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Often, it is required to estimate the probability that a quantity such as toxicity level, plutonium, temperature, rainfall, damage, wind speed, wave size, earthquake magnitude, risk, etc., exceeds an unsafe high threshold. The probability…

Methodology · Statistics 2019-07-24 Benjamin Kedem , Lemeng Pan , Paul Smith , Chen Wang

Expectiles define the only law-invariant, coherent and elicitable risk measure apart from the expectation. The popularity of expectile-based risk measures is steadily growing and their properties have been studied for independent data, but…

Methodology · Statistics 2021-10-13 Anthony C. Davison , Simone A. Padoan , Gilles Stupfler

Probabilistic programming and the formal analysis of probabilistic algorithms are active areas of research, driven by the widespread use of randomness to improve performance. While functional correctness has seen substantial progress,…

Logic in Computer Science · Computer Science 2025-08-21 Matthias Hetzenberger , Georg Moser , Florian Zuleger

We study the problem of constructing simulations of a given randomized search algorithm \texttt{alg} with expected running time $O( \mathcal{O} \log \mathcal{O})$, where $\mathcal{O}$ is the optimal expected running time of any such…

Data Structures and Algorithms · Computer Science 2025-03-07 Stav Ashur , Sariel Har-Peled

Randomized algorithms for deciding satisfiability were shown to be effective in solving problems with thousands of variables. However, these algorithms are not complete. That is, they provide no guarantee that a satisfying assignment, if…

Artificial Intelligence · Computer Science 2007-05-23 Deborah East , Miroslaw Truszczynski

Many state-of-the-art algorithms for solving hard combinatorial problems in artificial intelligence (AI) include elements of stochasticity that lead to high variations in runtime, even for a fixed problem instance. Knowledge about the…

Artificial Intelligence · Computer Science 2018-07-10 Katharina Eggensperger , Marius Lindauer , Frank Hutter

Tail averaging consists in averaging the last examples in a stream. Common techniques either have a memory requirement which grows with the number of samples to average, are not available at every timestep or do not accomodate growing…

Machine Learning · Computer Science 2019-02-21 Nicolas Le Roux

Under K.-T. Sturm's formulation, we obtain a Gaussian upper bound for tail probability of mean value of independent, identically distributed random variables with values in $\mathbb{R}$-trees and Hadamard manifolds.

Probability · Mathematics 2009-06-04 Kei Funano

Social, technological and economic time series are divided by events which are usually assumed to be random albeit with some hierarchical structure. It is well known that the interevent statistics observed in these contexts differs from the…

Trading and Market Microstructure · Quantitative Finance 2008-12-02 J. Perello , J. Masoliver , A. Kasprzak , R. Kutner

Given a composite null hypothesis H, test supermartingales are non-negative supermartingales with respect to H with initial value 1. Large values of test supermartingales provide evidence against H. As a result, test supermartingales are an…

Statistics Theory · Mathematics 2020-03-27 Peter Wills , Emanuel Knill , Kevin Coakley , Yanbao Zhang

The so-called partition function is a sample moment statistic based on blocks of data and it is often used in the context of multifractal processes. It will be shown that its behaviour is strongly influenced by the tail of the distribution…

Methodology · Statistics 2013-10-02 Danijel Grahovac , Mofei Jia , Nikolai N. Leonenko , Emanuele Taufer

The asymptotics of the probability that the self-intersection local time of a random walk on $\Z^d$ exceeds its expectation by a large amount is a fascinating subject because of its relation to some models from Statistical Mechanics, to…

Probability · Mathematics 2010-11-16 Wolfgang König

Empirical distributions have their in-sample maxima as natural censoring. We look at the "hidden tail", that is, the part of the distribution in excess of the maximum for a sample size of $n$. Using extreme value theory, we examine the…

Statistical Finance · Quantitative Finance 2020-04-14 Nassim Nicholas Taleb

Many results in stochastic analysis and mathematical finance involve local martingales. However, specific examples of strict local martingales are rare and analytically often rather unhandy. We study local martingales that follow a given…

Probability · Mathematics 2015-10-13 Martin Herdegen , Sebastian Herrmann

Many quantitative properties of probabilistic programs can be characterized as least fixed points, but verifying their lower bounds remains a challenging problem. We present a new approach to lower-bound verification that exploits and…

Logic in Computer Science · Computer Science 2026-04-21 Satoshi Kura , Hiroshi Unno , Takeshi Tsukada

We give a probabilistic analysis for the randomized game tree evaluation algorithm of Snir. We first show that there exists an input such that the running time, measured as the number of external nodes read by the algorithm, on that input…

Probability · Mathematics 2007-05-23 Tämur Ali Khan , Ralph Neininger

As an alternative to the well-known methods of "chaining" and "bracketing" that have been developed in the study of random fields, a new method, which is based on a {\em stochastic maximal inequality} derived by using the formula for…

Probability · Mathematics 2017-08-16 Yoichi Nishiyama

This paper provides an introductory overview of how one may employ importance sampling effectively as a tool for solving stochastic optimization formulations incorporating tail risk measures such as Conditional Value-at-Risk. Approximating…

Risk Management · Quantitative Finance 2023-07-11 Anand Deo , Karthyek Murthy

The best arm identification problem requires identifying the best alternative (i.e., arm) in active experimentation using the smallest number of experiments (i.e., arm pulls), which is crucial for cost-efficient and timely decision-making…

Machine Learning · Computer Science 2025-06-17 Kapilan Balagopalan , Tuan Ngo Nguyen , Yao Zhao , Kwang-Sung Jun

We propose trace abstraction modulo probability, a proof technique for verifying high-probability accuracy guarantees of probabilistic programs. Our proofs overapproximate the set of program traces using failure automata, finite-state…

Programming Languages · Computer Science 2018-10-31 Calvin Smith , Justin Hsu , Aws Albarghouthi