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Extremes in Nature: An Approach Using Copulas
Paperback
Series: Water Science and Technology Library, Book 56
General MathematicsGeneral SciencePhysics
ISBN13: 9789401782753
Publisher: Springer
Published: Nov 23 2014
Pages: 292
Weight: 0.97
Height: 0.65 Width: 6.14 Depth: 9.21
Language: English
The study of the statistics of extreme events is an essential first step in the mitigation of natural catastrophies. This book reviews the theoretical and practical aspects of the statistics of extreme events in nature. Topics range from high and low flows, to earthquakes and volcanic eruptions, land slides, avalanches, windstorms, extreme sea levels and high waves, forest fires and other disasters that threaten lives and properties and often cause severe economic losses worldwide. In many applications it is important to consider extreme events in a bivariate or multivariate context. Copulas exactly describe and model the dependence structure between random variables independently of the marginal laws involved. This approach simplifies the analysis of phenomena involved and makes it possible to introduce new parameters for the characterization of the extreme behaviour of a system.
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Extremes in Nature: An Approach Using Copulas
Salvadori, Gianfausto
De Michele, Carlo
Kottegoda, Nathabandu T.
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