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The Development of Estimators for the Peaks-Over-Threshold Method

[+] Author Affiliations
A. Naess, P. H. Clausen

Norwegian University of Science and Technology, Trondheim, Norway

Paper No. OMAE2002-28472, pp. 567-572; 6 pages
  • ASME 2002 21st International Conference on Offshore Mechanics and Arctic Engineering
  • 21st International Conference on Offshore Mechanics and Arctic Engineering, Volume 2
  • Oslo, Norway, June 23–28, 2002
  • Conference Sponsors: Ocean, Offshore, and Arctic Engineering Division
  • ISBN: 0-7918-3612-6 | eISBN: 0-7918-3599-5
  • Copyright © 2002 by ASME


The paper discusses the accuracy and efficiency of some of the standard estimators used in conjunction with the Peaks-Over-Threshold (POT) method. A comparison is made between some commonly adopted estimators and two types of estimators proposed by the authors. The comparison is based on an extensive set of synthetic data simulated from a range of different statistical distribution functions that have been assumed to describe wind speed processes.

Copyright © 2002 by ASME



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