Abstract: Biological systems can be modeled with two different approaches: parametric and nonparametric. The parametric approach (internal model) describes underlying biological mechanisms of the ...

Value-at-risk (VaR) is one of the most common risk measures used in finance. The correct estimation of VaR is essential for any financial institution, in order to arrive at the accurate capital ...

Abstract: In this paper, we consider a non-parametric model approach to solve the maneuvering target tracking problem. Traditional filtering methods rely on accurate parametric models, while most ...

Let τ be a prior distribution over the parameter space Θ for a given parametric model P θ, θ ∈ Θ. For the sample space X (over which P θ 's are probability measures) belonging to a general class of ...