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In this paper, we propose finite mixtures of multivariate skew Laplace distributions to model both skewness and heavy-tailedness in the heterogeneous data sets. The maximum likelihood estimators for the parameters of interest are obtained…

Statistics Theory · Mathematics 2017-02-03 Fatma Zehra Doğru , Y. Murat Bulut , Olcay Arslan

We propose a model-based geostatistical approach to deal with regionalized compositions. We combine the additive-log-ratio transformation with multivariate geostatistical models whose covariance matrix is adapted to take into account the…

In many random phenomena, such as life-testing experiments and environmental data (like rainfall data), there are often positive values and an excess of zeros, which create modeling challenges. In life testing, immediate failures result in…

Methodology · Statistics 2025-02-28 Shivshankar Nila , Ishapathik Das , N. Balakrishna

Spatial maps of extreme precipitation are a critical component of flood estimation in hydrological modeling, as well as in the planning and design of important infrastructure. This is particularly relevant in countries such as Norway that…

Applications · Statistics 2014-05-27 Anita V. Dyrrdal , Alex Lenkoski , Thordis L. Thorarinsdottir , Frode Stordal

Groundwater in the Densu Basin is increasingly threatened by heavy metal contamination, but conventional methods fail to capture the statistical complexity and spatial heterogeneity of pollution indicators. A key challenge is modelling the…

Machine Learning · Computer Science 2026-05-04 T. Ansah-Narh , G. Y. Afrifa , J. B. Tandoh , K. Asare , M. Addi , K. E. Yorke , D. M. A. Akpoley , K. Aidoo , S. K. Fosuhene

Since the extreme value index (EVI) controls the tail behaviour of the distribution function, the estimation of EVI is a very important topic in extreme value theory. Recent developments in the estimation of EVI along with covariates have…

Statistics Theory · Mathematics 2025-08-21 Takuma Yoshida

Conditional extreme value theory (EVT) methods promise enhanced forecasting of the extreme tail events that often dominate systemic risk. We present an improved two-tailed peaks-over-threshold (2T-POT) Hawkes model that is adapted for…

Statistical Finance · Quantitative Finance 2023-11-28 Matthew F. Tomlinson , David Greenwood , Marcin Mucha-Kruczynski

Estimation of extreme quantile regions, spaces in which future extreme events can occur with a given low probability, even beyond the range of the observed data, is an important task in the analysis of extremes. Existing methods to estimate…

Methodology · Statistics 2020-10-28 Boris Beranger , Simone A. Padoan , Scott A. Sisson

Mixed effect modeling for longitudinal data is challenging when the observed data are random objects, which are complex data taking values in a general metric space without linear structure. In such settings the classical additive error…

Methodology · Statistics 2023-07-13 Satarupa Bhattacharjee , Hans-Georg Müller

Fully describing the entire data set is essential in multivariate risk assessment, since moderate levels of one variable can influence another, potentially leading it to be extreme. Additionally, modelling both non-extreme and extreme…

Methodology · Statistics 2025-03-11 Lídia M. André , Jonathan A. Tawn

In regression models for spatial data, it is often assumed that the marginal effects of covariates on the response are constant over space. In practice, this assumption might often be questionable. In this article, we show how a Gaussian…

Methodology · Statistics 2020-11-13 Jakob A. Dambon , Fabio Sigrist , Reinhard Furrer

Flexible spatial models that allow transitions between tail dependence classes have recently appeared in the literature. However, inference for these models is computationally prohibitive, even in moderate dimensions, due to the necessity…

Statistics Theory · Mathematics 2020-12-03 Likun Zhang , Benjamin A. Shaby , Jennifer L. Wadsworth

nsEVDx is an open-source Python package for fitting stationary and nonstationary Extreme Value Distributions (EVDs) to extreme value data. It can be used to model extreme events in fields like hydrology, climate science, finance, and…

Computation · Statistics 2025-09-10 Nischal Kafle , Claudio I. Meier

Extreme quantile regression provides estimates of conditional quantiles outside the range of the data. Classical quantile regression performs poorly in such cases since data in the tail region are too scarce. Extreme value theory is used…

Methodology · Statistics 2022-12-22 Jasper Velthoen , Clément Dombry , Juan-Juan Cai , Sebastian Engelke

Multivariate extreme value distributions are a common choice for modelling multivariate extremes. In high dimensions, however, the construction of flexible and parsimonious models is challenging. We propose to combine bivariate max-stable…

Methodology · Statistics 2024-12-25 Shuang Hu , Zuoxiang Peng , Johan Segers

Hindcast or wave reanalysis databases (WRDB) constitute a powerful source with respect to instrumental records in the design of offshore and coastal structures, since they offer important advantages for the statistical characterization of…

Computational Engineering, Finance, and Science · Computer Science 2025-02-04 Roberto Minguez , Antonio Tomas , Fernando J. Mendez , Raul Medina

We search for the signature of universal properties of extreme events, theoretically predicted for Axiom A flows, in a chaotic and high dimensional dynamical system by studying the convergence of GEV (Generalized Extreme Value) and GP…

Chaotic Dynamics · Physics 2020-11-16 Vera Melinda Galfi , Tamas Bodai , Valerio Lucarini

Although the fundamental probabilistic theory of extremes has been well developed, there are many practical considerations that must be addressed in application. The contribution of this thesis is four-fold. The first concerns the choice of…

Methodology · Statistics 2016-11-28 Brian Bader

Modelling of precipitation and its extremes is important for urban and agriculture planning purposes. We present a method for producing spatial predictions and measures of uncertainty for spatio-temporal data that is heavy-tailed and…

Applications · Statistics 2014-11-19 Yang Liu , Philip Kokic

Extreme events over large spatial domains may exhibit highly heterogeneous tail dependence characteristics, yet most existing spatial extremes models yield only one dependence class over the entire spatial domain. To accurately characterize…

Methodology · Statistics 2025-11-14 Muyang Shi , Likun Zhang , Mark D. Risser , Benjamin A. Shaby
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