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The Hawkes model is suitable for describing self and mutually exciting random events. In addition, the exponential decay in the Hawkes process allows us to calculate the moment properties in the model. However, due to the complexity of the…

Statistical Finance · Quantitative Finance 2024-09-24 Kyungsub Lee

In this paper, we obtain a Lamperti type representation for real-valued self-similar Markov processes, killed at their hitting time of zero. Namely, we represent real-valued self-similar Markov processes as time changed multiplicative…

Probability · Mathematics 2013-12-18 Loïc Chaumont , Henry Pantí , Víctor Rivero

The conditional intensity (CI) of a counting process $Y_t$ is based on the minimal knowledge $\mathcal{F}_t^Y$, i.e., on the observation of $Y_t$ alone. Prominently, the mutual information rate of a signal and its Poisson channel output is…

Information Theory · Computer Science 2022-05-17 Mark Sinzger-D'Angelo , Heinz Koeppl

We study limiting properties of ratios of ordered points of point processes whose intensity measures have regularly varying tails, giving a systematic treatment which points the way to "large-trimming" properties of extremal processes and a…

Probability · Mathematics 2017-08-01 Yuguang Ipsen , Ross Maller , Sidney Resnick

Hawkes processes are a class of simple point processes whose intensity depends on the past history, and is in general non-Markovian. Limit theorems for Hawkes processes in various asymptotic regimes have been studied in the literature. In…

Probability · Mathematics 2026-05-25 Fuqing Gao , Lingjiong Zhu

We study the long time asymptotics of the relaxation dynamics of the totally asymmetric simple exclusion process on a ring. Evaluating the asymptotic amplitudes of the local currents by the algebraic Bethe ansatz method, we find the…

Statistical Mechanics · Physics 2012-11-01 Kohei Motegi , Kazumitsu Sakai , Jun Sato

We consider a supercritical general branching population where the lifetimes of individuals are i.i.d. with arbitrary distribution and each individual gives birth to new individuals at Poisson times independently from each others. The…

Probability · Mathematics 2016-11-21 Benoît Henry

We explore the concept of a consistent exchangeable survival process - a joint distribution of survival times in which the risk set evolves as a continuous-time Markov process with homogeneous transition rates. We show a correspondence with…

Statistics Theory · Mathematics 2015-08-10 Walter Dempsey , Peter McCullagh

Power-law distributions are ubiquitous in nature. Random multiplicative processes are a basic model for the generation of power-law distributions. It is known that, for discrete-time systems, the power-law exponent decreases as the…

Statistical Mechanics · Physics 2021-11-05 Satoru Morita

We prove a law of large numbers and a functional central limit theorem for multivariate Hawkes processes observed over a time interval $[0,T]$ in the limit $T \rightarrow \infty$. We further exhibit the asymptotic behaviour of the…

Probability · Mathematics 2012-02-07 Emmanuel Bacry , Sylvain Delattre , Marc Hoffmann , Jean François Muzy

Constraint based causal structure learning for point processes require empirical tests of local independence. Existing tests require strong model assumptions, e.g. that the true data generating model is a Hawkes process with no latent…

Methodology · Statistics 2021-10-26 Nikolaj Thams , Niels Richard Hansen

This paper investigates the asymptotic behavior of suitably time-modulated Hawkes processes with heavy-tailed kernels in a nearly unstable regime. We show that, under appropriate scaling, both the intensity processes and the rescaled Hawkes…

Probability · Mathematics 2026-02-12 Emmanuel Gnabeyeu , Gilles Pagès , Mathieu Rosenbaum

Time-irreversible stochastic processes are frequently used in natural sciences to explain non-equilibrium phenomena and to design efficient stochastic algorithms. Our main goal in this thesis is to analyse their dynamics by means of large…

Probability · Mathematics 2021-09-21 Mikola C. Schlottke

We consider a system of $N$ Hawkes processes and observe the actions of a subpopulation of size $K \le N$ up to time $t$, where $K$ is large. The influence relationships between each pair of individuals are modeled by i.i.d.Bernoulli($p$)…

Probability · Mathematics 2026-01-06 Chenguang Liu , Liping Xu , An Zhang

When the sample path of a Hawkes process is observed discretely, such that only the total event counts in disjoint time intervals are known, the likelihood function becomes intractable. To overcome the challenge of likelihood-based…

Methodology · Statistics 2025-06-24 Jason J. Lambe , Feng Chen , Tom Stindl , Tsz-Kit Jeffrey Kwan

Multivariate point processes are widely applied to model event-type data such as natural disasters, online message exchanges, financial transactions or neuronal spike trains. One very popular point process model in which the probability of…

Statistics Theory · Mathematics 2023-01-27 Deborah Sulem , Vincent Rivoirard , Judith Rousseau

In this work, we analyse the metastability of non-reversible diffusion processes $$dX_t=\boldsymbol{b}(X_t)dt+\sqrt h\,dB_t$$ on a bounded domain $\Omega$ when $\mathbf{b}$ admits the decomposition $\mathbf{b}=-(\nabla f+\mathbf{\ell})$ and…

Probability · Mathematics 2023-03-14 Dorian Le Peutrec , Laurent Michel , Boris Nectoux

Consider a supercritical Crump--Mode--Jagers process $(\mathcal Z_t^{\varphi})_{t \geq 0}$ counted with a random characteristic $\varphi$. Nerman's celebrated law of large numbers [Z. Wahrsch. Verw. Gebiete 57, 365--395, 1981] states that,…

Probability · Mathematics 2024-03-13 Alexander Iksanov , Konrad Kolesko , Matthias Meiners

We analyze the probability density function (PDF) of waiting times between financial loss exceedances. The empirical PDFs are fitted with the self-excited Hawkes conditional Poisson process with a long power law memory kernel. The Hawkes…

Statistical Finance · Quantitative Finance 2017-05-24 Maciej Jagielski , Ryszard Kutner , Didier Sornette

We consider a general honest homogeneous continuous-time Markov process with restarts. The process is forced to restart from a given distribution at time moments generated by an independent Poisson process. The motivation to study such…

Probability · Mathematics 2012-06-26 Konstantin Avrachenkov , Alexei Piunovskiy , Zhang Yi