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A bivariate random vector can exhibit either asymptotic independence or dependence between the largest values of its components. When used as a statistical model for risk assessment in fields such as finance, insurance or meteorology, it is…

Probability · Mathematics 2019-04-29 Sebastian Engelke , Thomas Opitz , Jennifer Wadsworth

We consider pairs of toral automorphisms (A,B) satisfying an invariant cone property. At each iteration, A acts with probability p and B with probability 1-p. We prove exponential decay of correlations for a class of Holder continuous…

Dynamical Systems · Mathematics 2011-10-18 Arvind Ayyer , Mikko Stenlund

It is well known that a random vector with given marginal distributions is comonotonic if and only if it has the largest sum with respect to the convex order [ Kaas, Dhaene, Vyncke, Goovaerts, Denuit (2002), A simple geometric proof that…

Risk Management · Quantitative Finance 2016-05-10 Chuancun Yin , Dan Zhu

For two independent, almost surely finite random variables, independence of their minimum (time) and the event that one of them is either greater, equal or less than the other (cause) is completely characterized. It is shown that, other…

Probability · Mathematics 2023-05-08 Offer Kella

We generalise the known fact that for binomial $X_{n,k} \sim \mathrm{Bin}(n, k/n)$ one has $\inf_{k>1,n} \mathrm{P}(X_{n,k} \geq k) \geq \lim_{k \to 1+}\mathrm{P}(X_{2,k} \geq k) = 1/4$ to cover probabilities of exceeding a constant shift…

Probability · Mathematics 2023-08-11 Tilo Wiklund

We study a new family of random variables, that each arise as the distribution of the maximum or minimum of a random number $N$ of i.i.d.~random variables $X_1,X_2,\ldots,X_N$, each distributed as a variable $X$ with support on $[0,1]$. The…

Statistics Theory · Mathematics 2014-03-07 Jie Hao , Anant Godbole

We prove an abstract result on the correlations of pairs of elements in an exponentially growing discrete subset $\mathcal E$ of $[0,+\infty[\,$ endowed with a weight function. Assume that there exist $\alpha\in\mathbb R$, $c,\delta>0$ such…

Functional Analysis · Mathematics 2022-01-31 Jouni Parkkonen , Frédéric Paulin

Let $X_1,~X_2,\cdots$ be a sequence of i.i.d random variables which are supposed to be observed in sequence. The $n$th value in the sequence is a $k-record~value$ if exactly $k$ of the first $n$ values (including $X_n$) are at least as…

Probability · Mathematics 2022-08-16 Anshui Li

We introduce the coverage correlation coefficient, a novel nonparametric measure of statistical association designed to quantifies the extent to which two random variables have a joint distribution concentrated on a singular subset with…

Methodology · Statistics 2025-08-18 Xuzhi Yang , Mona Azadkia , Tengyao Wang

A new type of stochastic dependence for a sequence of random variables is introduced and studied. Precisely, (X_n)_{n\geq 1} is said to be conditionally identically distributed (c.i.d.), with respect to a filtration (G_n)_{n\geq 0}, if it…

Probability · Mathematics 2007-05-23 Patrizia Berti , Luca Pratelli , Pietro Rigo

Consider two batches of independent or interdependent exponentiated location-scale distributed heterogeneous random variables. This article investigates ordering results for the second-order statistics from these batches when a vector of…

Statistics Theory · Mathematics 2021-04-20 Sangita Das , Suchandan Kayal

We give necessary and sufficient conditions for two sub-vectors of a random vector with a multivariate extreme value distribution, corresponding to the limit distribution of the maximum of a multidimensional stationary sequence with…

Probability · Mathematics 2010-06-09 Clara Viseu , Luísa Pereira , Ana Paula Martins , Helena Ferreira

Let $(x_n)_{n=1}^{\infty}$ be a sequence on the torus $\mathbb{T}$ (normalized to length 1). We show that if there exists a sequence of positive real numbers $(t_n)_{n=1}^{\infty}$ converging to 0 such that $$\lim_{N \rightarrow \infty}{…

Number Theory · Mathematics 2020-11-02 Stefan Steinerberger

We study the distribution P(\omega) of the random variable \omega = x_1/(x_1 + x_2), where x_1 and x_2 are the wealths of two individuals selected at random from the same tempered Paretian ensemble characterized by the distribution \Psi(x)…

General Finance · Quantitative Finance 2012-07-24 G. Oshanin , Yu. Holovatch , G. Schehr

This paper introduces some new characterizations of COM-Poisson random variables. First, it extends Moran-Chatterji characterization and generalizes Rao-Rubin characterization of Poisson distribution to COM-Poisson distribution. Then, it…

Probability · Mathematics 2018-09-26 Bo Li , Huiming Zhang , Jiao He

The aim of this paper is to extend Azzalini's method. This extension is done in two stages: consider two dependent and non-identically distributed random variables say $X_1$ and $X_2$; model the dependence between $X_1$ and $X_2$ by a…

Statistics Theory · Mathematics 2018-03-06 Filippo Domma , Božidar V. Popović , Saralees Nadarajah

We propose some new results on the comparison of the minimum or maximum order statistic from a random number of non-identical random variables. Under the non-identical set-up, with certain conditions, we prove that random minimum (maximum)…

Statistics Theory · Mathematics 2024-03-08 Amarjit Kundu , Shovan Chowdhury , Bidhan Modok

Two old conjectures from problem sections, one of which from SIAM Review, concern the question of finding distributions that maximize P(Sn <= t), where Sn is the sum of i.i.d. random variables X1, ..., Xn on the interval [0,1], satisfying…

Probability · Mathematics 2008-08-13 Ludolf E. Meester

Let $\{X_{n}(t), t\in[0,\infty)\}, n\in\mathbb{N}$ be a sequence of centered dependent stationary Gaussian processes. The limit distribution of $\sup_{t\in[0,T(n)]}|X_{n}(t)|$ is established as $r_{n}(t)$, the correlation function of…

Probability · Mathematics 2014-12-12 Z. Tan , E. Hashorva , Z. Peng

Truncated multivariate distributions arise extensively in econometric modelling when non-negative random variables are intrinsic to the data-generation process. More broadly, truncated multivariate distributions have appeared in censored…

Statistics Theory · Mathematics 2019-06-04 Michael Levine , Donald Richards , Jianxi Su
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