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Related papers: Tails of multivariate Archimedean copulas

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The majority of finite mixture models suffer from not allowing asymmetric tail dependencies within components and not capturing non-elliptical clusters in clustering applications. Since vine copulas are very flexible in capturing these…

Methodology · Statistics 2021-09-09 Özge Sahin , Claudia Czado

Factor copula models for item response data are more interpretable and fit better than (truncated) vine copula models when dependence can be explained through latent variables, but are not robust to violations of conditional independence.…

Methodology · Statistics 2025-01-08 Sayed H. Kadhem , Aristidis K. Nikoloulopoulos

In [16], a new family of vector-valued risk measures called multivariate expectiles is introduced. In this paper, we focus on the asymptotic behavior of these measures in a multivariate regular variations context. For models with equivalent…

Risk Management · Quantitative Finance 2018-01-22 Véronique Maume-Deschamps , Didier Rullière , Khalil Said

We study the tail asymptotics of two functionals (the maximum and the sum of the marks) of a generic cluster in two sub-models of the marked Poisson cluster process, namely the renewal Poisson cluster process and the Hawkes process. Under…

Probability · Mathematics 2026-01-14 Fabien Baeriswyl , Valérie Chavez-Demoulin , Olivier Wintenberger

A foundational question in the theory of linear compartmental models is how to assess whether a model is structurally identifiable -- that is, whether parameter values can be inferred from noiseless data -- directly from the combinatorics…

Dynamical Systems · Mathematics 2024-02-19 Cashous Bortner , Elizabeth Gross , Nicolette Meshkat , Anne Shiu , Seth Sullivant

We study randomly stopped sums via their asymptotic scales. First, finiteness of moments is considered. To generalise this study, asymptotic scales applicable to the class of all heavy-tailed random variables are used. The stopping is…

Probability · Mathematics 2014-05-12 Jaakko Lehtomaa

We construct new multivariate copulas on the basis of a generalized infinite partition-of-unity approach. This approach allows - in contrast to finite partition-of-unity copulas - for tail-dependence as well as for asymmetry. A possibility…

Risk Management · Quantitative Finance 2020-12-17 Dietmar Pfeifer , Hervé Awoumlac Tsatedem , Andreas Mändle , Côme Girschig

We consider two independent random variables with the given tail asymptotic (e.g. power or exponential). We find tail asymptotic for their sum and product. This is done by some cumbersome but purely technical computations and requires the…

Probability · Mathematics 2013-05-09 Andrey Sarantsev

We present a method for drawing isolines indicating regions of equal joint exceedance probability for bivariate data. The method relies on bivariate regular variation, a dependence framework widely used for extremes. This framework enables…

Methodology · Statistics 2017-10-17 Daniel Cooley , Emeric Thibaud , Federico Castillo , Michael F. Wehner

Tail dependence models for distributions attracted to a max-stable law are fitted using observations above a high threshold. To cope with spatial, high-dimensional data, a rank-based M-estimator is proposed relying on bivariate margins…

Methodology · Statistics 2015-01-12 John Einmahl , Anna Kiriliouk , Andrea Krajina , Johan Segers

Regular vine distributions which constitute a flexible class of multivariate dependence models are discussed. Since multivariate copulae constructed through pair-copula decompositions were introduced to the statistical community, interest…

Methodology · Statistics 2012-11-26 Jeffrey Dissmann , Eike Christian Brechmann , Claudia Czado , Dorota Kurowicka

Classical estimators, the cornerstones of statistical inference, face insurmountable challenges when applied to important emerging classes of Archimedean copulas. These models exhibit pathological properties, including numerically unstable…

Machine Learning · Statistics 2026-02-03 Agnideep Aich

The underlying dependence structure between two random variables can be described in manifold ways. This includes the examination of certain dependence properties such as lower tail decreasingness (LTD), stochastic increasingness (SI) or…

Statistics Theory · Mathematics 2022-05-05 Sebastian Fuchs , Marco Tschimpke

By introducing the notions of living and dead nodes a new model of random tree evolution with continuous time parameter has been constructed. It is assumed that two random variables, the lifetime and the offspring number of living nodes…

Statistical Mechanics · Physics 2007-05-23 L. Pal

Real-world data often follows a long-tailed distribution, which makes the performance of existing classification algorithms degrade heavily. A key issue is that samples in tail categories fail to depict their intra-class diversity. Humans…

Computer Vision and Pattern Recognition · Computer Science 2022-02-14 Xiaohua Chen , Yucan Zhou , Dayan Wu , Wanqian Zhang , Yu Zhou , Bo Li , Weiping Wang

We introduce new estimates and tests of independence in copula models with unknown margins using $\phi$-divergences and the duality technique. The asymptotic laws of the estimates and the test statistics are established both when the…

Statistics Theory · Mathematics 2019-03-06 Salim Bouzebda , Amor Keziou

We consider a system consisting of a sequential composition of Mealy machines, called head and tail. We study two problems related to these systems. In the first problem, models of both head and tail components are available, and the aim is…

Formal Languages and Automata Theory · Computer Science 2021-10-08 Alberto Larrauri , Roderick Bloem

Tails serve various functions in both robotics and biology, including expression, grasping, and defense. The vertebrate tails associated with these functions exhibit diverse patterns of vertebral lengths, but the precise mechanisms linking…

Archimedean copulas are popular in the world of multivariate modelling as a result of their breadth, tractability, and flexibility. A. J. McNeil and J. Ne\v{s}lehov\'a (2009) showed that the class of Archimedean copulas coincides with the…

General Finance · Quantitative Finance 2012-09-19 Edward Hoyle , Levent Ali Menguturk

To disentangle the complex non-stationary dependence structure of precipitation extremes over the entire contiguous U.S., we propose a flexible local approach based on factor copula models. Our sub-asymptotic spatial modeling framework…

Applications · Statistics 2019-03-26 Daniela Castro-Camilo , Raphaël Huser