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Stochastic processes find applications in modelling systems in a variety of disciplines. A large number of stochastic models considered are Markovian in nature. It is often observed that higher order Markov processes can model the data…

Probability · Mathematics 2021-04-13 Suryadeepto Nag

A general stochastic approach to the description of coagulating aerosol system is developed. As the object of description one can consider arbitrary mesoscopic values (number of aerosol clusters, their size etc). The birth-and-death…

Chemical Physics · Physics 2011-10-12 V. V. Ryazanov

Probability density estimation is a central task in statistics. Copula-based models provide a great deal of flexibility in modelling multivariate distributions, allowing for the specifications of models for the marginal distributions…

Methodology · Statistics 2024-05-08 Nicolás Kuschinski , Richard Warr , Alejandro Jara

In a recent paper, Mazucheli et al. (2019) introduced the unit-Gompertz (UG) distribution and studied some of its properties. It is a continuous distribution with bounded support, and hence may be useful for modelling life-time phenomena.…

Statistics Theory · Mathematics 2020-06-12 M. Z. Anis , Debsurya De

Generalizations of oscillator and Coulomb models are discussed via introduction of holomorphic coordinates. Complex Euclidean analogue of the Smorodinsky-Winternitz system is introduced and studied. Complex projective analogue of…

Mathematical Physics · Physics 2019-06-18 Hovhannes Shmavonyan

The rotating shallow water model is a simplification of oceanic and atmospheric general circulation models that are used in many applications such as surge prediction, tsunami tracking and ocean modelling. In this paper we introduce a class…

Analysis of PDEs · Mathematics 2023-03-22 Oana Lang , Dan Crisan , Etienne Mémin

We propose a model for the density statistics in supersonic turbulence, which play a crucial role in star-formation and the physics of the interstellar medium (ISM). Motivated by [Hopkins, MNRAS, 430, 1880 (2013)], the model considers the…

Astrophysics of Galaxies · Physics 2017-08-30 Jonathan Squire , Philip F. Hopkins

We introduce a novel perspective by linking ordered probabilistic choice to copula theory, a mathematical framework for modeling dependencies in multivariate distributions. Each representation of ordered probabilistic choice behavior can be…

Theoretical Economics · Economics 2025-07-10 Christopher P. Chambers , Yusufcan Masatlioglu , Kemal Yildiz

We offer a new perspective on risk aggregation with FGM copulas. Along the way, we discover new results and revisit existing ones, providing simpler formulas than one can find in the existing literature. This paper builds on two novel…

Statistics Theory · Mathematics 2022-08-01 Christopher Blier-Wong , Hélène Cossette , Etienne Marceau

A new notion of stochastic ordering is introduced to compare multivariate stochastic risk models with respect to extreme portfolio losses. In the framework of multivariate regular variation comparison criteria are derived in terms of…

Risk Management · Quantitative Finance 2010-10-26 Georg Mainik , Ludger Rüschendorf

We propose a comprehensive Bayesian approach for graphical model determination in observational studies that can accommodate binary, ordinal or continuous variables simultaneously. Our new models are called copula Gaussian graphical models…

Applications · Statistics 2011-08-09 Adrian Dobra , Alex Lenkoski

The correlated stochastic volatility models constitute a natural extension of the Black and Scholes-Merton framework: here the volatility is not a constant, but a stochastic process correlated with the price log-return one. At present,…

Statistical Finance · Quantitative Finance 2008-12-02 E. Cisana , L. Fermi , G. Montagna , O. Nicrosini

We introduce a natural stochastic extension, called SSP, of the abelian sandpile model(ASM), which shares many mathematical properties with ASM, yet radically differs in its physical behavior, for example in terms of the shape of the steady…

Statistical Mechanics · Physics 2020-01-08 Seungki Kim , Yuntao Wang

We propose a novel distributional regression model for a multivariate response vector based on a copula process over the covariate space. It uses the implicit copula of a Gaussian multivariate regression, which we call a ``regression…

Methodology · Statistics 2024-03-06 Nadja Klein , Michael Stanley Smith , David Nott , Ryan Chisholm

We introduce a new class of algorithms, Stochastic Generalized Method of Moments (SGMM), for estimation and inference on (overidentified) moment restriction models. Our SGMM is a novel stochastic approximation alternative to the popular…

Econometrics · Economics 2023-11-01 Xiaohong Chen , Sokbae Lee , Yuan Liao , Myung Hwan Seo , Youngki Shin , Myunghyun Song

This paper introduces vector copulas associated with multivariate distributions with given multivariate marginals, based on the theory of measure transportation, and establishes a vector version of Sklar's theorem. The latter provides a…

Econometrics · Economics 2021-04-14 Yanqin Fan , Marc Henry

Recently, a number of statistical problems have found an unexpected solution by inspecting them through a "modal point of view". These include classical tasks such as clustering or regression. This has led to a renewed interest in…

Methodology · Statistics 2018-07-10 José E. Chacón

Nonlinear Fokker-Planck equations play a major role in modeling large systems of interacting particles with a proved effectiveness in describing real world phenomena ranging from classical fields such as fluids and plasma to social and…

Numerical Analysis · Mathematics 2023-11-23 Giacomo Dimarco , Lorenzo Pareschi , Mattia Zanella

100 years after Smoluchowski introduces his approach to stochastic processes, they are now at the basis of mathematical and physical modeling in cellular biology: they are used for example to analyse and to extract features from large…

Data Analysis, Statistics and Probability · Physics 2017-03-08 David Holcman , Zeev Schuss

Stochastic dynamical systems arise naturally across nearly all areas of science and engineering. Typically, a dynamical system model is based on some prior knowledge about the underlying dynamics of interest in which probabilistic features…

Computational Engineering, Finance, and Science · Computer Science 2021-09-03 Chao Yin , Xihaier Luo , Ahsan Kareem
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