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Recently, Verma et al. (2025) introduced a novel generalized class of Kavya-Manoharan distributions, which have demonstrated significant utility in reliability analysis and the modeling of lifetime data. This paper proposes an extension of…

Methodology · Statistics 2025-09-30 Lazhar Benkhelifa

We introduce a class of dependence structures, that we call the Multiple Risk Factor (MRF) dependence structures. On the one hand, the new constructions extend the popular CreditRisk+ approach, and as such they formally describe default…

Risk Management · Quantitative Finance 2016-07-19 Jianxi Su , Edward Furman

We propose a multivariate framework for modeling dependent default times that extends the classical Cox process by incorporating both common and idiosyncratic shocks. Our construction uses c\`adl\`ag, increasing processes to model…

Probability · Mathematics 2025-08-08 Djibril Gueye , Alejandra Quintos

A new family of continuous distribution is proposed by using Kumaraswamy-G (Cordeiro and de Castro, 2011) distribution as the base line distribution in the Marshal-Olkin (Marshall and Olkin, 1997) construction. A number of known…

Statistics Theory · Mathematics 2016-08-23 Laba Handique , Subrata Chakraborty

We introduce a novel class of bivariate common-shock discrete phase-type (CDPH) distributions to describe dependencies in loss modeling, with an emphasis on those induced by common shocks. By constructing two jointly evolving terminating…

Statistics Theory · Mathematics 2026-01-14 Martin Bladt , Eric C. K. Cheung , Oscar Peralta , Jae-Kyung Woo

An integrated Equation of State (EOS) and strength/pore-crush/damage model framework is provided for modeling near to source (near-field) ground-shock response, where large deformations and pressures necessitate coupling EOS with…

Computational Engineering, Finance, and Science · Computer Science 2024-03-08 Kane C. Bennett , Alyson M. Stahl , Thomas R. Canfield , Garrett G. Euler

The concepts of probability, statistics and stochastic theory are being successfully used in structural engineering. Markov Chain modelling is a simple stochastic process model that has found its application in both describing stochastic…

Applications · Statistics 2007-08-14 K. Balaji Rao

The efficient modeling for disorder in a phenomena depends on the chosen score and objective functions. The main parameters in modeling are location, scale and shape. The exponential power distribution known as generalized Gaussian is…

Statistics Theory · Mathematics 2021-02-08 Mehmet Niyazi Çankaya

In this paper, we introduce a novel high-order shock tracking method and provide a proof of concept. Our method leverages concepts from implicit shock tracking and extended discontinuous Galerkin methods, primarily designed for solving…

Numerical Analysis · Mathematics 2023-11-29 Jakob Vandergrift , Florian Kummer

This work focuses on the thermodynamics of pseudo-elastic models which represent the Mullins effect. Two established models are analyzed theoretically, their thermomechanical properties are derived, and certain critical points are…

Materials Science · Physics 2014-08-05 Christoph Naumann , Jörn Ihlemann

In this paper we introduce some new copulas emerging from shock models. It was shown earlier that reflected maxmin copulas (RMM for short) are not just some specific singular copulas; they contain many important absolutely continuous…

Statistics Theory · Mathematics 2023-08-09 Damjana Kokol Bukovšek , Tomaž Košir , Blaž Mojškerc , Matjaž Omladič

We develop off-lattice simulations of semiflexible polymer chains subjected to applied mechanical forces using Markov Chain Monte Carlo. Our approach models the polymer as a chain of fixed-length bonds, with configurations updated through…

Soft Condensed Matter · Physics 2024-11-26 Lijie Ding , Chi-Huan Tung , Bobby G. Sumpter , Wei-Ren Chen , Changwoo Do

A random neighbor extremal stick-slip model is introduced. In the thermodynamic limit, the distribution of states has a simple analytical form and the mean avalanche size, as a function of the coupling parameter, is exactly calculable. The…

Statistical Mechanics · Physics 2010-06-10 Osame Kinouchi , Carmen P. C. do Prado

We investigate numerically the yielding transition of a two dimensional model amorphous solid under external shear. We use a scalar model in terms of values of the total local strain, that we derive from the full (tensorial) description of…

Statistical Mechanics · Physics 2018-07-18 I. Fernández Aguirre , E. A. Jagla

This article proposes a generalized notion of extreme multivariate dependence between two random vectors which relies on the extremality of the cross-covariance matrix between these two vectors. Using a partial ordering on the…

Econometrics · Economics 2021-02-10 Damien Bosc , Alfred Galichon

In this article, inferences about the multicomponent stress strength reliability are drawn under the assumption that strength and stress follow independent Pareto distribution with different shapes $(\alpha_1,\alpha_2)$ and common scale…

Statistics Theory · Mathematics 2024-08-29 Qazi Azhad Jamal , Mohd. Arshad , Nancy Khandelwal

We propose a novel framework for modeling time-varying persistence in economic time series, allowing for smoothly evolving heterogeneity in shock dynamics. We leverage localized regression techniques to flexibly identify changes in…

General Finance · Quantitative Finance 2025-06-06 Jozef Barunik , Lukas Vacha

Modeling dependencies among features is fundamental for many machine learning tasks. Although there are often multiple related instances that may be leveraged to inform conditional dependencies, typical approaches only model conditional…

Machine Learning · Computer Science 2021-02-12 Yang Li , Junier B. Oliva

We provide a unified approach to MM-estimation with auxiliary scale for balanced linear models with structured covariance matrices. This approach leads to estimators that are highly robust against outliers and highly efficient for normal…

Statistics Theory · Mathematics 2025-11-10 Hendrik Paul Lopuhaa

In this paper, we develop a general theory for the estimation of the transition probabilities of reversible Markov chains using the maximum entropy principle. A broad range of physical models can be studied within this approach. We use…

Statistical Mechanics · Physics 2015-05-14 Erik Van der Straeten