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We give conditions to prove the existence of an Extremal Index for general stationary stochastic processes by detecting the presence of one or more underlying periodic phenomena. This theory, besides giving general useful tools to identify…

Probability · Mathematics 2014-01-20 Ana Cristina Moreira Freitas , Jorge Milhazes Freitas , Mike Todd

Dynamical systems with high intrinsic dimensionality are often characterized by extreme events having the form of rare transitions several standard deviations away from the mean. For such systems, order-reduction methods through projection…

Chaotic Dynamics · Physics 2018-07-04 Zhong Yi Wan , Pantelis R. Vlachas , Petros Koumoutsakos , Themistoklis P. Sapsis

It is often assumed that events cannot occur simultaneously when modelling data with point processes. This raises a problem as real-world data often contains synchronous observations due to aggregation or rounding, resulting from…

Methodology · Statistics 2021-08-30 Leigh Shlomovich , Edward A. K. Cohen , Niall Adams

In spite of precautions to avoid the harmful effects of extreme events, we experience recurrently phenomena that overcome the preventive barriers. These barriers usually increase drastically right after the occurrence of such extreme…

Data Analysis, Statistics and Probability · Physics 2007-05-23 Eduardo G. Altmann , Sarah Hallerberg , Holger Kantz

In this paper, we discuss the emergence of extreme events in a parametrically driven non-polynomial mechanical system with a velocity-dependent potential. We confirm the occurrence of extreme events from the probability distribution…

Statistical Mechanics · Physics 2021-06-22 S. Sudharsan , A. Venkatesan , P. Muruganandam , M. Senthilvelan

This book provides a comprehensive introduction for the study of extreme events in the context of dynamical systems. The introduction provides a broad overview of the interdisciplinary research area of extreme events, underlining its…

Macroevolutionary dynamics often display sudden, explosive surges, where systems remain relatively stable for extended periods before experiencing dramatic acceleration that frequently exceeds traditional exponential growth. This pattern is…

Physics and Society · Physics 2026-01-23 Alessandro Bellina , Giordano De Marzo , Vittorio Loreto

The extremal index $\theta$, a measure of the degree of local dependence in the extremes of a stationary process, plays an important role in extreme value analyses. We estimate $\theta$ semiparametrically, using the relationship between the…

Methodology · Statistics 2016-06-02 Paul J. Northrop

We propose a general framework to study last passage times, suprema and drawdowns of a large class of stochastic processes. A central role in our approach is played by processes of class Sigma. After investigating convergence properties and…

Probability · Mathematics 2009-10-30 Patrick Cheridito , Ashkan Nikeghbali , Eckhard Platen

Extreme events are ubiquitous in a wide range of dynamical systems, including turbulent fluid flows, nonlinear waves, large scale networks and biological systems. Here, we propose a variational framework for probing conditions that trigger…

Fluid Dynamics · Physics 2018-07-10 Mohammad Farazmand , Themistoklis P. Sapsis

This article summarises the methods used by the team ``Ca' Foscari" for the EVA 2025 Data Challenge. The questions of the challenge concern the estimation of exceedance probabilities across several locations. Rather than modelling the…

The extremal coefficient function (ECF) of a max-stable process $X$ on some index set $T$ assigns to each finite subset $A\subset T$ the effective number of independent random variables among the collection $\{X_t\}_{t\in A}$. We introduce…

Statistics Theory · Mathematics 2015-04-15 Kirstin Strokorb , Martin Schlather

When passing from the univariate to the multivariate setting, modelling extremes becomes much more intricate. In this introductory exposition, classical multivariate extreme value theory is presented from the point of view of multivariate…

Statistics Theory · Mathematics 2024-12-25 Philippe Naveau , Johan Segers

We discuss how maximum entropy methods may be applied to the reconstruction of Markov processes underlying empirical time series and compare this approach to usual frequency sampling. It is shown that, at least in low dimension, there…

Risk Management · Quantitative Finance 2015-06-23 Gregor Chliamovitch , Alexandre Dupuis , Bastien Chopard , Anton Golub

Problem definition: Data-driven models in machine learning have enabled efficient management of production systems. However, a majority of machine learning models are devoted to modeling the mean response or average pattern, which is…

Applications · Statistics 2026-04-27 Cheolhei Lee , Xing Wang , Xiaowei Yue , Jianguo Wu

This paper is devoted to the estimation of a vector $\bm {\theta}$ parametrizing an energy function of a Gibbs point process, via the maximum pseudolikelihood method. Strong consistency and asymptotic normality results of this estimator…

Statistics Theory · Mathematics 2008-12-18 Jean-Michel Billiot , Jean-François Coeurjolly , Rémy Drouilhet

Polycrystalline metal failure often begins with stress concentration at grain boundaries. Identifying which microstructural features trigger these events is important but challenging because these extreme damage events are rare and the…

Applications · Statistics 2025-10-28 Yinling Zhang , Samuel D. Dunham , Curt A. Bronkhorst , Nan Chen

Probabilistic reasoning systems combine different probabilistic rules and probabilistic facts to arrive at the desired probability values of consequences. In this paper we describe the MESA-algorithm (Maximum Entropy by Simulated Annealing)…

Artificial Intelligence · Computer Science 2013-03-25 Gerhard Paaß

This article uses a combination of three ideas from simulation to establish a nearly optimal polynomial upper bound for the joint density of the stable process and its associated supremum at a fixed time on the entire support of the joint…

Probability · Mathematics 2023-11-20 Jorge González Cázares , Arturo Kohatsu Higa , Aleksandar Mijatović

Inference over tails is performed by applying only the results of extreme value theory. Whilst such theory is well defined and flexible enough in the univariate case, multivariate inferential methods often require the imposition of…

Methodology · Statistics 2017-08-11 Manuele Leonelli , Dani Gamerman
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