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Extreme weather events are becoming more frequent and intense, posing serious threats to human life, biodiversity, and ecosystems. A key objective of extreme event attribution (EEA) is to assess whether and to what extent anthropogenic…

Applications · Statistics 2025-07-21 Mengran Li , Daniela Castro-Camilo

Long-tail motion forecasting is a core challenge for autonomous driving, where rare yet safety-critical events-such as abrupt maneuvers and dense multi-agent interactions-dominate real-world risk. Existing approaches struggle in these…

Computational Engineering, Finance, and Science · Computer Science 2025-11-11 Bin Rao , Chengyue Wang , Haicheng Liao , Qianfang Wang , Yanchen Guan , Jiaxun Zhang , Xingcheng Liu , Meixin Zhu , Kanye Ye Wang , Zhenning Li

Rare-event prediction is critical in domains such as healthcare, finance, reliability engineering, customer support, aviation safety, where positive outcomes are infrequent yet potentially catastrophic. Extreme class imbalance biases…

Machine Learning · Computer Science 2026-01-26 Vitaly Bulgakov , Alexander Turchin

Economically responsible mitigation of multivariate extreme risks-such as extreme rainfall over large areas, large simultaneous variations in many stock prices, or widespread breakdowns in transportation systems-requires assessing the…

Machine Learning · Statistics 2026-01-13 Stéphane Lhaut , Holger Rootzén , Johan Segers

Supporting decision-making has long been a central vision in the field of spatio-temporal intelligence. While prior work has improved the timeliness and accuracy of spatio-temporal forecasting, converting these forecasts into actionable…

Machine Learning · Computer Science 2025-06-24 Shulun Chen , Wei Shao , Flora D. Salim , Hao Xue

Spatial-Temporal Graph (STG) forecasting on large-scale networks has garnered significant attention. However, existing models predominantly focus on short-horizon predictions and suffer from notorious computational costs and memory…

Machine Learning · Computer Science 2026-01-09 Yiji Zhao , Zihao Zhong , Ao Wang , Haomin Wen , Ming Jin , Yuxuan Liang , Huaiyu Wan , Hao Wu

Evaluating rare-event forecasts is challenging because standard metrics collapse as event prevalence declines. Measures such as F1-score, AUPRC, MCC, and accuracy induce degenerate thresholds -- converging to zero or one -- and their values…

Methodology · Statistics 2025-12-02 Sotirios D. Nikolopoulos

Daily ETF risk monitoring can become unreliable when market data quality degrades, market conditions shift, or predictive performance becomes unstable. This paper develops a reliability-aware risk monitoring service for next-day tail-risk…

Risk Management · Quantitative Finance 2026-04-20 Tenghan Zhong , Keyuan Wu

Time series models often deal with extreme events and anomalies, both prevalent in real-world datasets. Such models often need to provide careful probabilistic forecasting, which is vital in risk management for extreme events such as…

Machine Learning · Statistics 2022-08-23 Ashkan Farhangi , Jiang Bian , Arthur Huang , Haoyi Xiong , Jun Wang , Zhishan Guo

Financial returns are known to exhibit heavy tails, volatility clustering and abrupt jumps that are poorly captured by classical diffusion models. Advances in machine learning have enabled highly flexible functional forms for conditional…

Risk Management · Quantitative Finance 2025-09-03 Ziyao Wang , Svetlozar T Rachev

Multi-horizon forecasting problems often contain a complex mix of inputs -- including static (i.e. time-invariant) covariates, known future inputs, and other exogenous time series that are only observed historically -- without any prior…

Machine Learning · Statistics 2020-09-29 Bryan Lim , Sercan O. Arik , Nicolas Loeff , Tomas Pfister

Ensemble learning is a mainstay in modern data science practice. Conventional ensemble algorithms assigns to base models a set of deterministic, constant model weights that (1) do not fully account for variations in base model accuracy…

Machine Learning · Computer Science 2018-12-20 Jeremiah Zhe Liu , John Paisley , Marianthi-Anna Kioumourtzoglou , Brent A. Coull

A key building block in the design of ultra-reliable communication systems is a wireless channel model that captures the statistics of rare events occurring due to significant fading. In this paper, we propose a novel methodology based on…

Signal Processing · Electrical Eng. & Systems 2024-01-12 Niloofar Mehrnia , Sinem Coleri

This article introduces the Event based Prediction Suffix Tree (EPST), a biologically inspired, event-based prediction algorithm. The EPST learns a model online based on the statistics of an event based input and can make predictions over…

Machine Learning · Computer Science 2023-10-24 Evie Andrew , Travis Monk , André van Schaik

This paper presents a novel semiparametric method to study the effects of extreme events on binary outcomes and subsequently forecast future outcomes. Our approach, based on Bayes' theorem and regularly varying (RV) functions, facilitates a…

Econometrics · Economics 2025-02-25 Laura Liu , Yulong Wang

The use of expectiles in risk management has recently gathered remarkable momentum due to their excellent axiomatic and probabilistic properties. In particular, the class of elicitable law-invariant coherent risk measures only consists of…

Statistics Theory · Mathematics 2023-03-21 Abdelaati Daouia , Simone A. Padoan , Gilles Stupfler

Precipitation nowcasting remains challenging due to the highly localized, rapidly evolving, and heterogeneous nature of atmospheric dynamics. Although recent methods increasingly adopt attention-based architectures in both unimodal and…

Machine Learning · Computer Science 2026-05-14 Penghui Wen , Zexin Hu , Sen Zhang , Patrick Filippi , Xiaogang Zhu , Allen Benter , Thomas Bishop , Zhiyong Wang , Kun Hu

The key to successful statistical analysis of bivariate extreme events lies in flexible modelling of the tail dependence relationship between the two variables. In the extreme value theory literature, various techniques are available to…

Methodology · Statistics 2025-05-05 Emma S. Simpson , Jonathan A. Tawn

Robust quantification of predictive uncertainty is critical for understanding factors that drive weather and climate outcomes. Ensembles provide predictive uncertainty estimates and can be decomposed physically, but both physics and machine…

Fine-tuning pre-trained diffusion and flow models to optimize downstream utilities is central to real-world deployment. Existing entropy-regularized methods primarily maximize expected reward, providing no mechanism to shape tail behavior.…

Machine Learning · Computer Science 2026-02-20 Zifan Wang , Riccardo De Santi , Xiaoyu Mo , Michael M. Zavlanos , Andreas Krause , Karl H. Johansson