Shrinkage Methods for Estimating the Shape Parameter of the Generalized Pareto Distribution
The generalized Pareto distribution is one of the most important distributions in statistics of extremes as it has wide applications in fields such as finance, insurance, and hydrology. This study proposes two new methods for estimating the shape parameter of the generalized Pareto distribution (GPD...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2023-01-01
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| Series: | Journal of Applied Mathematics |
| Online Access: | http://dx.doi.org/10.1155/2023/9750638 |