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• W2022602914 abstract "Extreme value theory is used to derive asymptotically motivated models for unusual or rare events, e.g. the upper or lower tails of a distribution. A new flexible extreme value mixture model is proposed combining a non-parametric kernel density estimator for the bulk of the distribution with an appropriate tail model. The complex uncertainties associated with threshold choice are accounted for and new insights into the impact of threshold choice on density and quantile estimates are obtained. Bayesian inference is used to account for all uncertainties and enables inclusion of expert prior information, potentially overcoming the inherent sparsity of extremal data. A simulation study and empirical application for determining normal ranges for physiological measurements for pre-term infants is used to demonstrate the performance of the proposed mixture model. The potential of the proposed model for overcoming the lack of consistency of likelihood based kernel bandwidth estimators when faced with heavy tailed distributions is also demonstrated." @default.
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• W2022602914 date "2011-06-01" @default.
• W2022602914 modified "2023-09-26" @default.
• W2022602914 title "A flexible extreme value mixture model" @default.
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• W2022602914 doi "https://doi.org/10.1016/j.csda.2011.01.005" @default.
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