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We consider the problem of decision-making with side information and unbounded loss functions. Inspired by probably approximately correct learning model, we use a slightly different model that incorporates the notion of side information in…

Machine Learning · Computer Science 2007-07-13 Majid Fozunbal , Ton Kalker

A tail empirical process for heavy-tailed and right-censored data is introduced and its Gaussian approximation is established. In this context, a (weighted) new Hill-type estimator for positive extreme value index is proposed and its…

Statistics Theory · Mathematics 2018-02-06 Brahim Brahimi , Djamel Meraghni , Abdelhakim Necir , Louiza Soltane

Let $X(t),t\in R^d$ be a centered Gaussian random field with continuous trajectories and set $\xi_u(t)= X(f(u)t),t\in R^d$ with $f$ some positive function. Classical results establish the tail asymptotics of $P\{ \Gamma(\xi_u) > u\}$ as…

Probability · Mathematics 2017-06-09 Krzysztof Dȩbicki , Enkelejd Hashorva , Peng Liu

In this paper we present a tail inequality for the maximum of partial sums of a weakly dependent sequence of random variables that are not necessarily bounded. The class considered includes geometrically and subgeometrically strongly mixing…

Probability · Mathematics 2009-02-04 Florence Merlevède , Magda Peligrad , Emmanuel Rio

Tail dependence refers to clustering of extreme events. In the context of financial risk management, the clustering of high-severity risks has a devastating effect on the well-being of firms and is thus of pivotal importance in risk…

Applications · Statistics 2016-07-19 Edward Furman , Alexey Kuznetsov , Jianxi Su , Ricardas Zitikis

Using terminologies of information geometry, we derive upper and lower bounds of the tail probability of the sample mean. Employing these bounds, we obtain upper and lower bounds of the minimum error probability of the 2nd kind of error…

Statistics Theory · Mathematics 2024-09-10 Shun Watanabe , Masahito Hayashi

Despite the ubiquitous use of stochastic optimization algorithms in machine learning, the precise impact of these algorithms and their dynamics on generalization performance in realistic non-convex settings is still poorly understood. While…

Machine Learning · Statistics 2022-07-12 Liam Hodgkinson , Umut Şimşekli , Rajiv Khanna , Michael W. Mahoney

We establish upper and lower bounds with matching leading terms for tails of weighted sums of two-sided exponential random variables. This extends Janson's recent results for one-sided exponentials.

Probability · Mathematics 2025-01-28 Jiawei Li , Tomasz Tkocz

At high levels, the asymptotic distribution of a stationary, regularly varying Markov chain is conveniently given by its tail process. The latter takes the form of a geometric random walk, the increment distribution depending on the sign of…

Methodology · Statistics 2014-12-11 Holger Drees , Johan Segers , Michał Warchoł

In this paper we derive tail bounds on the norms of random submatrices with non-uniformly distributed supports. We apply these results to sparse approximation and conduct an analysis of the average case performance of thresholding,…

Probability · Mathematics 2020-12-04 Simon Ruetz , Karin Schnass

This work prepares new probability bounds for sums of random, independent, Hermitian tensors. These probability bounds characterize large-deviation behavior of the extreme eigenvalue of the sums of random tensors. We extend Lapalace…

Probability · Mathematics 2021-01-01 Shih Yu Chang

For a stochastic process $\{X_t\}_{t \in T}$ with identical one-dimensional margins and upper endpoint $\tau_{\text{up}}$ its tail correlation function (TCF) is defined through $\chi^{(X)}(s,t) = \lim_{\tau \to \tau_{\text{up}}} P(X_s >…

Probability · Mathematics 2016-03-25 Ulf-Rainer Fiebig , Kirstin Strokorb , Martin Schlather

The tail process $\boldsymbol{Y}=(Y_{\boldsymbol{i}})_{\boldsymbol{i}\in\mathbb{Z}^d}$ of a stationary regularly varying random field $\boldsymbol{X}=(X_{\boldsymbol{i}})_{\boldsymbol{i}\in\mathbb{Z}^d}$ represents the asymptotic local…

Probability · Mathematics 2023-03-15 Hrvoje Planinić

We obtain an uniform tail estimates for natural normed sums of independent random variables (r.v.) with regular varying tails of distributions. We give also many examples on order to show the exactness of offered estimates and discuss some…

Probability · Mathematics 2012-06-22 E. Ostrovsky , L. Sirota

In the paper we propose some new class of functions which is used to construct tail index estimators. Functions from this new class is non-monotone in general, but presents a product of two monotone functions: the power function and the…

Statistics Theory · Mathematics 2015-01-06 Vygantas Paulauskas , Marijus Vaičiulis

Many management decisions involve accumulated random realizations for which only the first and second moments of their distribution are available. The sharp Chebyshev-type bound for the tail probability and Scarf bound for the expected loss…

Econometrics · Economics 2025-05-15 Zhaolin Li , Artem Prokhorov

The goal of this paper is an exhaustive investigation of the link between the tail measure of a regularly varying time series and its spectral tail process, independently introduced in Owada and Samorodnitsky (2012) and Basrak and Segers…

Probability · Mathematics 2018-07-17 Clément Dombry , Enkelejd Hashorva , Philippe Soulier

We provide new, mild conditions for strict stationarity and ergodicity of a class of BEKK processes. By exploiting that the processes can be represented as multivariate stochastic recurrence equations, we characterize the tail behavior of…

Statistics Theory · Mathematics 2019-02-25 Muneya Matsui , Rasmus Søndergaard Pedersen

We derive some key extremal features for $k$th order Markov chains that can be used to understand how the process moves between an extreme state and the body of the process. The chains are studied given that there is an exceedance of a…

Statistics Theory · Mathematics 2023-01-27 Ioannis Papastathopoulos , Adrian Casey , Jonathan A. Tawn

In the world of multivariate extremes, estimation of the dependence structure still presents a challenge and an interesting problem. A procedure for the bivariate case is presented that opens the road to a similar way of handling the…

Statistics Theory · Mathematics 2008-11-14 John H. J. Einmahl , Andrea Krajina , Johan Segers