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The Hawkes process has become a standard method for modeling self-exciting event sequences with different event types. A recent work has generalized the Hawkes process to a neurally self-modulating multivariate point process, which enables…

Machine Learning · Computer Science 2020-06-16 Zhen Han , Yunpu Ma , Yuyi Wang , Stephan Günnemann , Volker Tresp

The monitoring of conflict risk in the humanitarian sector is largely based on simple historic averages. The overarching goal of this work is to assess the potential for using a more statistically rigorous approach to monitor the risk of…

Applications · Statistics 2026-02-04 Raiha Browning , Hamish Patten , Judith Rousseau , Kerrie Mengersen

The Hawkes process is used to model point process data where events occur in clusters and bursts. In a standard multivariate Hawkes process, every event that occurs in a dimension has an equal impact on the process intensity. However, this…

Methodology · Statistics 2026-05-05 Gordon J Ross , Isabella Deutsch

We define a new model using a Hawkes process as a subordinator in a standard Brownian motion. We demonstrate that this Hawkes subordinated Brownian motion or more succinctly, variance-Hawkes process can be fit to 2018 and 2019 natural gas…

Mathematical Finance · Quantitative Finance 2024-10-14 Joshua McGillivray , Anatoliy Swishchuk

Hawkes processes are often applied to model dependence and interaction phenomena in multivariate event data sets, such as neuronal spike trains, social interactions, and financial transactions. In the nonparametric setting, learning the…

Statistics Theory · Mathematics 2023-09-04 Deborah Sulem , Vincent Rivoirard , Judith Rousseau

We propose an extension to Hawkes processes by treating the levels of self-excitation as a stochastic differential equation. Our new point process allows better approximation in application domains where events and intensities accelerate…

Machine Learning · Computer Science 2016-09-23 Young Lee , Kar Wai Lim , Cheng Soon Ong

In the last decade Hawkes processes have received much attention as models for functional connectivity in neural spiking networks and other dynamical systems with a cascade behavior. In this paper we establish a renewal approach for…

Probability · Mathematics 2019-06-11 Mads Bonde Raad

We prove a law of large numbers and a functional central limit theorem for multivariate Hawkes processes observed over a time interval $[0,T]$ in the limit $T \rightarrow \infty$. We further exhibit the asymptotic behaviour of the…

Probability · Mathematics 2012-02-07 Emmanuel Bacry , Sylvain Delattre , Marc Hoffmann , Jean François Muzy

In this paper, we develop sample path large deviations for multivariate Hawkes processes with heavy-tailed mutual excitation rates. Our results address a broad class of rare events in Hawkes processes at the sample path level and, via the…

Probability · Mathematics 2025-05-01 Jose Blanchet , Roger J. A. Laeven , Xingyu Wang , Bert Zwart

Hawkes process models are used in settings where past events increase the likelihood of future events occurring. Many applications record events as counts on a regular grid, yet discrete-time Hawkes models remain comparatively underused and…

Machine Learning · Statistics 2026-02-11 Trinnhallen Brisley , Gordon Ross , Daniel Paulin

A simple Hawkes model have been developed for the price tick structure dynamics incorporating market microstructure noise and trade clustering. In this paper, the model is extended with random mark to deal with more realistic price tick…

Statistical Finance · Quantitative Finance 2019-07-30 Kyungsub Lee , Byoung Ki Seo

Modelling and forecasting the occurrence of extreme events is especially difficult when the event process is nonstationary, with changes in both the rate at which extremes occur and the magnitude of the extremes when they occur. We approach…

Methodology · Statistics 2026-05-06 Gordon J. Ross , Dean Markwick

Modeling event dynamics is central to many disciplines. Patterns in observed event arrival times are commonly modeled using point processes. Such event arrival data often exhibits self-exciting, heterogeneous and sporadic trends, which is…

Applications · Statistics 2021-08-16 Jing Wu , Owen G. Ward , James Curley , Tian Zheng

It has been suggested that marked point processes might be good candidates for the modelling of financial high-frequency data. A special class of point processes, Hawkes processes, has been the subject of various investigations in the…

Trading and Market Microstructure · Quantitative Finance 2019-08-23 Ioane Muni Toke

Hawkes processes have been shown to be efficient in modeling bursty sequences in a variety of applications, such as finance and social network activity analysis. Traditionally, these models parameterize each process independently and assume…

Machine Learning · Computer Science 2021-02-02 Mengfan Yao , Siqian Zhao , Shaghayegh Sahebi , Reza Feyzi Behnagh

We consider oscillatory systems of interacting Hawkes processes introduced in Ditlevsen and Loecherbach (2017) to model multi-class systems of interacting neurons together with the diffusion approximations of their intensity processes. This…

Probability · Mathematics 2017-09-28 Eva Löcherbach

We prove a moderate deviation principle for the continuous time interpolation of discrete time recursive stochastic processes. The methods of proof are somewhat different from the corresponding large deviation result, and in particular the…

Probability · Mathematics 2014-01-24 Paul Dupuis , Dane Johnson

As a tool for capturing irregular temporal dependencies (rather than resorting to binning temporal observations to construct time series), Hawkes processes with exponential decay have seen widespread adoption across many application…

Machine Learning · Computer Science 2021-04-05 Tiago Santos , Florian Lemmerich , Denis Helic

The Hawkes process is a versatile stochastic model for point patterns that exhibit self-excitation, that is, the property that an event occurrence increases the rate of occurrence for some period of time in the future. We present a Bayesian…

Methodology · Statistics 2025-12-01 Hyotae Kim , Athanasios Kottas

Stablecoins, digital assets pegged to a specific currency or commodity value, are heavily involved in transactions of major cryptocurrencies. The effects of deviations from their desired fixed values (depeggings) on the cryptocurrencies for…

Statistical Finance · Quantitative Finance 2022-05-16 Connor Oxenhorn
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