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We consider a model for multivariate data with heavy-tailed marginal distributions and a Gaussian dependence structure. The different marginals in the model are allowed to have non-identical tail behavior in contrast to most popular…

Methodology · Statistics 2023-05-23 Bikramjit Das

Our goal is to develop a Bayesian model averaging technique in linear regression models that accommodates heavier tailed error densities than the normal distribution. Motivated by the use of the Huber loss function in the presence of…

Methodology · Statistics 2024-11-26 Shamriddha De , Joyee Ghosh

The probability and structure of co-occurrences of extreme values in multivariate data may critically depend on auxiliary information provided by covariates. In this contribution, we develop a flexible generalized additive modeling…

Methodology · Statistics 2018-02-06 Linda Mhalla , Thomas Opitz , Valérie Chavez-Demoulin

``Localization'' has proven to be a valuable tool in the Statistical Learning literature as it allows sharp risk bounds in terms of the problem geometry. Localized bounds seem to be much less exploited in the Stochastic Optimization…

Optimization and Control · Mathematics 2023-03-30 Roberto I. Oliveira , Philip Thompson

q-Gaussian distribution appear in many science areas where we can find systems that could be described within a nonextensive framework. Usually, a way to assert that these systems belongs to nonextensive framework is by means of numerical…

Data Analysis, Statistics and Probability · Physics 2017-03-21 Wagner S. de Lima , Emerson L. de Santa Helena

Ex ante forecast outcomes should be interpreted as counterfactuals (potential histories), with errors as the spread between outcomes. Reapplying measurements of uncertainty about the estimation errors of the estimation errors of an…

Risk Management · Quantitative Finance 2012-09-12 Nassim N. Taleb

We generalize a famous tail Doob's inequality, relative two non-negative random variables, arising in the martingale theory, in two directions: on the more general source data and on the random variables belonging to the so-called Grand…

Probability · Mathematics 2022-06-03 M. R. Formica , E. Ostrovsky , L. Sirota

We consider the estimation of small probabilities or other risk quantities associated with rare but catastrophic events. In the model-based literature, much of the focus has been devoted to efficient Monte Carlo computation or analytical…

Statistics Theory · Mathematics 2024-01-02 Zhiyuan Huang , Henry Lam , Zhenyuan Liu

The minimax risk is often considered as a gold standard against which we can compare specific statistical procedures. Nevertheless, as has been observed recently in robust and heavy-tailed estimation problems, the inherent reduction of the…

Statistics Theory · Mathematics 2024-07-08 Tianyi Ma , Kabir A. Verchand , Richard J. Samworth

Upper limits and confidence intervals are a convenient way to present experimental results. With modern experiments producing more and more data, it is often necessary to reduce the volume of the results for convenient distribution. A…

General Relativity and Quantum Cosmology · Physics 2024-10-02 Vladimir Dergachev

In this paper, we derive a necessary and sufficient condition on the parameters of the Hypergeometric distribution for weak convergence to a Normal limit. We establish a Berry-Esseen theorem for the Hypergeometric distribution solely under…

Probability · Mathematics 2007-06-13 Soumendra N. Lahiri , A. Chatterjee , T. Maiti

We propose a way to construct fiducial distributions for a multidimensional parameter using a step-by-step conditional procedure related to the inferential importance of the components of the parameter. For discrete models, in which the…

Statistics Theory · Mathematics 2016-12-07 Piero Veronese , Eugenio Melilli

This paper is devoted to the problem of determining the concentration bounds that are achievable in non-parametric regression. We consider the setting where features are supported on a bounded subset of $\mathbb{R}^d$, the regression…

Statistics Theory · Mathematics 2024-12-02 Anna Ben-Hamou , Arnaud Guyader

We provide finite-sample distribution approximations, that are uniform in the parameter, for inference in linear mixed models. Focus is on variances and covariances of random effects in cases where existing theory fails because their…

Statistics Theory · Mathematics 2025-07-29 Karl Oskar Ekvall , Matteo Bottai

How can we draw trustworthy scientific conclusions? One criterion is that a study can be replicated by independent teams. While replication is critically important, it is arguably insufficient. If a study is biased for some reason and other…

Methodology · Statistics 2025-02-06 Yujin Jeong , Dominik Rothenhäusler

In several applications, ultimately at the largest data, truncation effects can be observed when analysing tail characteristics of statistical distributions. In some cases truncation effects are forecasted through physical models such as…

Methodology · Statistics 2017-05-17 Jan Beirlant , Isabel Fraga Alves , Tom Reynkens

Recently, the concept of tail dependence has been discussed in financial applications related to market or credit risk. The multivariate extreme value theory is a proper tool to measure and model dependence, for example, of large loss…

Applications · Statistics 2011-09-27 Marta Ferreira

Risk measures, which typically evaluate the impact of extreme losses, are highly sensitive to misspecification in the tails. This paper studies a robust optimization approach to combat tail uncertainty by proposing a unifying framework to…

Optimization and Control · Mathematics 2024-12-09 Guanyu Jin , Roger J. A. Laeven , Dick den Hertog , Aharon Ben-Tal

This thesis evaluates most of the extreme mixture models and methods that have appended in the literature and implements them in the context of finance and insurance. The paper also reviews and studies extreme value theory, time series,…

General Economics · Economics 2024-07-09 Yujuan Qiu

We prove an extension of McDiarmid's inequality for metric spaces with unbounded diameter. To this end, we introduce the notion of the {\em subgaussian diameter}, which is a distribution-dependent refinement of the metric diameter. Our…

Probability · Mathematics 2013-09-12 Aryeh Kontorovich
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