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The univariate generalized extreme value (GEV) distribution is the most commonly used tool for analyzing the properties of rare events. The ever greater utilization of Bayesian methods for extreme value analysis warrants detailed…

Statistics Theory · Mathematics 2023-07-03 Likun Zhang , Benjamin A. Shaby

In extreme values theory, for a sufficiently large block size, the maxima distribution is approximated by the generalized extreme value (GEV) distribution. The GEV distribution is a family of continuous probability distributions, which has…

Methodology · Statistics 2021-09-28 Cira E. G. Otiniano , Bianca Sousa , Roberto Vila , Marcelo Bourguignon

The generalised extreme value (GEV) distribution is a three parameter family that describes the asymptotic behaviour of properly renormalised maxima of a sequence of independent and identically distributed random variables. If the shape…

Applications · Statistics 2022-05-10 Daniela Castro-Camilo , Raphaël Huser , Håvard Rue

To know the statistical distribution of a variable is an important problem in management of resources. Distributions of the power law type are observed in many real systems. However power law distributions have an infinite variance and thus…

Statistical Mechanics · Physics 2008-12-02 Hari M. Gupta , Jose R. Campanha

We investigate extreme value theory for physical systems with a global conservation law which describe renewal processes, mass transport models and long-range interacting spin models. As shown previously, a special feature is that the…

Statistical Mechanics · Physics 2020-11-04 Marc Höll , Wanli Wang , Eli Barkai

In this paper, we introduce a new class of distributions by compounding the exponentiated extended Weibull family and power series family. This distribution contains several lifetime models such as the complementary extended Weibull-power…

Other Statistics · Statistics 2015-03-31 Saeid Tahmasebi , Ali Akbar Jafari

A generalised notion of exponential families is introduced. It is based on the variational principle, borrowed from statistical physics. It is shown that inequivalent generalised entropy functions lead to distinct generalised exponential…

Mathematical Physics · Physics 2015-05-13 Jan Naudts

The generalized extreme value (GEV) distribution is commonly employed to help estimate the likelihood of extreme events in many geophysical and other application areas. The recently proposed blended generalized extreme value (bGEV)…

Applications · Statistics 2024-10-10 Nir Y. Krakauer

Writing data in parallel is a common operation in some computing environments and a good proxy for a number of other parallel processing patterns. The duration of time taken to write data in large-scale compute environments can vary…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-01-12 R. Henwood , N. W. Watkins , S. C. Chapman , R. McLay

We investigate extreme value theory of a class of random sequences defined by the all-time suprema of aggregated self-similar Gaussian processes with trend. This study is motivated by its potential applications in various areas and its…

Probability · Mathematics 2022-11-09 Lanpeng Ji , Xiaofan Peng

The Generalized Extreme Value (GEV) distribution plays a critical role in risk assessment across various domains, such as hydrology, climate science, and finance. In this study, we investigate its application in analyzing intraday trading…

Applications · Statistics 2024-12-10 Sen Lin , Ao Kong , Robert Azencott

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

In this short note, I comment on the research of Pisarenko et al. (2014) regarding the extreme value theory and statistics in case of earthquake magnitudes. The link between the generalized extreme value distribution (GEVD) as an asymptotic…

Geophysics · Physics 2015-06-23 Mathias Raschke

In this paper we perform an analytical and numerical study of Extreme Value distributions in discrete dynamical systems that have a singular measure. Using the block maxima approach described in Faranda et al. [2011] we show that,…

Dynamical Systems · Mathematics 2011-06-14 Davide Faranda , Valerio Lucarini , Giorgio Turchetti , Sandro Vaienti

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

The distribution of block maxima of sequences of independent and identically-distributed random variables is used to model extreme values in many disciplines. The traditional extreme value (EV) theory derives a closed-form expression for…

Methodology · Statistics 2019-02-27 Marco Marani , Enrico Zorzetto

The atmosphere gains available potential energy by solar radiation and dissipates kinetic energy mainly in the atmospheric boundary layer. We analyze the fluctuations of the global mean energy cycle defined by Lorenz (1955) in a simulation…

Atmospheric and Oceanic Physics · Physics 2018-08-08 Richard Blender , Denny Gohlke , Frank Lunkeit

The heavy-tailed behavior of the generalized extreme-value distribution makes it a popular choice for modeling extreme events such as floods, droughts, heatwaves, wildfires, etc. However, estimating the distribution's parameters using…

In this paper, we introduce the generalized Gompertz-power series class of distributions which is obtained by compounding generalized Gompertz and power series distributions. This compounding procedure follows same way that was previously…

Methodology · Statistics 2015-09-01 Saeid Tahmasebi , Ali Akbar Jafari

The generalized extreme value distribution and its particular case, the Gumbel extreme value distribution, are widely applied for extreme value analysis. The Gumbel distribution has certain drawbacks because it is a non-heavy-tailed…

Methodology · Statistics 2015-08-12 E. C. Pinheiro , S. L. P. Ferrari
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