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Related papers: Extremes and regular variation

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Being the limits of copulas of componentwise maxima in independent random samples, extreme-value copulas can be considered to provide appropriate models for the dependence structure between rare events. Extreme-value copulas not only arise…

Statistics Theory · Mathematics 2009-12-07 Gordon Gudendorf , Johan Segers

Fluctuations of global additive quantities, like total energy or magnetization for instance, can in principle be described by statistics of sums of (possibly correlated) random variables. Yet, it turns out that extreme values (the largest…

Statistical Mechanics · Physics 2008-11-18 Maxime Clusel , Eric Bertin

Motivated by the increasing availability of data of functional nature, we develop a general probabilistic and statistical framework for extremes of regularly varying random elements $X$ in $L^2[0,1]$. We place ourselves in a…

Statistics Theory · Mathematics 2023-08-03 Stephan Clémençon , Nathan Huet , Anne Sabourin

In a wide variety of situations, anomalies in the behaviour of a complex system, whose health is monitored through the observation of a random vector X = (X1,. .. , X d) valued in R d , correspond to the simultaneous occurrence of extreme…

Methodology · Statistics 2019-07-18 Maël Chiapino , Stéphan Clémençon , Vincent Feuillard , Anne Sabourin

The classical multivariate extreme-value theory concerns the modeling of extremes in a multivariate random sample, suggesting the use of max-stable distributions. In this work, the classical theory is extended to the case where aggregated…

Methodology · Statistics 2020-03-12 Enkelejd Hashorva , Simone A. Padoan , Stefano Rizzelli

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

We introduce general regular variation, a theory of regular variation containing the existing Karamata, Bojanic-Karamata/de Haan and Beurling theories as special cases. The unifying theme is the Popa groups of our title viewed as locally…

Classical Analysis and ODEs · Mathematics 2019-01-21 N. H. Bingham , A. J. Ostaszewski

The univariate extreme value theory deals with the convergence in type of powers of elements of sequences of cumulative distribution functions on the real line when the power index gets infinite. In terms of convergence of random variables,…

Probability · Mathematics 2018-10-04 Gane Samb Lo , Modou Ngom , Tchilabola Abozou Kpanzou , Mouminou Diallo

In this sequel to arXiv1407.4089 by the second author, we extend to multi-dimensional (or infinite-dimensional) settings the Goldie equation arising in the general regular variation of `General regular variation, Popa groups and quantifier…

Classical Analysis and ODEs · Mathematics 2024-05-24 N. H. Bingham , A. J. Ostaszewski

We study analytically and numerically the extreme value distribution of observables defined along the temporal evolution of a dynamical system. The convergence to the Gumbel law of observable recurrences gives information on the fractal…

Dynamical Systems · Mathematics 2020-12-02 Théophile Caby , Davide Faranda , Sandro Vaienti , Pascal Yiou

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

Extreme value statistics provides accurate estimates for the small occurrence probabilities of rare events. While theory and statistical tools for univariate extremes are well-developed, methods for high-dimensional and complex data sets…

Methodology · Statistics 2021-01-06 Sebastian Engelke , Jevgenijs Ivanovs

The main objective of this paper is to develop extreme value theory for $\vartheta$-expansions. We establish the limit distribution of the maximum value in a $\vartheta$-continued fraction mixing stationary stochastic process, along with…

Probability · Mathematics 2025-11-04 Gabriela Ileana Sebe , Dan Lascu , Bilel Selmi

We establish a theory for multivariate extreme value analysis of dynamical systems. Namely, we provide conditions adapted to the dynamical setting which enable the study of dependence between extreme values of the components of…

Dynamical Systems · Mathematics 2026-01-21 Romain Aimino , Ana Cristina Moreira Freitas , Jorge Milhazes Freitas , Mike Todd

Our contribution is to widen the scope of extreme value analysis applied to discrete-valued data. Extreme values of a random variable $X$ are commonly modeled using the generalized Pareto distribution, a method that often gives good results…

Statistics Theory · Mathematics 2017-07-18 Adrien Hitz , Richard Davis , Gennady Samorodnitsky

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 study the statistics of the maximum and minimum of a set of $N$ random variables whose dynamical and statistical properties fall within the scope of infinite ergodic theory. These non-stationary yet recurrent systems are described, in…

Statistical Mechanics · Physics 2026-03-09 Talia Baravi , Eli Barkai

Analysis of the rare and extreme values through statistical modeling is an important issue in economical crises, climate forecasting, and risk management of financial portfolios. Extreme value theory provides the probability models needed…

Methodology · Statistics 2017-02-15 Ali Reza Fotouhi

We re-consider Leadbetter's extremal index for stationary sequences. It has interpretation as reciprocal of the expected size of an extremal cluster above high thresholds. We focus on heavy-tailed time series, in particular on regularly…

Probability · Mathematics 2021-06-10 Gloria Buriticá , Meyer Nicolas , Thomas Mikosch , Olivier Wintenberger

In this article we show the relationship between the Pareto distribution and the gamma distribution. This shows that the second one, appropriately extended, explains some anomalies that arise in the practical use of extreme value theory.…

Statistics Theory · Mathematics 2012-11-02 Joan del castillo , Jalila Daoudi , Isabel Serra
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