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Classical recommender systems often assume that historical data are stationary and fail to account for the dynamic nature of user preferences, limiting their ability to provide reliable recommendations in time-sensitive settings. This…

Information Retrieval · Computer Science 2023-08-03 Ashraf Ghiye , Baptiste Barreau , Laurent Carlier , Michalis Vazirgiannis

When faced with a new customer, many factors contribute to an insurance firm's decision of what offer to make to that customer. In addition to the expected cost of providing the insurance, the firm must consider the other offers likely to…

Machine Learning · Computer Science 2024-08-05 Edward James Young , Alistair Rogers , Elliott Tong , James Jordon

According to the leading models in modern finance, the presence of intraday lead-lag relationships between financial assets is negligible in efficient markets. With the advance of technology, however, markets have become more sophisticated.…

Statistical Finance · Quantitative Finance 2014-01-03 Chester Curme , Michele Tumminello , Rosario N. Mantegna , H. Eugene Stanley , Dror Y. Kenett

We introduce an autoregressive-type model of prices in financial market taking into account the self-modulation effect. We find that traders are mainly using strategies with weighted feedbacks of past prices. These feedbacks are responsible…

Statistical Mechanics · Physics 2009-11-10 Takayuki Mizuno , Tohur Nakano , Misako Takayasu , Hideki Takayasu

By applying the multifractal detrended fluctuation analysis to the high-frequency tick-by-tick data from Deutsche B\"orse both in the price and in the time domains, we investigate multifractal properties of the time series of logarithmic…

Other Condensed Matter · Physics 2009-11-10 P. Oswiecimka , J. Kwapien , S. Drozdz

Portraying emotion and trustworthiness is known to increase the appeal of video content. However, the causal relationship between these signals and online user engagement is not well understood. This limited understanding is partly due to a…

Multimedia · Computer Science 2021-05-05 Lukas Stappen , Alice Baird , Michelle Lienhart , Annalena Bätz , Björn Schuller

Markets have internal dynamics leading to excess volatility and other phenomena that are difficult to explain using rational expectations models. This paper studies these using a nonequilibrium price formation rule, developed in the context…

adap-org · Physics 2015-06-30 J. Doyne Farmer

Choice decisions made by users of online applications can suffer from biases due to the users' level of engagement. For instance, low engagement users may make random choices with no concern for the quality of items offered. This biased…

Applications · Statistics 2016-08-30 Zhengli Wang , Tauhid Zaman

A novel application of the correlation matrix formalism to study dynamics of the financial evolution is presented. This formalism allows to quantify the memory effects as well as some potential repeatable intradaily structures in the…

Soft Condensed Matter · Physics 2009-11-07 S. Drozdz , J. Kwapien , F. Gruemmer , F. Ruf , J. Speth

Fundamental variables in financial market are not only price and return but a very important role is also played by trading volumes. Here we propose a new multivariate model that takes into account price returns, logarithmic variation of…

Statistical Finance · Quantitative Finance 2020-07-14 Guglielmo D'Amico , Filippo Petroni

By now, Internet word-of-mouth marketing has established its importance for almost every kind of products. When word-of-mouth spread of a marketing campaign goes viral, the success of its strategy has been proved to be path-breaking for the…

Computers and Society · Computer Science 2018-08-14 Sayantari Ghosh , Saumik Bhattacharya , Kumar Gaurav , Yatindra Nath Singh

We present a detailed study of the performance of a trading rule that uses moving average of past returns to predict future returns on stock indexes. Our main goal is to link performance and the stochastic process of the traded asset. Our…

Statistical Finance · Quantitative Finance 2019-07-03 Fernando F. Ferreira , A. Christian Silva , Ju-Yi Yen

We give a detailed account of correlations between credit sector/quality and treasury curve factors, using the robust framework of the Barclays POINT Global Risk Model. Consistent with earlier studies, we find a strong negative correlation…

Portfolio Management · Quantitative Finance 2013-12-06 Arthur M. Berd , Elena Ranguelova , Antonio Baldaque da Silva

Reciprocity in directed networks points to user's willingness to return favors in building mutual interactions. High reciprocity has been widely observed in many directed social media networks such as following relations in Twitter and…

Social and Information Networks · Computer Science 2018-08-28 Jundong Li , Jiliang Tang , Yilin Wang , Yali Wan , Yi Chang , Huan Liu

We examine a patient player's behavior when he can build reputations in front of a sequence of myopic opponents. With positive probability, the patient player is a commitment type who plays his Stackelberg action in every period. We…

Theoretical Economics · Economics 2021-02-11 Yingkai Li , Harry Pei

A diversified risk-adjusted time-series momentum (TSMOM) portfolio can deliver substantial abnormal returns and offer some degree of tail risk protection during extreme market events. The performance of existing TSMOM strategies, however,…

Computational Finance · Quantitative Finance 2023-06-29 Joel Ong , Dorien Herremans

We examine the implications of consumer privacy when preferences today depend upon past consumption choices, and consumers shop from different sellers in each period. Although consumers are ex ante identical, their initial consumption…

Theoretical Economics · Economics 2024-09-17 V. Bhaskar , Nikita Roketskiy

We have shown, in a series of articles, that a classical description of a large number of economic agents can be replaced by a statistical fields formalism. To better understand the accumulation and allocation of capital among different…

General Finance · Quantitative Finance 2024-01-15 Pierre Gosselin , Aïleen Lotz

An analysis of the stylized facts in financial time series is carried out. We find that, instead of the heavy tails in asset return distributions, the slow decay behaviour in autocorrelation functions of absolute returns is actually…

Statistical Finance · Quantitative Finance 2015-03-13 Jie-Jun Tseng , Sai-Ping Li

In this work, we presented the strategies and techniques that we have developed for predicting the near-future churners and win-backs for a telecom company. On a large-scale and real-world database containing customer profiles and some…

Computational Engineering, Finance, and Science · Computer Science 2012-10-26 Clifton Phua , Hong Cao , João Bártolo Gomes , Minh Nhut Nguyen