Modelling Extremal Events image
Modelling Extremal Events image

Modelling Extremal Events

Books | Business & Economics / Insurance / General

Paul Embrechts
Claudia Klüppelberg
Thomas Mikosch
Both in insurance and in finance applications, questions involving extremal events (such as large insurance claims, large fluctuations in financial data, stock market shocks, risk management, ...) play an increasingly important role. This book sets out to bridge the gap between the existing theory and practical applications both from a probabilistic as well as from a statistical point of view. Whatever new theory is presented is always motivated by relevant real-life examples. The numerous illustrations and examples, and the extensive bibliography make this book an ideal reference text for students, teachers and users in the industry of extremal event methodology.
AD
Buy now:
More Details:
Author
Paul Embrechts
Pages
648
Publisher
Springer Science & Business Media
Published Date
2013-01-02
ISBN
3540609318 9783540609315
Ratings
Google: 4.5

Discussions

LATEST