Big Outliers Versus Heavy Tails: what to use?

Abstract

A possibility to give strong mathematical definitions of outliers and heavy tailed distributions or their modification is discussed. Some alternatives for the notion of tail index are proposed. Key words: outliers, heavy tails, tail index.

References in corpus (1)

• Heavy Tailed Distributions in Finance: Reality or Myth? Amateurs Viewpoint

Cited by in corpus (1)

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