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Motivated by data on coauthorships in scientific publications, we analyze a team formation process that generalizes matching models and network formation models, allowing for overlapping teams of heterogeneous size. We apply different…

Theoretical Economics · Economics 2022-11-29 Leonardo Boncinelli , Alessio Muscillo , Paolo Pin

In recent years, parametric models for max-stable processes have become a popular choice for modeling spatial extremes because they arise as the asymptotic limit of rescaled maxima of independent and identically distributed random…

Methodology · Statistics 2025-05-14 Carolin Forster , Marco Oesting

The space-fractional and the time-fractional Poisson processes are two well-known models of fractional evolution. They can be constructed as standard Poisson processes with the time variable replaced by a stable subordinator and its…

Probability · Mathematics 2016-08-09 Luisa Beghin , Costantino Ricciuti

Environmental data science for spatial extremes has traditionally relied heavily on max-stable processes. Even though the popularity of these models has perhaps peaked with statisticians, they are still perceived and considered as the…

Methodology · Statistics 2024-02-01 Raphaël Huser , Thomas Opitz , Jennifer Wadsworth

Natural disasters may have considerable impact on society as well as on (re)insurance industry. Max-stable processes are ideally suited for the modeling of the spatial extent of such extreme events, but it is often assumed that there is no…

Probability · Mathematics 2015-07-29 Paul Embrechts , Erwan Koch , Christian Robert

We consider the random field M(t)=\sup_{n\geq 1}\big\{-\log A_{n}+X_{n}(t)\big\}\,,\qquad t\in T\, for a set $T\subset \mathbb{R}^{m}$, where $(X_{n})$ is an iid sequence of centered Gaussian random fields on $T$ and $0<A_{1}<A_{2}<\cdots $…

Probability · Mathematics 2018-03-28 Zhipeng Liu , Jose H. Blanchet , A. B. Dieker , Thomas Mikosch

This article presents a homogeneity test for testing the equality of several high-dimensional covariance matrices for stationary processes with ignoring the assumption of normality. We give the asymptotic distribution of the proposed test.…

Statistics Theory · Mathematics 2020-08-24 Abdullah Qayed , Dong Han

Aulbach et al. (2013) introduced a max-domain of attraction approach for extreme value theory in C[0,1] based on functional distribution functions, which is more general than the approach based on weak convergence in de Haan and Lin (2001).…

Probability · Mathematics 2014-12-12 Stefan Aulbach , Michael Falk , Martin Hofmann , Maximilian Zott

This article is devoted to some time-changed stochastic models based on multivariate stable processes. The considered models have several advantages in comparison with classical time-changed Brownian motions - for instance, it turns out…

Probability · Mathematics 2018-06-12 V. Panov , E. Samarin

Two integrable random vectors $\xi$ and $\xi^*$ in $\mathbb {R}^d$ are said to be zonoid equivalent if, for each $u\in \mathbb {R}^d$, the scalar products $\langle\xi,u\rangle$ and $\langle\xi^*,u\rangle$ have the same first absolute…

Probability · Mathematics 2014-07-03 Ilya Molchanov , Michael Schmutz , Kaspar Stucki

The tail correlation function (TCF) is one of the most popular bivariate extremal dependence measures that has entered the literature under various names. We study to what extent the TCF can distinguish between different classes of…

Probability · Mathematics 2014-02-20 Kirstin Strokorb , Felix Ballani , Martin Schlather

We introduce a new class of stochastic processes which are stationary, Markovian and characterized by an infinite range of time-scales. By transforming the Fokker-Planck equation of the process into a Schrodinger equation with an…

Statistical Mechanics · Physics 2007-05-23 Fabrizio Lillo , Salvatore Micciche' , Rosario N. Mantegna

The last decade has seen max-stable processes emerge as a common tool for the statistical modeling of spatial extremes. However, their application is complicated due to the unavailability of the multivariate density function, and so…

Methodology · Statistics 2009-02-23 Simone A. Padoan , Mathieu Ribatet , Scott A. Sisson

Let $X(t),t\in \mathbb{R}$ be a stochastically continuous stationary max-stable process with Fr\'{e}chet marginals $\Phi_\alpha, \alpha>0$ and set $M_X(T)=\sup_{t \in [0,T]} X(t),T>0$. In the light of the seminal articles [1,2], it follows…

Probability · Mathematics 2019-12-05 Krzysztof Debicki , Enkelejd Hashorva

The structure of stationary first order max-autoregressive schemes with max-semi-stable marginals is studied. A connection between semi-selfsimilar extremal processes and this max-autoregressive scheme is discussed resulting in their…

Probability · Mathematics 2007-08-09 S Satheesh , E Sandhya

Let $W_i,i\in{\mathbb{N}}$, be independent copies of a zero-mean Gaussian process $\{W(t),t\in{\mathbb{R}}^d\}$ with stationary increments and variance $\sigma^2(t)$. Independently of $W_i$, let $\sum_{i=1}^{\infty}\delta_{U_i}$ be a…

Probability · Mathematics 2009-09-25 Zakhar Kabluchko , Martin Schlather , Laurens de Haan

A multivariate, stationary time series is said to be jointly regularly varying if all its finite-dimensional distributions are multivariate regularly varying. This property is shown to be equivalent to weak convergence of the conditional…

Probability · Mathematics 2007-07-27 Bojan Basrak , Johan Segers

We revisit processes generated by iterated random functions driven by a stationary and ergodic sequence. Such a process is called strongly stable if a random initialization exists, for which the process is stationary and ergodic, and for…

Probability · Mathematics 2024-02-06 László Györfi , Attila Lovas , Miklós Rásonyi

Point processes are stochastic models generating interacting points or events in time, space, etc. Among characteristics of these models, first-order intensity and conditional intensity functions are often considered. We focus on…

Statistics Theory · Mathematics 2023-05-24 Jean-François Coeurjolly , Ismaïla Ba , Achmad Choiruddin

While max-stable processes are typically written as pointwise maxima over an infinite number of stochastic processes, in this paper, we consider a family of representations based on $\ell^p$ norms. This family includes both the construction…

Probability · Mathematics 2017-07-11 Marco Oesting