pith. sign in

arxiv: 1712.04883 · v2 · pith:QGLKOUD4new · submitted 2017-12-13 · 🧮 math.PR

Geometric ergodicity for some space-time max-stable Markov chains

classification 🧮 math.PR
keywords chainsmarkovmax-stablespacefactmodelsprocessessome
0
0 comments X
read the original abstract

Max-stable processes are central models for spatial extremes. In this paper, we focus on some space-time max-stable models introduced in Embrechts et al. (2016). The processes considered induce discrete-time Markov chains taking values in the space of continuous functions from the unit sphere of $\mathbb{R}^3$ to $(0, \infty)$. We show that these Markov chains are geometrically ergodic. An interesting feature lies in the fact that the state space is not locally compact, making the classical methodology inapplicable. Instead, we use the fact that the state space is Polish and apply results presented in Hairer (2010).

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.