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We study the extremal processes through Feller semigroups theory from which it is possible to observe some parallelism with subordinators. Consequently, we observe that an extremal process possesses concepts analogous to those of Laplace…

Probability · Mathematics 2023-06-22 Ulises Pérez Cendejas

In various applications of heavy-tail modelling, the assumed Pareto behavior is tempered ultimately in the range of the largest data. In insurance applications, claim payments are influenced by claim management and claims may for instance…

Statistics Theory · Mathematics 2020-09-29 Jose Carlos Araujo Acuna , Hansjoerg Albrecher , Jan Beirlant

For extreme value estimation we propose to use a model with a Dirichlet process mixture of gamma densities in the center and generalized Pareto densities for the tails. Due to the randomness in the center and a heavy tailed density in the…

Methodology · Statistics 2013-04-01 Jairo Fuquene

We analyze the threshold network model in which a pair of vertices with random weights are connected by an edge when the summation of the weights exceeds a threshold. We prove some convergence theorems and central limit theorems on the…

Probability · Mathematics 2007-05-23 Norio Konno , Naoki Masuda , Rahul Roy , Anish Sarkar

In extreme value analysis, sensitivity of inference to the definition of extreme event is a paramount issue. Under the peaks-over-threshold (POT) approach, this translates directly into the need of fitting a Generalized Pareto distribution…

Methodology · Statistics 2020-09-01 Jessica Silva Lomba , Maria Isabel Fraga Alves

Classical peaks over threshold analysis is widely used for statistical modeling of sample extremes, and can be supplemented by a model for the sizes of clusters of exceedances. Under mild conditions a compound Poisson process model allows…

Applications · Statistics 2016-08-14 Mária Süveges , Anthony C. Davison

We propose a new model and estimation framework for spatiotemporal streamflow exceedances above a threshold that flexibly captures asymptotic dependence and independence in the tail of the distribution. We model streamflow using a mixture…

Methodology · Statistics 2026-02-19 Ryan Li , Emily C. Hector , Brian J. Reich , Reetam Majumder

This topic review communicates working experiences regarding interaction of a multiplicity of processes. Our experiences come from climate change modelling, materials science, cell physiology and public health, and macroeconomic modelling.…

General Economics · Economics 2020-02-07 Bernhelm Booss-Bavnbek , Rasmus Kristoffer Pedersen , Ulf Rørbæk Pedersen

We propose threshold diffusion processes as unique solutions to stochastic differential equations with step-function coefficients, and obtain explicit expressions for the conditional Laplace transform of the hitting times and the potential…

Probability · Mathematics 2025-08-26 Lina Ji , Chuyang Li , Xiaowen Zhou

Since many environmental processes such as heat waves or precipitation are spatial in extent, it is likely that a single extreme event affects several locations and the areal modelling of extremes is therefore essential if the spatial…

Methodology · Statistics 2012-08-28 Clément Dombry , Frédéric Éyi-Minko , Mathieu Ribatet

Graphical models in extremes have emerged as a diverse and quickly expanding research area in extremal dependence modeling. They allow for parsimonious statistical methodology and are particularly suited for enforcing sparsity in…

Methodology · Statistics 2024-02-06 Sebastian Engelke , Manuel Hentschel , Michaël Lalancette , Frank Röttger

The extremogram, proposed by Davis and Mikosch (2008), is a useful tool for measuring extremal dependence and checking model adequacy in a time series. We define the extremogram in the spatial domain when the data is observed on a lattice…

Statistics Theory · Mathematics 2015-06-09 Yongbum Cho , Richard A. Davis , Souvik Ghosh

We introduce a broad class of models called semiparametric spatial point process for making inference between spatial point patterns and spatial covariates. These models feature an intensity function with both parametric and nonparametric…

Methodology · Statistics 2025-09-24 Xindi Lin , Bumjun Park , Christopher Zahasky , Hyunseung Kang

We develop new flexible univariate models for light-tailed and heavy-tailed data, which extend a hierarchical representation of the generalized Pareto (GP) limit for threshold exceedances. These models can accommodate departure from…

Methodology · Statistics 2020-09-14 Rishikesh Yadav , Raphaël Huser , Thomas Opitz

This article summarises the methods used by the team ``Ca' Foscari" for the EVA 2025 Data Challenge. The questions of the challenge concern the estimation of exceedance probabilities across several locations. Rather than modelling the…

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

The Commission of the European Union, as well the United States Environmental Protection Agency, have set limit values for some pollutants in the ambient air that have been shown to have adverse effects on human and environmental health. It…

Applications · Statistics 2009-01-30 Dana Draghicescu , Rosaria Ignaccolo

Optimization problems have been the subject of statistical physics approximations. A specially relevant and general scenario is provided by optimization methods considering tradeoffs between cost and efficiency, where optimal solutions…

Statistical Mechanics · Physics 2015-09-16 Luís F. Seoane , Ricard V. Solé

Models for extreme values accommodating non-stationarity have been amply studied and evaluated from a parametric perspective. Whilst these models are flexible, in the sense that many parametrizations can be explored, they assume an…

Applications · Statistics 2022-02-16 Evandro Konzen , Claudia Neves , Philip Jonathan

Extreme value theory offers a statistical framework for quantifying the risk of rare events, with the generalized Pareto (GP) distribution providing the canonical limit model for univariate threshold exceedances. In many applications,…

Methodology · Statistics 2026-04-15 Mirco Lescart , Anna Kiriliouk , Philippe Naveau