Standard Article

Tail Dependence Functions, Statistical Inference for

Extremes and Environmental Risk

  1. Liang Peng1,
  2. Zhengjun Zhang2

Published Online: 15 JAN 2013

DOI: 10.1002/9780470057339.vnn017

Encyclopedia of Environmetrics

Encyclopedia of Environmetrics

How to Cite

Peng, L. and Zhang, Z. 2013. Tail Dependence Functions, Statistical Inference for. Encyclopedia of Environmetrics. 6.

Author Information

  1. 1

    Georgia Institute of Technology, Atlanta, GA, USA

  2. 2

    University of Wisconsin-Madison, Madison, WI, USA

Publication History

  1. Published Online: 15 JAN 2013

Abstract

Predicting extreme events plays an important role in environmental risk management. Tail dependence functions are naturally adopted in statistical inference of extreme events. In this article, we review some methodologies proposed in the literature.

Keywords:

  • extreme values;
  • prediction;
  • tail dependence function;
  • parametric inference;
  • nonparametric inference