Excessively long blocks lower asymptotic relative efficiency in the block-maxima method, and new likelihood and diagnostic procedures are proposed to check whether a chosen length is adequate under rounding or censoring.
Acta Mathematica Academiae Scientiarum Hungarica , volume = 4, number = 3, pages =
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Excessively long blocks lower asymptotic relative efficiency in the block-maxima method, and new likelihood and diagnostic procedures are proposed to check whether a chosen length is adequate under rounding or censoring.