English
Related papers

Related papers: Extreme value and record statistics in heavy-taile…

200 papers

Spatiotemporal extreme events are interesting phenomena, both from a fundamental point of view, as manifestations of complexity in dynamical systems, and for their possible applications in different research fields. Here, we present some…

Optics · Physics 2022-03-14 Cristina Rimoldi , Mansour Eslami , Franco Prati , Giovanna Tissoni

Solar flares are one of the most energetic events in the solar system, their impact on Earth at ground level and its atmosphere remains under study. The repercussions of this phenomenon in our technological infrastructure includes radio…

Solar and Stellar Astrophysics · Physics 2018-08-29 V. De la Luz , E. P. Balanzario , T. Tsiftsi

We prove limit theorems of an entirely new type for certain long memory regularly varying stationary infinitely divisible random processes. These theorems involve multiple phase transitions governed by how long the memory is. Apart from one…

Probability · Mathematics 2018-05-23 Gennady Samorodnitsky , Yizao Wang

Control of cooling and heating processes is essential in many industrial and biological processes. In fact, the time evolution of an observable quantity may differ according to the previous history of the system. For example, a system that…

Soft Condensed Matter · Physics 2019-04-12 Antonio Lasanta , Francisco Vega Reyes , Antonio Prados , Andrés Santos

Extreme value theory provides rigorous theory and statistical tools for extrapolation in machine learning, particularly in settings where traditional methods struggle due to data scarcity in the tails. A broad range of tasks benefit from…

Machine Learning · Statistics 2026-05-05 Sebastian Engelke , Nicola Gnecco , Anne Sabourin

We examine statistical pictures of violent conflicts over the last 2000 years, finding techniques for dealing with incompleteness and unreliability of historical data. We introduce a novel approach to apply extreme value theory to…

Applications · Statistics 2016-09-05 Pasquale Cirillo , Nassim Nicholas Taleb

The study of heavy-tailed distributions in economic and financial systems has been widely addressed since financial time series has become a research subject.After the eighties, several "highly improbable" market drops were observed (e.g.…

Computational Finance · Quantitative Finance 2012-02-02 João P. da Cruz , Pedro G. Lind

This work employs variational techniques to revisit and expand the construction and analysis of extreme value processes. These techniques permit a novel study of spatial statistics of the location of minimizing events. We develop integral…

Probability · Mathematics 2018-08-10 Nicolas Garcia Trillos , Ryan Murray , Daniel Sanz-Alonso

Extreme events are emergent phenomena in multi-particle transport processes on complex networks. In practice, such events could range from power blackouts to call drops in cellular networks to traffic congestion on roads. All the earlier…

Physics and Society · Physics 2020-10-27 Aanjaneya Kumar , Suman Kulkarni , M. S. Santhanam

Extreme value statistics (EVS) concerns the study of the statistics of the maximum or the minimum of a set of random variables. This is an important problem for any time-series and has applications in climate, finance, sports, all the way…

Statistical Mechanics · Physics 2020-10-12 Satya N. Majumdar , Arnab Pal , Gregory Schehr

We obtain error terms on the rate of convergence to Extreme Value Laws for a general class of weakly dependent stochastic processes. The dependence of the error terms on the `time' and `length' scales is very explicit. Specialising to data…

Dynamical Systems · Mathematics 2016-03-24 Ana Cristina Moreira Freitas , Jorge Milhazes Freitas , Mike Todd

We provide an analytic, microscopic analysis of extreme events in an adaptive population comprising competing agents (e.g. species, cells, traders, data-packets). Such large changes tend to dictate the long-term dynamical behaviour of many…

Disordered Systems and Neural Networks · Physics 2009-11-07 Paul Jefferies , David Lamper , Neil F. Johnson

We investigate the distribution and multiple occurrences of extreme events stochastic processes constructed by sampling the solution of a Stochastic Differential Equation on $\mathbb{R}^n$. We do so by studying the action of an annealead…

Dynamical Systems · Mathematics 2024-03-20 F. Flandoli , S. Galatolo , P. Giulietti , S. Vaienti

A central problem in uncertainty quantification is how to characterize the impact that our incomplete knowledge about models has on the predictions we make from them. This question naturally lends itself to a probabilistic formulation, by…

Statistical Mechanics · Physics 2018-09-03 Giovanni Dematteis , Tobias Grafke , Eric Vanden-Eijnden

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

Causal effect estimation seeks to determine the impact of an intervention from observational data. However, the existing causal inference literature primarily addresses treatment effects on frequently occurring events. But what if we are…

Machine Learning · Statistics 2025-06-18 Jiyuan Tan , Jose Blanchet , Vasilis Syrgkanis

When a spatial process is recorded over time and the observation at a given time instant is viewed as a point in a function space, the result is a time series taking values in a Banach space. To study the spatio-temporal extremal dynamics…

Probability · Mathematics 2010-01-20 Thomas Meinguet , Johan Segers

Heavy-tailed distributions are frequently used to enhance the robustness of regression and classification methods to outliers in output space. Often, however, we are confronted with "outliers" in input space, which are isolated observations…

Machine Learning · Statistics 2010-06-24 Fabian L. Wauthier , Michael I. Jordan

We establish a theory for multivariate extreme value analysis of dynamical systems. Namely, we provide conditions adapted to the dynamical setting which enable the study of dependence between extreme values of the components of…

Dynamical Systems · Mathematics 2026-01-21 Romain Aimino , Ana Cristina Moreira Freitas , Jorge Milhazes Freitas , Mike Todd

Extreme space weather events on Earth occur during intervals of strong solar wind driving. The solar wind drives plasma convection and currents in the near-Earth space environment. For low values of the driver, the Earth's response is…