Optimal design of sea-walls requires the extreme value analysis of a variety of oceanographic data. Asymptotic arguments suggest the use of multivariate extreme value models, but empirical studies ...

This paper presents a discrete random-field model for forward prices driven by the multivariate normal inverse Gaussian distribution. The model captures the idiosyncratic risk and adequately addresses ...

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

A random Rayleigh vector is a vector of norms of random Gaussian vectors, and a Chi-square vector is the vector of squares of these norms. Excepting special cases, neither the Rayleigh nor Chi-square ...