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Intermittent demand, where demand occurrences appear sporadically in time, is a common and challenging problem in forecasting. In this paper, we first make the connections between renewal processes, and a collection of current models used…

机器学习 · 计算机科学 2019-11-26 Ali Caner Turkmen , Yuyang Wang , Tim Januschowski

Deep neural network (DNN) models are valuable intellectual property of model owners, constituting a competitive advantage. Therefore, it is crucial to develop techniques to protect against model theft. Model ownership resolution (MOR) is a…

密码学与安全 · 计算机科学 2024-04-11 Jian Liu , Rui Zhang , Sebastian Szyller , Kui Ren , N. Asokan

The chain-ladder (CL) method is the most widely used claims reserving technique in non-life insurance. This manuscript introduces a novel approach to computing the CL reserves based on a fundamental restructuring of the data utilization for…

应用统计 · 统计学 2026-02-19 Ronald Richman , Mario V. Wüthrich

As corporates and governments become more digital, they become vulnerable to various forms of cyber attack. Cyber insurance products have been used as risk management tools, yet their pricing does not reflect actual risk, including that of…

风险管理 · 定量金融 2020-07-10 Jiwook Jang , Rosy Oh

We study contingent claims in a discrete-time market model where trading costs are given by convex functions and portfolios are constrained by convex sets. In addition to classical frictionless markets and markets with transaction costs or…

证券定价 · 定量金融 2008-12-10 Teemu Pennanen

Multi-state models are frequently applied for representing processes evolving through a discrete set of state. Important classes of multi-state models arise when transitions between states may depend on the time since entry into the current…

统计方法学 · 统计学 2022-02-28 Rosario Barone , Andrea Tancredi

In unsupervised causal representation learning for sequential data with time-delayed latent causal influences, strong identifiability results for the disentanglement of causally-related latent variables have been established in stationary…

机器学习 · 计算机科学 2024-08-02 Xiangchen Song , Weiran Yao , Yewen Fan , Xinshuai Dong , Guangyi Chen , Juan Carlos Niebles , Eric Xing , Kun Zhang

We propose a stochastic model allowing property and casualty insurers with multiple business lines to measure their liabilities for incurred claims risk and calculate associated capital requirements. Our model includes many desirable…

风险管理 · 定量金融 2021-12-07 Carlos Andrés Araiza Iturria , Frédéric Godin , Mélina Mailhot

Critically ill patients in regular wards are vulnerable to unanticipated adverse events which require prompt transfer to the intensive care unit (ICU). To allow for accurate prognosis of deteriorating patients, we develop a novel…

机器学习 · 计算机科学 2017-05-16 Ahmed M. Alaa , Scott Hu , Mihaela van der Schaar

Previous approaches to modelling interval-censored data have often relied on assumptions of homogeneity in the sense that the censoring mechanism, the underlying distribution of occurrence times, or both, are assumed to be time-invariant.…

概率论 · 数学 2024-02-01 M. N. M. van Lieshout , R. L. Markwitz

Two Cox-based multistate modeling approaches are compared for analyzing a complex multicohort event history process. The first approach incorporates cohort information as a fixed covariate, thereby providing a direct estimation of the…

Point and interval estimation of future disability inception and recovery rates are predominantly carried out by combining generalized linear models (GLM) with time series forecasting techniques into a two-step method involving parameter…

应用统计 · 统计学 2014-12-24 Boualem Djehiche , Björn Löfdahl

An intensive research sprang up for stochastic methods in insurance during the past years. To meet all future claims rising from policies, it is requisite to quantify the outstanding loss liabilities. Loss reserving methods based on…

计量经济学 · 经济学 2018-01-08 Matúš Maciak , Ostap Okhrin , Michal Pešta

Traditionally, actuaries have used run-off triangles to estimate reserve ("macro" models, on agregated data). But it is possible to model payments related to individual claims. If those models provide similar estimations, we investigate…

应用统计 · 统计学 2016-03-01 Arthur Charpentier , Mathieu Pigeon

Insurance companies must manage millions of claims per year. While most of these claims are non-fraudulent, fraud detection is core for insurance companies. The ultimate goal is a predictive model to single out the fraudulent claims and pay…

机器学习 · 计算机科学 2018-09-03 Leander Löw , Martin Spindler , Eike Brechmann

We consider the problem of Bayesian inference for bi-variate data observed in time but with observation times which occur non-synchronously. In particular, this occurs in a wide variety of applications in finance, such as high-frequency…

统计方法学 · 统计学 2025-03-04 Ajay Jasra , Kengo Kamatani , Amin Wu

We review basic modeling approaches for failure and maintenance data from repairable systems. In particular we consider imperfect repair models, defined in terms of virtual age processes, and the trend-renewal process which extends the…

统计方法学 · 统计学 2007-08-03 Bo Henry Lindqvist

Survival models are a popular tool for the analysis of time to event data with applications in medicine, engineering, economics, and many more. Advances like the Cox proportional hazard model have enabled researchers to better describe…

机器学习 · 统计学 2021-02-16 Stefan Groha , Sebastian M Schmon , Alexander Gusev

In this paper, we study Markov-dependent reflected autoregressive processes, and other related models the analysis of which results in a vector-valued fixed-point functional equation of a certain type. In queueing terms, such processes…

概率论 · 数学 2025-06-23 Ioannis Dimitriou

Epidemics are inherently stochastic, and stochastic models provide an appropriate way to describe and analyse such phenomena. Given temporal incidence data consisting of, for example, the number of new infections or removals in a given time…

统计方法学 · 统计学 2024-05-24 Sam A. Whitaker , Andrew Golightly , Colin S. Gillespie , Theodore Kypraios