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The clarion call for causal reduction in the study of capital markets is intensifying. However, in self-referencing and open systems such as capital markets, the idea of unidirectional causation (if applicable) may be limiting at best, and…

General Finance · Quantitative Finance 2026-05-07 Daniel Polakow , Tim Gebbie , Emlyn Flint

Causal inference is central to many areas of artificial intelligence, including complex reasoning, planning, knowledge-base construction, robotics, explanation, and fairness. An active community of researchers develops and enhances…

Artificial Intelligence · Computer Science 2019-11-05 Amanda Gentzel , Dan Garant , David Jensen

We investigate the utility in employing asymptotic results related to a clustering criterion to the problem of testing for the presence of jumps in financial models. We consider the Jump Diffusion model for option pricing and demonstrate…

Statistics Theory · Mathematics 2013-10-08 Karthik Bharath , Vladimir Pozdnyakov , Dipak. K. Dey

In this paper we discuss recent developments in econometrics that we view as important for empirical researchers working on policy evaluation questions. We focus on three main areas, where in each case we highlight recommendations for…

Methodology · Statistics 2017-10-26 Susan Athey , Guido Imbens

Machine learning systems increasingly depend on pipelines of multiple algorithms to provide high quality and well structured predictions. This paper argues interaction effects between clustering and prediction (e.g. classification,…

Machine Learning · Statistics 2019-01-01 Matt Barnes , Artur Dubrawski

Clustering is part of unsupervised analysis methods that consist in grouping samples into homogeneous and separate subgroups of observations also called clusters. To interpret the clusters, statistical hypothesis testing is often used to…

Methodology · Statistics 2022-10-25 Benjamin Hivert , Denis Agniel , Rodolphe Thiébaut , Boris P Hejblum

Peer-grouping is used in many sectors for organisational learning, policy implementation, and benchmarking. Clustering provides a statistical, data-driven method for constructing meaningful peer groups, but peer groups must be compatible…

Applications · Statistics 2021-07-14 Daniel William Kennedy , Jessica Cameron , Paul Pao-Yen Wu , Kerrie Mengersen

In the extreme value analysis of time series, not only the tail behavior is of interest, but also the serial dependence plays a crucial role. Drees and Rootz\'en (2010) established limit theorems for a general class of empirical processes…

Statistics Theory · Mathematics 2015-11-03 Holger Drees

Robustly determining the optimal number of clusters in a data set is an essential factor in a wide range of applications. Cluster enumeration becomes challenging when the true underlying structure in the observed data is corrupted by…

Signal Processing · Electrical Eng. & Systems 2021-05-06 Christian A. Schroth , Michael Muma

Graph clustering (or community detection) has long drawn enormous attention from the research on web mining and information networks. Recent literature on this topic has reached a consensus that node contents and link structures should be…

Social and Information Networks · Computer Science 2017-12-25 Carl Yang , Mengxiong Liu , Zongyi Wang , Liyuan Liu , Jiawei Han

A robust estimator for a wide family of mixtures of linear regression is presented. Robustness is based on the joint adoption of the Cluster Weighted Model and of an estimator based on trimming and restrictions. The selected model provides…

Methodology · Statistics 2015-02-05 L. A. Garcia-Escudero , A. Gordaliza , F. Greselin , S. Ingrassia , A. Mayo-Iscar

While crowdsourcing has become an important means to label data, there is great interest in estimating the ground truth from unreliable labels produced by crowdworkers. The Dawid and Skene (DS) model is one of the most well-known models in…

Machine Learning · Statistics 2018-06-12 Hideaki Imamura , Issei Sato , Masashi Sugiyama

I introduce a generic method for inference on entire quantile and regression quantile processes in the presence of a finite number of large and arbitrarily heterogeneous clusters. The method asymptotically controls size by generating…

Econometrics · Economics 2023-06-16 Andreas Hagemann

While the traditional viewpoint in machine learning and statistics assumes training and testing samples come from the same population, practice belies this fiction. One strategy -- coming from robust statistics and optimization -- is thus…

Machine Learning · Statistics 2024-07-08 Maxime Cauchois , Suyash Gupta , Alnur Ali , John C. Duchi

Numerous publications have now addressed the principles of designing, analyzing, and reporting the results of, stepped-wedge cluster randomized trials. In contrast, there is little research available pertaining to the design and analysis of…

Methodology · Statistics 2018-06-29 Michael Grayling , Adrian Mander , James Wason

A self-energy-functional approach is applied to construct cluster approximations for correlated lattice models. It turns out that the cluster-perturbation theory (Senechal et al, PRL 84, 522 (2000)) and the cellular dynamical mean-field…

Strongly Correlated Electrons · Physics 2007-05-23 M. Potthoff , M. Aichhorn , C. Dahnken

In the analysis of cluster data, the regression coefficients are frequently assumed to be the same across all clusters. This hampers the ability to study the varying impacts of factors on each cluster. In this paper, a semiparametric model…

Statistics Theory · Mathematics 2009-08-25 Wenyang Zhang , Jianqing Fan , Yan Sun

Evaluating workers is a critical aspect of any crowdsourcing system. In this paper, we devise techniques for evaluating workers by finding confidence intervals on their error rates. Unlike prior work, we focus on "conciseness"---that is,…

Databases · Computer Science 2014-11-14 Manas Joglekar , Hector Garcia-Molina , Aditya Parameswaran

Many recent works have shown that adversarial examples that fool classifiers can be found by minimally perturbing a normal input. Recent theoretical results, starting with Gilmer et al. (2018b), show that if the inputs are drawn from a…

Machine Learning · Computer Science 2019-10-29 Saeed Mahloujifar , Xiao Zhang , Mohammad Mahmoody , David Evans

Motivated by theoretical advancements in dimensionality reduction techniques we use a recent model, called Block Markov Chains, to conduct a practical study of clustering in real-world sequential data. Clustering algorithms for Block Markov…

Machine Learning · Computer Science 2022-10-05 Alexander Van Werde , Albert Senen-Cerda , Gianluca Kosmella , Jaron Sanders
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