Titre
Extreme value theory can save your neck
Type
article de magazine/journal
Institution
Externe
Auteur(s)
Chavez-Demoulin, V.
Auteure/Auteur
Roehrl, A.
Auteure/Auteur
Liens vers les personnes
Statut éditorial
Publié
Date de publication
2004-03
Numéro
47
Première page
3
Dernière page/numéro d’article
5
Langue
anglais
Résumé
How tall should one design an embankment so that the sea reaches this level only once in 100 years? How large might a possible stock market crash be tomorrow? Many real life questions require estimation, but since no data or only few has been observed – as by definition extreme events are rare – essential estimations are more often based on feeling than on fact. Extreme Value Theory (EVT) is a branch of statistics that deals with such rare situations and that gives a scientific alternative to pure guesswork. In this white paper we show how Extreme Value Theory can literally save your neck.
PID Serval
serval:BIB_5DE98C7B797B
Date de création
2011-08-23T07:59:26.349Z
Date de création dans IRIS
2025-05-20T13:45:47Z