Summary. Multivariate extreme value theory and methods concern the characterization, estimation and extrapolation of the joint tail of the distribution of a d-dimensional random variable. Existing approaches are based on limiting arguments in which all components of the variable become large at...

Multivariate extreme value theory and methods concern the characterization, estimation and extrapolation of the joint tail of the distribution of a "d"-dimensional random variable. Existing approaches are based on limiting arguments in which all components of the variable become large at the...

The paper describes our involvement in the high court reopened formal investigation into the sinking of the bulk carrier M. V. Derbyshire. The statistical problem that we addressed concerned the estimation of the probability that the ship had sunk from a particular form of structural failure,...

Intro -- Title Page -- Copyright -- Table of Contents -- Dedication -- Acknowledgments -- Part I: The Philosophy of Successful Investing -- Chapter 1: The Most Important Concepts in Wealth Management -- Chapter 2: The Narrative Is Reality -- Chapter 3: Tightly Grouped Arrows Nowhere Near the...

We present properties of a dependence measure that arises in the study of extreme values in multivariate and spatial problems. For multivariate problems the dependence measure characterises dependence at the bivariate level, for all pairs and all higher orders up to and including the dimension...

In a peaks over threshold analysis of a series of river flows, a sufficiently high threshold is used to extract the peaks of independent flood events. This paper reviews existing, and proposes new, statistical models for both the annual counts of such events and the process of event peak times....

Statistical methods for modelling extremes of stationary sequences have received much attention. The most common method is to model the rate and size of exceedances of some high constant threshold; the size of exceedances is modelled by using a generalized Pareto distribution. Frequently, data...