An offspring of multivariate extreme value theory: the max-characteristic function

This paper introduces max-characteristic functions (max-CFs), which are an offspring of multivariate extreme-value theory. A max-CF characterizes the distribution of a random vector in Rd, whose components are nonnegative and have finite expectation. Pointwise convergence of max-CFs is shown to be e...

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Main Authors: Falk, Michael, Stupfler, Gilles
Format: Article
Published: Elsevier 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/43808/
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author Falk, Michael
Stupfler, Gilles
author_facet Falk, Michael
Stupfler, Gilles
author_sort Falk, Michael
building Nottingham Research Data Repository
collection Online Access
description This paper introduces max-characteristic functions (max-CFs), which are an offspring of multivariate extreme-value theory. A max-CF characterizes the distribution of a random vector in Rd, whose components are nonnegative and have finite expectation. Pointwise convergence of max-CFs is shown to be equivalent to convergence with respect to the Wasserstein metric. The space of max-CFs is not closed in the sense of pointwise convergence. An inversion formula for max-CFs is established.
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spelling nottingham-438082020-05-04T18:33:06Z https://eprints.nottingham.ac.uk/43808/ An offspring of multivariate extreme value theory: the max-characteristic function Falk, Michael Stupfler, Gilles This paper introduces max-characteristic functions (max-CFs), which are an offspring of multivariate extreme-value theory. A max-CF characterizes the distribution of a random vector in Rd, whose components are nonnegative and have finite expectation. Pointwise convergence of max-CFs is shown to be equivalent to convergence with respect to the Wasserstein metric. The space of max-CFs is not closed in the sense of pointwise convergence. An inversion formula for max-CFs is established. Elsevier 2017-02-28 Article PeerReviewed Falk, Michael and Stupfler, Gilles (2017) An offspring of multivariate extreme value theory: the max-characteristic function. Journal of Multivariate Analysis, 154 . pp. 85-95. ISSN 0047-259X Multivariate extreme-value theory; Max-characteristic function; Wasserstein metric; Convergence http://www.sciencedirect.com/science/article/pii/S0047259X16301191 doi:10.1016/j.jmva.2016.10.007 doi:10.1016/j.jmva.2016.10.007
spellingShingle Multivariate extreme-value theory; Max-characteristic function; Wasserstein metric; Convergence
Falk, Michael
Stupfler, Gilles
An offspring of multivariate extreme value theory: the max-characteristic function
title An offspring of multivariate extreme value theory: the max-characteristic function
title_full An offspring of multivariate extreme value theory: the max-characteristic function
title_fullStr An offspring of multivariate extreme value theory: the max-characteristic function
title_full_unstemmed An offspring of multivariate extreme value theory: the max-characteristic function
title_short An offspring of multivariate extreme value theory: the max-characteristic function
title_sort offspring of multivariate extreme value theory: the max-characteristic function
topic Multivariate extreme-value theory; Max-characteristic function; Wasserstein metric; Convergence
url https://eprints.nottingham.ac.uk/43808/
https://eprints.nottingham.ac.uk/43808/
https://eprints.nottingham.ac.uk/43808/