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Advanced science and technology provide a wealth of big data from different sources for extreme value analysis. Classical extreme value theory was extended to obtain an accelerated max-stable distribution family for modelling competing…

Statistics Theory · Mathematics 2024-06-25 Kaihao Hu , Kai Wang , Corina Constantinescu , Zhengjun Zhang , Chengxiu Ling

In multivariate or spatial extremes, inference for max-stable processes observed at a large collection of locations is among the most challenging problems in computational statistics, and current approaches typically rely on less expensive…

Computation · Statistics 2015-08-20 Stefano Castruccio , Raphaël Huser , Marc Genton

The last decade has seen max-stable processes emerge as a common tool for the statistical modeling of spatial extremes. However, their application is complicated due to the unavailability of the multivariate density function, and so…

Methodology · Statistics 2009-02-23 Simone A. Padoan , Mathieu Ribatet , Scott A. Sisson

We study distributional robustness in the context of Extreme Value Theory (EVT). We provide a data-driven method for estimating extreme quantiles in a manner that is robust against incorrect model assumptions underlying the application of…

Statistics Theory · Mathematics 2020-06-09 Jose Blanchet , Fei He , Karthyek R. A. Murthy

This paper considers a family of autoregressive processes with marginal distributions resembling the Cantor function. It is shown that the marginal distribution is in the domain of attraction of a max-semistable distribution. The main…

Probability · Mathematics 2024-09-02 Alef E. Sterk

We consider the representation of the value of an optimal stopping problem of a linear diffusion as an expected supremum of a known function. We establish an explicit integral representation of this function by utilizing the explicitly…

Probability · Mathematics 2015-05-08 Luis H. R. Alvarez E. , Pekka Matomäki

This paper investigates extreme value theory for processes obtained by applying transformations to stationary Gaussian processes, also called subordinated Gaussian processes. The main contributions are as follows. First, we refine the…

Probability · Mathematics 2026-05-29 Shuyang Bai , Marie-Christine Duker

This paper deals with the question of conditional sampling and prediction for the class of stationary max-stable processes which allow for a mixed moving maxima representation. We develop an exact procedure for conditional sampling using…

Probability · Mathematics 2014-03-25 Marco Oesting , Martin Schlather

Certain extremum estimators have asymptotic distributions that are non-Gaussian, yet characterizable as the distribution of the $\argmax$ of a Gaussian process. This paper presents high-level sufficient conditions under which such…

Econometrics · Economics 2025-10-24 Matias D. Cattaneo , Gregory Fletcher Cox , Michael Jansson , Kenichi Nagasawa

Superstatistics describes nonequilibrium steady states as superpositions of canonical ensembles with a probability distribution of temperatures. Rather than assume a certain distribution of temperature, recently [J. Phys. A: Math. Theor.…

Statistical Mechanics · Physics 2020-10-28 Sergio Davis

We propose and study properties of maximum likelihood estimators in the class of conditional transformation models. Based on a suitable explicit parameterisation of the unconditional or conditional transformation function, we establish a…

Methodology · Statistics 2019-10-22 Torsten Hothorn , Lisa Möst , Peter Bühlmann

For each $n\geq 1$, let $ {X_{in}, \quad i \geq 1} $ be independent copies of a nonnegative continuous stochastic process $X_{n}=(X_n(t))_{t\in T}$ indexed by a compact metric space $T$. We are interested in the process of partial maxima…

Probability · Mathematics 2011-10-07 Clément Dombry , Frédéric Eyi-Minko

In certain problems in a variety of applied probability settings (from probabilistic analysis of algorithms to statistical physics), the central requirement is to solve a recursive distributional equation of the form X =^d…

Probability · Mathematics 2007-06-13 David J. Aldous , Antar Bandyopadhyay

We study extremal statistics and return intervals in stationary long-range correlated sequences for which the underlying probability density function is bounded and uniform. The extremal statistics we consider e.g., maximum relative to…

Statistical Mechanics · Physics 2015-05-13 N. R. Moloney , J. Davidsen

A transformation of gamma max-infinitely divisible laws viz. geometric gamma max-infinitely divisible laws is considered in this paper. Some of its distributional and divisibility properties are discussed and a random time changed extremal…

Probability · Mathematics 2008-01-15 S. Satheesh , E. Sandhya

Let $W_i,i\in{\mathbb{N}}$, be independent copies of a zero-mean Gaussian process $\{W(t),t\in{\mathbb{R}}^d\}$ with stationary increments and variance $\sigma^2(t)$. Independently of $W_i$, let $\sum_{i=1}^{\infty}\delta_{U_i}$ be a…

Probability · Mathematics 2009-09-25 Zakhar Kabluchko , Martin Schlather , Laurens de Haan

We discuss how an eigenvalue perturbation formula for transfer operators of dynamical systems is related to exponential hitting time distributions and extreme value theory for processes generated by chaotic dynamical systems. We also list a…

Dynamical Systems · Mathematics 2017-01-16 Gerhard Keller

A simple expression for the non-equilibrium distribution function in ultra-fast transient processes is proposed. Postulating its dependence on temporal derivatives of the equilibrium integrals of motion, non-equilibrium analogues of the…

Statistical Mechanics · Physics 2025-02-18 K. S. Glavatskiy

Let $\{\xi_1,\xi_2,\ldots\}$ be a sequence of independent random variables, and $\eta$ be a counting random variable independent of this sequence. In addition, let $S_0:=0$ and $S_n:=\xi_1+\xi_2+\cdots+\xi_n$ for $n\geqslant1$. We consider…

Probability · Mathematics 2017-04-10 Ieva Marija Andrulytė , Martynas Manstavičius , Jonas Šiaulys

We use point processes theory to describe the asymptotic distribution of all upper order statistics for observations collected at renewal times. As a corollary, we obtain limiting theorems for corresponding extremal processes.

Probability · Mathematics 2016-08-08 Bojan Basrak , Drago Špoljarić