JSTOR Daily

Stochastic Analysis of Typhoon-Induced Storm Surge in the Coastal Area of the Korean Peninsula: Inference from a Nonstationary, Bayesian, Poisson, Generalized Pareto Distribution

Climate-related disasters in East Asia have been recently increasing due to enhanced climate variability and climate change. Moreover, the frequency and intensity of typhoons and associated disasters ...
JSTOR Daily

On Jani's Paper on the Minimum Variance Unbiased Estimation for a Left-Truncated Modified Power Series Distribution

Sankhyā: The Indian Journal of Statistics, Series B (1960-2002), Vol. 48, No. 1 (Apr., 1986), pp. 144-150 (7 pages) New recurrence relations for the modified Stirling and C-numbers defined and used by ...
Investopedia

Poisson Distribution: Formula and Meaning in Finance

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Risk

Credit models and the crisis: default cluster dynamics and the generalized Poisson loss model

We consider collateralized debt obligations (CDOs), analyzing their valuation (both pre-crisis and in-crisis) with the generalized Poisson loss model. GeneralizedPoisson loss is an arbitrage-free ...