Degraded documents are frequently obtained in various situations. Examples of degraded document collections include historical document depositories, document obtained in legal and security investigations, and legal and medical archives. Degraded document images are hard to to read and are hard to analyze using computerized techniques. There is hence a need for systems that are capable of enhan...

We present an interactive method to restore severely damaged historical parchments. When damaged by heat in a fire, such manuscripts undergo a complex deformation and contain various geometric distortions such as wrinkling, buckling, and shrinking, rendering them nearly illegible. They cannot be physically flattened due to the risk of further damage. We propose a virtual restoration framework t...

Historical documents contain facts that family history enthusiasts are interested in extracting. In addition to fact extraction, organizing these facts into disambiguated entity records is also of interest. This paper shows how facts from an excerpt of a page in an OCRed book can be gathered automatically with some expert knowledge.

Filtered historical simulation provides the general framework to our backtests of portfolios of derivative securities held by a large sample of financial institutions. We allow for stochastic volatility and exchange rates. Correlations are preserved implicitly by our simulation procedure. Options are repriced at each node. Overall results support the adequacy of our framework, but our VaR numbe...

This study looks at the historical reliability of the agent-based model of the global energy system. We present a mathematical framework for the agent-based model calibration and sensitivity analysis based on historical observations. Simulation consistency with the historical record is measured as a distance between two vectors of data points and inference on parameter values is done from the p...

Climate change assessments often inadequately address uncertainty when estimating damages. Using a dynamic economy-wide model of Bangladesh, we estimate and decompose damages from historical climate variability and future anthropogenic climate change. Our stochastic simulation approach avoids biases caused by non-linear damage functions and fixed occurrences of extreme events in historical data...

Although historical studies are frequently perceived as clear narratives defined by a series of fixed events; in reality, even where critical historical events may be identified, historic documentation frequently lacks corroborative detail to support verifiable interpretation. Consequently, interpretation rarely rises above the level of unproven assertion and is rarely tested against a range of...

Static estimation treats variation in the dependent data as noise, or error. In simulations using agent-based models, however — especially with dynamic responses — such variation in the simulated output may well possess valuable information from the simulation. This paper will explore previous methods of estimating simulation models (such as indirect inference, the method of simulated moments, ...