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Many cluster similarity indices are used to evaluate clustering algorithms, and choosing the best one for a particular task remains an open problem. We demonstrate that this problem is crucial: there are many disagreements among the…

Discrete Mathematics · Computer Science 2021-08-27 Martijn Gösgens , Alexey Tikhonov , Liudmila Prokhorenkova

In this paper, we propose a general bi-objective model for portfolio selection, aiming to maximize both a diversification measure and the portfolio expected return. Within this general framework, we focus on maximizing a diversification…

Portfolio Management · Quantitative Finance 2023-12-18 Francesco Cesarone , Rosella Giacometti , Manuel Luis Martino , Fabio Tardella

Score matching is an estimation procedure that has been developed for statistical models whose probability density function is known up to proportionality but whose normalizing constant is intractable, so that maximum likelihood is…

Methodology · Statistics 2024-04-23 Jiazhen Xu , Janice L. Scealy , Andrew T. A. Wood , Tao Zou

We provide a formal framework accounting for a widespread idea in the theory of economic design: analytically established incompatibilities between given axioms should be qualified by the likelihood of their violation. We define the degree…

Theoretical Economics · Economics 2025-02-20 Pierre Bardier

The role played by the composite analogue of the log likelihood ratio in hypothesis testing and in setting confidence regions is not as prominent as it is in the canonical likelihood setting, since its asymptotic distribution depends on the…

Methodology · Statistics 2013-01-30 Nicola Lunardon

The forensic science community has increasingly sought quantitative methods for conveying the weight of evidence. Experts from many forensic laboratories summarize their findings in terms of a likelihood ratio. Several proponents of this…

Applications · Statistics 2017-04-28 Steven P. Lund , Hari K. Iyer

There is no, nor will there ever be, single best clustering algorithm. Nevertheless, we would still like to be able to distinguish between methods that work well on certain task types and those that systematically underperform. Clustering…

Machine Learning · Computer Science 2025-10-16 Marek Gagolewski

Nominal assortativity (or discrete assortativity) is widely used to characterize group mixing patterns and homophily in networks, enabling researchers to analyze how groups interact with one another. Here we demonstrate that the measure…

Physics and Society · Physics 2023-09-06 Fariba Karimi , Marcos Oliveira

We consider a multi-stock continuous time incomplete market model with random coefficients. We study the investment problem in the class of strategies which do not use direct observations of the appreciation rates of the stocks, but rather…

Mathematical Finance · Quantitative Finance 2015-02-10 Nikolai Dokuchaev

We introduce a new conservative test for quantifying the consistency of two or more datasets. The test is based on the Bayesian answer to the question, ``How much more probable is it that all my data were generated from the same model…

Astrophysics · Physics 2008-11-26 Phil Marshall , Nutan Rajguru , Anze Slosar

This paper studies expected performance and practical feasibility of the most commonly used classes of source-level likelihood-ratio (LR) systems when applied to a trace-reference comparison problem. The paper compares performance of these…

Applications · Statistics 2026-04-27 Peter Vergeer

We introduce a correlation coefficient that is designed to deal with a variety of ranking formats including those containing non-strict (i.e., with-ties) and incomplete (i.e., unknown) preferences. The correlation coefficient is designed to…

Applications · Statistics 2019-02-19 Yeawon Yoo , Adolfo R. Escobedo , J. Kyle Skolfield

This study presents an abelian group approach to analyzing inconsistency in pairwise comparisons. However, it wrongly assumes that an inconsistency indicator can take values in any abelian linearly ordered group. The followup publication…

Discrete Mathematics · Computer Science 2017-12-27 W. W. Koczkodaj , J. Szybowski , E. Wajch

We summarize some results of geometric measure theory concerning rectifiable sets and measures. Combined with the entropic chain rule for disintegrations (Vigneaux, 2021), they account for some properties of the entropy of rectifiable…

Information Theory · Computer Science 2023-06-02 Juan Pablo Vigneaux

The Mallows model is a popular distribution for ranked data. We empirically and theoretically analyze how the properties of rankings sampled from the Mallows model change when increasing the number of alternatives. We find that real-world…

Methodology · Statistics 2024-01-29 Niclas Boehmer , Piotr Faliszewski , Sonja Kraiczy

The paper studies the notion of supposition encoded in non-Archimedean conditional probability (and revealed in the acceptance of the so-called indicative conditionals). The notion of qualitative change of view that thus arises is…

Artificial Intelligence · Computer Science 2007-05-23 Horacio Arlo-Costa

We introduce estimation and test procedures through divergence optimization for discrete or continuous parametric models. This approach is based on a new dual representation for divergences. We treat point estimation and tests for simple…

Statistics Theory · Mathematics 2008-12-02 Michel Broniatowski , Amor Keziou

Commutativity is a normative criterion of aggregation and updating stating that the aggregation of expert posteriors should be identical to the update of the aggregated priors. I propose a thought experiment that raises questions about the…

Theoretical Economics · Economics 2024-07-23 Yuzhao Yang

We study a general risk measure called the generalized shortfall risk measure, which was first introduced in Mao and Cai (2018). It is proposed under the rank-dependent expected utility framework, or equivalently induced from the cumulative…

Risk Management · Quantitative Finance 2024-11-12 Tiantian Mao , Gilles Stupfler , Fan Yang

A composite likelihood is a non-genuine likelihood function that allows to make inference on limited aspects of a model, such as marginal or conditional distributions. Composite likelihoods are not proper likelihoods and need therefore…

Methodology · Statistics 2021-04-06 Michele Lambardi di San Miniato , Nicola Sartori
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