An Analysis of a Heuristic Procedure to Evaluate Tail (in)dependence

Figure 3

Root mean squared error (rmse) of estimator 𝜆^LOG (a) and estimator 𝜆^SEC (b). The four values plotted in each line correspond to 𝑏=0.0025,0.005,0.01,0.015, respectively.

(a)

(b)