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Numerical evaluation of performance measures in heavy-tailed risk models is an important and challenging problem. In this paper, we construct very accurate approximations of such performance measures that provide small absolute and relative…

概率论 · 数学 2014-04-28 Eleni Vatamidou , Ivo J. B. F. Adan , Maria Vlasiou , Bert Zwart

We suggest approximating the distribution of the sum of independent and identically distributed random variables with a Pareto-like tail by combining extreme value approximations for the largest summands with a normal approximation for the…

概率论 · 数学 2018-02-05 Ulrich K. Mueller

The probability that the sum of independent, centered, identically distributed, heavy-tailed random variables achieves a very large value is asymptotically equal to the probability that there exists a single summand equalling that value. We…

概率论 · 数学 2024-02-15 Quirin Vogel

This paper investigates the decay rate of the probability that the row sum of a triangular array of truncated heavy tailed random variables is larger than an integer (k) times the truncating threshold, as both - the number of summands and…

概率论 · 数学 2017-03-21 Arijit Chakrabarty

We obtain concentration and large deviation for the sums of independent and identically distributed random variables with heavy-tailed distributions. Our concentration results are concerned with random variables whose distributions satisfy…

概率论 · 数学 2022-07-27 Milad Bakhshizadeh , Arian Maleki , Victor H. de la Pena

The extremal tail probabilities of moving sums in a marked Poisson random field is examined here. These sums are computed by adding up the weighted occurrences of events lying within a scanning set of fixed shape and size. Change of measure…

概率论 · 数学 2007-08-22 Hock Peng Chan

We establish sharp large deviation asymptotics for the maximum order statistic of independent and identically distributed heavy-tailed random variables, valid for all Borel subsets of the right tail. This result yields exact decay rates for…

概率论 · 数学 2026-01-09 José M. Zapata

We study large deviation probabilities for a sum of dependent random variables from a heavy-tailed factor model, assuming that the components are regularly varying. We identify conditions where both the factor and the idiosyncratic terms…

概率论 · 数学 2007-12-05 Boualem Djehiche , Jens Svensson

We develop an efficient simulation algorithm for computing the tail probabilities of the infinite series $S = \sum_{n \geq 1} a_n X_n$ when random variables $X_n$ are heavy-tailed. As $S$ is the sum of infinitely many random variables, any…

概率论 · 数学 2016-09-08 Henrik Hult , Sandeep Juneja , Karthyek Murthy

The sums and maxima of weighted non-stationary random length sequences of regularly varying random variables may have the same tail and extremal indices, Markovich and Rodionov (2020). The main constraints are that there exists a unique…

统计理论 · 数学 2022-09-20 Natalia Markovich

Stable subordinators, and more general subordinators possessing power law probability tails, have been widely used in the context of subdiffusions, where particles get trapped or immobile in a number of time periods, called constant…

统计理论 · 数学 2020-05-11 Phillip Kerger , Kei Kobayashi

We investigate a way of comparing and classifying tails of random variables. Our approach extends the notion of classical indices, such as exponential and moment indices, which are widely used measuring heaviness of tail functions. A…

概率论 · 数学 2013-10-07 Jaakko Lehtomaa

Heavy-tailed distributions are infamously difficult to estimate because their moments tend to infinity as the shape of the tail decay increases. Nevertheless, this study shows the utilization of a modified group of moments for estimating a…

统计方法学 · 统计学 2025-07-31 Amenah AL-Najafi , Ugur Tirnakli , Kenric P. Nelson

Programs with randomization constructs is an active research topic, especially after the recent introduction of martingale-based analysis methods for their termination and runtimes. Unlike most of the existing works that focus on proving…

计算机科学中的逻辑 · 计算机科学 2019-02-18 Satoshi Kura , Natsuki Urabe , Ichiro Hasuo

Empirical distributions have their in-sample maxima as natural censoring. We look at the "hidden tail", that is, the part of the distribution in excess of the maximum for a sample size of $n$. Using extreme value theory, we examine the…

统计金融 · 定量金融 2020-04-14 Nassim Nicholas Taleb

We propose an analytical approach to the computation of tail probabilities of compound distributions whose individual components have heavy tails. Our approach is based on the contour integration method, and gives rise to a representation…

计算金融 · 定量金融 2017-10-04 Igor Halperin

Variational inference has become one of the most widely used methods in latent variable modeling. In its basic form, variational inference employs a fully factorized variational distribution and minimizes its KL divergence to the posterior.…

机器学习 · 统计学 2020-01-29 Robert Bamler , Cheng Zhang , Manfred Opper , Stephan Mandt

The tail of the distribution of a sum of a random number of independent and identically distributed nonnegative random variables depends on the tails of the number of terms and of the terms themselves. This situation is of interest in the…

概率论 · 数学 2008-12-10 Christian Y. Robert , Johan Segers

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…

概率论 · 数学 2012-06-22 E. Ostrovsky , L. Sirota

We study randomly stopped sums via their asymptotic scales. First, finiteness of moments is considered. To generalise this study, asymptotic scales applicable to the class of all heavy-tailed random variables are used. The stopping is…

概率论 · 数学 2014-05-12 Jaakko Lehtomaa
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