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1. Changes in Risk Appreciation, and Short Memory of House Buyers When the Market is Hot, a Case Study of Christchurch, New Zealand

Author

Mendoza, Emil, Dunker, Fabian, and Reale, Marco

Subjects
Quantitative Finance - General Finance, Statistics - Applications
Abstract

In this paper house prices in Christchurch are analyzed over three distinct periods of time: post-2011 earthquake, pre-COVID-19 lockdown, and post-COVID-19 lockdown using the well-established hedonic price model. Results show that buyers, in periods that are temporally distant from the 2011 Christchurch earthquake, value the risk of potential earthquake damage to a property differently from buyers soon after the earthquake. We find that there are observable shifts in hedonic prices across the different time periods, specifically for section size pre and post COVID-19 lockdown.

Published
2023

3. Nonparametric Estimation of the Random Coefficients Model in Python

Author

Mendoza, Emil, Dunker, Fabian, and Reale, Marco

Subjects
Statistics - Computation, Statistics - Methodology, 62G05, 62G07, 62P20, 65R32, 65R30, F.2.1, G.4, G.1.6, G.1
Abstract

We present $\textbf{PyRMLE}$, a Python module that implements Regularized Maximum Likelihood Estimation for the analysis of Random Coefficient models. $\textbf{PyRMLE}$ is simple to use and readily works with data formats that are typical to Random Coefficient problems. The module makes use of Python's scientific libraries $\textbf{NumPy}$ and $\textbf{SciPy}$ for computational efficiency. The main implementation of the algorithm is executed purely in Python code which takes advantage of Python's high-level features., Comment: 30 pages, 22 figures

Published
2021

5. Regularized Maximum Likelihood Estimation for the Random Coefficients Model

Author

Dunker, Fabian, Mendoza, Emil, and Reale, Marco

Subjects
Statistics - Methodology, Statistics - Applications, 62G05, 62G07, 62P20, 65R32, 65R30, F.2.1, G.1
Abstract

The random coefficients model $Y_i={\beta_0}_i+{\beta_1}_i {X_1}_i+{\beta_2}_i {X_2}_i+\ldots+{\beta_d}_i {X_d}_i$, with $\mathbf{X}_i$, $Y_i$, $\mathbf{\beta}_i$ i.i.d, and $\mathbf{\beta}_i$ independent of $X_i$ is often used to capture unobserved heterogeneity in a population. We propose a quasi-maximum likelihood method to estimate the joint density distribution of the random coefficient model. This method implicitly involves the inversion of the Radon transformation in order to reconstruct the joint distribution, and hence is an inverse problem. Nonparametric estimation for the joint density of $\mathbf{\beta}_i=({\beta_0}_i,\ldots, {\beta_d}_i)$ based on kernel methods or Fourier inversion have been proposed in recent years. Most of these methods assume a heavy tailed design density $f_\mathbf{X}$. To add stability to the solution, we apply regularization methods. We analyze the convergence of the method without assuming heavy tails for $f_\mathbf{X}$ and illustrate performance by applying the method on simulated and real data. To add stability to the solution, we apply a Tikhonov-type regularization method., Comment: 23 Pages, 13 figures

Published
2021

14. Frequency Domain

Author

Chan, Felix, Reale, Marco, Baltagi, Badi, Series Editor, Hong, Yongmiao, Series Editor, Koop, Gary, Series Editor, Krämer, Walter, Series Editor, Matyas, Laszlo, Series Editor, and Fuleky, Peter, editor

Published
2020
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17. Identifying priority areas for spatial management of mixed fisheries using ensemble of multi‐species distribution models

Author

Panzeri, Diego, primary, Russo, Tommaso, additional, Arneri, Enrico, additional, Carlucci, Roberto, additional, Cossarini, Gianpiero, additional, Isajlović, Igor, additional, Krstulović Šifner, Svjetlana, additional, Manfredi, Chiara, additional, Masnadi, Francesco, additional, Reale, Marco, additional, Scarcella, Giuseppe, additional, Solidoro, Cosimo, additional, Spedicato, Maria Teresa, additional, Vrgoč, Nedo, additional, Zupa, Walter, additional, and Libralato, Simone, additional

Published
2023
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18. Anomalous 2022 deep water formation and intense phytoplankton bloom in the Cretan area

Author

Teruzzi, Anna, primary, Aydogdu, Ali, additional, Amadio, Carolina, additional, Clementi, Emanuela, additional, Colella, Simone, additional, Di Biagio, Valeria, additional, Drudi, Massimiliano, additional, Fanelli, Claudia, additional, Feudale, Laura, additional, Grandi, Alessandro, additional, Miraglio, Pietro, additional, Pisano, Andrea, additional, Pistoia, Jenny, additional, Reale, Marco, additional, Salon, Stefano, additional, Volpe, Gianluca, additional, and Cossarini, Gianpiero, additional

Published
2023
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20. Estimators for Long Range Dependence: An Empirical Study

Author

Rea, William, Oxley, Les, Reale, Marco, and Brown, Jennifer

Subjects
Statistics - Methodology
Abstract

We present the results of a simulation study into the properties of 12 different estimators of the Hurst parameter, $H$, or the fractional integration parameter, $d$, in long memory time series. We compare and contrast their performance on simulated Fractional Gaussian Noises and fractionally integrated series with lengths between 100 and 10,000 data points and $H$ values between 0.55 and 0.90 or $d$ values between 0.05 and 0.40. We apply all 12 estimators to the Campito Mountain data and estimate the accuracy of their estimates using the Beran goodness of fit test for long memory time series. MCS code: 37M10, Comment: Submitted to the Electronic Journal of Statistics (http://www.i-journals.org/ejs/) by the Institute of Mathematical Statistics (http://www.imstat.org)

Published
2009

21. Identifying priority areas for spatial management of mixed fisheries using ensemble of multi‐species distribution models.

Author

Panzeri, Diego, Russo, Tommaso, Arneri, Enrico, Carlucci, Roberto, Cossarini, Gianpiero, Isajlović, Igor, Krstulović Šifner, Svjetlana, Manfredi, Chiara, Masnadi, Francesco, Reale, Marco, Scarcella, Giuseppe, Solidoro, Cosimo, Spedicato, Maria Teresa, Vrgoč, Nedo, Zupa, Walter, and Libralato, Simone

Subjects
FISHERY management, DREDGING (Fisheries), SPECIES distribution, TRAWLING, RANDOM forest algorithms
Abstract

Spatial fisheries management is widely used to reduce overfishing, rebuild stocks, and protect biodiversity. However, the effectiveness and optimization of spatial measures depend on accurately identifying ecologically meaningful areas, which can be difficult in mixed fisheries. To apply a method generally to a range of target species, we developed an ensemble of species distribution models (e‐SDM) that combines general additive models, generalized linear mixed models, random forest, and gradient‐boosting machine methods in a training and testing protocol. The e‐SDM was used to integrate density indices from two scientific bottom trawl surveys with the geopositional data, relevant oceanographic variables from the three‐dimensional physical‐biogeochemical operational model, and fishing effort from the vessel monitoring system. The determined best distributions for juveniles and adults are used to determine hot spots of aggregation based on single or multiple target species. We applied e‐SDM to juvenile and adult stages of 10 marine demersal species representing 60% of the total demersal landings in the central areas of the Mediterranean Sea. Using the e‐SDM results, hot spots of aggregation and grounds potentially more selective were identified for each species and for the target species group of otter trawl and beam trawl fisheries. The results confirm the ecological appropriateness of existing fishery restriction areas and support the identification of locations for new spatial management measures. [ABSTRACT FROM AUTHOR]

Published
2024
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24. A composite approach to produce reference datasets for extratropical cyclone tracks: application to Mediterranean cyclones

Author

Flaounas, Emmanouil, primary, Aragão, Leonardo, additional, Bernini, Lisa, additional, Dafis, Stavros, additional, Doiteau, Benjamin, additional, Flocas, Helena, additional, Gray, Suzanne L., additional, Karwat, Alexia, additional, Kouroutzoglou, John, additional, Lionello, Piero, additional, Miglietta, Mario Marcello, additional, Pantillon, Florian, additional, Pasquero, Claudia, additional, Patlakas, Platon, additional, Picornell, María Ángeles, additional, Porcù, Federico, additional, Priestley, Matthew D. K., additional, Reale, Marco, additional, Roberts, Malcolm J., additional, Saaroni, Hadas, additional, Sandler, Dor, additional, Scoccimarro, Enrico, additional, Sprenger, Michael, additional, and Ziv, Baruch, additional

Published
2023
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27. A composite approach to produce reference datasets for extratropical cyclone tracks: application to Mediterranean cyclones

Author

Flaounas, E, Aragão, L, Bernini, L, Dafis, S, Doiteau, B, Flocas, H, Gray, S, Karwat, A, Kouroutzoglou, J, Lionello, P, Miglietta, M, Pantillon, F, Pasquero, C, Patlakas, P, Picornell, M, Porcù, F, Priestley, M, Reale, M, Roberts, M, Saaroni, H, Sandler, D, Scoccimarro, E, Sprenger, M, Ziv, B, Flaounas, Emmanouil, Aragão, Leonardo, Bernini, Lisa, Dafis, Stavros, Doiteau, Benjamin, Flocas, Helena, Gray, Suzanne L., Karwat, Alexia, Kouroutzoglou, John, Lionello, Piero, Miglietta, Mario Marcello, Pantillon, Florian, Pasquero, Claudia, Patlakas, Platon, Picornell, María Ángeles, Porcù, Federico, Priestley, Matthew D. K., Reale, Marco, Roberts, Malcolm J., Saaroni, Hadas, Sandler, Dor, Scoccimarro, Enrico, Sprenger, Michael, Ziv, Baruch, Flaounas, E, Aragão, L, Bernini, L, Dafis, S, Doiteau, B, Flocas, H, Gray, S, Karwat, A, Kouroutzoglou, J, Lionello, P, Miglietta, M, Pantillon, F, Pasquero, C, Patlakas, P, Picornell, M, Porcù, F, Priestley, M, Reale, M, Roberts, M, Saaroni, H, Sandler, D, Scoccimarro, E, Sprenger, M, Ziv, B, Flaounas, Emmanouil, Aragão, Leonardo, Bernini, Lisa, Dafis, Stavros, Doiteau, Benjamin, Flocas, Helena, Gray, Suzanne L., Karwat, Alexia, Kouroutzoglou, John, Lionello, Piero, Miglietta, Mario Marcello, Pantillon, Florian, Pasquero, Claudia, Patlakas, Platon, Picornell, María Ángeles, Porcù, Federico, Priestley, Matthew D. K., Reale, Marco, Roberts, Malcolm J., Saaroni, Hadas, Sandler, Dor, Scoccimarro, Enrico, Sprenger, Michael, and Ziv, Baruch

Abstract

Many cyclone detection and tracking methods (CDTMs) have been developed in the past to study the climatology of extratropical cyclones. However, all CDTMs have different approaches in defining and tracking cyclone centers. This naturally leads to cyclone track climatologies with inconsistent physical characteristics. More than that, it is typical for CDTMs to produce a non-negligible number of tracks of weak atmospheric features, which do not correspond to large-scale or mesoscale vortices and can differ significantly between CDTMs. Lack of consensus in CDTM outputs and the inclusion of significant numbers of uncertain tracks therein have long prohibited the production of a commonly accepted reference dataset of extratropical cyclone tracks. Such a dataset could allow comparable results on the analysis of storm track climatologies and could also contribute to the evaluation and improvement of CDTMs. To cover this gap, we present a new methodological approach that combines overlapping tracks from different CDTMs and produces composite tracks that concentrate the agreement of more than one CDTM. In this study we apply this methodology to the outputs of 10 well-established CDTMs which were originally applied to ERA5 reanalysis in the 42-year period of 1979-2020. We tested the sensitivity of our results to the spatiotemporal criteria that identify overlapping cyclone tracks, and for benchmarking reasons, we produced five reference datasets of subjectively tracked cyclones. Results show that climatological numbers of composite tracks are substantially lower than the ones of individual CDTMs, while benchmarking scores remain high (i.e., counting the number of subjectively tracked cyclones captured by the composite tracks). Our results show that composite tracks tend to describe more intense and longer-lasting cyclones with more distinguished early, mature and decay stages than the cyclone tracks produced by individual CDTMs. Ranking the composite tracks according to their

Published
2023

29. Citizen science project to monitor wildlife: a first census of wintering Booted Eagle Hieraaetus pennatus in Sicily

Author

Surdo, Salvatore, Galasso, Paolo, Cusimano, Camillo, Reale, Marco, Zafarana, Manuel Andrea, Surdo, Salvatore, Galasso, Paolo, Cusimano, Camillo, Reale, Marco, and Zafarana, Manuel Andrea

Subjects
Settore BIO/05 - Zoologia, Citizen science, counting, raptors, wintering popula- tion
Abstract

Citizen science can represent an effective tool for large- scale data collection and can be used to improve scientific knowledge and define species distribution ranges before proper planning of related conservation strategies. A regional census of wintering Booted Eagle Hieraaetus pennatus in Sicily, never achieved before, was organized by GAM (Gruppo Aquila Minore - Booted Eagle Group) on 12 Janu- ary 2020, involving 90 people from several organizations. A total of 112 wintering individuals have been recorded for the whole region, col- lecting related data about their colour morph, habitat preference and altitude. A regional estimate of 180-220 wintering individuals was cal- culated, also considering previous data collected during counts carried out in some selected sample areas during December 2019 and January 2020.

Published
2022

36. Supplementary material to "A composite approach to produce reference datasets for extratropical cyclone tracks: Application to Mediterranean cyclones"

Author

Flaounas, Emmanouil, primary, Aragão, Leonardo, additional, Bernini, Lisa, additional, Dafis, Stavros, additional, Doiteau, Benjamin, additional, Flocas, Helena, additional, L. Gray, Suzanne, additional, Karwat, Alexia, additional, Kouroutzoglou, John, additional, Lionello, Piero, additional, Pantillon, Florian, additional, Pasquero, Claudia, additional, Patlakas, Platon, additional, Picornell, Maria Angels, additional, Porcù, Federico, additional, D. K. Priestley, Matthew, additional, Reale, Marco, additional, Roberts, Malcolm, additional, Saaroni, Hadas, additional, Sandler, Dor, additional, Scoccimarro, Enrico, additional, Sprenger, Michael, additional, and Ziv, Baruch, additional

Published
2023
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40. Med-CORDEX-CMIP6 Data Request: Atm variables

Author

Reale, Marco

Subjects
Atmosphere, RCM, Cordex, Mediterranean, Variables list
Abstract

This file describes the list of output variables to be provided for the ATMrealm for the RCM simulations of the Med-CORDEX-CMIP6 initiative

Published
2022
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41. Synthesis and the Assessment of Adaptation Measures

Author

Goodess, Clare M., Agnew, Maureen D., Hemming, Debbie, Giannakopoulos, Christos, Bindi, Marco, Dibari, Camilla, El-Askary, Hesham, El-Fadel, Mutasem, El-Hattab, Mamdouh, El-Raey, Mohamed, Ferrise, Roberto, Grünzweig, José M., Harzallah, Ali, Kanas, Dina, Lionello, Piero, Aranda, César Mösso, Oweis, Theib, Sierra, Joan Pau, Reale, Marco, Sánchez-Arcilla, Agustín, Senouci, Mohamed, Sommer, Rolf, Tanzarella, Annalisa, Navarra, Antonio, editor, and Tubiana, Laurence, editor

Published
2013
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42. Integration of the Climate Impact Assessments with Future Projections

Author

Goodess, Clare M., Agnew, Maureen D., Giannakopoulos, Christos, Hemming, Debbie, Salem, Skander Ben, Bindi, Marco, Bradai, Mohamed Nejmeddine, Congedi, Letizia, Dibari, Camilla, El-Askary, Hesham, El-Fadel, Mutasem, El-Raey, Mohamed, Ferrise, Roberto, Founda, Dimitra, Grünzweig, José M., Harzallah, Ali, Hatzaki, Maria, Kay, Gillian, Lionello, Piero, Aranda, César Mösso, Oweis, Theib, Sierra, Joan Pau, Psiloglou, Basil, Reale, Marco, Sánchez-Arcilla, Agustín, Senouci, Mohamed, Tanzarella, Annalisa, Varotsos, Konstantinos V., Navarra, Antonio, editor, and Tubiana, Laurence, editor

Published
2013
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43. Climate Impact Assessments

Author

Hemming, Debbie, Agnew, Maureen D., Goodess, Clare M., Giannakopoulos, Christos, Salem, Skander Ben, Bindi, Marco, Bradai, Mohamed Nejmeddine, Congedi, Letizia, Dibari, Camilla, El-Askary, Hesham, El-Fadel, Mutasem, El-Raey, Mohamed, Ferrise, Roberto, Grünzweig, José M., Harzallah, Ali, Hattour, Abdallah, Hatzaki, Maria, Kanas, Dina, Lionello, Piero, McCarthy, Mark, Aranda, César Mösso, Oweis, Theib, Sierra, Joan Pau, Psiloglou, Basil, Reale, Marco, Sánchez-Arcilla, Agustín, Senouci, Mohamed, Tanzarella, Annalisa, Navarra, Antonio, editor, and Tubiana, Laurence, editor

Published
2013
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44. Introduction

Author

Agnew, Maureen D., Goodess, Clare M., Hemming, Debbie, Giannakopoulos, Christos, Salem, Skander Ben, Bindi, Marco, Bradai, Mohamed Nejmeddine, Congedi, Letizia, Dibari, Camilla, El-Askary, Hesham, El-Fadel, Mutasem, Ferrise, Roberto, Grünzweig, José M., Harzallah, Ali, Hattour, Abdallah, Hatzaki, Maria, Kanas, Dina, Kostopoulou, Effie, Lionello, Piero, Oweis, Theib, Pino, Cosimo, Reale, Marco, Sánchez-Arcilla, Agustín, Senouci, Mohamed, Navarra, Antonio, editor, and Tubiana, Laurence, editor

Published
2013
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47. Assessment of the RegCM4-CORDEX-CORE performance in simulating cyclones affecting the western coast of South America

Author

Crespo, Natália Machado, primary, Reboita, Michelle Simões, additional, Gozzo, Luiz Felippe, additional, de Jesus, Eduardo Marcos, additional, Torres-Alavez, José Abraham, additional, Lagos-Zúñiga, Miguel Ángel, additional, Torrez-Rodriguez, Limbert, additional, Reale, Marco, additional, and da Rocha, Rosmeri Porfírio, additional

Published
2022
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49. IMILAST : A Community Effort to Intercompare Extratropical Cyclone Detection and Tracking Algorithms

Author

Neu, Urs, Akperov, Mirseid G., Bellenbaum, Nina, Benestad, Rasmus, Blender, Richard, Caballero, Rodrigo, Cocozza, Angela, Dacre, Helen F., Feng, Yang, Fraedrich, Klaus, Grieger, Jens, Gulev, Sergey, Hanley, John, Hewson, Tim, Inatsu, Masaru, Keay, Kevin, Kew, Sarah F., Kindem, Ina, Leckebusch, Gregor C., Liberato, Margarida L. R., Lionello, Piero, Mokhov, Igor I., Pinto, Joaquim G., Raible, Christoph C., Reale, Marco, Rudeva, Irina, Schuster, Mareike, Simmonds, Ian, Sinclair, Mark, Sprenger, Michael, Tilinina, Natalia D., Trigo, Isabel F., Ulbrich, Sven, Ulbrich, Uwe, Wang, Xiaolan L., and Wernli, Heini

Published
2013

50. SUPPLEMENT : IMILAST A Community Effort to Intercompare Extratropical Cyclone Detection and Tracking Algorithms

Author

Neu, Urs, Akperov, Mirseid G., Bellenbaum, Nina, Benestad, Rasmus, Blender, Richard, Caballero, Rodrigo, Cocozza, Angela, Dacre, Helen F., Feng, Yang, Fraedrich, Klaus, Grieger, Jens, Gulev, Sergey, Hanley, John, Hewson, Tim, Inatsu, Masaru, Keay, Kevin, Kew, Sarah F., Kindem, Ina, Leckebusch, Gregor C., Liberato, Margarida L. R., Lionello, Piero, Mokhov, Igor I., Pinto, Joaquim G., Raible, Christoph C., Reale, Marco, Rudeva, Irina, Schuster, Mareike, Simmonds, Ian, Sinclair, Mark, Sprenger, Michael, Tilinina, Natalia D., Trigo, Isabel F., Ulbrich, Sven, Ulbrich, Uwe, Wang, Xiaolan L., and Wernli, Heini

Published
2013

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