On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values

In this paper, we study the existence and consistency of the maximum likelihood estimator of the extreme value index based on k-record values. Following the method used by Drees et al. (2004) and Zhou (2009), we prove that the likelihood equations, in terms of k-record values, eventually admit a str...

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Main Authors: Abderrahim Louzaoui, Mohamed El Arrouchi
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2020/5497413
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author Abderrahim Louzaoui
Mohamed El Arrouchi
author_facet Abderrahim Louzaoui
Mohamed El Arrouchi
author_sort Abderrahim Louzaoui
collection DOAJ
description In this paper, we study the existence and consistency of the maximum likelihood estimator of the extreme value index based on k-record values. Following the method used by Drees et al. (2004) and Zhou (2009), we prove that the likelihood equations, in terms of k-record values, eventually admit a strongly consistent solution without any restriction on the extreme value index, which is not the case in the aforementioned studies.
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institution Kabale University
issn 1687-952X
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publishDate 2020-01-01
publisher Wiley
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series Journal of Probability and Statistics
spelling doaj-art-84fda983bb7845a489eb75267ea5bbe92025-08-20T03:37:12ZengWileyJournal of Probability and Statistics1687-952X1687-95382020-01-01202010.1155/2020/54974135497413On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record ValuesAbderrahim Louzaoui0Mohamed El Arrouchi1Ibn Tofail University, Faculty of Sciences Department of Mathematics, Kenitra, MoroccoIbn Tofail University, Faculty of Sciences Department of Mathematics, Kenitra, MoroccoIn this paper, we study the existence and consistency of the maximum likelihood estimator of the extreme value index based on k-record values. Following the method used by Drees et al. (2004) and Zhou (2009), we prove that the likelihood equations, in terms of k-record values, eventually admit a strongly consistent solution without any restriction on the extreme value index, which is not the case in the aforementioned studies.http://dx.doi.org/10.1155/2020/5497413
spellingShingle Abderrahim Louzaoui
Mohamed El Arrouchi
On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
Journal of Probability and Statistics
title On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
title_full On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
title_fullStr On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
title_full_unstemmed On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
title_short On the Maximum Likelihood Estimation of Extreme Value Index Based on k-Record Values
title_sort on the maximum likelihood estimation of extreme value index based on k record values
url http://dx.doi.org/10.1155/2020/5497413
work_keys_str_mv AT abderrahimlouzaoui onthemaximumlikelihoodestimationofextremevalueindexbasedonkrecordvalues
AT mohamedelarrouchi onthemaximumlikelihoodestimationofextremevalueindexbasedonkrecordvalues