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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

Gaussian random vectors exhibit the loss of dimension phenomena, which relate to their joint survival tail behaviour. Besides, the fact that the components of such vectors are light-tailed complicates the approximations of various…

风险管理 · 定量金融 2018-10-09 E. Hashorva

We propose a variational tail bound for norms of random vectors under moment assumptions on their one-dimensional marginals. A simplified version of the bound that parametrizes the ``aggregating distribution'' using a certain pushforward of…

概率论 · 数学 2026-02-02 Sohail Bahmani

In this paper we are concerned with a sample of asymptotically independent risks. Tail asymptotic probabilities for linear combinations of randomly weighted order statistics are approximated under various assumptions, where the individual…

概率论 · 数学 2014-06-24 Alexandru V. Asimit , Enkelejd Hashorva , Dominik Kortschak

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

We study tail behaviour of the distribution of the area under the positive excursion of a random walk which has negative drift and heavy-tailed increments. We determine the asymptotics for tail probabilities for the area.

概率论 · 数学 2019-07-03 Denis Denisov , Elena Perfilev , Vitali Wachtel

We derive the sharp non-asymptotical uniform estimations for tails of distributions for classical normed sums of centered normed independent random vectors having a moderate decreasing individual tails of summands.

概率论 · 数学 2021-10-08 M. R. Formica , E. Ostrovsky , L. Sirota

This paper presents estimates for the distribution of the exit time from balls and short time asymptotics for measure metric Dirichlet spaces. The estimates cover the classical Gaussian case, the sub-diffusive case which can be observed on…

概率论 · 数学 2007-05-23 Andras Telcs

By using a probabilistic technique based on the exponential change of measure we find a precise tail asymptotic behavior of some perpetuities with distributions close to the Dickman distribution.

概率论 · 数学 2026-04-17 Alexander Iksanov , Oleh Iksanov

In this paper, we derive tail approximations of integrals of exponential functions of Gaussian random fields with varying mean functions and approximations of the associated point processes. This study is motivated naturally by multiple…

统计理论 · 数学 2011-12-05 Jingchen Liu , Gongjun Xu

We obtain asymptotic approximations for the probability density function of the product of two correlated normal random variables with non-zero means and arbitrary variances. As a consequence, we deduce asymptotic approximations for the…

概率论 · 数学 2024-10-22 Robert E. Gaunt , Zixin Ye

Asymptotic expansions are derived for the tail distribution of the product of two correlated normal random variables with non-zero means and arbitrary variances, and more generally the sum of independent copies of such random variables.…

概率论 · 数学 2025-05-27 Robert E. Gaunt , Zixin Ye

Different questions related with analysis of extreme values and outliers arise frequently in practice. To exclude extremal observations and outliers is not a good decision because they contain important information about the observed…

统计方法学 · 统计学 2018-01-17 Pavlina K. Jordanova , Monika P. Petkova

We consider two independent random variables with the given tail asymptotic (e.g. power or exponential). We find tail asymptotic for their sum and product. This is done by some cumbersome but purely technical computations and requires the…

概率论 · 数学 2013-05-09 Andrey Sarantsev

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

The exact expression for the probability density $p_{_N}(x)$ for sums of a finite number $N$ of random independent terms is obtained. It is shown that the very tail of $p_{_N}(x)$ has a Gaussian form if and only if all the random terms are…

概率论 · 数学 2013-05-29 Michael I. Tribelsky

We present several refinements on the fluctuations of sequences of random vectors (with values in the Euclidean space $\mathbb{R}^d$) which converge after normalization to a multidimensional Gaussian distribution. More precisely we refine…

概率论 · 数学 2022-03-04 Pierre-Loïc Méliot , Ashkan Nikeghbali

For a centered $d$-dimensional Gaussian random vector $\xi =(\xi_1,\ldots,\xi_d)$ and a homogeneous function $h:R^d\to R$ we derive asymptotic expansions for the tail of the Gaussian chaos $h(\xi)$ given the function $h$ is sufficiently…

概率论 · 数学 2015-02-18 Enkelejd Hashorva , Dmitry Korshunov , Vladimir I. Piterbarg

In this note we prove bounds on the upper and lower probability tails of sums of independent geometric or exponentially distributed random variables. We also prove negative results showing that our established tail bounds are asymptotically…

统计理论 · 数学 2019-02-11 Yaonan Jin , Yingkai Li , Yining Wang , Yuan Zhou

An explicit upper bound on the tail probabilities for the normalized Rademacher sums is given. This bound, which is best possible in a certain sense, is asymptotically equivalent to the corresponding tail probability of the standard normal…

概率论 · 数学 2017-01-17 Iosif Pinelis
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