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Using an intrinsic approach, we study some properties of random fields which appear as tail fields of regularly varying stationary random fields. The index set is allowed to be a general locally compact Hausdorff Abelian group $\mathbb{G}$.…

概率论 · 数学 2023-01-11 Günter Last

We consider the clustering of extremes for stationary regularly varying random fields over arbitrary growing index sets. We study sufficient assumptions on the index set such that the limit of the point random fields of the exceedances…

概率论 · 数学 2022-02-23 Riccardo Passeggeri , Olivier Wintenberger

A network evolution with predicted tail and extremal indices of PageRank and the Max-Linear Model used as node influence indices in random graphs is considered. The tail index shows a heaviness of the distribution tail. The extremal index…

统计理论 · 数学 2022-11-28 Natalia Markovich

We introduce a new type of estimator for the spectral tail process of a regularly varying time series. The approach is based on a characterizing invariance property of the spectral tail process, which is incorporated into the new estimator…

统计理论 · 数学 2021-03-16 Holger Drees , Anja Janßen , Sebastian Neblung

The asymptotic results that underlie applications of extreme random fields often assume that the variables are located on a regular discrete grid, identified with $\mathbb{Z}^2$, and that they satisfy stationarity and isotropy conditions.…

概率论 · 数学 2015-09-03 Helena Ferreira , Luísa Pereira , Ana Paula Martins

We consider a stationary random field indexed by an increasing sequence of subsets of $\mathbb{Z}^d$ obeying a very broad geometrical assumption on how the sequence expands. Under certain mixing and local conditions, we show how the tail…

概率论 · 数学 2022-01-19 Anders Rønn-Nielsen , Mads Stehr

We derive some key extremal features for $k$th order Markov chains that can be used to understand how the process moves between an extreme state and the body of the process. The chains are studied given that there is an exceedance of a…

统计理论 · 数学 2023-01-27 Ioannis Papastathopoulos , Adrian Casey , Jonathan A. Tawn

An asymptotic model for extreme behavior of certain Markov chains is the "tail chain". Generally taking the form of a multiplicative random walk, it is useful in deriving extremal characteristics such as point process limits. We place this…

概率论 · 数学 2011-12-30 Sidney I. Resnick , David Zeber

In traditional extreme value analysis, the bulk of the data is ignored, and only the tails of the distribution are used for inference. Extreme observations are specified as values that exceed a threshold or as maximum values over distinct…

应用统计 · 统计学 2021-10-20 Mitchell Krock , Julie Bessac , Michael L. Stein , Adam H. Monahan

The goal of this paper is two-fold: 1. We review classical and recent measures of serial extremal dependence in a strictly stationary time series as well as their estimation. 2. We discuss recent concepts of heavy-tailed time series,…

统计理论 · 数学 2013-03-27 Richard A. Davis , Thomas Mikosch , Yuwei Zhao

Extreme events and the heavy tail distributions driven by them are ubiquitous in various scientific, engineering and financial research. They are typically associated with stochastic instability caused by hidden unresolved processes.…

概率论 · 数学 2019-05-22 Andrew J. Majda , Xin T. Tong

Motivated by examples from extreme value theory we introduce the general notion of a cluster process as a limiting point process of returns of a certain event in a time series. We explore general invariance properties of cluster processes…

概率论 · 数学 2023-11-03 Anja Janßen , Johan Segers

Let X be a critical branching L{\'e}vy process whose offspring distribution is in the domain of attraction of a stable random variable. We study the tail probability of the maximum location ever reached by a particle in two different…

概率论 · 数学 2025-03-25 Christophe Profeta

We consider stationary configurations of points in Euclidean space which are marked by positive random variables called scores. The scores are allowed to depend on the relative positions of other points and outside sources of randomness.…

概率论 · 数学 2025-06-25 Bojan Basrak , Ilya Molchanov , Hrvoje Planinić

We consider a stationary stochastic volatility field $Y_vZ_v$ with $v\in\mathbb{Z}^d$, where $Z$ is regularly varying and $Y$ has lighter tails and is independent of $Z$. We make - relative to existing literature - very general assumptions…

概率论 · 数学 2023-01-25 Mads Stehr , Anders Rønn-Nielsen

At high levels, the asymptotic distribution of a stationary, regularly varying Markov chain is conveniently given by its tail process. The latter takes the form of a geometric random walk, the increment distribution depending on the sign of…

统计方法学 · 统计学 2014-12-11 Holger Drees , Johan Segers , Michał Warchoł

We tackle the modeling of threshold exceedances in asymptotically independent stochastic processes by constructions based on Laplace random fields. These are defined as Gaussian random fields scaled with a stochastic variable following an…

统计方法学 · 统计学 2016-03-09 Thomas Opitz

A regularly varying time series as introduced in Basrak and Segers (2009) is a (multivariate) time series such that all finite dimensional distributions are multivariate regularly varying. The extremal behavior of such a process can then be…

概率论 · 数学 2018-01-29 Anja Janßen

The extreme value dependence of regularly varying stationary time series can be described by the spectral tail process. Drees, Segers and Warchol [Extremes 18(3): 369--402, 2015] proposed estimators of the marginal distributions of this…

统计理论 · 数学 2019-07-23 Holger Drees , Miran Knezevic

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…

统计方法学 · 统计学 2017-12-19 Ragnhild C. Noven , Almut E. D. Veraart , Axel Gandy
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