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Recently some papers, such as Aban, Meerschaert and Panorska (2006), Nuyts (2010) and Clark (2013), have drawn attention to possible truncation in Pareto tail modelling. Sometimes natural upper bounds exist that truncate the probability…

Statistics Theory · Mathematics 2015-05-21 Jan Beirlant , Isabel Fraga Alves , Ivette Gomes

We establish a Berry--Esseen bound for general multivariate nonlinear statistics by developing a new multivariate-type randomized concentration inequality. The bound is the best possible for many known statistics. As applications,…

Probability · Mathematics 2021-04-02 Qi-Man Shao , Zhuo-Song Zhang

The q-Gaussians are a class of stable distributions which are present in many scientific fields, and that behave as heavy tailed distributions for an especific range of q values. The identification of these values, which are used in the…

Data Analysis, Statistics and Probability · Physics 2015-06-11 E. L de Santa Helena , C. M. Nascimento , G. J. L. Gerhardt

A novel and comprehensive methodology designed to tackle the challenges posed by extreme values in the context of random censorship is introduced. The main focus is on the analysis of integrals based on the product-limit estimator of…

Statistics Theory · Mathematics 2025-02-18 Martin Bladt , Igor Rodionov

The Negative Binomial distribution becomes highly skewed under extreme dispersion. Even at moderately large sample sizes, the sample mean exhibits a heavy right tail. The standard Normal approximation often does not provide adequate…

Methodology · Statistics 2015-03-13 David Shilane , Derek Bean

M-estimators are ubiquitous in machine learning and statistical learning theory. They are used both for defining prediction strategies and for evaluating their precision. In this paper, we propose the first non-asymptotic "any-time"…

Statistics Theory · Mathematics 2019-05-27 Victor-Emmanuel Brunel , Arnak S. Dalalyan , Nicolas Schreuder

M-estimation, aka empirical risk minimization, is at the heart of statistics and machine learning: Classification, regression, location estimation, etc. Asymptotic theory is well understood when the loss satisfies some smoothness…

Statistics Theory · Mathematics 2025-12-16 Victor-Emmanuel Brunel

The central limit theorem introduced by Stute [The central limit theorem under random censorship. Ann. Statist. 1995; 23: 422-439] does not hold for some class of heavy-tailed distributions. In this paper, we make use of the extreme value…

Statistics Theory · Mathematics 2015-07-19 Louiza Soltane , Djamel Meraghni , Abdelhakim Necir

Finite-sample upper bounds on the estimation error of a winsorized mean estimator of the population mean in the presence of heavy tails and adversarial contamination are established. In comparison to existing results, the winsorized mean…

Statistics Theory · Mathematics 2026-03-27 Anders Bredahl Kock , David Preinerstorfer

We tackle estimating sparse coefficients in a linear regression when the covariates are sampled from an $L$-subexponential random vector. This vector belongs to a class of distributions that exhibit heavier tails than Gaussian random…

Statistics Theory · Mathematics 2024-02-07 Takeyuki Sasai

Assume that one is interested in estimating an average treatment effect (ATE), equal to a weighted average of $S$ conditional average treatment effects (CATEs). One has unbiased estimators of the CATEs. One could just average the CATE…

Econometrics · Economics 2025-11-11 Clément de Chaisemartin

Estimating mutual information between continuous random variables is often intractable and extremely challenging for high-dimensional data. Recent progress has leveraged neural networks to optimize variational lower bounds on mutual…

Machine Learning · Computer Science 2020-12-01 Ruizhi Liao , Daniel Moyer , Polina Golland , William M. Wells

We consider inference on a scalar regression coefficient under a constraint on the magnitude of the control coefficients. A class of estimators based on a regularized propensity score regression is shown to exactly solve a tradeoff between…

Econometrics · Economics 2023-08-11 Timothy B. Armstrong , Michal Kolesár , Soonwoo Kwon

A continuous-time regression model with a jointly strictly sub-Gaussian random noise is considered in the paper. Upper exponential bounds for probabilities of large deviations of the least squares estimator for the regression parameter are…

Probability · Mathematics 2018-06-12 Alexander V. Ivanov , Igor V. Orlovskyi

Ewens-Pitman model has been successfully applied to various fields including Bayesian statistics. There are four important estimators $K_{n},M_{l,n}$,$K_{m}^{(n)},M_{l,m}^{(n)}$. In particular, $M_{1,n}, M_{1,m}^{(n)}$ are related to…

Probability · Mathematics 2018-11-20 Youzhou Zhou

We consider a class of M-estimators of the parameters of a GARCH (p,q) model. These estimators involve score functions and, for adequate choices of the score functions, are asymptotically normal under milder moment assumptions than the…

Methodology · Statistics 2022-07-13 Marc Hallin , Hang Liu , Kanchan Mukherjee

Kurtosis is seen as a measure of the discrepancy between the observed data and a Gaussian distribution and is defined when the 4th moment is finite. In this work an empirical study is conducted to investigate the behaviour of the sample…

Statistical Finance · Quantitative Finance 2018-11-06 J. Martin van Zyl

We consider the problem of estimating the mean of a random vector based on i.i.d. observations and adversarial contamination. We introduce a multivariate extension of the trimmed-mean estimator and show its optimal performance under minimal…

Statistics Theory · Mathematics 2020-02-25 Gabor Lugosi , Shahar Mendelson

We study the consistency of sample mean-variance portfolios of arbitrarily high dimension that are based on Bayesian or shrinkage estimation of the input parameters as well as weighted sampling. In an asymptotic setting where the number of…

Portfolio Management · Quantitative Finance 2015-05-30 Francisco Rubio , Xavier Mestre , Daniel P. Palomar

We study the asymptotic behaviour of widely used tests for evaluating and comparing predictive accuracy when forecast errors exhibit heavy tails. In particular, when loss differentials have infinite variance, the Diebold-Mariano test…

Methodology · Statistics 2026-05-20 Jonas F. Frederiksen , Muneya Matsui , Rasmus S. Pedersen