Abstract
In this paper, I review a variety of approaches to the estimation of extremal properties of a probability distribution or stochastic process. Statistical methods based on exceedances over a high threshold have gained in popularity in recent years, as compared with the much older methods based directly on the extreme value distributions. Nevertheless, there remain some critical questions about their application.
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© 1994 Kluwer Academic Publishers
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Smith, R.L. (1994). Multivariate Threshold Methods. In: Galambos, J., Lechner, J., Simiu, E. (eds) Extreme Value Theory and Applications. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3638-9_14
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DOI: https://doi.org/10.1007/978-1-4613-3638-9_14
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