## Composite likelihood estimation for the Brown--Resnick process

Genton et al. (2011) investigated the gain in efficiency when triplewise, rather than pairwise, likelihood is used to fit the popular Smith max-stable model for spatial extremes. We generalize their results to the Brown--Resnick model and show that the efficiency gain is substantial only for very smooth processes, which are generally unrealistic in applications.

Published in:
Biometrika, 100, 2, 511-518
Year:
2013
Keywords:
Laboratories: