Art of Finding Hidden Risks

Discover the intricate world of multivariate heavy tail analysis in "Art of Finding Hidden Risks" by Sidney Resnick, published by Springer International Publishing AG in 2024. This insightful text, spanning 262 pages, offers a comprehensive and largely self-contained exploration of advanced statistical concepts. Resnick introduces innovative tools that facilitate a flexible definition of "extreme" phenomena in higher dimensions, enabling the coexistence of various heavy tails within the same state space. Dive into the concepts of "hidden regular variation" and "steroidal regular variation" to enhance your understanding of risk assessment and statistical modeling. Perfect for researchers and professionals alike, this hardback edition is a valuable addition to any library. Don't miss the opportunity to expand your knowledge with this essential resource!