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In multivariate extreme value theory (MEVT), the focus is on analysis outside of the observable sampling zone, which implies that the region of interest is associated to high risk levels. This work provides tools to include directional…

Applications · Statistics 2018-12-05 Raúl Torres , Elena Di Bernardino , Henry Laniado , Rosa E. Lillo

The generalized extreme value (GEV) distribution is a popular model for analyzing and forecasting extreme weather data. To increase prediction accuracy, spatial information is often pooled via a latent Gaussian process (GP) on the GEV…

Methodology · Statistics 2024-05-20 Meixi Chen , Reza Ramezan , Martin Lysy

One of the main goal of extreme value analysis is to estimate the probability of rare events given a sample from an unknown distribution. The upper tail behavior of this distribution is described by the extreme value index. We present a new…

Probability · Mathematics 2007-05-23 Laurent Gardes , Stephane Girard

Statistical methods are proposed to select homogeneous locations when analyzing spatial block maxima data, such as in extreme event attribution studies. The methods are based on classical hypothesis testing using Wald-type test statistics,…

Methodology · Statistics 2023-01-18 Leandra Zanger , Axel Bücher , Frank Kreienkamp , Philip Lorenz , Jordis Tradowsky

Spatial modelling of extreme values allows studying the risk of joint occurrence of extreme events at different locations and is of significant interest in climatic and other environmental sciences. A popular class of dependence models for…

Methodology · Statistics 2026-02-11 Lorenzo Dell'Oro , Carlo Gaetan , Thomas Opitz

We develop a method for the evaluation of extreme event statistics associated with nonlinear dynamical systems, using a small number of samples. From an initial dataset of design points, we formulate a sequential strategy that provides the…

Machine Learning · Computer Science 2022-06-08 Mustafa A. Mohamad , Themistoklis P. Sapsis

Electrical grid congestion is a growing challenge in Europe, driving the need for accurate prediction of load, particularly of peak load. Non-time-resolved models of peak load offer the advantages of simplicity and compactness, and among…

Systems and Control · Electrical Eng. & Systems 2025-10-23 Shaohong Shi , Eric A. Cator , Jacco Heres , Simon H. Tindemans

The ultimate goal of the observation of nonthermal emission from astrophysical sources is to understand the underlying particle acceleration and evolution processes, and few tools are publicly available to infer the particle distribution…

High Energy Astrophysical Phenomena · Physics 2015-09-14 Víctor Zabalza

Dealing with biased data samples is a common task across many statistical fields. In survey sampling, bias often occurs due to unrepresentative samples. In causal studies with observational data, the treated versus untreated group…

Computation · Statistics 2019-07-29 Xiaojing Wang , Jingang Miao , Yunting Sun

Earth System Models (ESMs) are essential for understanding the interaction between human activities and the Earth's climate. However, the computational demands of ESMs often limit the number of simulations that can be run, hindering the…

Atmospheric and Oceanic Physics · Physics 2024-09-19 Seth Bassetti , Brian Hutchinson , Claudia Tebaldi , Ben Kravitz

We propose a tractable semiparametric estimation method for structural dynamic discrete choice models. The distribution of additive utility shocks in the proposed framework is modeled by location-scale mixtures of extreme value…

Econometrics · Economics 2023-08-15 Andriy Norets , Kenichi Shimizu

We study a convex optimization framework for bounding extreme events in nonlinear dynamical systems governed by ordinary or partial differential equations (ODEs or PDEs). This framework bounds from above the largest value of an observable…

Dynamical Systems · Mathematics 2021-06-25 Giovanni Fantuzzi , David Goluskin

We present dynesty, a public, open-source, Python package to estimate Bayesian posteriors and evidences (marginal likelihoods) using Dynamic Nested Sampling. By adaptively allocating samples based on posterior structure, Dynamic Nested…

Instrumentation and Methods for Astrophysics · Physics 2020-02-12 Joshua S Speagle

The Information Dynamics Toolkit xl (IDTxl) is a comprehensive software package for efficient inference of networks and their node dynamics from multivariate time series data using information theory. IDTxl provides functionality to…

We propose Variational Heteroscedastic Volatility Model (VHVM) -- an end-to-end neural network architecture capable of modelling heteroscedastic behaviour in multivariate financial time series. VHVM leverages recent advances in several…

Statistical Finance · Quantitative Finance 2022-04-13 Zexuan Yin , Paolo Barucca

The extreme value index (EVI) characterizes the tail behavior of a distribution and is crucial for extreme value theory. Inference on the EVI is challenging due to data scarcity in the tail region. We propose a novel method for constructing…

Methodology · Statistics 2025-12-15 Yiwei Tang , Judy Huixia Wang , Deyuan Li

Currently available models for spatial extremes suffer either from inflexibility in the dependence structures that they can capture, lack of scalability to high dimensions, or in most cases, both of these. We present an approach to spatial…

Methodology · Statistics 2022-06-17 Jennifer L. Wadsworth , Jonathan Tawn

The statistical theory of extremes is extended to observations that are non-stationary and not independent. The non-stationarity over time and space is controlled via the scedasis (tail scale) in the marginal distributions. Spatial…

Statistics Theory · Mathematics 2020-03-10 John H. J. Einmahl , Ana Ferreira , Laurens de Haan , Claudia Neves , Chen Zhou

This paper presents a new model for characterising temporal dependence in exceedances above a threshold. The model is based on the class of trawl processes, which are stationary, infinitely divisible stochastic processes. The model for…

Methodology · Statistics 2017-12-19 Ragnhild C. Noven , Almut E. D. Veraart , Axel Gandy

Numerical climate models are complex and combine a large number of physical processes. They are key tools in quantifying the relative contribution of potential anthropogenic causes (e.g., the current increase in greenhouse gases) on high…

Applications · Statistics 2020-05-19 Anna Kiriliouk , Philippe Naveau