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Statistical Implications of Fat Tails: On New Computational Approaches to Decision Making

19.99 €
In stock
Statistical Implications of Fat Tails: On New Computational Approaches to Decision Making
19.99 €
In basket
The new book by the world-famous thinker, author of "The Black Swan" Nassim Nicholas Taleb opens The Technical Incerto Collection series and is devoted to those classes of statistical distributions, from which we can expect extreme events.If you are not friendly with graphs and formulas, then from this book you will get information only about scandals and exposure of gore-scientists. If you taught mathematical statistics, this book will help you retrain. If you are a student or a scientist, this book is an invaluable master class. For the first time, research articles by Taleb and his students are collected under one cover. In Taleb's inimitable style, it vividly and vividly traces the thought process of an applied mathematician who is faced with a vital problem, not knowing whether it can be solved analytically, where to start, what to grab - but who is determined to use, if necessary, the entire arsenal of classical and modern mathematics and the full power of computers. The author and his followers generously share with the reader their early hunches, intuitions, and analogies that helped them eventually find a solution.
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