Multivariate Hierarchical Frameworks for Modelling Delayed Reporting in Count Data

In many fields and applications count data can be subject to delayed reporting. This is where the total count, such as the number of disease cases contracted in a given week, may not be immediately available, instead arriving in parts over time. For short term decision making, the statistical challenge lies in predicting the total count based on any observed partial counts, along with a robust quantification of uncertainty. In this article we discuss previous approaches to modelling delayed reporting and present a multivariate hierarchical framework where the count generating process and delay mechanism are modelled simultaneously. Unlike other approaches, the framework can also be easily adapted to allow for the presence of under-reporting in the final observed count. To compare our approach with existing frameworks, one of which we extend to potentially improve predictive performance, we present a case study of reported dengue fever cases in Rio de Janeiro. Based on both within-sample and out-of-sample posterior predictive model checking and arguments of interpretability, adaptability, and computational efficiency, we discuss the advantages and disadvantages of each modelling framework.Comment: Biometrics (2019

Assessment of available anatomical characters for linking living mammals to fossil taxa in phylogenetic analyses

ORCID: 0000-0003-4919-8655© 2016 The Authors. Published by the Royal Society under the terms of the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, provided the original author and source are credited. The file attached is the published version of the article

Are U.S. CEOs Paid More than U.K. CEOs? Inferences from Risk- Adjusted Pay (CRI 2009-003)

We compute and compare risk-adjusted pay for US and UK CEOs, where the adjustment is based on estimated risk premiums stemming from the equity incentives borne by CEOs. Controlling for firm and industry characteristics, we find that US CEOs have higher pay, but also bear much higher stock and option incentives than UK CEOs. Using reasonable estimates of risk premiums, we find that risk-adjusted US CEO pay does not appear large compared to that of UK CEOs. We also examine differences in pay and equity incentives between a sample of non-UK European CEOs and a matched sample of US CEOs, and find that risk-adjusting pay may explain about half of the apparent higher pay for US CEOs

Multiple morbidities in companion dogs: a novel model for investigating age-related disease

The proportion of men and women surviving over 65 years has been steadily increasing over the last century. In their later years, many of these individuals are afflicted with multiple chronic conditions, placing increasing pressure on healthcare systems. The accumulation of multiple health problems with advanced age is well documented, yet the causes are poorly understood. Animal models have long been employed in attempts to elucidate these complex mechanisms with limited success. Recently, the domestic dog has been proposed as a promising model of human aging for several reasons. Mean lifespan shows twofold variation across dog breeds. In addition, dogs closely share the environments of their owners, and substantial veterinary resources are dedicated to comprehensive diagnosis of conditions in dogs. However, while dogs are therefore useful for studying multimorbidity, little is known about how aging influences the accumulation of multiple concurrent disease conditions across dog breeds. The current study examines how age, body weight, and breed contribute to variation in multimorbidity in over 2,000 companion dogs visiting private veterinary clinics in England. In common with humans, we find that the number of diagnoses increases significantly with age in dogs. However, we find no significant weight or breed effects on morbidity number. This surprising result reveals that while breeds may vary in their average longevity and causes of death, their age-related trajectories of morbidities differ little, suggesting that age of onset of disease may be the source of variation in lifespan across breeds. Future studies with increased sample sizes and longitudinal monitoring may help us discern more breed-specific patterns in morbidity. Overall, the large increase in multimorbidity seen with age in dogs mirrors that seen in humans and lends even more credence to the value of companion dogs as models for human morbidity and mortality

Habitual accountability routines in the boardroom: How boards balance control and collaboration

open3siCorporate accountability is a complex chain of reporting that reaches from external stakeholders into the organization’s management structure. The transition from external to internal accountability mechanisms primarily occurs at the board of directors. Yet outside of incentive mechanisms, we know surprisingly little about how internal actors (management) are held to account by the representatives of external shareholders (the board). This paper explores the process of accountability at this transition point by documenting the routines used by boards to hold the firm’s management to account. In so doing we develop our understanding of the important transition between internal and external firm accountability.embargoed_20190401Nicholson, Gavin; Pugliese, Amedeo; Bezemer, Pieter JanNicholson, Gavin; Pugliese, Amedeo; Bezemer, Pieter Ja

Incorporating weather information into real-time speed estimates: comparison of alternative models

Weather information is frequently requested by travelers. Prior literature indicates that inclement weather is one of the most important factors contributing to traffic congestion and crashes. In this paper, we propose a methodology to use real-time weather information to predict future speeds. The reason for doing so is to ultimately have the capability to disseminate weather-responsive travel time estimates to those requesting information. Using a stratified sampling technique, we select cases with different weather conditions (precipitation levels) and use a linear regression model (called the base model) and a statistical learning model (using Support Vector Machines for Regression) to predict 30-minute ahead speeds. One of the major inputs into a weather-responsive short-term speed prediction method is weather forecasts; however, weather forecasts may themselves be inaccurate. We assess the effects of such inaccuracies by means of simulations. The predictive accuracy of the SVR models show that statistical learning methods may be useful in bringing together streaming forecasted weather data and real-time information on downstream traffic conditions to enable travelers to make informed choices

Executive equity compensation and incentives: a survey

Stock and option compensation and the level of managerial equity incentives are aspects of corporate governance that are especially controversial to shareholders, institutional activists, and government regulators. Similar to much of the corporate finance and corporate governance literature, research on stock-based compensation and incentives has not only generated useful insights, but also produced many contradictory findings. Not surprisingly, many fundamental questions remain unanswered. In this study, the authors synthesize the broad literature on equity-based compensation and executive incentives and highlight topics that seem especially appropriate for future research.Executives ; Stockholders ; Corporate governance

Detecting similarities among distant homologous proteins by comparison of domain flexibilities

Aim of this work is to assess the informativeness of protein dynamics in the detection of similarities among distant homologous proteins. To this end, an approach to perform large-scale comparisons of protein domain flexibilities is proposed. CONCOORD is confirmed as a reliable method for fast conformational sampling. The root mean square fluctuation of alpha carbon positions in the essential dynamics subspace is employed as a measure of local flexibility and a synthetic index of similarity is presented. The dynamics of a large collection of protein domains from ASTRAL/SCOP40 is analyzed and the possibility to identify relationships, at both the family and the superfamily levels, on the basis of the dynamical features is discussed. The obtained picture is in agreement with the SCOP classification, and furthermore suggests the presence of a distinguishable familiar trend in the flexibility profiles. The results support the complementarity of the dynamical and the structural information, suggesting that information from dynamics analysis can arise from functional similarities, often partially hidden by a static comparison. On the basis of this first test, flexibility annotation can be expected to help in automatically detecting functional similarities otherwise unrecoverable. © 2007 The Author(s)

Detecting multivariate interactions in spatial point patterns with Gibbs models and variable selection

We propose a method for detecting significant interactions in very large multivariate spatial point patterns. This methodology develops high dimensional data understanding in the point process setting. The method is based on modelling the patterns using a flexible Gibbs point process model to directly characterise point-to-point interactions at different spatial scales. By using the Gibbs framework significant interactions can also be captured at small scales. Subsequently, the Gibbs point process is fitted using a pseudo-likelihood approximation, and we select significant interactions automatically using the group lasso penalty with this likelihood approximation. Thus we estimate the multivariate interactions stably even in this setting. We demonstrate the feasibility of the method with a simulation study and show its power by applying it to a large and complex rainforest plant population data set of 83 species

Linking anthropogenic resources to wildlife-pathogen dynamics: a review and meta-analysis

Urbanisation and agriculture cause declines for many wildlife, but some species benefit from novelresources, especially food, provided in human-dominated habitats. Resulting shifts in wildlife ecol-ogy can alter infectious disease dynamics and create opportunities for cross-species transmission,yet predicting host–pathogen responses to resource provisioning is challenging. Factors enhancingtransmission, such as increased aggregation, could be offset by better host immunity due toimproved nutrition. Here, we conduct a review and meta-analysis to show that food provisioningresults in highly heterogeneous infection outcomes that depend on pathogen type and anthropo-genic food source. We also find empirical support for behavioural and immune mechanismsthrough which human-provided resources alter host exposure and tolerance to pathogens. Areview of recent theoretical models of resource provisioning and infection dynamics shows thatchanges in host contact rates and immunity produce strong non-linear responses in pathogen inva-sion and prevalence. By integrating results of our meta-analysis back into a theoretical frame-work, we find provisioning amplifies pathogen invasion under increased host aggregation andtolerance, but reduces transmission if provisioned food decreases dietary exposure to parasites.These results carry implications for wildlife disease management and highlight areas for futurework, such as how resource shifts might affect virulence evolution