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Online transaction fraud presents substantial challenges to businesses and consumers, risking significant financial losses. Conventional rule-based systems struggle to keep pace with evolving fraud tactics, leading to high false positive…

Risk Management · Quantitative Finance 2024-02-20 Catayoun Azarm , Erman Acar , Mickey van Zeelt

We introduce the novel problem of benchmarking fraud detectors on private graph-structured data. Currently, many types of fraud are managed in part by automated detection algorithms that operate over graphs. We consider the scenario where a…

Cryptography and Security · Computer Science 2025-07-31 Alexander Goldberg , Giulia Fanti , Nihar Shah , Zhiwei Steven Wu

Ensuring fairness in transaction fraud detection models is vital due to the potential harms and legal implications of biased decision-making. Despite extensive research on algorithmic fairness, there is a notable gap in the study of bias in…

Machine Learning · Computer Science 2024-09-09 Parameswaran Kamalaruban , Yulu Pi , Stuart Burrell , Eleanor Drage , Piotr Skalski , Jason Wong , David Sutton

With the rise of Industry 4.0, huge amounts of data are now generated that are apt to be modelled as functional data. In this setting, standard profile monitoring methods aim to assess the stability over time of a completely observed…

Applications · Statistics 2022-05-13 Fabio Centofanti , Antonio Lepore , Murat Kulahci , Max Peter Spooner

What is a fair performance metric? We consider the choice of fairness metrics through the lens of metric elicitation -- a principled framework for selecting performance metrics that best reflect implicit preferences. The use of metric…

Machine Learning · Statistics 2020-11-04 Gaurush Hiranandani , Harikrishna Narasimhan , Oluwasanmi Koyejo

This paper firstly addresses the problem of risk assessment under false data injection attacks on uncertain control systems. We consider an adversary with complete system knowledge, injecting stealthy false data into an uncertain control…

Systems and Control · Electrical Eng. & Systems 2022-12-12 Sribalaji C. Anand , André M. H. Teixeira , Anders Ahlén

The problem of visual tracking evaluation is sporting a large variety of performance measures, and largely suffers from lack of consensus about which measures should be used in experiments. This makes the cross-paper tracker comparison…

Computer Vision and Pattern Recognition · Computer Science 2016-03-08 Luka Čehovin , Aleš Leonardis , Matej Kristan

Malicious attacks on modern autonomous cyber-physical systems (CPSs) can leverage information about the system dynamics and noise characteristics to hide while hijacking the system toward undesired states. Given attacks attempting to hide…

Systems and Control · Electrical Eng. & Systems 2020-05-19 Paul J. Bonczek , Shijie Gao , Nicola Bezzo

Benchmarks are standards that allow to identify opportunities for improvement among comparable units. This study suggests a 2-step methodology for calculating probabilistic benchmarks in noisy data sets: (i) double-hyperbolic undersampling…

Statistical Finance · Quantitative Finance 2021-03-03 Rolando Gonzales Martinez

We investigate a stationary process's crypticity---a measure of the difference between its hidden state information and its observed information---using the causal states of computational mechanics. Here, we motivate crypticity and cryptic…

Data Analysis, Statistics and Probability · Physics 2015-05-30 John R. Mahoney , Christopher J. Ellison , Ryan G. James , James P. Crutchfield

In the field of fraud detection, the availability of comprehensive and privacy-compliant datasets is crucial for advancing machine learning research and developing effective anti-fraud systems. Traditional datasets often focus on…

Machine Learning · Computer Science 2024-04-24 Phoebe Jing , Yijing Gao , Xianlong Zeng

Sensor visibility is crucial for safety-critical applications in automotive, robotics, smart infrastructure and others: In addition to object detection and occupancy mapping, visibility describes where a sensor can potentially measure or is…

Computer Vision and Pattern Recognition · Computer Science 2022-11-14 Joachim Börger , Marc Patrick Zapf , Marat Kopytjuk , Xinrun Li 2 , Claudius Gläser

AI artificial intelligence brings about new quantitative techniques to assess the state of an economy. Here we describe a new measure for systemic risk: the Financial Risk Meter (FRM). This measure is based on the penalization parameter…

Risk Management · Quantitative Finance 2020-09-29 Lining Yu , Wolfgang Karl Härdle , Lukas Borke , Thijs Benschop

Modern artificial intelligence is supported by machine learning models (e.g., foundation models) that are pretrained on a massive data corpus and then adapted to solve a variety of downstream tasks. To summarize performance across multiple…

Machine Learning · Statistics 2025-01-09 Rachel Longjohn , Giri Gopalan , Emily Casleton

The need to monitor industrial processes, detecting changes in process parameters in order to promptly correct problems that may arise, generates a particular area of interest. This is particularly critical and complex when the measured…

Applications · Statistics 2019-05-07 Javier Neira Rueda , Andres Carrion Garcia

We describe a scheme for quantum error correction that employs feedback and weak measurement rather than the standard tools of projective measurement and fast controlled unitary gates. The advantage of this scheme over previous protocols…

Quantum Physics · Physics 2009-11-10 Mohan Sarovar , Charlene Ahn , Kurt Jacobs , Gerard J. Milburn

We analyze safety problems of complex systems using the methods of mathematical statistics for testing the output variables of a code simulating the operation of the system under consideration when the input variables are uncertain. We have…

Data Analysis, Statistics and Probability · Physics 2007-05-23 L. Pal , M. Makai

Return on Investment (ROI) is one of the most popular performance measurement and evaluation metrics. ROI analysis (when applied correctly) is a powerful tool in comparing solutions and making informed decisions on the acquisitions of…

Computational Engineering, Finance, and Science · Computer Science 2015-12-25 Alexei Botchkarev

Vehicle performance metrics analyze data sets consisting of subject vehicle's interactions with other road users in a nominal driving environment and provide certain performance measures as outputs. To the best of the authors' knowledge,…

Robotics · Computer Science 2023-06-27 Harnarayan Singh , Bowen Weng , Sughosh J. Rao , Devin Elsasser

Detecting and mitigating bias in speaker verification systems is important, as datasets, processing choices and algorithms can lead to performance differences that systematically favour some groups of people while disadvantaging others.…

Audio and Speech Processing · Electrical Eng. & Systems 2024-08-27 Wiebke Hutiri , Tanvina Patel , Aaron Yi Ding , Odette Scharenborg
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