Natural Hazards and Earth System Sciences
Natural Hazards and Earth System Sciences
NHESS
Articles | Volume 17, issue 3
Articles | Volume 17, issue 3
https://doi.org/10.5194/nhess-17-357-2017
© Author(s) 2017. This work is distributed under
the Creative Commons Attribution 3.0 License.
https://doi.org/10.5194/nhess-17-357-2017
© Author(s) 2017. This work is distributed under
the Creative Commons Attribution 3.0 License.
Articles | Volume 17, issue 3
Research article
 | 
08 Mar 2017
Research article |  | 08 Mar 2017

Efficient bootstrap estimates for tail statistics

Øyvind Breivik and Ole Johan Aarnes

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Short summary
Return values can be estimated from large data sets stemming from numerical models. The question explored here is how much of the original data must be kept in order to compute unbiased return estimates. We find that retaining only a small fraction is usually enough. This offers huge storage and computational savings. We provide a set of examples to demonstrate how this can be done.
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