We derive a closed form expression for the likelihood function of a Gaussian max-stable process indexed by ℝ d at p ≤ d + 1 sites, d ≥ 1. We demonstate the gain in efficiency in the maximum composite ...

Mixed model analyses via restricted maximum likelihood, fitting the so-called animal model, have become standard methodology for the estimation of genetic variances. Models involving multiple genetic ...

Parabolic and hyperbolic stochastic partial differential equations in one-dimensional space have been proposed as models for the term structure of interest rates. The solution to these equations is ...