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We develop a model for the dynamic evolution of default-free and defaultable interest rates in a LIBOR framework. Utilizing the class of affine processes, this model produces positive LIBOR rates and spreads, while the dynamics are…

Pricing of Securities · Quantitative Finance 2013-07-15 Zorana Grbac , Antonis Papapantoleon

We propose using deep reinforcement learning to solve dynamic stochastic general equilibrium models. Agents are represented by deep artificial neural networks and learn to solve their dynamic optimisation problem by interacting with the…

Econometrics · Economics 2023-01-06 Mingli Chen , Andreas Joseph , Michael Kumhof , Xinlei Pan , Xuan Zhou

Prediction of post-loan default is an important task in credit risk management, and can be addressed by detection of financial anomalies using machine learning. This study introduces a ResE-BiLSTM model, using a sliding window technique,…

Machine Learning · Computer Science 2025-08-04 Yue Yang , Yuxiang Lin , Ying Zhang , Zihan Su , Chang Chuan Goh , Tangtangfang Fang , Anthony Graham Bellotti , Boon Giin Lee

Recommender systems present a customized list of items based upon user or item characteristics with the objective of reducing a large number of possible choices to a smaller ranked set most likely to appeal to the user. A variety of…

Information Retrieval · Computer Science 2024-07-02 William Noffsinger

As an integral part of contemporary manufacturing, monitoring systems obtain valuable information during machining to oversee the condition of both the process and the machine. Recently, diverse algorithms have been employed to detect tool…

Machine Learning · Computer Science 2024-10-10 Zongshuo Li , Markus Meurer , Thomas Bergs

The authors examine the concept of probability of default for asset-backed loans. In contrast to unsecured loans it is shown that probability of default can be defined as either a measure of the likelihood of the borrower failing to make…

Risk Management · Quantitative Finance 2013-07-01 David Chisholm , Graham Andersen

With the ever-growing achievements in Artificial Intelligence (AI) and the recent boosted enthusiasm in Financial Technology (FinTech), applications such as credit scoring have gained substantial academic interest. Credit scoring helps…

Risk Management · Quantitative Finance 2020-12-08 Lara Marie Demajo , Vince Vella , Alexiei Dingli

Modeling and prediction of review helpfulness has become more predominant due to proliferation of e-commerce websites and online shops. Since the functionality of a product cannot be tested before buying, people often rely on different…

Computation and Language · Computer Science 2020-04-29 Iyiola E. Olatunji , Xin Li , Wai Lam

Customer churn describes terminating a relationship with a business or reducing customer engagement over a specific period. Two main business marketing strategies play vital roles to increase market share dollar-value: gaining new and…

Machine Learning · Computer Science 2023-04-24 David Hason Rudd , Huan Huo , Guandong Xu

Behaviour prediction function of an autonomous vehicle predicts the future states of the nearby vehicles based on the current and past observations of the surrounding environment. This helps enhance their awareness of the imminent hazards.…

Computer Vision and Pattern Recognition · Computer Science 2020-08-07 Sajjad Mozaffari , Omar Y. Al-Jarrah , Mehrdad Dianati , Paul Jennings , Alexandros Mouzakitis

As several studies have shown, predicting credit risk is still a major concern for the financial services industry and is receiving a lot of scholarly interest. This area of study is crucial because it aids financial organizations in…

Machine Learning · Computer Science 2024-12-24 Sahar Yarmohammadtoosky Dinesh Chowdary Attota

Deep Learning (DL) has been widely adopted in diverse industrial domains, including autonomous driving, intelligent healthcare, and aided programming. Like traditional software, DL systems are also prone to faults, whose malfunctioning may…

Machine Learning · Computer Science 2026-01-01 Hanmo You , Zan Wang , Zishuo Dong , Luanqi Mo , Jianjun Zhao , Junjie Chen

Industrial prognostics focuses on utilizing degradation signals to forecast and continually update the residual useful life of complex engineering systems. However, existing prognostic models for systems with multiple failure modes face…

Machine Learning · Computer Science 2025-01-15 Yuqi Su , Xiaolei Fang

Deep learning (DL) has recently attracted increasing interest to improve object type classification for automotive radar.In addition to high accuracy, it is crucial for decision making in autonomous vehicles to evaluate the reliability of…

Machine Learning · Computer Science 2021-06-11 Kanil Patel , William Beluch , Kilian Rambach , Adriana-Eliza Cozma , Michael Pfeiffer , Bin Yang

As machine learning models are increasingly deployed in high-stakes domains such as legal and financial decision-making, there has been growing interest in post-hoc methods for generating counterfactual explanations. Such explanations…

Machine Learning · Computer Science 2022-03-22 Alexis Ross , Himabindu Lakkaraju , Osbert Bastani

Currently, various uncertainty quantification methods have been proposed to provide certainty and probability estimates for deep learning models' label predictions. Meanwhile, with the growing demand for the right to be forgotten, machine…

Machine Learning · Computer Science 2025-08-12 Wei Qian , Chenxu Zhao , Yangyi Li , Wenqian Ye , Mengdi Huai

Learning user preferences for products based on their past purchases or reviews is at the cornerstone of modern recommendation engines. One complication in this learning task is that some users are more likely to purchase products or review…

Information Retrieval · Computer Science 2023-03-08 Wanning Chen , Mohsen Bayati

The recent surge in Deep Learning (DL) research of the past decade has successfully provided solutions to many difficult problems. The field of quantitative analysis has been slowly adapting the new methods to its problems, but due to…

It is crucial today that economies harness renewable energies and integrate them into the existing grid. Conventionally, energy has been generated based on forecasts of peak and low demands. Renewable energy can neither be produced on…

Signal Processing · Electrical Eng. & Systems 2019-10-02 Alexey Györi , Mathis Niederau , Violett Zeller , Volker Stich

In decision making tasks under uncertainty, humans display characteristic biases in seeking, integrating, and acting upon information relevant to the task. Here, we reexamine data from previous carefully designed experiments, collected at…

Artificial Intelligence · Computer Science 2021-02-05 Soumya Chatterjee , Pradeep Shenoy