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Related papers: Multivariate Quadratic Hawkes Processes -- Part I:…

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Most point process models for earthquakes currently in the literature assume the magnitude distribution is i.i.d. potentially hindering the ability of the model to describe the main features of data sets containing multiple earthquake…

Applications · Statistics 2026-04-13 Louis Davis , Boris Baeumer , Ting Wang

Prices in financial markets exhibit extreme jumps far more often than can be accounted for by external news. Further, magnitudes of price changes are correlated over long times. These so called stylized facts are quantified by scaling laws…

Trading and Market Microstructure · Quantitative Finance 2016-05-04 Felix Patzelt , Klaus Pawelzik

The stability condition for Hawkes processes and their non-linear extensions usually relies on the condition that the mean intensity is a finite constant. It follows that the total endogeneity ratio needs to be strictly smaller than unity.…

Trading and Market Microstructure · Quantitative Finance 2023-02-14 Cecilia Aubrun , Michael Benzaquen , Jean-Philippe Bouchaud

We establish the asymptotic validity of frequency-domain inference for stationary multivariate Hawkes processes under mild conditions, bridging the gap between theory and application. By developing upper-bounds on the reduced cumulant…

Statistics Theory · Mathematics 2026-04-14 Yifu Tang , Conor Kresin , Boris Baeumer , Ting Wang

The multivariate Hawkes process (MHP) is widely used for analyzing data streams that interact with each other, where events generate new events within their own dimension (via self-excitation) or across different dimensions (via…

Machine Learning · Computer Science 2024-11-01 Pio Calderon , Alexander Soen , Marian-Andrei Rizoiu

We consider a 2-dimensional marked Hawkes process with increasing baseline intensity in order to model prices on electricity intraday markets. This model allows to represent different empirical facts such as increasing market activity,…

Trading and Market Microstructure · Quantitative Finance 2021-03-17 Thomas Deschatre , Pierre Gruet

This work contributes to the theory and applications of Hawkes processes. We introduce and examine a new class of Hawkes processes that we call generalized Hawkes processes, and their special subclass -- the generalized multivariate Hawkes…

Probability · Mathematics 2020-04-30 Tomasz R. Bielecki , Jacek Jakubowski , Mariusz Nieweglowski

Traditionally, Hawkes processes are used to model time--continuous point processes with history dependence. Here we propose an extended model where the self--effects are of both excitatory and inhibitory type and follow a Gaussian Process.…

Machine Learning · Statistics 2021-05-21 Noa Malem-Shinitski , Cesar Ojeda , Manfred Opper

We generalise the construction of multivariate Hawkes processes to a possibly infinite network of counting processes on a directed graph $\mathbb G$. The process is constructed as the solution to a system of Poisson driven stochastic…

Probability · Mathematics 2014-03-25 Sylvain Delattre , Nicolas Fournier , Marc Hoffmann

Hawkes Processes are a type of point process for modeling self-excitation, i.e., when the occurrence of an event makes future events more likely to occur. The corresponding self-triggering function of this type of process may be inferred…

Applications · Statistics 2018-06-01 Rafael Lima , Jaesik Choi

Multi-hop question answering (QA) requires systems to iteratively retrieve evidence and reason across multiple hops. While recent RAG and agentic methods report strong results, the underlying retrieval--reasoning \emph{process} is often…

Computation and Language · Computer Science 2026-01-05 Yuelyu Ji , Zhuochun Li , Rui Meng , Daqing He

We propose a novel framework for modeling multiple multivariate point processes, each with heterogeneous event types that share an underlying space and obey the same generative mechanism. Focusing on Hawkes processes and their variants that…

Machine Learning · Computer Science 2021-02-05 Hongteng Xu , Dixin Luo , Hongyuan Zha

In this paper we introduce a new model named CARMA(p,q)-Hawkes process as the Hawkes model with exponential kernel implies a strictly decreasing behaviour of the autocorrelation function and empirically evidences reject the monotonicity…

Statistical Finance · Quantitative Finance 2022-08-23 Lorenzo Mercuri , Andrea Perchiazzo , Edit Rroji

Multivariate probability density functions of returns are constructed in order to model the empirical behavior of returns in a financial time series. They describe the well-established deviations from the Gaussian random walk, such as an…

Condensed Matter · Physics 2007-08-23 E. Alessio , V. Frappietro , M. I. Krivoruchenko , L. J. Streckert

Non-linear Hawkes processes with memory kernels given by the sum of Erlang kernels are considered. It is shown that their stability properties can be studied in terms of an associated class of piecewise deterministic Markov processes,…

Probability · Mathematics 2018-11-27 Aline Duarte , Eva Löcherbach , Guilherme Ost

The diversity of neuron models used in contemporary theoretical neuroscience to investigate specific properties of covariances raises the question how these models relate to each other. In particular it is hard to distinguish between…

Neurons and Cognition · Quantitative Biology 2022-05-17 Dmytro Grytskyy , Tom Tetzlaff , Markus Diesmann , Moritz Helias

We consider a mean-reverting stochastic volatility model which satisfies some relevant stylized facts of financial markets. We introduce an algorithm for the detection of peaks in the volatility profile, that we apply to the time series of…

Statistical Finance · Quantitative Finance 2016-12-05 Mario Bonino , Matteo Camelia , Paolo Pigato

Quantum walks constitute a rich area of quantum information science, where multipartite entanglement plays a central role in the dynamics and scalability of quantum advantage over classical simulators. In this work, we study the…

Quantum Physics · Physics 2026-03-27 Emil K. F. Donkersloot , René Sondenheimer , Jan Sperling

In this paper we consider multivariate Hawkes processes with baseline hazard and kernel functions that depend on time. This defines a class of locally stationary processes. We discuss estimation of the time-dependent baseline hazard and…

Statistics Theory · Mathematics 2017-07-17 Enno Mammen

We examine a distributional fixed-point equation related to a multi-type branching process that is key in the cluster sizes analysis of multivariate heavy-tailed Hawkes processes. Specifically, we explore the tail behavior of its solution…

Probability · Mathematics 2025-04-07 Jose Blanchet , Roger J. A. Laeven , Xingyu Wang , Bert Zwart