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We consider a new approach in the definition of two-dimensional heavy-tailed distributions. Namely, we introduce the classes of two-dimensional long-tailed, of twodimensional dominatedly varying and of two-dimensional consistently varying…

概率论 · 数学 2025-06-25 Dimitrios G. Konstantinides , Charalampos D. Passalidis

In this paper, asymptotic behavior of convolution of distributions belonging to two subclasses of distributions with exponential tails are considered, respectively. The precise second-order tail asymptotics of the convolutions are derived…

概率论 · 数学 2015-05-22 Zuoxiang Peng , Xin Liao

We obtain a number of new general properties, related to the closedness of the class of long-tailed distributions under convolutions, that are of interest themselves and may be applied in many models that deal with "plus" and/or "max"…

概率论 · 数学 2015-11-24 Hui Xu , Sergey Foss , Yuebao Wang

We derive in this article the asymptotic behavior as well as non-asymptotical estimates of tail of distribution for self-normalized sums of random variables (r.v.) under natural classical norming. We investigate also the case of…

概率论 · 数学 2017-10-10 E. Ostrovsky , L. Sirota

This paper investigates tail asymptotics of stationary distributions and quasi-stationary distributions (QSDs) of continuous-time Markov chains on subsets of the non-negative integers. Based on the so-called flux-balance equation, we…

概率论 · 数学 2023-08-16 Chuang Xu , Mads Christian Hansen , Carsten Wiuf

We consider the sums $S_n=\xi_1+\cdots+\xi_n$ of independent identically distributed random variables. We do not assume that the $\xi$'s have a finite mean. Under subexponential type conditions on distribution of the summands, we find the…

概率论 · 数学 2013-03-20 D. Denisov , S. Foss , D. Korshunov

We present sharp tail asymptotics for the density and the distribution function of linear combinations of correlated log-normal random variables, that is, exponentials of components of a correlated Gaussian vector. The asymptotic behavior…

概率论 · 数学 2016-01-07 Archil Gulisashvili , Peter Tankov

We consider a family of multivariate distributions with heavy-tailed margins and the type I elliptical dependence structure. This class of risks is common in finance, insurance, environmental and biostatistic applications. We obtain the…

统计理论 · 数学 2024-05-01 Kai Wang , Chengxiu Ling

The multidimensional distributions with heavy tails attracted recently the attention of several papers on Applied Probability. However, the most of the works of the last decades are focused on multivariate regular variation, while the rest…

概率论 · 数学 2026-03-10 Dimitrios G. Konstantinides , Charalampos D. Passalidis

This paper investigates the asymptotic behavior of higher-order conditional tail moments, which quantify the contribution of individual losses in the event of systemic collapse. The study is conducted within a framework comprising two…

概率论 · 数学 2025-05-27 Zhangting Chen , Bingjie Wang , Dongya Cheng

We study the tail behavior of the distribution of the sum of asymptotically independent risks whose marginal distributions belong to the maximal domain of attraction of the Gumbel distribution. We impose conditions on the distribution of…

概率论 · 数学 2009-06-29 Abhimanyu Mitra , Sidney I. Resnick

This article studies asymptotic approximations of ruin probabilities of multivariate random walks with heavy-tailed increments. Under our assumptions, the distributions of the increments are closely connected to multivariate…

概率论 · 数学 2021-05-12 Miriam Hägele

We consider the multivariate risk model with common renewal process among the lines of business, and Brownian perturbations. Assuming that the integrated tail distribution of claims is multivariate subexponential, we establish an asymptotic…

概率论 · 数学 2026-02-24 Dimitrios G. Konstantinides

For a stochastic difference equation $D_n=A_nD_{n-1}+B_n$ which stabilises upon time we study tail distribution asymptotics of $D_n$ under the assumption that the distribution of $\log(1+|A_1|+|B_1|)$ is heavy-tailed, that is, all its…

概率论 · 数学 2020-07-28 Dmitry Korshunov

The non-asymptotic tail bounds of random variables play crucial roles in probability, statistics, and machine learning. Despite much success in developing upper bounds on tail probability in literature, the lower bounds on tail…

概率论 · 数学 2020-09-08 Anru R. Zhang , Yuchen Zhou

We use the properties of the Matuszewska indices to show asymptotic inequalities for hazard rates. We discuss the relation between membership in the classes of dominatedly or extended rapidly varying tail distributions and corresponding…

概率论 · 数学 2012-03-26 Anastasios G. Bardoutsos , Dimitrios G. Konstantinides

This paper is organized in three parts closely related to closure properties of heavy-tailed distributions and heavy-tailed random vectors. In the first part we consider two random variables X and Y with distributions F and G respectively.…

概率论 · 数学 2025-02-04 Dimitrios G. Konstantinides , Charalampos D. Passalidis

Motivated by a bidimensional discrete-time risk model in insurance, we study the second-order asymptotics for two kinds of tail probabilities of the stochastic discounted value of aggregate net losses including two business lines. These are…

概率论 · 数学 2025-01-22 Bingzhen Geng , Yang Liu , Shijie Wang

Convolutions of long-tailed and subexponential distributions play a major role in the analysis of many stochastic systems. We study these convolutions, proving some important new results through a simple and coherent approach, and showing…

概率论 · 数学 2017-11-29 Sergey Foss , Dmitry Korshunov , Stan Zachary

We establish some asymptotic expansions for infinite weighted convolution of distributions having regular varying tails. Various applications to statistics and probability are developed.

概率论 · 数学 2007-06-13 Ph. Barbe , W. P. McCormick
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