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Suppose Xt is either a regular exponential type Levy process or a Levy process with a bounded variation jumps measure. The distribution of the extrema of Xt play a crucial role in many financial and actuarial problems. This article employs…

Probability · Mathematics 2017-01-23 Amir T. Payandeh Najafabadi , Dan Kucerovsky

In this paper a new distribution is proposed. This new model provides more flexibility to modeling data with upside-down bathtub hazard rate function. A significant account of mathematical properties of the new distribution is presented.…

Statistics Theory · Mathematics 2017-11-28 Pedro L. Ramos , Francisco Louzada , Taciana K. O. Shimizu , Aline O. Luiz

We derive in this article the asymptotic behavior as well as non-asymptotical estimates of tail of distribution for self-normalized sums of random variables (r.v.) under natural classical norming. We investigate also the case of…

Probability · Mathematics 2017-10-10 E. Ostrovsky , L. Sirota

In several different fields, there is interest in analyzing the upper or lower tail quantile of the underlying distribution rather than mean or center quantile. However, the investigation of the tail quantile is difficult because of data…

Statistics Theory · Mathematics 2019-03-21 Takuma Yoshida

The Peaks Over Threshold (POT) method is the most popular statistical method for the analysis of univariate extremes. Even though there is a rich applied literature on Bayesian inference for the POT, the asymptotic theory for such proposals…

Statistics Theory · Mathematics 2025-04-01 Clément Dombry , Simone A. Padoan , Stefano Rizzelli

The tail index, indicating the degree of fatness of the tail distribution, is an important component of extreme value theory since it dominates the asymptotic distribution of extreme values such as the sample maximum. In this paper, we…

Statistics Theory · Mathematics 2009-06-12 Moosup Kim , Sangyeol Lee

Using an intrinsic approach, we study some properties of random fields which appear as tail fields of regularly varying stationary random fields. The index set is allowed to be a general locally compact Hausdorff Abelian group $\mathbb{G}$.…

Probability · Mathematics 2023-01-11 Günter Last

A major challenge in Semi-Supervised Learning (SSL) is the limited information available about the class distribution in the unlabeled data. In many real-world applications this arises from the prevalence of long-tailed distributions, where…

Machine Learning · Computer Science 2025-02-04 Khiem Pham , Charles Herrmann , Ramin Zabih

Strong anomalous diffusion is {often} characterized by a piecewise-linear spectrum of the moments of displacement. The spectrum is characterized by slopes $\xi$ and $\zeta$ for small and large moments, respectively, and by the critical…

We propose an extension of the regular Cox's proportional hazards model which allows the estimation of the probabilities of rare events. It is known that when the data are heavily censored at the upper end of the survival distribution, the…

Methodology · Statistics 2019-01-23 Ion Grama , Kevin Jaunatre

We introduce estimation and test procedures through divergence minimiza- tion for models satisfying linear constraints with unknown parameter. These procedures extend the empirical likelihood (EL) method and share common features with…

Statistics Theory · Mathematics 2016-11-25 Michel Broniatowski , Amor Keziou

The extreme value index is a fundamental parameter in univariate Extreme Value Theory (EVT). It captures the tail behavior of a distribution and is central in the extrapolation beyond observed data. Among other semi-parametric methods (such…

Statistics Theory · Mathematics 2017-05-02 Clément Dombry , Ana Ferreira

We characterize the second order subexponentiality of an infinitely divisible distribution on the real line under an exponential moment assumption. We investigate the asymptotic behaviour of the difference between the tails of an infinitely…

Probability · Mathematics 2020-01-30 Toshiro Watanabe

Models for extreme values are generally derived from limit results, which are meant to be good enough approximations when applied to finite samples. Depending on the speed of convergence of the process underlying the data, these…

Statistics Theory · Mathematics 2019-02-20 Thomas Lugrin , Anthony C. Davison , Jonathan A. Tawn

We investigate the use of optimization to compute bounds for extremal performance measures. This approach takes a non-parametric viewpoint that aims to alleviate the issue of model misspecification possibly encountered by conventional…

Methodology · Statistics 2017-11-03 Clementine Mottet , Henry Lam

A novel approach towards construction of absolutely continuous distributions over the unit interval is proposed. Considering two absolutely continuous random variables with positive support, this method conditions on their convolution to…

Statistics Theory · Mathematics 2021-01-13 Aniket Biswas , Subrata Chakraborty

The task of analyzing extreme events with censoring effects is considered under a framework allowing for random covariate information. A wide class of estimators that can be cast as product-limit integrals is considered, for when the…

Statistics Theory · Mathematics 2024-08-14 Martin Bladt , Christoffer Øhlenschlæger

Whether an extreme observation is an outlier or not, depends strongly on the corresponding tail behaviour of the underlying distribution. We develop an automatic, data-driven method to identify extreme tail behaviour that deviates from the…

Methodology · Statistics 2019-12-06 Shrijita Bhattacharya , Jan Beirlant

We establish the asymptotic distribution of likelihood ratio tests (LRTs) in settings where some of the nuisance parameters are unidentifiable under the null hypothesis, parameters of interest lie on the boundary of the parameter space, and…

Statistics Theory · Mathematics 2026-05-13 Karl Oskar Ekvall , Ola Hössjer , Matteo Bottai , J. M. Patrik Albin

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