Approximations in Extreme Value Theory.
Abstract
Following a survey of rates of convergence in extreme value theory, a new class of approximations is developed and compared with existing approximations based on the extreme value distributions. Convergence in Hellinger distance is established, this distance measure being chosen because of its statistical applications. Numerical examples confirm the superiority of the new approximation. Keywords: Extreme value theory, Generalised extreme value distribution, Generlised Pareto distribution, Hellinger distance, Rates of convergence, Regular variation with reminder, Total variation distance.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1987
- Accession Number
- ADA189817
Entities
People
- Richard L. Smith
Organizations
- University of North Carolina at Chapel Hill