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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

In this paper we propose an overview of the recent academic literature devoted to the applications of Hawkes processes in finance. Hawkes processes constitute a particular class of multivariate point processes that has become very popular…

Trading and Market Microstructure · Quantitative Finance 2015-05-19 Emmanuel Bacry , Iacopo Mastromatteo , Jean-François Muzy

Linear multivariate Hawkes processes (MHP) are a fundamental class of point processes with self-excitation. When estimating parameters for these processes, a difficulty is that the two main error functionals, the log-likelihood and the…

Methodology · Statistics 2021-11-23 Álvaro Cartea , Samuel N. Cohen , Saad Labyad

We propose a novel class of network models for temporal dyadic interaction data. Our goal is to capture a number of important features often observed in social interactions: sparsity, degree heterogeneity, community structure and…

Machine Learning · Statistics 2018-10-30 Xenia Miscouridou , François Caron , Yee Whye Teh

Multivariate Hawkes processes (MHP) are a class of point processes in which events at different coordinates interact through mutual excitation. The weighted adjacency matrix of the MHP encodes the strength of the relations, and shares its…

Statistics Theory · Mathematics 2024-05-21 Antoine Lotz

We consider the learning of multi-agent Hawkes processes, a model containing multiple Hawkes processes with shared endogenous impact functions and different exogenous intensities. In the framework of stochastic maximum likelihood…

Machine Learning · Statistics 2018-02-15 Hongteng Xu , Xu Chen , Lawrence Carin

Event data consisting of time of occurrence of the events arises in several real-world applications. Recent works have introduced neural network based point processes for modeling event-times, and were shown to provide state-of-the-art…

Machine Learning · Computer Science 2022-01-20 Manisha Dubey , Ragja Palakkadavath , P. K. Srijith

We consider a multivariate non-linear Hawkes process in a multi-class setup where particles are organised within two populations of possibly different sizes, such that one of the populations acts excitatory on the system while the other…

Probability · Mathematics 2020-04-07 Mads Bonde Raad , Eva Löcherbach

We show that the jumps correlation matrix of a multivariate Hawkes process is related to the Hawkes kernel matrix through a system of Wiener-Hopf integral equations. A Wiener-Hopf argument allows one to prove that this system (in which the…

Methodology · Statistics 2015-02-16 Emmanuel Bacry , Jean-Francois Muzy

The rapid growth of social media has been witnessed during recent years as a result of the prevalence of the internet. This trend brings an increasing interest in simulating social media which can provide valuable insights to both academic…

Social and Information Networks · Computer Science 2021-08-11 Ao Qu , Ismael Lemhadri

Self-exciting processes of Hawkes type have been used to model various phenomena including earthquakes, neural activities, and views of online videos. Studies of temporal networks have revealed that sequences of social interevent times for…

Physics and Society · Physics 2015-06-05 Naoki Masuda , Taro Takaguchi , Nobuo Sato , Kazuo Yano

Targeting a better understanding of credit market dynamics, the authors have studied a stochastic model named the Hawkes process. Describing trades arrival times, this kind of model allows for the capture of self-excitement and mutual…

Applications · Statistics 2019-02-12 Achraf Bahamou , Maud Doumergue , Philippe Donnat

We study nonparametric methods for the setting where multiple distinct networks are observed on the same set of nodes. Such samples may arise in the form of replicated networks drawn from a common distribution, or in the form of…

Methodology · Statistics 2020-01-15 Swati Chandna , Pierre-Andre Maugis

A Hawkes process model with a time-varying background rate is developed for analyzing the high-frequency financial data. In our model, the logarithm of the background rate is modeled by a linear model with a relatively large number of…

Statistical Finance · Quantitative Finance 2017-07-24 Takahiro Omi , Yoshito Hirata , Kazuyuki Aihara

Driven by the recent surge in neural-inspired modeling, point processes have gained significant traction in systems and control. While the Hawkes process is the standard model for characterizing random event sequences with memory,…

Methodology · Statistics 2026-02-25 Xinhui Rong , Girish N. Nair

The Hawkes process and its extensions effectively model self-excitatory phenomena including earthquakes, viral pandemics, financial transactions, neural spike trains and the spread of memes through social networks. The usefulness of these…

Applications · Statistics 2020-05-21 Andrew J. Holbrook , Charles E. Loeffler , Seth R. Flaxman , Marc A. Suchard

This paper studies nonparametric estimation of parameters of multivariate Hawkes processes. We consider the Bayesian setting and derive posterior concentration rates. First rates are derived for L1-metrics for stochastic intensities of the…

Statistics Theory · Mathematics 2018-03-28 Sophie Donnet , Vincent Rivoirard , Judith Rousseau

We provide probabilistic and computational results on Markovian multivariate Hawkes processes and induced population processes. By applying the Markov property, we characterize in closed form a joint transform, bijective to the probability…

Probability · Mathematics 2025-08-08 R. S. Karim , R. J. A. Laeven , M , M. Mandjes

Point processes offer a versatile framework for sequential event modeling. However, the computational challenges and constrained representational power of the existing point process models have impeded their potential for wider…

Machine Learning · Statistics 2025-01-22 Zheng Dong , Zekai Fan , Shixiang Zhu

The Hawkes process (HP) is commonly used to model event sequences with self-reinforcing dynamics, including electronic health records (EHRs). Traditional HPs capture self-reinforcement via parametric impact functions that can be inspected…

Machine Learning · Statistics 2025-10-23 Yuankang Zhao , Matthew Engelhard