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Targeting a better understanding of credit market dynamics, the authors have studied a stochastic model named the Hawkes process. Describing trades arrival times, this kind of model allows for the capture of self-excitement and mutual…

Applications · Statistics 2019-02-12 Achraf Bahamou , Maud Doumergue , Philippe Donnat

Numerous studies grounded on Hawkes processes have been carried out in many fields including finance, biology and social network. Hawkes processes form a class of selfexciting simple point processes. In this article, we consider a general…

Probability · Mathematics 2025-07-22 Bartholomé Vieille , Rachid Senoussi , Samuel Soubeyrand

It is often assumed that events cannot occur simultaneously when modelling data with point processes. This raises a problem as real-world data often contains synchronous observations due to aggregation or rounding, resulting from…

Methodology · Statistics 2021-08-30 Leigh Shlomovich , Edward A. K. Cohen , Niall Adams

We propose a novel approach to marked Hawkes kernel inference which we name the moment-based neural Hawkes estimation method. Hawkes processes are fully characterized by their first and second order statistics through a Fredholm integral…

Trading and Market Microstructure · Quantitative Finance 2026-02-02 Timothée Fabre , Ioane Muni Toke

Many point process models have been proposed for describing and forecasting earthquake occurrences in seismically active zones such as California, but the problem of how best to compare and evaluate the goodness of fit of such models…

Applications · Statistics 2015-01-27 Andrew Bray , Ka Wong , Christopher D. Barr , Frederic Paik Schoenberg

Hawkes process are very popular mathematical tools for modelling phenomena exhibiting a \textit{self-exciting} or \textit{self-correcting} behaviour. Typical examples are earthquakes occurrence, wild-fires, drought, capture-recapture, crime…

Computation · Statistics 2023-06-23 Francesco Serafini , Finn Lindgren , Mark Naylor

The two-fractal overlap model of earthquake shows that the contact area distribution of two fractal surfaces follows power law decay in many cases and this agrees with the Guttenberg-Richter power law. Here, we attempt to predict the large…

Statistical Mechanics · Physics 2009-09-29 Srutarshi Pradhan , Pinaki Choudhuri , Bikas K. Chakrabarti

We introduce a model-independent approximation for the branching ratio of Hawkes self-exciting point processes. Our estimator requires knowing only the mean and variance of the event count in a sufficiently large time window, statistics…

Statistical Finance · Quantitative Finance 2014-12-17 Stephen J. Hardiman , Jean-Philippe Bouchaud

A key difficulty that arises from real event data is imprecision in the recording of event time-stamps. In many cases, retaining event times with a high precision is expensive due to the sheer volume of activity. Combined with practical…

Methodology · Statistics 2020-01-22 Leigh Shlomovich , Edward Cohen , Niall Adams , Lekha Patel

In this paper, we present a maximum likelihood method for estimating the parameters of a univariate Hawkes process with self-excitation or inhibition. Our work generalizes techniques and results that were restricted to the self-exciting…

Statistics Theory · Mathematics 2021-08-23 Anna Bonnet , Miguel Martinez Herrera , Maxime Sangnier

Aftershocks of aftershocks - and their aftershock cascades - substantially contribute to the increased seismicity rate and the associated elevated seismic hazard after the occurrence of a large earthquake. Current state-of-the-art…

Geophysics · Physics 2024-11-07 Leila Mizrahi , Dario Jozinović

We develop a new family of marked point processes by focusing the characteristic properties of marked Hawkes processes exclusively to the space of marks, providing the freedom to specify a different model for the occurrence times. This is…

Applications · Statistics 2022-10-18 Santhosh Narayanan , Ioannis Kosmidis , Petros Dellaportas

The Hawkes process is a model for counting the number of arrivals to a system which exhibits the self-exciting property - that one arrival creates a heightened chance of further arrivals in the near future. The model, and its…

Methodology · Statistics 2024-05-20 Patrick J. Laub , Young Lee , Philip K. Pollett , Thomas Taimre

The Hawkes process has become a standard method for modeling self-exciting event sequences with different event types. A recent work has generalized the Hawkes process to a neurally self-modulating multivariate point process, which enables…

Machine Learning · Computer Science 2020-06-16 Zhen Han , Yunpu Ma , Yuyi Wang , Stephan Günnemann , Volker Tresp

A Hawkes process model with a time-varying background rate is developed for analyzing the high-frequency financial data. In our model, the logarithm of the background rate is modeled by a linear model with a relatively large number of…

Statistical Finance · Quantitative Finance 2017-07-24 Takahiro Omi , Yoshito Hirata , Kazuyuki Aihara

We propose a novel framework for modeling multiple multivariate point processes, each with heterogeneous event types that share an underlying space and obey the same generative mechanism. Focusing on Hawkes processes and their variants that…

Machine Learning · Computer Science 2021-02-05 Hongteng Xu , Dixin Luo , Hongyuan Zha

An extension of the Hawkes model where the productivity is variable is considered. In particular, the case is considered where each point may have its own productivity and a simple analytic formula is derived for the maximum likelihood…

Applications · Statistics 2020-03-20 Frederic Paik Schoenberg

Multivariate Hawkes process provides a powerful framework for modeling temporal dependencies and event-driven interactions in complex systems. While existing methods primarily focus on uncovering causal structures among observed…

Machine Learning · Computer Science 2026-03-03 Songyao Jin , Biwei Huang

The article discusses the possibilities of three-step early warning and short-term prediction of earthquakes based on the classical geological model of fault formation and a model of the generation of electromagnetic emissions detected…

Hawkes processes are point process models that have been used to capture self-excitatory behavior in social interactions, neural activity, earthquakes and viral epidemics. They can model the occurrence of the times and locations of events.…

Machine Learning · Statistics 2022-10-24 Xenia Miscouridou , Samir Bhatt , George Mohler , Seth Flaxman , Swapnil Mishra