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Because of its potential to "predict the unpredictable," extreme value theory (EVT) and methodology receives a great deal of attention from researchers. Extreme Values in Finance, Telecommunications, and the Environment brings together leading authorities to provide expository chapters on the application and theory of extreme values in the areas of finance, insurance, the environment, and telecommunications. A comprehensive introductory chapter by Richard Smith ensures a high level of cohesion for this volume. Presenting information from the forefront of knowledge and research, this book brings readers quickly up to speed on the current issues and techniques of EVT.
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