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We study point process convergence for sequences of iid random walks. The objective is to derive asymptotic theory for the extremes of these random walks. We show convergence of the maximum random walk to the Gumbel distribution under the…

Probability · Mathematics 2020-11-10 Johannes Heiny , Thomas Mikosch , Jorge Yslas

In this paper we generalize the result of directional transience from [SabotTournier10]. This enables us, by means of [Simenhaus07], [ZernerMerkl01] and [Bouchet12] to conclude that, on Z^d (for any dimension d), random walks in i.i.d.…

Probability · Mathematics 2012-11-19 Laurent Tournier

Generalized inversions $X_{\mathrm{inv}}^{(d)}$ and generalized descents $X_{\mathrm{des}}^{(d)}$ are an interesting combinatorial extension of the common inversion and descent statistics. By means of the root poset, they can be defined on…

Combinatorics · Mathematics 2024-08-22 Philip Dörr

In this paper, joint asymptotics of powered maxima for a triangular array of bivariate powered Gaussian random vectors are considered. Under the H\"usler-Reiss condition, limiting distributions of powered maxima are derived. Furthermore,…

Probability · Mathematics 2016-10-24 Wei Zhou , Zuoxiang Peng

An explicit upper bound on the tail probabilities for the normalized Rademacher sums is given. This bound, which is best possible in a certain sense, is asymptotically equivalent to the corresponding tail probability of the standard normal…

Probability · Mathematics 2017-01-17 Iosif Pinelis

Based on suitable left-truncated or censored data, two flexible classes of $M$-estimations of Weibull tail coefficient are proposed with two additional parameters bounding the impact of extreme contamination. Asymptotic normality with…

Statistics Theory · Mathematics 2018-10-18 Chengping Gong , Chengxiu Ling

The asymptotic results that underlie applications of extreme random fields often assume that the variables are located on a regular discrete grid, identified with $\mathbb{Z}^2$, and that they satisfy stationarity and isotropy conditions.…

Probability · Mathematics 2015-09-03 Helena Ferreira , Luísa Pereira , Ana Paula Martins

Gaussian random vectors exhibit the loss of dimension phenomena, which relate to their joint survival tail behaviour. Besides, the fact that the components of such vectors are light-tailed complicates the approximations of various…

Risk Management · Quantitative Finance 2018-10-09 E. Hashorva

We introduce a class of group endomorphisms -- those of finite combinatorial rank -- exhibiting slow orbit growth. An associated Dirichlet series is used to obtain an exact orbit counting formula, and in the connected case this series is…

Dynamical Systems · Mathematics 2013-05-28 G. Everest , R. Miles , S. Stevens , T. Ward

We deal with the following eigenvalue optimization problem: Given a bounded domain $D\subset \R^2$, how to place an obstacle $B$ of fixed shape within $D$ so as to maximize or minimize the fundamental eigenvalue $\lambda_1$ of the Dirichlet…

Spectral Theory · Mathematics 2007-12-08 Ahmad El Soufi , Rola Kiwan

In this paper we discuss the asymptotic behaviour of random contractions $X=RS$, where $R$, with distribution function $F$, is a positive random variable independent of $S\in (0,1)$. Random contractions appear naturally in insurance and…

Probability · Mathematics 2013-05-14 Enkelejd Hashorva , Anthony G. Pakes , Qihe Tang

We establish sharp tail asymptotics for component-wise extreme values of bivariate Gaussian random vectors with arbitrary correlation between the components. We consider two scaling regimes for the tail event in which we demonstrate the…

Probability · Mathematics 2019-03-28 Remco van der Hofstad , Harsha Honnappa

We study the asymptotic behavior of the principal eigenvector and eigenvalue of the random conductance Laplacian in a large domain of $\mathbb{Z}^d$ ($d\geq 2$) with zero Dirichlet condition. We assume that the conductances $w$ are positive…

Probability · Mathematics 2018-01-19 Franziska Flegel

We compute the tail asymptotics of the product of a beta random variable and a generalized gamma random variable which are independent and have general parameters. A special case of these asymptotics were proved and used in a recent work of…

Probability · Mathematics 2015-09-10 Jim Pitman , Miklos Z. Racz

We consider in this paper the collection of near maxima of the discrete, two dimensional Gaussian free field in a box with Dirichlet boundary conditions. We provide a rough description of the geometry of the set of near maxima, estimates on…

Probability · Mathematics 2013-04-09 Jian Ding , Ofer Zeitouni

Maximum-type statistics of certain functions of the sample covariance matrix of high-dimensional vector time series are studied to statistically confirm or reject the null hypothesis that a data set has been collected under normal…

Statistics Theory · Mathematics 2023-10-13 Ansgar Steland

Let $\{X(t)= (X_1(t),X_2(t))^T,\ t \in \mathbb{R}^N\}$ be an $\mathbb{R}^2$-valued continuous locally stationary Gaussian random field with $\mathbb{E}[X(t)]=\mathbf{0}$. For any compact sets $A_1, A_2 \subset \mathbb{R}^N$, precise…

Probability · Mathematics 2015-11-13 Yuzhen Zhou , Yimin Xiao

In many practical situations exploratory plots are helpful in understanding tail behavior of sample data. The Mean Excess plot is often applied in practice to understand the right tail behavior of a data set. It is known that if the…

Statistics Theory · Mathematics 2015-01-06 Bikramjit Das , Souvik Ghosh

We consider moments of higher powers of quadratic Dirichlet character sums. In a restricted region, we give their asymptotic behavior by using de la Bret\`{e}che's multivariable Tauberian theorem. We also give the lower bound of the…

Number Theory · Mathematics 2025-02-28 Yuichiro Toma

For a risk vector $V$, whose components are shared among agents by some random mechanism, we obtain asymptotic lower and upper bounds for the individual agents' exposure risk and the aggregated risk in the market. Risk is measured by…

Risk Management · Quantitative Finance 2016-04-12 Oliver Kley , Claudia Kluppelberg