Extremes of Lévy-driven spatial random fields with regularly varying Lévy measure (Q2145769)

The authors study the extremal behaviour of a spatial Lévy-driven average given by \(X_v = \int_{\mathbb{R}^d} f(v-u) \Lambda(du), v \in \mathbb{R}^d,\) where \(\Lambda\) is an infinitely divisible, independently scattered random measure on \(\mathbb{R}^d,\) that is, a Levy basis, and \(f\) is an appropriate non-negative kernel function. Assuming the Levy measure \(\rho\) of the basis \(\Lambda\) to have a regularly varying right tail with index \(\alpha > 0,\) integrability of \(f\) and a couple of other assumptions, it is shown that \(P(\sum_{v \in B} > x) \sim \rho((x, \infty))\int_{\mathbb{R}^d}\sup_{v \in B}f^{\alpha}(v-u)du, B \subset \mathbb{R}^d,\) bounded, as \(x \rightarrow \infty\) and \(\sim\) denotes asymptotic equivalence. It is also shown that, for a sequence \(\{C_n, n \geq 1\}\) of index sets in \(\mathbb{R}^d\) increasing appropriately, there exist norming constants \(\{a_n, n \geq 1\}\) such that \(\lim_{n\rightarrow \infty} P(a_n^{-1}\sup_{v \in C_n}X_v \leq x) = \exp(\frac{-x^{-\alpha}}{\int_{\mathbb{R}^d}f^{\alpha}(u)du}). \)