Fat-Tailed Distributions and Levy Processes
Applications
2008-08-19 v1
Abstract
The notion that natural disasters can be controlled is, of course, farcical; history is permeated with examples of countless failed attempts at this pointless task; it is synonymous with trying to build a perpetual motion machine. Nonetheless, there are ways to reduce their impact on human communities, particularly by looking away from the normal hypothesis.
Cite
@article{arxiv.0808.2393,
title = {Fat-Tailed Distributions and Levy Processes},
author = {Louis Mello},
journal= {arXiv preprint arXiv:0808.2393},
year = {2008}
}