- Author : Van-Nam Huynh
- Release Date : 15 December 2014
- Publisher : Springer
- Genre : Technology & Engineering
- Pages : 498
- ISBN 13 : 9783319134499
Download or read book entitled Econometrics of Risk written by Van-Nam Huynh and published by Springer online. This book was released on 15 December 2014 with total pages 498. Available in PDF, EPUB and Kindle. Book excerpt: 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.