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We consider properties of the measurement intensity $\rho$ of a random variable for which the probability density function represented by the corresponding Wigner function attains negative values on a part of the domain. We consider a…

综合金融 · 定量金融 2015-03-26 Marcin Makowski , Edward W. Piotrowski , Jan Sładkowski , Jacek Syska

In this paper, we investigate the asymptotic behavior of nearly unstable Hawkes processes whose regression kernel has $L^1$ norm strictly greater than one and close to one as time goes to infinity. We find that,the scaling size determines…

概率论 · 数学 2026-01-14 Chenguang Liu , Liping Xu , An Zhang

In this paper we determine bounds and exact asymptotics of the ruin probability for risk process with arrivals given by a linear marked Hawkes process. We consider the light-tailed and heavy-tailed case of the claim sizes. Main technique is…

概率论 · 数学 2023-04-07 Zbigniew Palmowski , Simon Pojer , Stefan Thonhauser

We analyse the balls in bins process with feedback with primary focus on the power law feedback function $f(\omega)=\eta \omega^{\gamma}\,$, $\eta>0\,$ $\gamma \geq0\,$. Using the recursive solution to the master equation we find for power…

概率论 · 数学 2023-08-22 Samuel Forbes

The subcritical Markov branching process X(t) starting with one particle as the initial condition has the ultimate extinction probability q = 1. The branching mechanism in consideration is defined by the mixture of logarithmic distributions…

概率论 · 数学 2023-12-06 Penka Mayster , Assen Tchorbadjieff

Let $F$ be a distribution function on $\mathbb{R}$ with $F(0) = 0 $ and density $f$. Let $\tilde{F}$ be the distribution function of $X_1 - X_2$, $X_i\sim F,\, i=1,2,\text{ iid}$. We show that for a critical Hawkes process with displacement…

概率论 · 数学 2017-06-14 Matthias Kirchner

The Hawkes process is a simple point process with wide applications in finance, social networks, criminology, seismology, and many other fields. The Hawkes process is defined for continuous-time setting. However, data is also recorded in a…

概率论 · 数学 2021-06-23 Haixu Wang

In this paper, we present a nonparametric estimation procedure for the multivariate Hawkes point process. The timeline is cut into bins and -- for each component process -- the number of points in each bin is counted. The distribution of…

概率论 · 数学 2022-08-18 Matthias Kirchner

Hawkes processes have seen a number of applications in finance, due to their ability to capture event clustering behaviour typically observed in financial systems. Given a calibrated Hawkes process, of concern is the statistical fit to…

交易与市场微观结构 · 定量金融 2016-04-18 Roger Martins , Dieter Hendricks

We consider the pricing of derivatives written on accumulated marks, such as weather derivatives or aggregate loss claims, using a self-exciting marked point process. The jump intensity mean-reverts between events and increases at jump…

数理金融 · 定量金融 2026-03-16 Aqib Ahmed , Heiðar Eyjólfsson

In this paper, we are interested in linear prediction of a particular kind of stochastic process, namely a marked temporal point process. The observations are event times recorded on the real line, with marks attached to each event. We show…

统计方法学 · 统计学 2022-07-18 Maximilian Aigner , Valérie Chavez-Demoulin

We obtain local weak limits in probability for Collapsed Branching Processes (CBP), which are directed random networks obtained by collapsing random-sized families of individuals in a general continuous-time branching process. The local…

概率论 · 数学 2025-01-22 Sayan Banerjee , Prabhanka Deka , Mariana Olvera-Cravioto

We aim to explicitly model the delayed Granger causal effects based on multivariate Hawkes processes. The idea is inspired by the fact that a causal event usually takes some time to exert an effect. Studying this time lag itself is of…

机器学习 · 计算机科学 2023-08-14 Chao Yang , Hengyuan Miao , Shuang Li

We develop a Bayesian nonparametric approach to a general family of latent class problems in which individuals can belong simultaneously to multiple classes and where each class can be exhibited multiple times by an individual. We introduce…

统计方法学 · 统计学 2013-06-11 Tamara Broderick , Lester Mackey , John Paisley , Michael I. Jordan

A one-parameter family of point processes describing the distribution of the critical points of the characteristic polynomial of large random Hermitian matrices on the scale of mean spacing is investigated. Conditionally on the Riemann…

概率论 · 数学 2017-08-18 Sasha Sodin

A self-exciting spatio-temporal point process is fitted to incident data from the UK National Traffic Information Service to model the rates of primary and secondary accidents on the M25 motorway in a 12-month period during 2017-18. This…

应用统计 · 统计学 2020-08-26 Kieran Kalair , Colm Connaughton , Pierfrancesco Alaimo Di Loro

We prove finite time extinction for stochastic sign fast diffusion equations driven by linear multiplicative space-time noise, corresponding to the Bak-Tang-Wiesenfeld model for self-organized criticality. This solves a problem posed and…

概率论 · 数学 2015-06-17 Benjamin Gess

We present the first exact analysis of some of the temporal properties of multivariate self-excited Hawkes conditional Poisson processes, which constitute powerful representations of a large variety of systems with bursty events, for which…

统计力学 · 物理学 2014-08-26 A. Saichev , D. Sornette

We investigate the asymptotic behavior as time goes to infinity of Hawkes processes whose regression kernel has $L^1$ norm close to one and power law tail of the form $x^{-(1+\alpha)}$, with $\alpha\in(0,1)$. We in particular prove that…

概率论 · 数学 2015-04-14 Thibault Jaisson , Mathieu Rosenbaum

A univariate Hawkes process is a simple point process that is self-exciting and has clustering effect. The intensity of this point process is given by the sum of a baseline intensity and another term that depends on the entire past history…

概率论 · 数学 2018-10-04 Xuefeng Gao , Lingjiong Zhu