English

Robust estimations for the tail index of Weibull-type distribution

Statistics Theory 2018-10-18 v4 Statistics Theory

Abstract

Based on suitable left-truncated or censored data, two flexible classes of MM-estimations of Weibull tail coefficient are proposed with two additional parameters bounding the impact of extreme contamination. Asymptotic normality with n\sqrt {n}-rate of convergence is obtained. Its robustness is discussed via its asymptotic relative efficiency and influence function. It is further demonstrated by a small scale of simulations and an empirical study on CRIX.

Keywords

Cite

@article{arxiv.1809.01317,
  title  = {Robust estimations for the tail index of Weibull-type distribution},
  author = {Chengping Gong and Chengxiu Ling},
  journal= {arXiv preprint arXiv:1809.01317},
  year   = {2018}
}