Econometrics of Risk

This edited book contains several state-of-the-art papers devoted to econometrics of risk. Some papers provide theoretical analysis of the corresponding mathematical, statistical, computational, and economical models. Other papers describe applications of the novel risk-related econometric techniques to real-life economic situations. The book presents new methods developed just recently, in particular, methods using non-Gaussian heavy-tailed distributions, methods using non-Gaussian copulas to properly take into account dependence between different quantities, methods taking into account imprecise ("fuzzy") expert knowledge, and many other innovative techniques.
This versatile volume helps practitioners to learn how to apply new techniques of econometrics of risk, and researchers to further improve the existing models and to come up with new ideas on how to best take into account economic risks.

List of contents

Part I Fundamental Theory.- Part II Applications.

Summary

This edited book contains several state-of-the-art papers devoted to econometrics of risk. Some papers provide theoretical analysis of the corresponding mathematical, statistical, computational, and economical models. Other papers describe applications of the novel risk-related econometric techniques to real-life economic situations. The book presents new methods developed just recently, in particular, methods using non-Gaussian heavy-tailed distributions, methods using non-Gaussian copulas to properly take into account dependence between different quantities, methods taking into account imprecise ("fuzzy") expert knowledge, and many other innovative techniques.
This versatile volume helps practitioners to learn how to apply new techniques of econometrics of risk, and researchers to further improve the existing models and to come up with new ideas on how to best take into account economic risks.

Product details

• Assisted by: Van-Nam Huynh (Editor), Vladi Kreinovich (Editor), Vladik Kreinovich (Editor), Songsak Sriboonchitta (Editor), Songsak Sriboonchitta et al (Editor), Komsan Suriya (Editor)
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2016
• EAN: 9783319385525
• ISBN: 978-3-31-938552-5
• No. of pages: 498
• Dimensions: 156 mm x 237 mm x 28 mm
• Weight: 767 g
• Illustrations: X, 498 p. 94 illus., 75 illus. in color.
• Series: Studies in Computational Intelligence; Studies in Computational Intelligence
• Subjects: Natural sciences, medicine, IT, technology > Technology > General, dictionaries; B, engineering, quality control, Finance & accounting, reliability, Economics, Mathematical, Quantitative Finance, Mathematics in Business, Economics and Finance, Computational Intelligence, Industrial safety, Quality Control, Reliability, Safety and Risk, Reliability engineering, Econometrics & economic statistics, Econometrics, Security Science and Technology