Extremes and Environmental Risk
Published Online: 15 JAN 2013
Copyright © 2002 John Wiley & Sons, Ltd
Encyclopedia of Environmetrics
How to Cite
Drees, H. 2013. Exceedance Probability . Encyclopedia of Environmetrics. 2.
- Published Online: 15 JAN 2013
The probability that a future observation exceeds a high threshold is approximated and estimated using an extreme value approach.
- exceedance over threshold;
- extreme value theory;
- generalized Pareto distribution;
- threshold models