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Related papers: Discrete Extremes

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In this paper we perform an analytical and numerical study of Extreme Value distributions in discrete dynamical systems. In this setting, recent works have shown how to get a statistics of extremes in agreement with the classical Extreme…

Dynamical Systems · Mathematics 2011-12-01 Davide Faranda , Valerio Lucarini , Giorgio Turchetti , Sandro Vaienti

We investigate the distribution and multiple occurrences of extreme events stochastic processes constructed by sampling the solution of a Stochastic Differential Equation on $\mathbb{R}^n$. We do so by studying the action of an annealead…

Dynamical Systems · Mathematics 2024-03-20 F. Flandoli , S. Galatolo , P. Giulietti , S. Vaienti

A key building block in the design of ultra-reliable communication systems is a wireless channel model that captures the statistics of rare events occurring due to significant fading. In this paper, we propose a novel methodology based on…

Signal Processing · Electrical Eng. & Systems 2024-01-12 Niloofar Mehrnia , Sinem Coleri

In the recent information-theoretic literature, the concept of extropy has been studied for order statistics. In the present communication we consider a cumulative analogue of extropy in the same vein of cumulative residual (past) entropy…

Statistics Theory · Mathematics 2020-04-28 Chanchal Kundu

In environmental applications of extreme value statistics, the underlying stochastic process is often modeled either as a max-stable process in continuous time/space or as a process in the domain of attraction of such a max-stable process.…

Statistics Theory · Mathematics 2018-02-13 Holger Drees , Laurens de Haan , Feridun Turkman

Different questions related with analysis of extreme values and outliers arise frequently in practice. To exclude extremal observations and outliers is not a good decision because they contain important information about the observed…

Methodology · Statistics 2018-01-17 Pavlina K. Jordanova , Monika P. Petkova

This article proposes a generalized notion of extreme multivariate dependence between two random vectors which relies on the extremality of the cross-covariance matrix between these two vectors. Using a partial ordering on the…

Econometrics · Economics 2021-02-10 Damien Bosc , Alfred Galichon

A widely used tool in the study of risk, insurance and extreme values is the mean excess plot. One use is for validating a generalized Pareto model for the excess distribution. This paper investigates some theoretical and practical aspects…

Probability · Mathematics 2010-06-03 Souvik Ghosh , Sidney I Resnick

In this brief note, we consider estimation of the bitwise combination $x_1 \lor \dots \lor x_n = \max_i x_i$ observing a set of noisy bits $\tilde x_i \in \{0, 1\}$ that represent the true, unobserved bits $x_i \in \{0, 1\}$ under…

Methodology · Statistics 2023-06-19 Jonathan Hehir

Numerous approaches are proposed in the literature for non-stationarity marginal extreme value inference, including different model parameterisations with respect to covariate, and different inference schemes. The objective of this article…

Applications · Statistics 2022-02-16 Matthew Jones , David Randell , Kevin Ewans , Philip Jonathan

Regular variation provides a convenient theoretical framework to study large events. In the multivariate setting, the dependence structure of the positive extremes is characterized by a measure - the spectral measure - defined on the…

Machine Learning · Statistics 2021-02-24 Meyer Nicolas , Olivier Wintenberger

We propose a new method for estimating the extreme quantiles for a function of several dependent random variables. In contrast to the conventional approach based on extreme value theory, we do not impose the condition that the tail of the…

Methodology · Statistics 2013-11-25 Jinguo Gong , Yadong Li , Liang Peng , Qiwei Yao

Multivariate extreme-value analysis is concerned with the extremes in a multivariate random sample, that is, points of which at least some components have exceptionally large values. Mathematical theory suggests the use of max-stable models…

Probability · Mathematics 2012-04-03 Johan Segers

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

The extreme value theory is very popular in applied sciences including Finance, economics, hydrology and many other disciplines. In univariate extreme value theory, we model the data by a suitable distribution from the general max-domain of…

Methodology · Statistics 2019-05-09 Abhik Ghosh

The main results of the extreme value theory developed for the investigation of the observables of dynamical systems rely, up to now, on the Gnedenko approach. In this framework, extremes are basically identified with the block maxima of…

Statistical Mechanics · Physics 2015-05-30 Valerio Lucarini , Davide Faranda , Jeroen Wouters

Preferential attachment is an appealing edge generating mechanism for modeling social networks. It provides both an intuitive description of network growth and an explanation for the observed power laws in degree distributions. However,…

Methodology · Statistics 2017-12-21 Phyllis Wan , Tiandong Wang , Richard A. Davis , Sidney I. Resnick

We theoretically and numerically investigated the threshold network model with a generic weight function where there were a large number of nodes and a high threshold. Our analysis was based on extreme value theory, which gave us a…

Statistical Mechanics · Physics 2009-11-20 A. Fujihara , M. Uchida , H. Miwa

Randomness in scientific estimation is generally assumed to arise from unmeasured or uncontrolled factors. However, when combining subjective probability estimates, heterogeneity stemming from people's cognitive or information diversity is…

Methodology · Statistics 2015-05-28 Ville Satopää , Robin Pemantle , Lyle Ungar

Recent advances in extreme value theory have established $\ell$-Pareto processes as the natural limits for extreme events defined in terms of exceedances of a risk functional. Here we provide methods for the practical modelling of data…

Methodology · Statistics 2015-12-21 Emeric Thibaud , Thomas Opitz
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