64 citations · 77 across the 5 of their papers we have counts for
Showing 2011Show all
2 papers · 1 filter
stat.AP2011
Pricing Weather Derivatives for Extreme Events
Robert J. Erhardt, Richard L. Smith
We consider pricing weather derivatives for use as protection against weather extremes. The method described utilizes results from spatial statistics and extreme value theory to fi…
stat.CO2011
Approximate Bayesian Computing for Spatial Extremes
Robert J. Erhardt, Richard L. Smith
Statistical analysis of max-stable processes used to model spatial extremes has been limited by the difficulty in calculating the joint likelihood function. This precludes all stan…