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Stability and contagion measures for spatial extreme value analyzes

Cecília Fonseca, Helena Ferreira, Luísa Pereira, Ana Paula Martins (2014)

Kybernetika

As part of global climate change an accelerated hydrologic cycle (including an increase in heavy precipitation) is anticipated (Trenberth [20, 21]). So, it is of great importance to be able to quantify high-impact hydrologic relationships, for example, the impact that an extreme precipitation (or temperature) in a location has on a surrounding region. Building on the Multivariate Extreme Value Theory we propose a contagion index and a stability index. The contagion index makes it possible to quantify...

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