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In this paper, we introduce a robust estimator of the tail index of a Pareto-type distribution. The estimator is obtained through the use of the minimum density power divergence with an exponential regression model for log-spacings of top order statistics. The proposed estimator is compared to existing minimum density power divergence estimators of the tail index based on fitting an extended Pareto distribution and exponential regression model on log-ratio of spacings of order statistics. We derive the influence function and gross error sensitivity of the proposed estimator of the tail index to study its robustness properties. In addition, a simulation study is conducted to assess the performance of the estimators under different contaminated samples from different distributions. The results show that our proposed estimator of the tail index has better mean square errors and is less sensitive to an increase in the number of top order statistics. In addition, the estimation of the exponential regression model yields estimates of second-order parameters that can be used for estimation of extreme events such as quantiles and exceedance probabilities. The proposed estimator is illustrated with practical datasets on insurance claims and calcium content in soil samples. [ABSTRACT FROM AUTHOR]

This article proposes an open-set recognition model that is based on the use of extreme value statistics. For this purpose, a distance ratio is introduced that expresses how dissimilar a target point is from the known classes by considering the ratio of distances locally around the target point. It is shown that the class of generalized Pareto distributions with bounded support can be used to model the peaks of the distance ratio above a high threshold. The resulting distribution provides a probabilistic framework to perform open-set recognition. Furthermore, we describe a numerical procedure to estimate the hyperparameters of our model. This procedure is based on a new objective function that considers both the fit of the generalized Pareto distribution and the misclassification error of the known classes. Our method is applied to three image datasets and an audio dataset showing that it outperforms similar open-set recognition and anomaly detection methods. for this article are available online. [ABSTRACT FROM AUTHOR]