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

Minimum Variance Unbiased Estimation for Some Left-Truncated Modified Power Series Distributions

Sankhyā: The Indian Journal of Statistics, Series B (1960-2002), Vol. 39, No. 3 (Dec., 1977), pp. 258-278 (21 pages) A generalized logarithmic series distribution (GLSD) with an additional parameter β ...
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 ...