Modeling Multiple Risks: Hidden Domain of Attraction
Abstract
Hidden regular variation is a sub-model of multivariate regular variation and facilitates accurate estimation of joint tail probabilities. We generalize the model of hidden regular variation to what we call hidden domain of attraction. We exhibit examples that illustrate the need for a more general model and discuss detection and estimation techniques.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2012
- Accession Number
- ADA585760
Entities
People
- Abhimanyu Mitra
- Sidney Resnick
Organizations
- Cornell University