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Related papers: Extremes and regular variation

200 papers

Extremal dependence between international stock markets is of particular interest in today's global financial landscape. However, previous studies have shown this dependence is not necessarily stationary over time. We concern ourselves with…

Statistical Finance · Quantitative Finance 2017-09-06 Daniela Castro Camilo , Miguel de Carvalho , Jennifer Wadsworth

In multivariate extreme value theory (MEVT), the focus is on analysis outside of the observable sampling zone, which implies that the region of interest is associated to high risk levels. This work provides tools to include directional…

Applications · Statistics 2018-12-05 Raúl Torres , Elena Di Bernardino , Henry Laniado , Rosa E. Lillo

We discuss $p$-variation regularity of real-valued functions defined on $[0,T]^2$, based on rectangular increments. When $p>1$, there are two slightly different notions of $p$-variation; both of which are useful in the context of Gaussian…

Probability · Mathematics 2011-02-23 Peter Friz , Nicolas Victoir

In this paper we provide a connection between the geometrical properties of a chaotic dynamical system and the distribution of extreme values. We show that the extremes of so-called physical observables are distributed according to the…

Statistical Mechanics · Physics 2015-06-12 Valerio Lucarini , Tobias Kuna , Davide Faranda , Jeroen Wouters

We define the class of multivariate group entropies as a novel set of information - theoretical measures, which extends significantly the family of group entropies. We propose new examples related to the "super-exponential" universality…

Mathematical Physics · Physics 2020-12-03 Piergiulio Tempesta

This paper unifies and extends results on a class of multivariate Extreme Value (EV) models studied by Hougaard, Crowder, and Tawn. In these models both unconditional and conditional distributions are EV, and all lower-dimensional marginals…

Methodology · Statistics 2013-09-30 Anne-Laure Fougères , John P. Nolan , Holger Rootzén

The classical random matrix theory is mostly focused on asymptotic spectral properties of random matrices as their dimensions grow to infinity. At the same time many recent applications from convex geometry to functional analysis to…

Functional Analysis · Mathematics 2014-03-05 Mark Rudelson , Roman Vershynin

Identifying directions where extreme events occur is a major challenge in multivariate extreme value analysis. In this paper, we use the concept of sparse regular variation introduced by Meyer and Wintenberger (2021)} to infer the tail…

Statistics Theory · Mathematics 2023-01-09 Nicolas Meyer , Olivier Wintenberger

The problem of inferring the distribution of a random vector given that its norm is large requires modeling a homogeneous limiting density. We suggest an approach based on graphical models which is suitable for high-dimensional vectors. We…

Probability · Mathematics 2022-12-20 Adrien Hitz , Robin Evans

We define the extremal length of elements of the fundamental group of the twice punctured complex plane and give upper and lower bounds for this invariant. The bounds differ by a multiplicative constant. The main motivation comes from…

Complex Variables · Mathematics 2017-03-16 Burglind Jöricke

Numerical climate models are complex and combine a large number of physical processes. They are key tools in quantifying the relative contribution of potential anthropogenic causes (e.g., the current increase in greenhouse gases) on high…

Applications · Statistics 2020-05-19 Anna Kiriliouk , Philippe Naveau

In ergodic physical systems, time-averaged quantities converge (for large times) to their ensemble-averaged values. Large deviation theory describes rare events where these time averages differ significantly from the corresponding ensemble…

Statistical Mechanics · Physics 2020-05-20 Robert L. Jack

The paper considers estimates for some sums and products of functions of prime numbers. Several assertions on this topic have been proven. We also study extremal estimates for strongly additive and strongly multiplicative arithmetic…

General Mathematics · Mathematics 2023-01-19 Victor Volfson

Probability boxes, also known as $p$-boxes, correspond to sets of probability distributions bounded by a pair of distribution functions. They fall into the class of models known as imprecise probabilities. One of the central questions…

Probability · Mathematics 2025-10-28 Damjan Škulj

Extreme events gain the attention of researchers due to their utmost importance in various contexts ranging from finance to climatology. This brings such recurrent events to the limelight of attention in interdisciplinary research. A…

Data Analysis, Statistics and Probability · Physics 2022-05-18 Sayantan Nag Chowdhury , Arnob Ray , Syamal K. Dana , Dibakar Ghosh

The risk of occurrence of atypical phenomena is a cross-cutting concern in several areas, such as engineering, climatology, finance, actuarial, among others. Extreme value theory is the natural tool to approach this theme. Many of these…

Statistics Theory · Mathematics 2020-07-09 Marta Ferreira , Ana Paula Martins , Helena Ferreira

We define a new class of positive and Lebesgue measurable functions in terms of their asymptotic behavior, which includes the class of regularly varying functions. We also characterize it by transformations, corresponding to generalized…

Probability · Mathematics 2014-12-02 Meitner Cadena , Marie Kratz

We consider epimorphisms and several variant notions -- split, effective, regular, strong, and extremal -- and determine which of these coincide in the metric coarse and coarsely Lipschitz categories. In particular, we characterise extremal…

Metric Geometry · Mathematics 2025-12-16 Robert Tang

The purpose of this paper is to illustrate new techniques for computing multiday extreme precipitation taken from recent theoretical advancements in extreme value theory in the framework of dynamical systems, using historical precipitation…

Dynamical Systems · Mathematics 2024-03-18 Ruethaichanok Kardkasem , Meagan Carney

Detecting anomalies in a temporal sequence of graphs can be applied is areas such as the detection of accidents in transport networks and cyber attacks in computer networks. Existing methods for detecting abnormal graphs can suffer from…

Machine Learning · Computer Science 2025-02-03 Sevvandi Kandanaarachchi , Conrad Sanderson , Rob J. Hyndman