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Modelling Extremal Events
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Modelling Extremal Events : for Insurance and Finance

Softcover reprint of the original 1st ed. 1997

by Claudia Klüppelberg , Paul Embrechts , Thomas Mikosch

Book Details

Format Paperback / Softback
Book Series Stochastic Modelling and Applied Probability
ISBN-10 3642082424
ISBN-13 9783642082429
Edition Softcover reprint of the original 1st ed. 1997
Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Country of Manufacture GB
Country of Publication GB
Publication Date Feb 10th, 2011
Print length 648 Pages
Weight 906 grams
Dimensions 23.80 x 15.50 x 3.50 cms
Product Classification: EconometricsEconometrics and economic statisticsEconometrics and economic statisticsEconomic statisticsFinanceFinance and the finance industryInsurance & actuarial studiesInsurance and actuarial studiesBusiness mathematics & systemsBusiness mathematics and systemsProbability & statisticsProbability and statisticsApplied mathematicsStochastics
Ksh 19,800.00
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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.

"A reader''s first impression on leafing through this book is of the large number of graphs and diagrams, used to illustrate shapes of distributions...and to show real data examples in various ways. A closer reading reveals a nice mix of theory and applications, with the copious graphical illustrations alluded to. Such a mixture is of course dear to the heart of the applied probabilist/statistician, and should impress even the most ardent theorists." --MATHEMATICAL REVIEWS

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