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We study combinations of risk measures under no restrictive assumption on the set of alternatives. We develop and discuss results regarding the preservation of properties and acceptance sets for the combinations of risk measures. One of the…

Mathematical Finance · Quantitative Finance 2023-05-09 Marcelo Brutti Righi

We extend the theory of low-rank matrix recovery and completion to the case when Poisson observations for a linear combination or a subset of the entries of a matrix are available, which arises in various applications with count data. We…

Machine Learning · Computer Science 2016-04-20 Yang Cao , Yao Xie

In this article, we study the Poisson process of order k (PPoK) time-changed with an independent L\'evy subordinator and its inverse, which we call respectively, as TCPPoK-I and TCPPoK-II, through various distributional properties,…

Probability · Mathematics 2018-11-13 Ayushi S. Sengar , A. Maheshwari , N. S. Upadhye

In this paper we study the joint ruin problem for two insurance companies that divide between them both claims and premia in some specified proportions (modeling two branches of the same insurance company or an insurance and re-insurance…

Probability · Mathematics 2007-11-16 Florin Avram , Zbigniew Palmowski , Martijn Pistorius

In light of intense hurricane activity along the U.S. Atlantic coast, attention has turned to understanding both the economic impact and behaviour of these storms. The compound Poisson-lognormal process has been proposed as a model for…

Applications · Statistics 2016-02-15 Simon Mak , Derek Bingham , Yi Lu

This paper addresses the mapping problem. Using a conjugate prior form, we derive the exact theoretical batch multi-object posterior density of the map given a set of measurements. The landmarks in the map are modeled as extended objects,…

Machine Learning · Statistics 2018-11-09 Maryam Fatemi , Karl Granström , Lennart Svensson , Francisco J. R. Ruiz , Lars Hammarstrand

In this work, we analytically investigate a degenerating PDE system for phase separation and complete damage processes considered on a nonsmooth time-dependent domain with mixed boundary conditions. The evolution of the system is described…

Analysis of PDEs · Mathematics 2016-09-16 Christian Heinemann , Christiane Kraus

A stochastic algorithm is proposed, finding the set of generalized means associated to a probability measure on a compact Riemannian manifold M and a continuous cost function on the product of M by itself. Generalized means include p-means…

Probability · Mathematics 2013-05-28 Marc Arnaudon , Laurent Miclo

The claim arrival process to an insurance company is modeled by a compound Poisson process whose intensity and/or jump size distribution changes at an unobservable time with a known distribution. It is in the insurance company's interest to…

Optimization and Control · Mathematics 2008-12-10 Erhan Bayraktar , H. Vincent Poor

This article develops, and describes how to use, results concerning disintegrations of Poisson random measures. These results are fashioned as simple tools that can be tailor-made to address inferential questions arising in a wide range of…

Statistics Theory · Mathematics 2007-06-13 Lancelot F. James

In this article, the compound Poisson processes of order $k$ (CPPoK) is introduced and its properties are discussed. Further, using mixture of tempered stable subordinator (MTSS) and its right continuous inverse, the two subordinated CPPoK…

Probability · Mathematics 2020-05-05 Ayushi Singh Sengar , N. S. Upadhye

We consider a generalization of the classical risk model when the premium intensity depends on the current surplus of an insurance company. All surplus is invested in the risky asset, the price of which follows a geometric Brownian motion.…

Probability · Mathematics 2014-03-28 Yuliya Mishura , Mykola Perestyuk , Olena Ragulina

We present sufficient conditions for sums of dependent point processes to converge in distribution to a Poisson process. This extends the classical result of Grigelionis [Theory Probab. Appl. 8 (1963) 172--182] for sums of uniformly null…

Probability · Mathematics 2007-05-23 Matthew O. Jones , Richard F. Serfozo

Pick n points independently at random in R^2, according to a prescribed probability measure mu, and let D^n_1 <= D^n_2 <= ... be the areas of the binomial n choose 3 triangles thus formed, in non-decreasing order. If mu is absolutely…

Probability · Mathematics 2007-05-23 Geoffrey Grimmett , Svante Janson

By a method inspired of the Stein's method, we derive an upper-bound of the Rubinstein distance between two absolutely continuous probability measures on configurations space. As an application, we show that the best way to approximate a…

Probability · Mathematics 2007-07-04 Laurent Decreusefond , Nicolas Savy

We derive conditions under which alternating renewal processes can be used to construct correlated Poisson processes. The pairwise correlation function is also derived, showing that the resulting correlations can be negative. The technique…

Data Analysis, Statistics and Probability · Physics 2008-11-25 Don H. Johnson

For measure preserving dynamical systems on metric spaces we study the time needed by a typical orbit to return back close to its starting point. We prove that when the decay of correlation is super-polynomial the recurrence rates and the…

Dynamical Systems · Mathematics 2007-05-23 Benoit Saussol

This paper investigates the Parisian ruin probability for processes with power-asymmetric behavior of the variance near the unique optimal point. We derive the exact asymptotics as the ruin boundary tends to infinity and extend the previous…

Probability · Mathematics 2024-01-12 Pavel Ievlev

In this article, we investigate posterior convergence of nonparametric binary and Poisson regression under possible model misspecification, assuming general stochastic process prior with appropriate properties. Our model setup and objective…

Statistics Theory · Mathematics 2020-05-04 Debashis Chatterjee , Sourabh Bhattacharya

A new multivariate distribution possessing arbitrarily parametrized and positively dependent univariate Pareto margins is introduced. Unlike the probability law of Asimit et al. (2010) [Asimit, V., Furman, E. and Vernic, R. (2010) On a…

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