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In this paper we consider the estimation problem for high quantiles of a heavy-tailed distribution from block data when only a few largest values are observed within blocks. We propose estimators for high quantiles and prove that these…

统计理论 · 数学 2023-06-27 Yongcheng Qi , Mengzi Xie , Jingping Yang

We use bias-reduced estimators of high quantiles, of heavy-tailed distributions, to introduce a new estimator of the mean in the case of infinite second moment. The asymptotic normality of the proposed estimator is established and checked,…

统计方法学 · 统计学 2014-05-09 Brahim Brahimi , Djamel Meraghni , Abdelhakim Necir , Djabrane Yahia

A notoriously difficult challenge in extreme value theory is the choice of the number $k\ll n$, where $n$ is the total sample size, of extreme data points to consider for inference of tail quantities. Existing theoretical guarantees for…

其他统计学 · 统计学 2025-05-30 Johannes Lederer , Anne Sabourin , Mahsa Taheri

Estimating the tail index parameter is one of the primal objectives in extreme value theory. For heavy-tailed distributions the Hill estimator is the most popular way to estimate the tail index parameter. Improving the Hill estimator was…

统计方法学 · 统计学 2018-06-05 László Németh , András Zempléni

This paper considers estimation and inference about tail features when the observations beyond some threshold are censored. We first show that ignoring such tail censoring could lead to substantial bias and size distortion, even if the…

计量经济学 · 经济学 2020-02-25 Yulong Wang , Zhijie Xiao

This work deals with the estimation of the extreme value index and extreme quantiles for heavy tailed data,randomly right truncated by another heavy tailed variable. Under mild assumptions and the condition thatthe truncated variable is…

统计理论 · 数学 2015-07-16 Julien Worms , Rym Worms

We introduce a trimmed version of the Hill estimator for the index of a heavy-tailed distribution, which is robust to perturbations in the extreme order statistics. In the ideal Pareto setting, the estimator is essentially finite-sample…

统计方法学 · 统计学 2018-08-24 Shrijita Bhattacharya , Michael Kallitsis , Stilian Stoev

In this paper, we propose an estimator of the second-order parameter of randomly right-truncated Pareto-type distributions data and establish its consistency and asymptotic normality. Moreover, we derive an asymptotically unbiased estimator…

统计理论 · 数学 2016-10-21 Nawel Haouas , Abdelhakim Necir , Brahim Brahimi

The problem of estimating the tail index from truncated data is addressed in Chakrabarty and Samorodnitsky (2009). In that paper, a sample based (and hence random) choice of k is suggested, and it is shown that the choice leads to a…

统计理论 · 数学 2010-09-23 Arijit Chakrabarty

A new approach based on censoring and moment criterion is introduced for parameter estimation of count distributions when the probability generating function is available even though a closed form of the probability mass function and/or…

统计理论 · 数学 2024-09-18 Antonio Di Noia , Marzia Marcheselli , Caterina Pisani , Luca Pratelli

We consider removing lower order statistics from the classical Hill estimator in extreme value statistics, and compensating for it by rescaling the remaining terms. Trajectories of these trimmed statistics as a function of the extent of…

统计方法学 · 统计学 2020-06-30 Martin Bladt , Hansjoerg Albrecher , Jan Beirlant

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…

统计方法学 · 统计学 2023-05-23 Bikramjit Das

Threshold selection plays a key role for various aspects of statistical inference of rare events. Most classical approaches tackling this problem for heavy-tailed distributions crucially depend on tuning parameters or critical values to be…

统计方法学 · 统计学 2019-03-07 Laura Fee Schneider , Andrea Krajina , Tatyana Krivobokova

A new estimator is proposed for estimating the tail exponent of a heavy-tailed distribution. This estimator, referred to as the layered Hill estimator, is a generalization of the traditional Hill estimator, building upon a layered structure…

统计理论 · 数学 2026-04-20 Taegyu Kang , Takashi Owada

Let $X_{1},X_{2},...$ be a sequence of independent copies (s.i.c) of a real random variable (r.v.) $X\geq 1$, with distribution function $df$ $F(x)=\mathbb{P}% (X\leq x)$ and let $X_{1,n}\leq X_{2,n} \leq ... \leq X_{n,n}$ be the order…

统计方法学 · 统计学 2011-11-22 Gane Samb Lo , El Hadji Deme , Aliou Diop

The distributed Hill estimator is a divide-and-conquer algorithm for estimating the extreme value index when data are stored in multiple machines. In applications, estimates based on the distributed Hill estimator can be sensitive to the…

统计方法学 · 统计学 2021-12-21 Liujun Chen , Deyuan Li , Chen Zhou

Heavy tailed phenomena are naturally analyzed by extreme value statistics. A crucial step in such an analysis is the estimation of the extreme value index, which describes the tail heaviness of the underlying probability distribution. We…

统计理论 · 数学 2018-07-18 Hanan Ahmed , John H. J. Einmahl

We survey some of the recent advances in mean estimation and regression function estimation. In particular, we describe sub-Gaussian mean estimators for possibly heavy-tailed data both in the univariate and multivariate settings. We focus…

统计理论 · 数学 2019-06-12 Gabor Lugosi , Shahar Mendelson

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

In this paper, we consider the product-limit quantile estimator of an unknown quantile function under a censored dependent model. This is a parallel problem to the estimation of the unknown distribution function by the product-limit…

统计理论 · 数学 2008-12-17 V. Fakoor , N. Nakhaee Rad