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We analyze the properties of the implied volatility, the commonly used volatility estimator by direct option price inversion. It is found that the implied volatility is subject to a systematic bias in...
In this paper we establish some conditional limit theorems for some critical superprocesses X = {X t ,t ≥ 0}. First we identify the rate of non-extinction. Then we show that, for a large class of func...
We introduce a method for learning pairwise interactions in a linear regression or logistic regression model in a manner that satisfies strong hierarchy: whenever an interaction is estimated to be non...
We construct a prequential test of probabilistic forecasts that does not reject correct forecasts when the data-generating processes is exchangeable and is not manipulable by a false forecaster.
Penalized M-estimators are used in many areas of science and engineering to fit models with some low-dimensional structure in high-dimensional settings. In many problems arising in bioinformatics, sig...
Large-scale multiple testing with highly correlated test statistics arises frequently in many scienti?c research. Incorporating correlation information in estimating false discovery proportion has att...
Han and Liu (2012) proposed a method named transelliptical component analysis (TCA) for conducting scale-invariant principal component analysis on high dimensional data with transelliptical distributi...
This paper presents a novel algorithm, based upon the dependent Dirichlet process mixture model (DDPMM), for clustering batch-sequential data containing an unknown number of evolving clusters. The alg...
This paper proposes a simple procedure to obtain monotone estimates of both the local and the tail false discovery rates that arise in large-scale multiple testing. The proposed monotonization natural...
Computational topology has recently known an important development toward data analysis, giving birth to the field of topological data analysis. Topological persistence, or persistent homology, appear...
In this supplementary appendix we provide additional results, omitted proofs and extensive simulations that complement the analysis of the main text
This note introduces a new Bayesian control chart to compare two processes by monitoring the ratio of their percentiles under Weibull assumption. Both in-control and out-of-control parameters are supp...
This paper proposes a generative model, the latent Dirichlet hidden Markov models (LDHMM), for characterizing a database of sequential behaviors (sequences). LDHMMs posit that each sequence is generat...

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