Article ID Journal Published Year Pages File Type
1145509 Journal of Multivariate Analysis 2015 12 Pages PDF
Abstract

Replacing the spectral measure by a random vector Z allows the representation of a max-stable distribution on RdRd with standard negative margins via a norm, called DD-norm  , whose generator is Z. The set of DD-norms can be equipped with a commutative multiplication type operation, making it a semigroup with an identity element. This multiplication leads to idempotent DD-norms. We characterize the set of idempotent DD-norms. Iterating the multiplication provides a track of DD-norms, whose limit exists and is again a DD-norm. If this iteration is repeatedly done on the same DD-norm, then the limit of the track is idempotent.

Related Topics
Physical Sciences and Engineering Mathematics Numerical Analysis
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