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Books > Earth & environment > The environment > Environmental impact of natural disasters & phenomena

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Extreme and Systemic Risk Analysis - A Loss Distribution Approach (Hardcover, 1st ed. 2020) Loot Price: R3,387
Discovery Miles 33 870
Extreme and Systemic Risk Analysis - A Loss Distribution Approach (Hardcover, 1st ed. 2020): Stefan Hochrainer-Stigler

Extreme and Systemic Risk Analysis - A Loss Distribution Approach (Hardcover, 1st ed. 2020)

Stefan Hochrainer-Stigler

Series: Integrated Disaster Risk Management

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Loot Price R3,387 Discovery Miles 33 870 | Repayment Terms: R317 pm x 12*

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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.

General

Imprint: Springer Verlag, Singapore
Country of origin: Singapore
Series: Integrated Disaster Risk Management
Release date: April 2020
First published: 2020
Authors: Stefan Hochrainer-Stigler
Dimensions: 235 x 155mm (L x W)
Format: Hardcover
Pages: 156
Edition: 1st ed. 2020
ISBN-13: 978-981-15-2688-6
Categories: Books > Science & Mathematics > Mathematics > Probability & statistics
Books > Earth & environment > The environment > Environmental impact of natural disasters & phenomena
LSN: 981-15-2688-5
Barcode: 9789811526886

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