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The size of the giant component in the configuration model, measured by the asymptotic fraction of vertices in the component, is given by a well-known expression involving the generating function of the degree distribution. In this note, we…

Probability · Mathematics 2018-07-04 Maria Deijfen , Sebastian Rosengren , Pieter Trapman

Loynes' distribution, which characterizes the one dimensional marginal of the stationary solution to Lindley's recursion, possesses an ultimately exponential tail for a large class of increment processes. If one can observe increments but…

Probability · Mathematics 2013-09-19 Ken R. Duffy , Sean P. Meyn

This paper presents a new, short proof of the computation of the upper tail large deviation rate function for the Brownian directed percolation model. Through a distributional equivalence between the last passage time in this model and the…

Probability · Mathematics 2019-07-08 Christopher Janjigian

Understanding the tail behavior of distributions is crucial in statistical theory. For instance, the tail of a distribution plays a ubiquitous role in extreme value statistics, where it is associated with the likelihood of extreme events.…

Statistics Theory · Mathematics 2024-09-11 Rafael Cabral , Maria de Iorio , Andrea Cremaschi

We establish a link between the phenomenon of Taylor dispersion and the theory of empirical distributions. Using this connection, we derive, upon applying the theory of large deviations, an alternative and much more precise description of…

Statistical Mechanics · Physics 2017-02-01 Marcel Kahlen , Andreas Engel , Christian Van den Broeck

Considerable literature has been devoted to developing statistical inferential results for risk measures, especially for those that are of the form of L-functionals. However, practical and theoretical considerations have highlighted quite a…

Statistics Theory · Mathematics 2011-05-31 Abdelhakim Necir , Ričardas Zitikis

We prove that the tail probabilities of sums of independent uniform random variables, up to a multiplicative constant, are dominated by the Gaussian tail with matching variance and find the sharp constant for such stochastic domination.

Probability · Mathematics 2026-03-05 Xinjie He , Tomasz Tkocz , Katarzyna Wyczesany

Ex ante forecast outcomes should be interpreted as counterfactuals (potential histories), with errors as the spread between outcomes. Reapplying measurements of uncertainty about the estimation errors of the estimation errors of an…

Risk Management · Quantitative Finance 2012-09-12 Nassim N. Taleb

It is known that large deviations of sums of subexponential random variables are most likely realised by deviations of a single random variable. In this article we give a detailed picture of how subexponential random variables are…

Probability · Mathematics 2013-06-25 Inés Armendáriz , Michail Loulakis

We consider a multinomial distribution, where the number of cells increases and the cell-probabilities decreases as the number of observations grows. The probabilities of large deviations of statistics, which has form of a sum of Borel…

Probability · Mathematics 2022-05-09 Sherzod M. Mirakhmedov

In this article, the exponentiated discrete Lindley distribution is presented and studied. Some important distributional properties are discussed. Using the maximum likelihood method, estimation of the model parameters is investigated.…

Statistics Theory · Mathematics 2018-07-27 M. El-Morshedy , M. S. Eliwa , H. Nagy

We report multicanonical Monte Carlo simulations of the tails of the order-parameter distribution of the two-dimensional Ising model for fixed boundary conditions. Clear numerical evidence for "fat" stretched exponential tails is found…

Statistical Mechanics · Physics 2009-11-11 Rudolf Hilfer , Bibhu Biswal , Hans-Georg Mattutis , Wolfhard Janke

We consider a multivariate heavy-tailed stochastic volatility model and analyze the large-sample behavior of its sample covariance matrix. We study the limiting behavior of its entries in the infinite-variance case and derive results for…

Probability · Mathematics 2016-05-10 Anja Janßen , Thomas Mikosch , Mohsen Rezapour , Xiaolei Xie

Over the last few decades power law distributions have been suggested as forming generative mechanisms in a variety of disparate fields, such as, astrophysics, criminology and database curation. However, fitting these heavy tailed…

Computation · Statistics 2014-08-26 Colin S. Gillespie

It is well known that the probability distribution of high-frequency financial returns is characterized by a leptokurtic, heavy-tailed shape. This behavior undermines the typical assumption of Gaussian log-returns behind the standard…

Statistical Finance · Quantitative Finance 2023-06-14 Federica De Domenico , Giacomo Livan , Guido Montagna , Oreste Nicrosini

In some fields of applications of stable distributions, especially in economics, it appears, that data have distributions similar to stable in a large region, but do not have such heavy tails. Our aim in this note is to propose several…

Probability · Mathematics 2014-03-17 Lenka Slámová , Lev B. Klebanov

The task of estimation of the tails of probability distributions having small samples seems to be still opened and almost unsolvable. The paper tries to make a step in filling this gap. In 2017 Jordanova et al. introduce six new…

Statistics Theory · Mathematics 2018-11-14 Pavlina Jordanova , Monika Peteva

Accurate estimation of tail probabilities of projections of high-dimensional probability measures is of relevance in high-dimensional statistics and asymptotic geometric analysis. Whereas large deviation principles identify the asymptotic…

Probability · Mathematics 2023-04-25 Yin-Ting Liao , Kavita Ramanan

An expanded family of mixtures of multivariate power exponential distributions is introduced. While fitting heavy-tails and skewness has received much attention in the model-based clustering literature recently, we investigate the use of a…

Methodology · Statistics 2015-06-15 Utkarsh J. Dang , Ryan P. Browne , Paul D. McNicholas

We prove an exponential probability tail inequality for positive semidefinite quadratic forms in a subgaussian random vector. The bound is analogous to one that holds when the vector has independent Gaussian entries.

Probability · Mathematics 2011-10-14 Daniel Hsu , Sham M. Kakade , Tong Zhang