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The problem of an arbitrary truncated Levy flight description using the method of cumulant approach has been solved. The set of cumulants of the truncated Levy distribution given the assumption of arbitrary truncation has been found. The…

Statistical Finance · Quantitative Finance 2010-10-25 Dmitry V. Vinogradov

This paper deals with the large deviations behavior of a stochastic process called thinned Levy process. This process appeared recently as a stochastic-process limit in the context of critical inhomogeneous random graphs. The process has a…

Probability · Mathematics 2014-04-08 Elie Aidekon , Remco van der Hofstad , Sandra Kliem , Johan S. H. van Leeuwaarden

We present an analytical technique to compute the probability of rare events in which the largest eigenvalue of a random matrix is atypically large (i.e.\ the right tail of its large deviations). The results also transfer to the left tail…

Statistical Mechanics · Physics 2021-05-26 Antoine Maillard

It is known that large deviations of sums of subexponential random variables are most likely realised by deviations of a single random variable. In this article we give a detailed picture of how subexponential random variables are…

Probability · Mathematics 2013-06-25 Inés Armendáriz , Michail Loulakis

A new transient regime in the relaxation towards absolute equilibrium of the conservative and time-reversible 3-D Euler equation with high-wavenumber spectral truncation is characterized. Large-scale dissipative effects, caused by the…

Chaotic Dynamics · Physics 2009-11-10 C. Cichowlas , P. Bonaiti , F. Debbasch , M. Brachet

Invariant ensembles of random matrices are characterized by the distribution of their eigenvalues $\{\lambda_1,\cdots,\lambda_N\}$. We study the distribution of truncated linear statistics of the form $\tilde{L}=\sum_{i=1}^p f(\lambda_i)$…

Statistical Mechanics · Physics 2017-05-23 Aurélien Grabsch , Satya N. Majumdar , Christophe Texier

We study the problem of factor modelling vector- and tensor-valued time series in the presence of heavy tails in the data, which produce extreme observations with non-negligible probability. We propose to combine a two-step procedure for…

Methodology · Statistics 2025-09-08 Matteo Barigozzi , Haeran Cho , Hyeyoung Maeng

We attempt to bring some modest unity to three subareas of heavy tail analysis and extreme value theory: limit laws for componentwise maxima of iid random variables;hidden regular variation and asymptotic independence;conditioned limit laws…

Probability · Mathematics 2009-09-29 Sidney I. Resnick

The large deviations of an infinite moving average process with exponentially light tails are very similar to those of an i.i.d. sequence as long as the coefficients decay fast enough. If they do not, the large deviations change…

Probability · Mathematics 2008-02-26 Souvik Ghosh , Gennady Samorodnitsky

In a general class of one dimensional random differential equation the convergence of the distribution function of the solution to stationary state distribution is studied. In particular it is proved the boundedness respectively the…

Probability · Mathematics 2010-07-07 Gyorgy Steinbrecher , Xavier Garbet , Boris Weyssow

We study cluster sizes in supercritical $d$-dimensional inhomogeneous percolation models with long-range edges -- such as long-range percolation -- and/or heavy-tailed degree distributions -- such as geometric inhomogeneous random graphs…

Probability · Mathematics 2025-11-12 Joost Jorritsma , Júlia Komjáthy , Dieter Mitsche

Small random perturbations may have a dramatic impact on the long time evolution of dynamical systems, and large deviation theory is often the right theoretical framework to understand these effects. At the core of the theory lies the…

Numerical Analysis · Mathematics 2017-10-11 Tobias Grafke , Tobias Schaefer , Eric Vanden-Eijnden

The tail behavior of aggregates of heavy-tailed random vectors is known to be determined by the so-called principle of "one large jump'', be it for finite sums, random sums, or, L\'evy processes. We establish that, in fact, a more general…

Probability · Mathematics 2023-01-26 Bikramjit Das , Vicky Fasen-Hartmann

In this paper we introduce and study several multivariate, heavy-tailed distribution classes, and we explore their closure properties and their applications. We consider the class of multivariate, positively decreasing distributions, and…

Probability · Mathematics 2026-04-28 Dimitrios G. Konstantinides , Charalampos D. Passalidis

A method of truncating the large shell model basis is outlined. It relies on the order given by the unperturbed energies of the basis states and on the constancy of their spreading widths. Both quantities can be calculated by a simple…

Nuclear Theory · Physics 2009-09-25 Mihai Horoi , B. Alex Brown , Vladimir Zelevinsky

We offer a survey of recent results on covariance estimation for heavy-tailed distributions. By unifying ideas scattered in the literature, we propose user-friendly methods that facilitate practical implementation. Specifically, we…

Methodology · Statistics 2019-03-12 Yuan Ke , Stanislav Minsker , Zhao Ren , Qiang Sun , Wen-Xin Zhou

In this paper, we obtain some results on precise large deviations for non-random and random sums of widely dependent random variables with common dominatedly varying tail distribution or consistently varying tail distribution on…

Probability · Mathematics 2021-06-14 Zhaolei Cui , Yuebao Wang

A perturbative approach is used to derive approximations of arbitrary order to estimate high percentiles of sums of positive independent random variables that exhibit heavy tails. Closed-form expressions for the successive approximations…

Applications · Statistics 2015-03-20 Lorenzo Hernández , Jorge Tejero , Alberto Suárez , Santiago Carrillo-Menéndez

Existing theory for multivariate extreme values focuses upon characterizations of the distributional tails when all components of a random vector, standardized to identical margins, grow at the same rate. In this paper, we consider the…

Statistics Theory · Mathematics 2013-12-20 J. L. Wadsworth , J. A. Tawn

The probability that the sum of independent, centered, identically distributed, heavy-tailed random variables achieves a very large value is asymptotically equal to the probability that there exists a single summand equalling that value. We…

Probability · Mathematics 2024-02-15 Quirin Vogel