MétaCan
Menu
Back to cohort
Record W1563267031

A Hybrid Pareto Model for Conditional Density Estimation of Asymmetric Fat-Tail Data

2007· preprint· en· W1563267031 on OpenAlexaff
Julie Carreau, Yoshua Bengio

Bibliographic record

VenuePolyPublie (École Polytechnique de Montréal) · 2007
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicFinancial Risk and Volatility Modeling
Canadian institutionsUniversité de Montréal
Fundersnot available
KeywordsEstimatorGeneralized Pareto distributionPareto principleConditional probability distributionDensity estimationMathematicsApplied mathematicsNonparametric statisticsMixture modelProbability density functionConditional varianceMathematical optimizationAlgorithmStatisticsExtreme value theoryEconometrics
DOInot available

Abstract

fetched live from OpenAlex

We propose an estimator for the conditional density p(Y |X) that can adapt for asymmetric heavy tails which might depend on X. Such estimators have important applications in nance and insurance. We draw from Extreme Value Theory the tools to build a hybrid unimodal density having a parameter controlling the heaviness of the upper tail. This hybrid is a Gaussian whose upper tail has been replaced by a generalized Pareto tail. We use this hybrid in a multi-modal mixture in order to obtain a nonparametric density estimator that can easily adapt for heavy tailed data. To obtain a conditional density estimator, the parameters of the mixture estimator can be seen as functions of X and these functions learned. We show experimentally that this approach better models the conditional density in terms of likelihood than compared competing algorithms: conditional mixture models with other types of components and multivariate nonparametric models. 1

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.646
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.001
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.058
GPT teacher head0.271
Teacher spread0.214 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designSimulation or modeling
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations7
Published2007
Admission routes1
Has abstractyes

Explore more

Same venuePolyPublie (École Polytechnique de Montréal)Same topicFinancial Risk and Volatility ModelingFrench-language works237,207