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We briefly review our recent studies on stochastic processes modelling internet on-line trading. We present a way to evaluate the average waiting time between the observation of the price in financial markets and the next price change,…

Statistical Finance · Quantitative Finance 2010-07-21 Jun-ichi Inoue , Naoya Sazuka , Enrico Scalas

We introduce and test a general machine-learning-based technique for the inference of short term causal dependence between state variables of an unknown dynamical system from time series measurements of its state variables. Our technique…

Adaptation and Self-Organizing Systems · Physics 2020-12-18 Amitava Banerjee , Jaideep Pathak , Rajarshi Roy , Juan G. Restrepo , Edward Ott

In this work we introduce two variants of multivariate Hawkes models with an explicit dependency on various queue sizes aimed at modeling the stochastic time evolution of a limit order book. The models we propose thus integrate the…

Trading and Market Microstructure · Quantitative Finance 2019-01-28 Peng Wu , Marcello Rambaldi , Jean-François Muzy , Emmanuel Bacry

We establish stability criterion for a two-class retrial system with Poisson inputs, general class-dependent service times and class-dependent constant retrial rates. We also characterise an interesting phenomenon of partial stability when…

Probability · Mathematics 2021-10-20 Konstantin Avrachenkov , Evsey Morozov , Ruslana Nekrasova

New recursive equations designed for the G/G/m queue are presented. These equations describe the queue in terms of recursions for the arrival and departure times of customers, and involve only the operations of maximum, minimum and…

Optimization and Control · Mathematics 2012-10-23 Nikolai Krivulin

Random variables in metric spaces indexed by time and observed at equally spaced time points are receiving increased attention due to their broad applicability. The absence of inherent structure in metric spaces has resulted in a literature…

Methodology · Statistics 2024-09-24 Matthieu Bulté , Helle Sørensen

The Laplace transform is a widely used tool in the study of probability distributions, often allowing for a probability density functions and distribution functions simpler determination and being a moments generating function. In this…

Probability · Mathematics 2021-09-29 Manuel Alberto M. Ferreira

Consider a countably infinite collection of interacting queues, with a queue located at each point of the $d$-dimensional integer grid, having independent Poisson arrivals, but dependent service rates. The service discipline is of the…

Probability · Mathematics 2019-03-12 Abishek Sankararaman , François Baccelli , Sergey Foss

We study a supply chain consisting of production-inventory systems at several locations which are coupled by a common supplier. Demand of customers arrives at each production system according to a Poisson process and is lost if the local…

Probability · Mathematics 2023-03-21 Sonja Otten

This work develops a methodology for studying the effect of an offload zone on the ambulance ramping problem using a multi-server, multi-class non-preemptive priority queueing model that can be treated analytically. A prototype model for…

Systems and Control · Electrical Eng. & Systems 2024-02-01 Josef Zuk , David Kirszenblat

While queueing network models are powerful tools for analyzing service systems, they traditionally require substantial human effort and domain expertise to construct. To make this modeling approach more scalable and accessible, we propose a…

Machine Learning · Computer Science 2025-09-09 Daksh Mittal , Shunri Zheng , Jing Dong , Hongseok Namkoong

We compute the stationary performance metrics of a single server $M^X/G/1$ queue under a class of generalized processor-sharing scheduling policies that are proposed by Grishechkin. This class of processor-sharing policies allow service…

Probability · Mathematics 2021-03-18 Yingdong Lu

One of the most relevant challenges regarding on-demand ridepooling relates to the spatial imbalances of the demand, which induce a mismatch between the position of the vehicles and the origins of the emerging requests. Most ridepooling…

Systems and Control · Electrical Eng. & Systems 2021-06-29 Andres Fielbaum , Maximilian Kronmuller , Javier Alonso-Mora

Algorithmic recourse aims to provide actionable recommendations to individuals to obtain a more favourable outcome from an automated decision-making system. As it involves reasoning about interventions performed in the physical world,…

Machine Learning · Statistics 2021-06-23 Julius von Kügelgen , Nikita Agarwal , Jakob Zeitler , Afsaneh Mastouri , Bernhard Schölkopf

Steady-state solutions for a variety of relevant queueing systems are known today, e.g., from queueing theory, effective bandwidths, and network calculus. The behavior during transient phases, on the other hand, is understood to a much…

Networking and Internet Architecture · Computer Science 2015-06-16 Nico Becker , Markus Fidler

We characterize recurrence and transience of nonnegative multivariate autoregressive processes of order one with random contractive coefficient matrix, of subcritical multitype Galton-Watson branching processes in random environment with…

Probability · Mathematics 2016-10-18 Martin P. W. Zerner

We consider queueing models, where customers arrive according to a continuous-time binomial process on a finite interval. In this arrival process, a total of $K$ customers arrive in the finite time interval $[0,T]$, where arrival times of…

Probability · Mathematics 2024-12-10 Kaito Hayashi , Yoshiaki Inoue , Tetsuya Takine

The superposition of arrival processes is a fundamental yet analytically intractable operation in queueing networks when inputs are general non-renewal streams. Classical methods either reduce merged flows to renewal surrogates, rely on…

Machine Learning · Computer Science 2026-03-13 Eliran Sherzer

In this paper, we analyze the number of departures from an initially empty $M/M/\infty$ system in a finite time interval. We observe the system during an exponentially distributed period of time starting from the time origin. We then…

Probability · Mathematics 2023-03-20 Fabrice Guillemin

We study a double-ended queue which consists of two classes of customers. Whenever there is a pair of customers from both classes, they are matched and leave the system immediately. The matching follows first-come-first-serve principle. If…

Probability · Mathematics 2016-07-18 Xin Liu