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This paper is organized in three parts closely related to closure properties of heavy-tailed distributions and heavy-tailed random vectors. In the first part we consider two random variables X and Y with distributions F and G respectively.…

Probability · Mathematics 2025-02-04 Dimitrios G. Konstantinides , Charalampos D. Passalidis

Recursive max-linear vectors provide models for causal dependence between large values of random variables that are supported on directed acyclic graphs, but the standard assumption that all nodes of such a graph are observed can be…

Statistics Theory · Mathematics 2025-07-10 Mario Krali , Anthony C. Davison , Claudia Klüppelberg

In recent years, understanding the implicit regularization of neural networks (NNs) has become a central task in deep learning theory. However, implicit regularization is itself not completely defined and well understood. In this work, we…

Machine Learning · Computer Science 2023-09-08 Leyang Zhang , Zhi-Qin John Xu , Tao Luo , Yaoyu Zhang

In this paper we are concerned with the analysis of heavy-tailed data when a portion of the extreme values is unavailable. This research was motivated by an analysis of the degree distributions in a large social network. The degree…

Statistics Theory · Mathematics 2018-12-20 Jingjing Zou , Richard A. Davis , Gennady Samorodnitsky

The problem of signal detection using sparse, faint information is closely related to a variety of contemporary statistical problems, including the control of false-discovery rate, and classification using very high-dimensional data. Each…

Statistics Theory · Mathematics 2008-12-18 Peter Hall , Jiashun Jin

We propose a novel probabilistic model to facilitate the learning of multivariate tail dependence of multiple financial assets. Our method allows one to construct from known random vectors, e.g., standard normal, sophisticated joint…

Risk Management · Quantitative Finance 2020-01-14 Xing Yan , Qi Wu , Wen Zhang

Two key tasks in high-dimensional regularized regression are tuning the regularization strength for accurate predictions and estimating the out-of-sample risk. It is known that the standard approach -- $k$-fold cross-validation -- is…

Statistics Theory · Mathematics 2025-10-24 Kevin Luo , Yufan Li , Pragya Sur

In multivariate extreme value analysis, the nature of the extremal dependence between variables should be considered when selecting appropriate statistical models. Interest often lies with determining which subsets of variables can take…

Methodology · Statistics 2022-07-19 Emma S. Simpson , Jennifer L. Wadsworth , Jonathan A. Tawn

In this paper, we study a multidimensional risk model with a common renewal process and in the presence of a constant interest force. The claim sizes are independent and identically distributed random vectors, with the distribution of…

Probability · Mathematics 2025-10-24 Dimitrios G. Konstantinides , Jiajun Liu , Charalampos D. Passalidis

From the sampling of data to the initialisation of parameters, randomness is ubiquitous in modern Machine Learning practice. Understanding the statistical fluctuations engendered by the different sources of randomness in prediction is…

Machine Learning · Statistics 2022-10-03 Bruno Loureiro , Cédric Gerbelot , Maria Refinetti , Gabriele Sicuro , Florent Krzakala

Misperceptions about extreme dependencies between different financial assets have been an im- portant element of the recent financial crisis. This paper studies inhomogeneity in dependence structures using Markov switching regular vine…

Methodology · Statistics 2012-02-10 Jakob Stoeber , Claudia Czado

Extreme values modeling has attracting the attention of researchers in diverse areas such as the environment, engineering, or finance. Multivariate extreme value distributions are particularly suitable to model the tails of multidimensional…

Statistics Theory · Mathematics 2017-01-16 Helena Ferreira , Marta Ferreira

Real-world data is laden with outlying values. The challenge for machine learning is that the learner typically has no prior knowledge of whether the feedback it receives (losses, gradients, etc.) will be heavy-tailed or not. In this work,…

Machine Learning · Statistics 2020-12-16 Matthew J. Holland

This article is devoted to the study of tail index estimation based on i.i.d. multivariate observations, drawn from a standard heavy-tailed distribution, i.e. of which 1-d Pareto-like marginals share the same tail index. A multivariate…

Statistics Theory · Mathematics 2014-04-10 Stéphan Clémençon , Antoine Dematteo

We consider phase-type scale mixture distributions which correspond to distributions of a product of two independent random variables: a phase-type random variable $Y$ and a nonnegative but otherwise arbitrary random variable $S$ called the…

Probability · Mathematics 2017-05-16 Leonardo Rojas-Nandayapa , Wangyue Xie

In this paper we study the asymptotics of linear regression in settings with non-Gaussian covariates where the covariates exhibit a linear dependency structure, departing from the standard assumption of independence. We model the covariates…

Machine Learning · Statistics 2024-12-10 Behrad Moniri , Hamed Hassani

A key obstacle in automated analytics and meta-learning is the inability to recognize when different datasets contain measurements of the same variable. Because provided attribute labels are often uninformative in practice, this task may be…

Machine Learning · Computer Science 2019-09-12 Jonas Mueller , Alex Smola

Detecting and explaining anomalies is a challenging effort. This holds especially true when data exhibits strong dependencies and single measurements need to be assessed and analyzed in their respective context. In this work, we consider…

Modern network data analysis often involves analyzing network structures alongside covariate features to gain deeper insights into underlying patterns. However, traditional covariate-assisted statistical network models may not adequately…

Methodology · Statistics 2025-05-07 Peng Zhao , Yabo Niu

Multivariate extreme value statistical analysis is concerned with observations on several variables which are thought to possess some degree of tail-dependence. In areas such as the modeling of financial and insurance risks, or as the…

Applications · Statistics 2014-12-31 Alexis Bienvenüe , Christian Y. Robert
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