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Record W2080125129 · doi:10.1145/2465848.2465853

High performance risk aggregation

2013· article· en· W2080125129 on OpenAlexaff
Zhimin Yao, Blesson Varghese, Andrew Rau‐Chaplin

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldDecision Sciences
TopicRisk and Portfolio Optimization
Canadian institutionsDalhousie University
Fundersnot available
KeywordsComputer scienceAggregate (composite)ExploitDistributed File SystemProcess (computing)Set (abstract data type)Scope (computer science)Monte Carlo methodData setBig dataDistributed computingData miningDatabaseParallel computingOperating system

Abstract

fetched live from OpenAlex

Monte Carlo simulations employed for the analysis of portfolios of catastrophic risk process large volumes of data. Often times these simulations are not performed in real-time scenarios as they are slow and consume large data. Such simulations can benefit from a framework that exploits parallelism for addressing the computational challenge and facilitates a distributed file system for addressing the data challenge. To this end, the Apache Hadoop framework is chosen for the simulation reported in this paper so that the computational challenge can be tackled using the MapReduce model and the data challenge can be addressed using the Hadoop Distributed File System. A parallel algorithm for the analysis of aggregate risk is proposed and implemented using the MapReduce model in this paper. An evaluation of the performance of the algorithm indicates that the Hadoop MapReduce model offers a framework for processing large data in aggregate risk analysis. A simulation of aggregate risk employing 100,000 trials with 1000 catastrophic events per trial on a typical exposure set and contract structure is performed on multiple worker nodes in less than 6 minutes. The result indicates the scope and feasibility of MapReduce for tackling the computational and data challenge in the analysis of aggregate risk for real-time use.

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 machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.006
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.007
Threshold uncertainty score0.022

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.006
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.002
Science and technology studies0.0010.000
Scholarly communication0.0030.001
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0060.001

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 head0.033
GPT teacher head0.300
Teacher spread0.267 · 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 source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

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

Citations0
Published2013
Admission routes1
Has abstractyes

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