Extreme Value Methods with Applications to Finance

Extreme Value Methods with Applications to Finance

by Serguei Y. Novak
Epub (Kobo), Epub (Adobe)
Publication Date: 26/01/2025

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Extreme value theory (EVT) deals with extreme (rare) events, which are sometimes reported as outliers. Certain textbooks encourage readers to remove outliers-in other words, to correct reality if it does not fit the model. Recognizing that any model is only an approximation of reality, statisticians are eager to extract information about unknown di

ISBN:
9781040195581
9781040195581
Category:
Probability & statistics
Format:
Epub (Kobo), Epub (Adobe)
Publication Date:
26-01-2025
Language:
English
Publisher:
CRC Press

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