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We derive in this article the asymptotic behavior as well as non-asymptotical estimates of tail of distribution for self-normalized sums of random variables (r.v.) under natural classical norming. We investigate also the case of…

Probability · Mathematics 2017-10-10 E. Ostrovsky , L. Sirota

In this paper we are concerned with a sample of asymptotically independent risks. Tail asymptotic probabilities for linear combinations of randomly weighted order statistics are approximated under various assumptions, where the individual…

Probability · Mathematics 2014-06-24 Alexandru V. Asimit , Enkelejd Hashorva , Dominik Kortschak

In this paper non-asymptotic exact exponential estimates are derived (under minimal conditions) for the tail of deviation of the MLE distribution in the so-called natural terms: natural function, natural distance, metric entropy, Banach…

Probability · Mathematics 2009-03-25 E. Ostrovsky , E. Rogover

We present explicit estimates of right and left tails and exact (up to universal, multiplicative constants) estimates of tails and moments of hitting times of Bessel processes. The latter estimates are obtained from more general estimates…

Probability · Mathematics 2021-05-12 W. M. Bednorz , R. M. Łochowski

In this paper we study the distribution tails and the moments of a condition number which arises in the study of homogeneous systems of linear inequalities. We consider the case where this system is defined by a Gaussian random matrix and…

Numerical Analysis · Mathematics 2025-10-20 Dennis Cheung , Felipe Cucker , Raphael Hauser

Let $X_{1},\ldots ,X_{n}$ be $n$ real-valued dependent random variables. With motivation from Mitra and Resnick (2009), we derive the tail asymptotic expansion for the weighted sum of order statistics $X_{1:n}\leq \cdots \leq X_{n:n}$ of…

Probability · Mathematics 2014-08-07 Enkelejd Hashorva , Jinzhi Li

For a stochastic difference equation $D_n=A_nD_{n-1}+B_n$ which stabilises upon time we study tail distribution asymptotics of $D_n$ under the assumption that the distribution of $\log(1+|A_1|+|B_1|)$ is heavy-tailed, that is, all its…

Probability · Mathematics 2020-07-28 Dmitry Korshunov

By using a probabilistic technique based on the exponential change of measure we find a precise tail asymptotic behavior of some perpetuities with distributions close to the Dickman distribution.

Probability · Mathematics 2026-04-17 Alexander Iksanov , Oleh Iksanov

Stable subordinators, and more general subordinators possessing power law probability tails, have been widely used in the context of subdiffusions, where particles get trapped or immobile in a number of time periods, called constant…

Statistics Theory · Mathematics 2020-05-11 Phillip Kerger , Kei Kobayashi

Empirical distributions have their in-sample maxima as natural censoring. We look at the "hidden tail", that is, the part of the distribution in excess of the maximum for a sample size of $n$. Using extreme value theory, we examine the…

Statistical Finance · Quantitative Finance 2020-04-14 Nassim Nicholas Taleb

We propose a mean functional which exists for any probability distributions, and which characterizes the Pareto distribution within the set of distributions with finite left endpoint. This is in sharp contrast to the mean excess plot which…

Methodology · Statistics 2024-04-05 Bernhard Klar

We consider the problem of inference for non-stationary time series with heavy-tailed error distribution. Under a time-varying linear process framework we show that there exists a suitable local approximation by a stationary process with…

Statistics Theory · Mathematics 2024-07-09 Fumiya Akashi , Konstantinos Fokianos , Junichi Hirukawa

In a seminal paper Biggins and Kyprianou \cite{BKy04} proved the existence of a non degenerate limit for the {\it Derivative martingale} of the branching random walk. As shown in \cite{Aid11} and \cite{Mad11}, this is an object of central…

Probability · Mathematics 2016-06-14 Thomas Madaule

We propose a variational tail bound for norms of random vectors under moment assumptions on their one-dimensional marginals. A simplified version of the bound that parametrizes the ``aggregating distribution'' using a certain pushforward of…

Probability · Mathematics 2026-02-02 Sohail Bahmani

This paper proposes a scoring-rule-based method for ranking predictive distributions in the Fr\'echet domain that is able to distinguish between different tail indices. The approach is built on normalized order statistics and exploits…

Methodology · Statistics 2026-03-26 Martin Bladt , Christoffer Øhlenschlæger

We study the large-time asymptotic of renewal-reward processes with a heavy-tailed waiting time distribution. It is known that the heavy tail of the distribution produces an extremely slow dynamics, resulting in a singular large deviation…

Mathematical Physics · Physics 2022-01-05 Hiroshi Horii , Raphael Lefevere , Takahiro Nemoto

We establish the one-to one bilateral interrelations between an asymptotic behavior for the tail of distributions for random variables and its great moments evaluation. Our results generalize the famous Richter's ones.

Probability · Mathematics 2022-06-02 M. R. Formica , E. Ostrovsky , L. Sirota

This article proposes a new method of truncated estimation to estimate the tail index $\alpha$ of the extremely heavy-tailed distribution with infinite mean or variance. We not only present two truncated estimators $\hat{\alpha}$ and…

Statistics Theory · Mathematics 2022-09-13 F. Q. Tang , D. Han

This article discusses modelling of the tail of a multivariate distribution function by means of a large deviation principle (LDP), and its application to the estimation of the probability of a multivariate extreme event from a sample of n…

Statistics Theory · Mathematics 2017-02-23 Cees de Valk

We investigate the use of optimization to compute bounds for extremal performance measures. This approach takes a non-parametric viewpoint that aims to alleviate the issue of model misspecification possibly encountered by conventional…

Methodology · Statistics 2017-11-03 Clementine Mottet , Henry Lam