An Introduction to Heavy-Tailed and Subexponential Distributions

• Main Authors: Foss, Sergey. (Author), Korshunov, Dmitry. (Author), Zachary, Stan. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2013.
• Edition: 2nd ed. 2013.
• Series: Springer Series in Operations Research and Financial Engineering,
• Subjects: Mathematics.; Distribution (Probability theory).; Economics > Statistics.; Probability Theory and Stochastic Processes.; Statistics for Business/Economics/Mathematical Finance/Insurance.; Statistical Physics, Dynamical Systems and Complexity.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-1-4614-7101-1

Heavy-tailed probability distributions are an important component in the modeling of many stochastic systems. They are frequently used to accurately model inputs and outputs of computer and data networks and service facilities such as call centers. They are an essential for describing risk processes...

Table of Contents:

• Preface
• Introduction
• Heavy- and long-tailed distributions
• Subexponential distributions
• Densities and local probabilities
• Maximum of random walks
• References
• Index.