Extreme Value Theory (EVT) provides a rigorous statistical framework for assessing the probability of rare and high-impact events. When coupled with the study of dynamical systems, researchers can ...
Just how much faster can an athlete run the hundred meters? The current world record, which belongs to Usain Bolt, stands at 9.69 seconds. Two econometricians have calculated the ultimate records ...
Consider a random sample from a bivariate distribution function F in the max-domain of attraction of an extreme-value distribution function G. This G is characterized by two extreme-value indices and ...
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