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Forecasting costs is now a front burner in empirical economics. We propose an unconventional tool for stochastic prediction of future expenses based on the individual (micro) developments of recorded events. Consider a firm, enterprise,…

Econometrics · Economics 2019-09-20 Matúš Maciak , Ostap Okhrin , Michal Pešta

A strong analogy is found between the evolution of localized disturbances in extended chaotic systems and the propagation of fronts separating different phases. A condition for the evolution to be controlled by nonlinear mechanisms is…

chao-dyn · Physics 2009-10-28 A. Torcini , P. Grassberger , A. Politi

Prediction of events is the challenge in many different disciplines, from meteorology to finance; the more this task is difficult, the more a system is {\it complex}. Nevertheless, even according to this restricted definition, a general…

chao-dyn · Physics 2007-05-23 Maurizio Serva

Developing methods to predict disastrous natural phenomena is more important than ever, and tornadoes are among the most dangerous ones in nature. Due to the unpredictability of the weather, counteracting them is not an easy task and today…

Machine Learning · Computer Science 2022-08-12 Davide Alessandro Coccomini , Giuliano Zara

Extreme event are sudden large-amplitude changes in the state or observables of chaotic nonlinear systems, which characterize many scientific phenomena. Because of their violent nature, extreme events typically have adverse consequences,…

Machine Learning · Computer Science 2023-08-08 Alberto Racca , Luca Magri

We present results for long term and intermediate term prediction algorithms applied to a simple mechanical model of a fault. We use long term prediction methods based, for example, on the distribution of repeat times between large events…

chao-dyn · Physics 2015-06-24 S. L. Pepke , J. M. Carlson , B. E. Shaw

The midlatitude climate and weather are shaped by storms, yet the factors governing their predictability remain insufficiently understood. Here, we use a Convolutional Neural Network (CNN) to predict and quantify uncertainty in the…

Atmospheric and Oceanic Physics · Physics 2025-10-30 Wuqiushi Yao , Or Hadas , Yohai Kaspi

Model predictive control is a powerful framework for enabling optimal control of constrained systems. However, for systems that are described by high-dimensional state spaces this framework can be too computationally demanding for real-time…

Systems and Control · Electrical Eng. & Systems 2020-08-24 Joseph Lorenzetti , Marco Pavone

In this paper, we explore bounds on the expected risk when using deep neural networks for supervised classification from an information theoretic perspective. Firstly, we introduce model risk and fitting error, which are derived from…

Machine Learning · Computer Science 2024-10-08 Binchuan Qi

The unpredictability in chaotic scattering problems is a fundamental topic in physics that has been studied either in purely conservative systems or in the presence of weak perturbations. In many systems noise plays an important role in the…

Chaotic Dynamics · Physics 2021-07-14 Alexandre R. Nieto , Jesús M. Seoane , Miguel A. F. Sanjuán

Emergent-scene safety is the key milestone for fully autonomous driving, and reliable on-time prediction is essential to maintain safety in emergency scenarios. However, these emergency scenarios are long-tailed and hard to collect, which…

Computer Vision and Pattern Recognition · Computer Science 2024-05-08 Dingrui Wang , Zheyuan Lai , Yuda Li , Yi Wu , Yuexin Ma , Johannes Betz , Ruigang Yang , Wei Li

Motivated by the analysis of extreme rainfall data, we introduce a general Bayesian hierarchical model for estimating the probability distribution of extreme values of intermittent random sequences, a common problem in geophysical and…

Methodology · Statistics 2020-05-26 Enrico Zorzetto , Antonio Canale , Marco Marani

Methods based on polynomial chaos expansion allow to approximate the behavior of systems with uncertain parameters by deterministic dynamics. These methods are used in a wide range of applications, spanning from simulation of uncertain…

Systems and Control · Computer Science 2017-11-28 Tillmann Mühlpfordt , Rolf Findeisen , Veit Hagenmeyer , Timm Faulwasser

This article concerns the performance limits of strictly causal state estimation for linear systems with fixed, but uncertain, parameters belonging to a finite set. In particular, we provide upper and lower bounds on the smallest achievable…

Optimization and Control · Mathematics 2024-03-29 Olle Kjellqvist

In environmental science applications, extreme events frequently exhibit a complex spatio-temporal structure, which is difficult to describe flexibly and estimate in a computationally efficient way using state-of-art parametric…

Methodology · Statistics 2022-12-22 Marco Oesting , Raphaël Huser

Among the most relevant processes in the Earth system for human habitability are quasi-periodic, ocean-driven multi-year events whose dynamics are currently incompletely characterized by physical models, and hence poorly predictable. This…

Atmospheric and Oceanic Physics · Physics 2023-08-09 Matthew Bonas , Christopher K. Wikle , Stefano Castruccio

Bounds on information combining are entropic inequalities that determine how the information, or entropy, of a set of random variables can change when they are combined in certain prescribed ways. Such bounds play an important role in…

Information Theory · Computer Science 2020-11-10 Christoph Hirche

We consider the problem of parameter estimation, based on noisy chaotic signals, from the viewpoint of twisted modulation for waveform communication. In particular, we study communication systems where the parameter to be estimated is…

Information Theory · Computer Science 2023-08-02 Neri Merhav

Sequential recommender systems have achieved steady gains in offline accuracy, yet it remains unclear how close current models are to the intrinsic accuracy limit imposed by the data. A reliable, model-agnostic estimate of this ceiling…

Information Retrieval · Computer Science 2026-04-15 En Xu , Jingtao Ding , Yong Li

The chaotic hypothesis has several implications which have generated interest in the literature because of their generality and because a few exact predictions are among them. However its application to Physics problems requires attention…

Statistical Mechanics · Physics 2009-11-11 F. Bonetto , G. Gallavotti , A. Giuliani , F. Zamponi