A0616
Title: Performance comparison of estimators based on different norms of bivariate regular variation
Authors: Moosup Kim - Keimyung University (Korea, South) [presenting]
Abstract: The performance discrepancy is investigated among estimators based on different norms of bivariate regular variation. Since the likelihood function varies along with the norm, different estimators can be derived. Comparing some estimators based on different norms, it turns out that they have different accuracies. However, there is no universal superior one among them. Meanwhile, the standard error is a promising indicator of performance and can be utilized to select the most suitable one of the estimators under consideration for analyzing the data at hand.
