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978-0-387-45024-7

Heavy-Tail Phenomena

Publication Date: 2007

ISBN: 978-0-387-45024-7

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This comprehensive text gives an interesting and useful blend of the mathematical, probabilistic and statistical tools used in heavy-tail analysis. Heavy tails are characteristic of phenomena where there is a significant probability of a single huge value impacting system behavior. Record-breaking insurance losses, financial returns, sizes of files stored on a server, transmission rates of files are all examples of heavy-tailed phenomena.


Subject: Mathematics and Statistics, Analysis, Fitting, Poisson process, STATISTICA, Time series, data analysis, electrical engineering, hydrology, modeling, operations research, point process, stochastic process