariate Extreme Value Models for …

200 papers

Previous methods that predict system-wide travel time, predominantly grounded in graph neural networks, remain limited to typical and recurring demand patterns. While they successfully predict future congestion following daily commute, they…

Multiagent Systems · Computer Science 2026-05-11 Łukasz Gorczyca , Kacper Drozd , Michał Bujak , Rafał Kucharski

Travel providers such as airlines and on-line travel agents are becoming more and more interested in understanding how passengers choose among alternative itineraries when searching for flights. This knowledge helps them better display and…

Machine Learning · Statistics 2018-03-19 Alejandro Mottini , Rodrigo Acuna-Agost

High frequency pedestrian motion forecasting when interacting with autonomous vehicles (AVs) can be enhanced through the use of behavioural frameworks, such as discrete choice models, that can explicitly account for correlation among…

Physics and Society · Physics 2026-03-03 Rulla Al-Haideri , Bilal Farooq

We provide closed-form pricing formulas for a wide variety of path-independent options, in the exponential L\'evy model driven by the Normal inverse Gaussian process. The results are obtained in both the symmetric and asymmetric model, and…

Pricing of Securities · Quantitative Finance 2020-10-06 Jean-Philippe Aguilar

We obtain a necessary and sufficient condition under which random-coefficient discrete choice models, such as mixed-logit models, are rich enough to approximate any nonparametric random utility models arbitrarily well across choice sets.…

Theoretical Economics · Economics 2023-12-12 Haoge Chang , Yusuke Narita , Kota Saito

The study of network formation is pervasive in economics, sociology, and many other fields. In this paper, we model network formation as a `choice' that is made by nodes in a network to connect to other nodes. We study these `choices' using…

Social and Information Networks · Computer Science 2022-08-30 Harsh Gupta , Mason A. Porter

This paper discusses {General Random Utility Models (GRUMs)}. These are a class of parametric models that generate partial ranks over alternatives given attributes of agents and alternatives. We propose two preference elicitation scheme for…

Artificial Intelligence · Computer Science 2013-09-27 Hossein Azari Soufiani , David C. Parkes , Lirong Xia

This paper introduces the Mixed Aggregate Preference Logit (MAPL, pronounced "maple'') model, a novel class of discrete choice models that leverages machine learning to model unobserved heterogeneity in discrete choice analysis. The…

Econometrics · Economics 2025-03-05 Connor R. Forsythe , Cristian Arteaga , John P. Helveston

Outliers in discrete choice response data may result from misclassification and misreporting of the response variable and from choice behaviour that is inconsistent with modelling assumptions (e.g. random utility maximisation). In the…

Econometrics · Economics 2022-12-06 Rico Krueger , Michel Bierlaire , Thomas Gasos , Prateek Bansal

The univariate generalized extreme value (GEV) distribution is the most commonly used tool for analyzing the properties of rare events. The ever greater utilization of Bayesian methods for extreme value analysis warrants detailed…

Statistics Theory · Mathematics 2023-07-03 Likun Zhang , Benjamin A. Shaby

The multivariate probit model (MVP) is a popular classic model for studying binary responses of multiple entities. Nevertheless, the computational challenge of learning the MVP model, given that its likelihood involves integrating over a…

Machine Learning · Computer Science 2018-07-16 Di Chen , Yexiang Xue , Carla P. Gomes

Generalized linear mixed models (GLMM) are used for inference and prediction in a wide range of different applications providing a powerful scientific tool. An increasing number of sources of data are becoming available, introducing a…

Computation · Statistics 2019-03-19 Aliaksandr Hubin , Geir Storvik

Random utility theory models an agent's preferences on alternatives by drawing a real-valued score on each alternative (typically independently) from a parameterized distribution, and then ranking the alternatives according to scores. A…

Multiagent Systems · Computer Science 2012-11-13 Hossein Azari Soufiani , David C. Parkes , Lirong Xia

It is an enduring question how to combine revealed preference (RP) and stated preference (SP) data to analyze travel behavior. This study presents a framework of multitask learning deep neural networks (MTLDNNs) for this question, and…

General Economics · Economics 2019-08-28 Shenhao Wang , Qingyi Wang , Jinhua Zhao

The heavy-tailed behavior of the generalized extreme-value distribution makes it a popular choice for modeling extreme events such as floods, droughts, heatwaves, wildfires, etc. However, estimating the distribution's parameters using…

Global variational approximation methods in graphical models allow efficient approximate inference of complex posterior distributions by using a simpler model. The choice of the approximating model determines a tradeoff between the…

Artificial Intelligence · Computer Science 2013-01-14 Tal El-Hay , Nir Friedman

We propose a microscopic decision model for route choice based on discrete choice theory. The correlation of overlapping routes is included in the random portions of the utility explicitly. For computational efficiency, we restrict the…

Physics and Society · Physics 2018-11-29 Markus Rausch , Martin Treiber , Stefan Lämmer

This article extends the multivariate extreme value theory (MEVT) to discrete settings, focusing on the generalized Pareto distribution (GPD) as a foundational tool. The purpose of the study is to enhance the understanding of extreme…

Methodology · Statistics 2025-06-25 Samira Aka , Marie Kratz , Philippe Naveau

Geostatistical models for multivariate applications such as heavy metal soil contamination work under Gaussian assumptions and may result in underestimated extreme values and misleading risk assessments (Marchant et al, 2011). A more…

Applications · Statistics 2024-02-23 M. Daniela Cuba , Marian Scott , Benjamin P. Marchant , Daniela Castro-Camilo

Multicriteria decision analysis aims at supporting a person facing a decision problem involving conflicting criteria. We consider an additive utility model which provides robust conclusions based on preferences elicited from the decision…

Artificial Intelligence · Computer Science 2015-02-17 K. Belahcene , C. Labreuche , N. Maudet , V. Mousseau , W. Ouerdane