000			02238 a2200193 4500
020			_a9781498701297
040			_cIIT Kanpur
041			_aeng
082			_a519.2 _bEx89
245			_aExtreme value modeling and risk analysis _bmethods and applications _cedited by Dipak K. Dey and Jun Yan
260			_bCRC Press _c2016 _aBoca Raton
300			_axx, 520p
520			_aExtreme Value Modeling and Risk Analysis: Methods and Applications presents a broad overview of statistical modeling of extreme events along with the most recent methodologies and various applications. The book brings together background material and advanced topics, eliminating the need to sort through the massive amount of literature on the subject. After reviewing univariate extreme value analysis and multivariate extremes, the book explains univariate extreme value mixture modeling, threshold selection in extreme value analysis, and threshold modeling of non-stationary extremes. It presents new results for block-maxima of vine copulas, develops time series of extremes with applications from climatology, describes max-autoregressive and moving maxima models for extremes, and discusses spatial extremes and max-stable processes. The book then covers simulation and conditional simulation of max-stable processes; inference methodologies, such as composite likelihood, Bayesian inference, and approximate Bayesian computation; and inferences about extreme quantiles and extreme dependence. It also explores novel applications of extreme value modeling, including financial investments, insurance and financial risk management, weather and climate disasters, clinical trials, and sports statistics. Risk analyses related to extreme events require the combined expertise of statisticians and domain experts in climatology, hydrology, finance, insurance, sports, and other fields. This book connects statistical/mathematical research with critical decision and risk assessment/management applications to stimulate more collaboration between these statisticians and specialists.
650			_aRisk assessment -- Mathematical models
650			_aMultivariate analysis
700			_aDey, Dipak K. [ed.]
700			_aYan, Jun [ed.]
942			_cBK
999			_c560729 _d560729