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We show that all multivariate Extreme Value distributions, which are the possible weak limits of the $K$ largest order statistics of iid sequences, have the same copula, the so called K-extremal copula. This copula is described through…

概率论 · 数学 2015-03-13 Glauco Valle , Marco Aurelio Sanfins

Consider $n$ i.i.d. random vectors on $\mathbb{R}^2$, with unknown, common distribution function $F$. Under a sharpening of the extreme value condition on $F$, we derive a weighted approximation of the corresponding tail copula process.…

统计理论 · 数学 2007-06-13 John H. J. Einmahl , Laurens de Haan , Deyuan Li

The classical multivariate extreme-value theory concerns the modeling of extremes in a multivariate random sample, suggesting the use of max-stable distributions. In this work, the classical theory is extended to the case where aggregated…

统计方法学 · 统计学 2020-03-12 Enkelejd Hashorva , Simone A. Padoan , Stefano Rizzelli

We define in a probabilistic way a parametric family of multivariate extreme value distributions. We derive its copula, which is a mixture of several complete dependent copulas and total independent copulas, and the bivariate tail…

概率论 · 数学 2012-03-09 Helena Ferreira

Being the limits of copulas of componentwise maxima in independent random samples, extreme-value copulas can be considered to provide appropriate models for the dependence structure between rare events. Extreme-value copulas not only arise…

统计理论 · 数学 2009-12-07 Gordon Gudendorf , Johan Segers

We study the extreme points (in the Krein-Milman sense) of the class of semilinear copulas and provide their characterization. Related results into the more general setting of conjunctive aggregation functions (i.e, semi--copulas and…

Extreme values modeling has attracting the attention of researchers in diverse areas such as the environment, engineering, or finance. Multivariate extreme value distributions are particularly suitable to model the tails of multidimensional…

统计理论 · 数学 2017-01-16 Helena Ferreira , Marta Ferreira

Multivariate extreme-value analysis is concerned with the extremes in a multivariate random sample, that is, points of which at least some components have exceptionally large values. Mathematical theory suggests the use of max-stable models…

概率论 · 数学 2012-04-03 Johan Segers

This article proposes a generalized notion of extreme multivariate dependence between two random vectors which relies on the extremality of the cross-covariance matrix between these two vectors. Using a partial ordering on the…

计量经济学 · 经济学 2021-02-10 Damien Bosc , Alfred Galichon

In this paper, we study the asymptotic behaviors of the extreme of mixed skew-t distribution. We considered limits on distribution and density of maximum of mixed skew-t distribution under linear and power normalization, and further derived…

统计理论 · 数学 2016-06-13 Jingyao Hou , Xin Liao , Zuoxiang Peng

We give necessary and sufficient conditions for two sub-vectors of a random vector with a multivariate extreme value distribution, corresponding to the limit distribution of the maximum of a multidimensional stationary sequence with…

概率论 · 数学 2010-06-09 Clara Viseu , Luísa Pereira , Ana Paula Martins , Helena Ferreira

When passing from the univariate to the multivariate setting, modelling extremes becomes much more intricate. In this introductory exposition, classical multivariate extreme value theory is presented from the point of view of multivariate…

统计理论 · 数学 2024-12-25 Philippe Naveau , Johan Segers

We evaluate the dependence among the margins of a random vector with Multivariate Extreme Value distribution throughout the expected value of a range and relate this coefficient of dependence with the multivariate tail dependence. Its…

概率论 · 数学 2013-04-26 Helena Ferreira

We survey the connections between extreme-value theory and regular variation, in one and higher dimensions, from the algebraic point of view of our recent work on Popa groups.

概率论 · 数学 2020-01-16 N. H. Bingham , A. J. Ostaszewski

We address the estimation of quantiles from heavy-tailed distributions when functional covariate information is available and in the case where the order of the quantile converges to one as the sample size increases. Such "extreme"…

统计理论 · 数学 2011-04-04 L. Gardes , S. Girard , A. Lekina

Extreme values are considered in samples with random size that has a mixed Poisson distribution being generated by a doubly stochastic Poisson process. We prove some inequalities providing bounds on the rate of convergence in limit theorems…

概率论 · 数学 2020-04-02 Victor Korolev , Igor Sokolov , Andrey Gorshenin

Several environmental phenomena can be described by different correlated variables that must be considered jointly in order to be more representative of the nature of these phenomena. For such events, identification of extremes is…

应用统计 · 统计学 2018-03-15 Raúl Torres , Carlo De Michele , Henry Laniado , Rosa E. Lillo

The recent survey published in Fuzzy Sets and Systems nicknamed ``Hitchhiker's Guide'' has raised the rating of quasi-copula problems in the dependence modeling community in spite of the lack of statistical interpretation of quasi-copulas.…

统计理论 · 数学 2025-05-13 Matej Belšak , Matjaž Omladič , Martin Vuk , Aljaž Zalar

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

Models for extreme values are generally derived from limit results, which are meant to be good enough approximations when applied to finite samples. Depending on the speed of convergence of the process underlying the data, these…

统计理论 · 数学 2019-02-20 Thomas Lugrin , Anthony C. Davison , Jonathan A. Tawn
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