Extreme And Systemic Risk Analysis
Download Extreme And Systemic Risk Analysis full books in PDF, epub, and Kindle. Read online free Extreme And Systemic Risk Analysis ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Extreme and Systemic Risk Analysis
Author | : Stefan Hochrainer-Stigler |
Publisher | : |
Total Pages | : 166 |
Release | : 2020 |
Genre | : Risk assessment |
ISBN | : 9789811526909 |
Download Extreme and Systemic Risk Analysis Book in PDF, Epub and Kindle
This book is about how extreme and systemic risk can be analyzed in an integrated way. Risk analysis is understood to include measurement, assessment as well as management aspects. Integration is understood as being able to perform risk analysis for extreme and systemic events simultaneously. The presented approach is based on Sklar's theorem, which states that a multivariate distribution can be separated into two parts - one describing the marginal distributions and the other describing the dependency between the distributions using a so-called copula. It is suggested to reinterpret Sklar's theorem from a system or network perspective, treating copulas as a network property and individual, including extreme, risk as elements within the network. In that way, extreme and systemic risk can be analyzed independently as well as jointly across several scales. The book is intended for a large audience, and all techniques presented are guided with examples and applications with a special focus on natural disaster events. Furthermore, an extensive literature and discussion of it are given in each chapter for the interested reader.
Extreme and Systemic Risk Analysis Related Books
Pages: 166
Pages: 166
Pages: 93
Pages: 538
Pages: 286