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It is often reasonable to assume that the dependence structure of a bivariate continuous distribution belongs to the class of extreme-value copulas. The latter are characterized by their Pickands dependence function. In this paper, a…

Statistics Theory · Mathematics 2011-02-11 Christian Genest , Ivan Kojadinovic , Johanna Nešlehová , Jun Yan

We propose pair copula constructed point-optimal sign tests in the context of linear and nonlinear predictive regressions with endogenous, persistent regressors, and disturbances exhibiting serial (nonlinear) dependence. The proposed…

Econometrics · Economics 2021-11-10 Kaveh Salehzadeh Nobari

A new class of copulas based on order statistics was introduced by Baker (2008). Here, further properties of the bivariate and multivariate copulas are described, such as that of likelihood ratio dominance (LRD), and further bivariate…

Methodology · Statistics 2014-12-03 Rose Baker

Implicit copulas are the most common copula choice for modeling dependence in high dimensions. This broad class of copulas is introduced and surveyed, including elliptical copulas, skew $t$ copulas, factor copulas, time series copulas and…

Methodology · Statistics 2021-09-13 Michael Stanley Smith

Diagnostic test accuracy studies observe the result of a gold standard procedure that defines the presence or absence of a disease and the result of a diagnostic test. They typically report the number of true positives, false positives,…

Methodology · Statistics 2020-08-19 Aristidis K. Nikoloulopoulos

Most normality tests in the literature are performed for scalar and independent samples. Thus, they become unreliable when applied to colored processes, hampering their use in realistic scenarios.We focus on Mardia's multivariate kurtosis,…

Methodology · Statistics 2022-03-02 Sara Elbouch , Olivier Michel , Pierre Comon

This paper is concerned with testing and dating structural breaks in the dependence structure of multivariate time series. We consider a cumulative sum (CUSUM) type test for constant copula-based dependence measures, such as Spearman's rank…

Econometrics · Economics 2020-11-12 Florian Stark , Sven Otto

The empirical copula process plays a central role in the asymptotic analysis of many statistical procedures which are based on copulas or ranks. Among other applications, results regarding its weak convergence can be used to develop…

Statistics Theory · Mathematics 2014-11-24 Axel Bücher , Betina Berghaus , Stanislav Volgushev

Multi-agent imitation learning aims to train multiple agents to perform tasks from demonstrations by learning a mapping between observations and actions, which is essential for understanding physical, social, and team-play systems. However,…

Machine Learning · Computer Science 2021-07-13 Hongwei Wang , Lantao Yu , Zhangjie Cao , Stefano Ermon

We consider multivariate extreme value statistics for independent but nonidentically distributed random vectors. In particular, the data may have varying tail copulas and also heteroscedastic marginal distributions. Assuming smoothly…

Statistics Theory · Mathematics 2026-04-14 John H. J. Einmahl , Chen Zhou

Tests of equality of copulas between two samples are introduced and studied using the empirical Bernstein copula process. Three statistics are proposed and their asymptotic properties are established. Besides, a subsampling Bernstein…

Statistics Theory · Mathematics 2023-12-19 Guanjie Lyu , Mohamed Belalia

For purposes of Value-at-Risk estimation, we consider several multivariate families of heavy-tailed distributions, which can be seen as multidimensional versions of Paretian stable and Student's t distributions allowing different marginals…

Risk Management · Quantitative Finance 2011-12-20 Carlo Marinelli , Stefano d'Addona , Svetlozar T. Rachev

Used to estimate the risk of an estimator or to perform model selection, cross-validation is a widespread strategy because of its simplicity and its apparent universality. Many results exist on the model selection performances of…

Statistics Theory · Mathematics 2011-02-01 Sylvain Arlot , Alain Celisse

Bivariate meta-analysis provides a useful framework for combining information across related studies and has been utilised to combine evidence from clinical studies to evaluate treatment efficacy on two outcomes. It has also been used to…

Applications · Statistics 2022-05-20 Tasos Papanikos , John R Thompson , Keith R Abrams , Sylwia Bujkiewicz

The purpose of this paper is to describe and extend the use of the newly-introduced measure, residual estimation risk. Following the seminal work of Bignozzi and Tsanakas, the quantification of residual estimation risk is proposed in a…

Risk Management · Quantitative Finance 2026-03-19 D. J. Manuge

The R package robusTest offers corrected versions of several common tests in bivariate statistics. We point out the limitations of these tests in their classical versions, some of which are well known such as robustness or calibration…

Reliability (survival analysis, to biostatisticians) is a key ingredient for mak- ing decisions that mitigate the risk of failure. The other key ingredient is utility. A decision theoretic framework harnesses the two, but to invoke this…

Methodology · Statistics 2009-07-24 Nozer D. Singpurwalla

There are relatively few works dealing with conformal prediction for multi-task learning issues, and this is particularly true for multi-target regression. This paper focuses on the problem of providing valid (i.e., frequency calibrated)…

Machine Learning · Computer Science 2021-01-29 Soundouss Messoudi , Sébastien Destercke , Sylvain Rousseau

This article proposes a space-efficient approximation to empirical tail dependence coefficients of an indefinite bivariate stream of data. The approximation, which has stream-length invariant error bounds, utilises recent work on the…

Computation · Statistics 2019-09-17 Alastair Gregory , Kaushik Jana

We propose an approach to the aggregation of risks which is based on estimation of simple quantities (such as covariances) associated to a vector of dependent random variables, and which avoids the use of parametric families of copulae. Our…

Risk Management · Quantitative Finance 2009-12-10 Brice Franke , Michael Stolz