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The estimation of conditional quantiles at extreme tails is of great interest in numerous applications. Various methods that integrate regression analysis with an extrapolation strategy derived from extreme value theory have been proposed…

Methodology · Statistics 2024-11-22 Yiwei Tang , Judy Huixia Wang , Deyuan Li

Adaptation-relevant predictions of climate change are often derived by combining climate model simulations in a multi-model ensemble. Model evaluation methods used in performance-based ensemble weighting schemes have limitations in the…

Atmospheric and Oceanic Physics · Physics 2023-04-19 Mala Virdee , Markus Kaiser , Emily Shuckburgh , Carl Henrik Ek , Ieva Kazlauskaite

The study of multivariate extremes is dominated by multivariate regular variation, although it is well known that this approach does not provide adequate distinction between random vectors whose components are not always simultaneously…

Statistics Theory · Mathematics 2021-08-17 Natalia Nolde , Jennifer L. Wadsworth

In a wide variety of sequential decision making problems, it can be important to estimate the impact of rare events in order to minimize risk exposure. A popular risk measure is the conditional value-at-risk (CVaR), which is commonly…

Machine Learning · Statistics 2020-12-11 Dylan Troop , Frédéric Godin , Jia Yuan Yu

We search for the signature of universal properties of extreme events, theoretically predicted for Axiom A flows, in a chaotic and high dimensional dynamical system by studying the convergence of GEV (Generalized Extreme Value) and GP…

Chaotic Dynamics · Physics 2020-11-16 Vera Melinda Galfi , Tamas Bodai , Valerio Lucarini

In this paper we discuss and address the challenges of predicting extreme atmospheric events like intense rainfall, hail, and strong winds. These events can cause significant damage and have become more frequent due to climate change.…

Atmospheric and Oceanic Physics · Physics 2023-10-06 Mikhail Mozikov , Ilya Makarov , Alexandr Bulkin , Daria Taniushkina , Roland Grinis , Yury Maximov

In this work, we report the emergence of extreme events in a damped and driven velocity-dependent mechanical system. We observe that the extreme events emerge at multiple points. We further notice that the extreme events occur symmetrically…

Chaotic Dynamics · Physics 2021-06-18 Sudharsan S , Venkatesan A , Senthilvelan M

We analyse extreme daily minimum temperatures in winter months over the island of Ireland from 1950-2022. We model the marginal distributions of extreme winter minima using a generalised Pareto distribution (GPD), capturing temporal and…

Atmospheric and Oceanic Physics · Physics 2026-01-07 Dáire Healy , Jonathan A. Tawn , Peter Thorne , Andrew Parnell

A leading goal for climate science and weather risk management is to accurately model both the physics and statistics of extreme events. These two goals are fundamentally at odds: the higher a computational model's resolution, the more…

Atmospheric and Oceanic Physics · Physics 2024-02-06 Justin Finkel , Paul A. O'Gorman

A central problem in uncertainty quantification is how to characterize the impact that our incomplete knowledge about models has on the predictions we make from them. This question naturally lends itself to a probabilistic formulation, by…

Statistical Mechanics · Physics 2018-09-03 Giovanni Dematteis , Tobias Grafke , Eric Vanden-Eijnden

In many complex systems, large events are believed to follow power-law, scale-free probability distributions, so that the extreme, catastrophic events are unpredictable. Here, we study coupled chaotic oscillators that display extreme…

Existing theory for multivariate extreme values focuses upon characterizations of the distributional tails when all components of a random vector, standardized to identical margins, grow at the same rate. In this paper, we consider the…

Statistics Theory · Mathematics 2013-12-20 J. L. Wadsworth , J. A. Tawn

Initially this paper reviews the mathematical issues surrounding the hydrostatic (HPE) and non-hydrostatic (NPE) primitive equations that have been used extensively in numerical weather prediction and climate modelling. Cao and Titi (2005,…

Chaotic Dynamics · Physics 2010-05-04 J. D. Gibbon , Darryl D. Holm

We consider pricing weather derivatives for use as protection against weather extremes. The method described utilizes results from spatial statistics and extreme value theory to first model extremes in the weather as a max-stable process,…

Applications · Statistics 2011-09-21 Robert J. Erhardt , Richard L. Smith

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

Generating accurate extremes from an observational data set is crucial when seeking to estimate risks associated with the occurrence of future extremes which could be larger than those already observed. Applications range from the…

Machine Learning · Statistics 2026-02-02 Nicolas Lafon , Philippe Naveau , Ronan Fablet

Flood quantile estimation is of great importance for many engineering studies and policy decisions. However, practitioners must often deal with small data available. Thus, the information must be used optimally. In the last decades, to…

Applications · Statistics 2009-11-13 Mathieu Ribatet , Taha B. M. J. Ouarda , Eric Sauquet , Jean-Michel Grésillon

Extreme environmental events frequently exhibit spatial and temporal dependence. These data are often modeled using max stable processes (MSPs). MSPs are computationally prohibitive to fit for as few as a dozen observations, with supposed…

Methodology · Statistics 2022-05-02 Emily C. Hector , Brian J. Reich

In this study, the cumulative effect of the empirical probability distribution of a random variable is identified as a factor that amplifies the occurrence of extreme events in datasets. To quantify this observation, a corresponding…

In modeling multivariate time series for either forecast or policy analysis, it would be beneficial to have figured out the cause-effect relations within the data. Regression analysis, however, is generally for correlation relation, and…

Machine Learning · Statistics 2021-11-23 Xingwei Hu
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