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Financial data has been extensively studied for correlations using Pearson's cross-correlation coefficient {\rho} as the point of departure. We employ an estimator based on recurrence plots --- the Correlation of Probability of Recurrence…

Statistical Finance · Quantitative Finance 2013-06-05 B. Goswami , G. Ambika , N. Marwan , J. Kurths

We address a distributed adaptive control methodology for nonlinear interconnected systems possibly affected by network anomalies. In the framework of adaptive approximation, the distributed controller and parameter estimator are designed…

Systems and Control · Electrical Eng. & Systems 2025-01-08 Youqing Wang , Ying Li , Thomas Parisini , Dong Zhao

Large-scale interconnected uncertain systems commonly have large state and uncertainty dimensions. Aside from the heavy computational cost of solving centralized robust stability analysis techniques, privacy requirements in the network can…

Optimization and Control · Mathematics 2014-02-11 Sina Khoshfetrat Pakazad , Anders Hansson , Martin S. Andersen , Anders Rantzer

In this paper, we study estimation of potentially unstable linear dynamical systems when the observations are distributed over a network. We are interested in scenarios when the information exchange among the agents is restricted. In…

Information Theory · Computer Science 2011-11-22 Usman A. Khan , Ali Jadbabaie

In many applications it is of interest to identify anomalous behavior within a dynamic interacting system. Such anomalous interactions are reflected by structural changes in the network representation of the system. We propose and…

Methodology · Statistics 2016-12-01 James D. Wilson , Nathaniel T. Stevens , William H. Woodall

The local structure of unweighted networks can be characterized by the number of times a subgraph appears in the network. The clustering coefficient, reflecting the local configuration of triangles, can be seen as a special case of this…

Statistical Mechanics · Physics 2009-11-10 J. -P. Onnela , J. Saramäki , J. Kertész , K. Kaski

Detrended fluctuation analysis (DFA) has been used widely to determine possible long-range correlations in data obtained from diverse settings. In a recent study [1], uncorrelated random spikes superimposed on the long-range correlated…

Statistical Mechanics · Physics 2007-05-23 Radhakrishnan Nagarajan

We introduce Network Maximal Correlation (NMC) as a multivariate measure of nonlinear association among random variables. NMC is defined via an optimization that infers transformations of variables by maximizing aggregate inner products…

Machine Learning · Statistics 2017-02-13 Soheil Feizi , Ali Makhdoumi , Ken Duffy , Muriel Medard , Manolis Kellis

This paper studies distributed resource allocation problem in multi-agent systems, where all the agents cooperatively minimize the sum of their cost functions with global resource constraints over stochastic communication networks. This…

Optimization and Control · Mathematics 2021-04-27 Tie Ding , Shanying Zhu , Cailian Chen , Xinping Guan

We establish sharp upper and lower bounds for distortion risk metrics under distributional uncertainty. The uncertainty sets are characterized by four key features of the underlying distribution: mean, variance, unimodality, and Wasserstein…

Risk Management · Quantitative Finance 2025-11-13 Peng Liu , Steven Vanduffel , Yi Xia

Distributed parameter systems (DPS) are formulated as partial differential equations (PDE). Especially, under time-varying boundary conditions, PDE introduce force coupling. In the case of the flexible stacker crane (STC), nonlinear…

Optimization and Control · Mathematics 2025-01-28 Joe Ismail , Steven Liu

An input-output approach to stability analysis is explored for networked systems with uncertain link dynamics. The main result consists of a collection of integral quadratic constraints, which together imply robust stability of the…

Systems and Control · Electrical Eng. & Systems 2024-11-22 Simone Mariano , Michael Cantoni

This paper explores the estimation of a panel data model with cross-sectional interaction that is flexible both in its approach to specifying the network of connections between cross-sectional units, and in controlling for unobserved…

Econometrics · Economics 2021-11-23 Ayden Higgins , Federico Martellosio

We study stock market instability by using cross-correlations constructed from the return time series of 366 stocks traded on the Tokyo Stock Exchange from January 5, 1998 to December 30, 2013. To investigate the dynamical evolution of the…

Statistical Finance · Quantitative Finance 2017-12-19 Tetsuya Takaishi

Most network studies rely on an observed network that differs from the underlying network which is obfuscated by measurement errors. It is well known that such errors can have a severe impact on the reliability of network metrics,…

Social and Information Networks · Computer Science 2020-01-09 Christoph Martin , Peter Niemeyer

Previous statistical approaches to hierarchical clustering for social network analysis all construct an "ultrametric" hierarchy. While the assumption of ultrametricity has been discussed and studied in the phylogenetics literature, it has…

Applications · Statistics 2023-10-03 Sijia Fang , Karl Rohe

Podobnik and Stanley recently proposed a novel framework, Detrended Cross-Correlation Analysis, for the analysis of power-law cross-correlation between two time-series, a phenomenon which occurs widely in physical, geophysical, financial…

Methodology · Statistics 2013-09-18 Duncan A. J. Blythe

Solving chance-constrained optimal control problems for systems subject to non-stationary uncertainties is a significant challenge.Conventional robust model predictive control (MPC) often yields excessive conservatism by relying on static…

Systems and Control · Electrical Eng. & Systems 2025-07-16 Mingcong Li

Particular aspects of problems ranging from dielectric breakdown to metal insu- lator transition can be studied using electrical o elastic networks. We present an expression for the mean breakdown strength of such networks.First, we intro-…

Statistical Mechanics · Physics 2009-11-07 J. S. Espinoza Ortiz , Chamith S. Rajapakse , Gemunu Gunaratne

The use of machine learning methods helps to improve decision making in different fields. In particular, the idea of bridging predictions (machine learning models) and prescriptions (optimization problems) is gaining attention within the…

Optimization and Control · Mathematics 2022-11-22 Antonio Alcántara , Carlos Ruiz