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We analyse the ruin probabilities for a renewal insurance risk process with inter-arrival time distributions depending on the claims that arrived within a fixed (past) time window. This dependence could be explained through a regenerative…

概率论 · 数学 2016-04-22 Corina Constantinescu , Suhang Dai , Weihong Ni , Zbigniew Palmowski

As autonomous vehicles have benefited the society, understanding the dynamic change of humans' trust during human-autonomous vehicle interaction can help to improve the safety and performance of autonomous driving. We designed and conducted…

人机交互 · 计算机科学 2019-07-19 Shili Sheng , Erfan Pakdamanian , Kyungtae Han , BaekGyu Kim , Prashant Tiwari , Inki Kim , Lu Feng

With the advancement in technology, telematics data which capture vehicle movements information are becoming available to more insurers. As these data capture the actual driving behaviour, they are expected to improve our understanding of…

应用统计 · 统计学 2024-07-09 Ian Weng Chan , Spark C. Tseung , Andrei L. Badescu , X. Sheldon Lin

Recent researches have seen an upsurge in the analysis of consumer reviews. Although, several dimensions have been explored, less is known on the temporal dynamics of events that happen over the lifecycle of online products. What are the…

社会与信息网络 · 计算机科学 2017-04-12 Santosh K C , Arjun Mukherjee

The use of bonus-malus systems in compulsory liability automobile insurance is a worldwide applied method for premium pricing. If certain assumptions hold, like the conditional Poisson distribution of the policyholders claim number, then an…

应用统计 · 统计学 2012-03-06 Miklós Arató , László Martinek

The existence of the pricing kernel is shown to imply the existence of an ambient information process that generates market filtration. This information process consists of a signal component concerning the value of the random variable X…

综合金融 · 定量金融 2011-03-17 Grzegorz Andruszkiewicz , Dorje C. Brody

In electricity markets, it is sensible to use a two-factor model with mean reversion for spot prices. One of the factors is an Ornstein-Uhlenbeck (OU) process driven by a Brownian motion and accounts for the small variations. The other…

证券定价 · 定量金融 2013-08-16 Fred Espen Benth , Salvador Ortiz-Latorre

Accurate damage prediction is crucial for disaster preparedness and response strategies, particularly given the frequent earthquakes in Turkey. Utilizing datasets on earthquake data, infrastructural quality metrics, and contemporary…

地球物理 · 物理学 2024-11-15 Shrey Shah , Alex Lin , Scott Lin , Josh Patel , Michael Lam , Kevin Zhu

Different technological domains have significantly different rates of performance improvement. Prior theory indicates that such differing rates should influence the relative speed of diffusion of the products embodying the different…

经济学 · 定量金融 2018-06-01 JongRoul Woo , Christopher L. Magee

Motivated by Germany's April 2026 fuel price regulation, in this note I study a two-period pricing problem with demand uncertainty and a rule that prohibits more than one price increase during the day. Under flexible pricing, the firm…

理论经济学 · 经济学 2026-04-21 Philipp Denter

We study how tariffs affect industrial structure and welfare in an economy where sectors are complements and preferences are nonhomothetic -- two drivers of structural change. Import tariffs on a sector influence sectoral composition by…

综合经济学 · 经济学 2025-11-18 Hayato Kato , Kensuke Suzuki , Motoaki Takahashi

Turkish TV dramas, renowned for their extensive episodes and captivating romantic narratives, have gained global popularity, leading to the central question of this study: what drives the virality of these series based on their scripts and…

物理与社会 · 物理学 2025-02-04 Guanghui Pan , Selcan Mutgan , Abdul Basit Adeel , Abbas K. Rizi

We study the helpful product reviews identification problem in this paper. We observe that the evidence-conclusion discourse relations, also known as arguments, often appear in product reviews, and we hypothesise that some argument-based…

计算与语言 · 计算机科学 2017-07-25 Haijing Liu , Yang Gao , Pin Lv , Mengxue Li , Shiqiang Geng , Minglan Li , Hao Wang

Reputation systems concern soft security dynamics in diverse areas. Trust dynamics in a reputation system should be stable and adaptable at the same time to serve the purpose. Many reputation mechanisms have been proposed and tested over…

社会与信息网络 · 计算机科学 2019-03-15 Ekaterina Yashkina , Arseny Pinigin , JooYoung Lee , Manuel Mazzara , Akinlolu Solomon Adekotujo , Adam Zubair , Luca Longo

Tandem queueing systems are widely-used stochastic models that arise from many real-life service operations systems. Motivated by the desire to understand the trade-off between the performance and complexity of policies for…

最优化与控制 · 数学 2018-04-25 Tonghoon Suk , Xinchang Wang

An insurance company, as a risk bearer, is exposed to the likelihood of running into ruin. This is the situation where the initial surplus falls below zero. There is the need to find the required start-up capital to hedge against…

风险管理 · 定量金融 2024-10-17 Daniel Tawiah Pabifio

Bathtub models are used to study urban traffic within a certain area. They do not require to take into account the detailed network topology. The emergence of different bathtub models has raised the question of which model can provide more…

系统与控制 · 电气工程与系统科学 2024-12-17 Jiayi Guo , Irene Martínez , Gonçalo Correia , Bart van Arem

Actuaries use predictive modeling techniques to assess the loss cost on a contract as a function of observable risk characteristics. State-of-the-art statistical and machine learning methods are not well equipped to handle hierarchically…

应用统计 · 统计学 2023-02-01 Bavo D. C. Campo , Katrien Antonio

Co-branding has become a widely used marketing strategy, yet little attention has been paid to its impact on a firm's stock value. Prior literature has shown that using a co-branding strategy properly helps firms leverage the brand value…

交易与市场微观结构 · 定量金融 2022-02-16 Hengameh Fakhravar , Hesamoddin Tahami

Thermodynamic uncertainty relations (TURs) express a fundamental tradeoff between the precision (inverse scaled variance) of any thermodynamic current by functionals of the average entropy production. Relying on purely variational…

统计力学 · 物理学 2022-11-28 Kyle J. Ray , Alexander B. Boyd , Giacomo Guarnieri , James P. Crutchfield