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Max-stable processes have proved to be useful for the statistical modelling of spatial extremes. Several representations of max-stable random fields have been proposed in the literature. For statistical inference it is often assumed that…

Methodology · Statistics 2011-07-25 Richard A. Davis , Claudia Klüppelberg , Christina Steinkohl

This paper considers estimation of large dynamic factor models with common and idiosyncratic trends by means of the Expectation Maximization algorithm, implemented jointly with the Kalman smoother. We show that, as the cross-sectional…

Econometrics · Economics 2019-10-23 Matteo Barigozzi , Matteo Luciani

Max-stable processes have proved to be useful for the statistical modelling of spatial extremes. Several representations of max-stable random fields have been proposed in the literature. One such representation is based on a limit of…

Methodology · Statistics 2012-04-26 Richard A. Davis , Claudia Klüppelberg , Christina Steinkohl

For a strictly stationary sequence of $\mathbb{R}_{+}^{d}$--valued random vectors we derive functional convergence of partial maxima stochastic processes under joint regular variation and weak dependence conditions. The limit process is an…

Probability · Mathematics 2016-07-14 Danijel Krizmanić

The aim of this paper is to provide models for spatial extremes in the case of stationarity. The spatial dependence at extreme levels of a stationary process is modeled using an extension of the theory of max-stable processes of de Haan and…

Statistics Theory · Mathematics 2007-06-13 Laurens de Haan , Teresa T. Pereira

Maximizing monotone submodular functions under cardinality constraints is a classic optimization task with several applications in data mining and machine learning. In this paper we study this problem in a dynamic environment with…

Data Structures and Algorithms · Computer Science 2024-05-31 Paul Dütting , Federico Fusco , Silvio Lattanzi , Ashkan Norouzi-Fard , Morteza Zadimoghaddam

For a strictly stationary sequence of nonnegative regularly varying random variables $(X_{n})$ we study functional weak convergence of partial maxima processes $M_{n}(t) = \bigvee_{i=1}^{\lfloor nt \rfloor}X_{i},\,t \in [0,1]$ in the space…

Probability · Mathematics 2015-12-16 Danijel Krizmanić

In this article, we study the maximal displacement of critical branching random walk in random environment. Let $M_n$ be the maximal displacement of a particle in generation $n$, and $Z_n$ be the total population in generation $n$, $M$ be…

Probability · Mathematics 2025-03-21 Wenxin Fu , Wenming Hong

We construct and describe the extremal process for variable speed branching Brownian motion, studied recently by Fang and Zeitouni, for the case of piecewise constant speeds; in fact for simplicity we concentrate on the case when the speed…

Probability · Mathematics 2013-12-19 Anton Bovier , Lisa Hartung

We develop classification results for max--stable processes, based on their spectral representations. The structure of max--linear isometries and minimal spectral representations play important roles. We propose a general classification…

Probability · Mathematics 2009-09-18 Yizao Wang , Stilian A. Stoev

Quantifying changes in the probability and magnitude of extreme flooding events is key to mitigating their impacts. While hydrodynamic data are inherently spatially dependent, traditional spatial models such as Gaussian processes are poorly…

Methodology · Statistics 2024-05-06 Reetam Majumder , Brian J. Reich , Benjamin A. Shaby

The asymptotic results that underlie applications of extreme random fields often assume that the variables are located on a regular discrete grid, identified with $\mathbb{Z}^2$, and that they satisfy stationarity and isotropy conditions.…

Probability · Mathematics 2015-09-03 Helena Ferreira , Luísa Pereira , Ana Paula Martins

Stochastic processes find applications in modelling systems in a variety of disciplines. A large number of stochastic models considered are Markovian in nature. It is often observed that higher order Markov processes can model the data…

Probability · Mathematics 2021-04-13 Suryadeepto Nag

Consider a critical Galton-Watson process Z={Z_n: n=0,1,...} of index 1+alpha, alpha in (0,1]. Let S_k(j) denote the sum of the Z_n with n in the window [k,...,k+j), and M_m(j) the maximum of the S_k with k moving in [0,m-j]. We describe…

Probability · Mathematics 2007-05-23 Klaus Fleischmann , Vladimir A. Vatutin , Vitali Wachtel

This paper derives new maximal inequalities for empirical processes associated with separately exchangeable random arrays. For fixed index dimension $K\ge 1$, we establish a global maximal inequality bounding the $q$-th moment…

Econometrics · Economics 2025-03-12 Harold D. Chiang

Parametric max-stable processes are increasingly used to model spatial extremes. Starting from the fact that the dependence structure of a max-stable process is completely characterized by an extreme-value copula, a class of goodness-of-fit…

Methodology · Statistics 2015-02-27 Ivan Kojadinovic , Hongwei Shang , Jun Yan

Max-stable random fields provide canonical models for the dependence of multivariate extremes. Inference with such models has been challenging due to the lack of tractable likelihoods. In contrast, the finite dimensional cumulative…

Methodology · Statistics 2013-07-30 Robert A. Yuen , Stilian Stoev

We consider a stochastic process model with time trend and measurement error. We establish consistency and derive the limiting distributions of the maximum likelihood (ML) estimators of the covariance function parameters under a general…

Statistics Theory · Mathematics 2016-09-29 Chih-Hao Chang , Hsin-Cheng Huang , Ching-Kang Ing

Under an appropriate regular variation condition, the affinely normalized partial sums of a sequence of independent and identically distributed random variables converges weakly to a non-Gaussian stable random variable. A functional version…

Probability · Mathematics 2012-10-12 Bojan Basrak , Danijel Krizmanić , Johan Segers

For Markov processes over discrete configurations, an asymptotic bound on the uncertainty of stochastic fluxes is derived in terms of the harmonic mean of decay rates with respect to the stationary distribution. This bound is necessarily…

Statistical Mechanics · Physics 2024-07-16 Katarzyna Macieszczak