Economic Policy Uncertainty (EPU) is a critical indicator in economic studies, while it can be used to forecast a recession. Under higher levels of uncertainty, firms' owners cut their investment, which leads to a longer post-recession recovery. EPU...
The thermodynamics and kinetics of a nonequilibrium classical system fundamentally constrain the precision of an observable regarding the celebrated thermodynamic uncertainty relation (TUR) and the kinetic uncertainty relation (KUR). They have been e...
Slippery road conditions pose significant challenges for autonomous driving. Beyond predicting road grip, it is crucial to estimate its uncertainty reliably to ensure safe vehicle control. In this work, we benchmark several uncertainty prediction met...
Time-reversal symmetry plays an essential role in the thermodynamic uncertainty relation, which bound the fluctuations of observables in terms of the associated dissipation. In fact, thermodynamic uncertainty relations are typically derived under the...
This paper presents a novel analysis of two feed-in tariffs (FIT) under market and regulatory uncertainty, namely a sliding premium with cap and floor and a minimum price guarantee. Regulatory uncertainty is modeled with a Poisson process, whereby a...
Accurate uncertainty quantification is critical for reliable predictive modeling. Existing methods typically address either aleatoric uncertainty due to measurement noise or epistemic uncertainty resulting from limited data, but not both in a balance...
Determining the measurement uncertainty region is a difficult problem for generic sets of observables. For this reason the literature on exact measurement uncertainty regions is focused on symmetric sets of observables, where the symmetries are used...
This book chapter introduces the principles and practical applications of uncertainty quantification in machine learning. It explains how to identify and distinguish between different types of uncertainty and presents methods for quantifying uncertai...
Uncertainty can be classified as either aleatoric (intrinsic randomness) or epistemic (imperfect knowledge of parameters). The majority of frameworks assessing infectious disease risk consider only epistemic uncertainty. We only ever observe a single...
This paper investigates measurement uncertainty in a Reverberation Chamber (RC) within the lower FR2 bands (24.25-29.5 GHz). The study focuses on the impact of several factors contributing to RC measurement uncertainty, including finite sample size,...
Recently, Maccone and Pati [Phys. Rev. Lett. {\bf 113}, 260401 (2014)] derived few inequalities among variances of incompatible operators which they called stronger uncertainty relations, stronger than Heisenberg-Robertson or Schrodinger uncertainty...
Uncertainty relation is one of the fundamental building blocks of quantum theory. Nevertheless, the traditional uncertainty relations do not fully capture the concept of incompatible observables. Here we present a stronger Schrödinger-like uncertain...
This paper addresses the limitations of standard uncertainty models, e.g., robust (norm-bounded) and stochastic (one fixed distribution, e.g., Gaussian), and proposes to model uncertainty via Optimal Transport (OT) ambiguity sets. These constitute a...
Understanding and evaluating uncertainty play a key role in decision-making. When a viewer studies a visualization that demands inference, it is necessary that uncertainty is portrayed in it. This paper showcases the importance of representing uncert...
Literature survey, paper reviews, experimental setups and a collection of implementations for baselines methods for predictive uncertainty estimation in deep learning models. (⭐ 639)
We present an automatic large language model (LLM) conversion approach that produces uncertainty-aware LLMs capable of estimating uncertainty with every prediction. Our approach is model- and data-agnostic, is computationally-efficient, and does not...
We study the dynamics of quantum memory assist entropy uncertainty for qutrit system coupled to an environment modeled by random matrices. The results show that the effect of relative coupling strength on entropy uncertainty is opposite in Markov reg...