Modelling Extremal Events : for Insurance and Finance Paperback / softback
by Paul Embrechts, Claudia Kluppelberg, Thomas Mikosch
Part of the Stochastic Modelling and Applied Probability series
Paperback / softback
Description
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.
Information
-
Out of stock
- Format:Paperback / softback
- Pages:648 pages, XV, 648 p.
- Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
- Publication Date:10/02/2011
- Category:
- ISBN:9783642082429
Other Formats
- PDF from £93.08
- Hardback from £61.89
Information
-
Out of stock
- Format:Paperback / softback
- Pages:648 pages, XV, 648 p.
- Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
- Publication Date:10/02/2011
- Category:
- ISBN:9783642082429
